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#10 Part 1: Startup Playbook Silicon Valley Doesn’t Want You to Know

Most founders follow advice that sets them up to fail. In this episode of Divot, we sit down with one of the most influential minds in startup history — Steve Blank. Before reshaping modern entrepreneurship, Steve co-founded E.piphany, a CRM company that went public in 1999 and soared to an $8 billion valuation. After multiple startups and hard-won lessons, he created the startup playbook that changed how companies are built — from customer discovery to the Lean Startup. Steve’s teachings are used at Stanford, Columbia, and Berkeley, adopted by Y Combinator, and taught in U.S. national security programs through his Hacking for Defense initiative. He’s helped thousands of founders avoid failure and build with truth instead of hype. This conversation is a masterclass in resilience, innovation, and clarity for any builder, founder, or operator. Follow Steve – X (Twitter): https://twitter.com/sgblank Follow Derek – X (Twitter): https://twitter.com/derekjandersen Timestamps: 6:30 – After 21 years of doing startups, deciding what was next 10:39 – What makes startup founders different 14:11 – “Adventure Capital” and how the entrepreneurial ecosystem has evolved 18:43 – Origin of the Lean Startup method and why it changed everything 22:33 – Why customer discovery is key to startup success 29:34 – How to choose what kind of startup to build 32:45 – Failure is the greatest teacher a founder can have 35:29 – Hubris and other company killers 37:42 – Why showing up more than most people counts for a lot 39:17 – Entrepreneurship is not a job. It’s a calling 44:38 – How AI is changing everything about how startups are built 46:56 – Making a dent in the universe with Lean LaunchPad, I-Corps, Hacking for Defense 50:21 – The three pillars of Lean and how they work together to drive entrepreneurial success 52:58 – Why smart founders don’t outsource customer discovery Episode Partner: Salesforce No matter your team size or industry, Salesforce Starter Suite is your scalable CRM solution for growth. https://www.salesforce.com/form/signup/freetrial-salesforce-starter/?d=701ed000007ZTPhAAO Follow Divot: YouTube: https://www.youtube.com/@Divotpod X (Twitter): https://twitter.com/divotdotorg Instagram: https://www.instagram.com/divotdotorg TikTok: https://www.tiktok.com/@divot.org LinkedIn: https://www.linkedin.com/company/divotdotorg/ #SteveBlank #LeanStartup #E.piphany #StartupAdvice #CustomerDiscovery #Entrepreneurship #DivotPodcast #StartupFailure

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A Conversation with Steve Blank

In this August 26, 2013, the co-author of The Startup Owner's Manual talks about the inflection point for young entrepreneurs when Lean Start-up methodologies take hold and their ventures gain traction. Presented by the Eugene Lang Entrepreneurship Center at Columbia Business School and Columbia Entrepreneurship. Learn more at http://www8.gsb.columbia.edu/entrepreneurship

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BUILDUP.vc Fireside chat with Steve Blank at Google HQ

BUILDUP.vc Fireside chat with Steve Blank at Google HQ in Mountain View, CA September 16th. More info about the event here: http://buildup.vc/chatwithsteveblankatgoogle/ Steve Blank is a retired eight-time serial entrepreneur-turned-educator and author of the bestselling The Startup Owner’s Manual. He is credited with launching the Lean Startup movement through his May 2013 Harvard Business Review article. Wayne Sutton, general partner at BUILDUP.vc interviewed Steve Blank on innovation, lean startup, tech culture, fund raising, accelerators and entrepreneurship. http://buildup.vc/chatwithsteveblankatgoogle/

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Business Survival in Crisis & Lean Startup Model. Steve Blank interview, Part 1

#innmind #SteveBlank #LeanStartup Meet legendary Steve Blank, creator of Lean Startup methodology, on his Part 1 of his interview on InnMind. Here is what Forbes writes about Steve: "Entrepreneur-turned-educator Steve Blank is the Father of Modern Entrepreneurship. Credited with launching the Lean Startup movement, he’s changed how startups are built; how entrepreneurship is taught; how science is commercialized, and how companies and the government innovate..." In the first part of the interview, we discussed business recovery strategies during and after the pandemic, and how the lean model helps governments to innovate and create entrepreneurship clusters (with examples from the USA, Finland and other startup-friendly regions). Steve also told many interesting facts about the history of Silicon Valley and how the venture capital market transformed during years. Answering the question of what will happen with the market after the covid19 lockdown, Steve thinks it will bring us during this year to the deepest downturn we haven't seen for at least the last 20 years. Can Lean Startup approach help startup founders and entrepreneurs to overcome the crisis with fewer risks? How to make proper customer development and communicate with your clients (b2b and b2c) during the pandemic times? How can you upgrade or pivot your business model to strengthen your business or even pivot your own lifestyle? And how to prepare your business recovery strategy and plan? =========== Read Steve Blank blog at www.steveblank.com Validate your ideas and pitch your startup to venture and angel investors on https://innmind.com/ And don't forget to subscribe to our youtube channel to keep updated with new interviews with startup gurus and investors! 🤗 http://youtube.com/channel/UCKHiA-dJxESze4gFBxk3ygQ/?sub_confirmation=1 InnMind in Linkedin: https://www.linkedin.com/company/innmind InnMind in Facebook: https://www.facebook.com/innmind.comm... InnMind in Twitter: https://twitter.com/InnMindcom Startup Valuation Calculator, a simple and efficient tool to estimate the value of your startup business just in a few minutes. Our calculator has been developed in consultation with venture capital analysts and serial investors to help startup founders understand what their business is worth today! Valuation Calculator by InnMind: https://bit.ly/2IhcJyH

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Customer Development de Steve Blank I (en castellano)

Como crear una startup con la metodologías de Customer Development (versión agrupada) y en español. Este material es propiedad de Udacity y UniMOOC. Los vídeos originales y sus actividades y acreditaciones correspondientes se encuentran alojados en la plataforma unimooc.com.

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CUTalks with Steve Blank, Creator of Lean Customer Methodology

Overview What differentiates startups and big companies? How can firms better listen and understand the voice of the customer? Join CUTEC for a live fireside chat with Steve Blank, the creator of lean launchpad. Steve is an 8-time Silicon Valley entrepreneur and creator of the customer development and lean startup method. He teaches entrepreneurship at Stanford, Berkeley and Columbia. Steve is also the author of four books: The Four Steps to the Epiphany, Not All Those Who Wander Are Lost, The Startup Owner's Manual, and Holding a Cat by the Tail.

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Entrepreneurship Clusters, Corporate Innovations and Startup Ecosystems: Steve Blank on InnMind

#innmind #SteveBlank #LeanStartup Meet legendary Steve Blank, creator of Lean Startup methodology, in the second part of his interview on InnMind. We discussed the difference between startup ecosystems in the USA and Europe, and what is needed to create the local startup ecosystem, which will attract global talents and where technological entrepreneurship will flourish like it is in Silicon Valley. We also spoke about startup accelerators, corporate accelerators and the value they create for technological companies, the development of the entrepreneurship clusters in different countries, corporate innovations and the diversity of the startup ecosystem in Silicon Valley. =========== Watch the first part of the interview with Steve: https://youtu.be/y7Vk2PWyAU4 Steve Blank's blog: www.steveblank.com Validate your ideas and pitch your startup to venture and angel investors on https://innmind.com/ And don't forget to subscribe to our youtube channel to keep updated with new interviews with startup gurus and investors! 🤗 http://youtube.com/channel/UCKHiA-dJxESze4gFBxk3ygQ/?sub_confirmation=1 InnMind in Linkedin: https://www.linkedin.com/company/innmind InnMind in Facebook: https://www.facebook.com/innmind.comm... InnMind in Twitter: https://twitter.com/InnMindcom Startup Valuation Calculator, a simple and efficient tool to estimate the value of your startup business just in a few minutes. Our calculator has been developed in consultation with venture capital analysts and serial investors to help startup founders understand what their business is worth today! Valuation Calculator by InnMind: https://bit.ly/2IhcJyH

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Ep. 829: Steve Blank Interview with Michael Covel on Trend Following Radio

Originally broadcast Jan. 3, 2020 --- My guest today is Steve Blank, a Silicon Valley entrepreneur based in Pescadero, California. Blank is recognized for developing the customer development method that launched the lean startup movement, a methodology which recognized that startups are not smaller versions of large companies, but require their own set of processes and tools to be successful. His Lean Launchpad class (taught as the National Science Foundation Innovation Corps) has become the standard for commercialization for all federal research. Blank writes and teaches about customer development and the lean startup method. He is an adjunct professor of entrepreneurship at Stanford; lectures at the UC Berkeley Haas School of Business, and is a senior fellow at Columbia University. He has written four books: The Four Steps to the Epiphany, Not All Those Who Wander Are Lost, The Startup Owner’s Manual and Holding a Cat by the Tail. The topic is entrepreneurship. In this episode of Trend Following Radio we discuss: ▪️ All Things VC and the Lean Startup Method. Jump in! --- I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

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Ep. 856: Steve Blank Interview with Michael Covel on Trend Following Radio

Originally broadcast Apr. 6, 2020 --- My guest today is Steve Blank, eight-time entrepreneur-turned-educator. He is credited with launching the Lean Startup movement. He’s changed how startups are built, how entrepreneurship is taught, how science is commercialized, and how companies and the government innovate. Recognized as a thought leader on startups and innovation, Steve was named one of the Thinkers50 top management thinkers and recognized by the Harvard Business Review as one of 12 Masters of Innovation. The topic is his writing Virus Survival Strategy for your Startup. In this episode of Trend Following Radio we discuss: ▪️ Virus Survival Strategy for your Startup ▪️ COVID-19 affecting the Economics ▪️ 1st Engineered Economic Downturn ▪️ Social Distancing ▪️ Great Depression ▪️ The ripple and feedback effect Jump in! --- I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show. To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/ You can watch a free video here: https://www.trendfollowing.com/video/ Can’t get enough of this episode? You can choose from my thousand plus episodes here: https://www.trendfollowing.com/podcast My social media platforms: Twitter: @covel Facebook: @trendfollowing LinkedIn: @covel Instagram: @mikecovel Hope you enjoy my never-ending podcast conversation!

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George Zachary and Steve Blank at Startup Grind 2013

http://startupgrind.com/event/startup-grind-silicon-valley-hosts-george-zachary-and-steve-blank-charles-river-venture-startup-owners-manual/ Watch as two Silicon Valley legends interview each other at Startup Grind 2013. Steve Blank (author of The Startup Owners Manual) and George Zachary (partner at Charles River Venture Fund) talk about the history of Silicon Valley, gritty truths of running a successful startup, and the future of Silicon Valley.

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Lean LaunchPad Coauthor Steve Blank Interviewed

Steve Blank talks to Lang Center Director Professor Murray Low about his entrepreneurial and life experiences.

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Mastering modern entrepreneurship | Steve Blank (Author of The Four Steps to the Epiphany)

Steve Blank, an Adjunct Professor at Stanford University, is widely regarded as the father of modern entrepreneurship. Prior to academia, Steve’s career spanned eight different startups. Credited with launching the Lean Startup movement with his May 2013 Harvard Business Review cover story, Steve has changed how startups are built, and how entrepreneurship is taught. Steve is also the renowned author of The Four Steps to the Epiphany and The Startup Owner’s Manual. — In today’s episode, we discuss: • Why there aren’t more successful startups • How to improve entrepreneurship in the USA • Misunderstood aspects of the Lean Startup methodology • Common traits shared by outlier founders • Why successful entrepreneurs are irrational (and need to be) • How founders can transition to CEOs • Why some second-time founders fail • Building in existing versus new markets • The Four Steps to the Epiphany in 2023 — Referenced: • Alexander Osterwalder: https://www.linkedin.com/in/osterwalder • Allen Michels: https://en.wikipedia.org/wiki/Allen_Michels • Ben Wegbreit, Co-founder of E.piphany: https://www.linkedin.com/in/ben-wegbreit-22192/ • Convergent Technologies: https://en.wikipedia.org/wiki/Convergent_Technologies • Eric Ries: https://www.linkedin.com/in/eries/ • Gordon Bell: https://www.linkedin.com/in/gordon-bell-3035b43/ • JB Straubel: https://www.linkedin.com/in/jb-straubel-b694981/ • Kathy Eisenhardt: https://www.linkedin.com/in/kathleen-eisenhardt-5642247/ • Roger Siboni, former CEO of E.piphany: https://theorg.com/org/coupa-software/org-chart/roger-siboni • Satya Nadella: https://www.linkedin.com/in/satyanadella/ • Steve Ballmer: https://www.linkedin.com/in/steve-ballmer-7087a8157/ • The lean launchpad at Stanford: https://steveblank.com/2011/05/10/the-lean-launchpad-at-stanford-–-the-final-presentations/ • The semiconductor industry - explained: https://steveblank.com/2022/01/25/the-semiconductor-ecosystem/ • The three pillars of world class corporate innovation: https://steveblank.com/2022/11/11/the-three-pillars-of-world-class-corporate-innovation/ • Tina Seelig: https://www.linkedin.com/in/tinaseelig/ • Tom Mueller, Ex-SpaceX Propulsion CTO: https://www.linkedin.com/in/thomas-mueller-2094513b/ • Why corporate entrepreneurs are extraordinary: https://steveblank.com/2015/08/25/why-corporate-entrepreneurs-are-extraordinary-the-rebel-alliance/ • Why entrepreneurs start companies rather than join them: https://steveblank.com/2018/04/11/why-entrepreneurs-start-companies-rather-than-join-them/ — Where to find Steve: • LinkedIn: https://www.linkedin.com/in/steveblank/ • Twitter/X: https://twitter.com/sgblank • Website: https://steveblank.com/ — Where to find Brett: • LinkedIn: https://www.linkedin.com/in/brett-berson-9986094/ • Twitter/X: https://twitter.com/brettberson — Where to find First Round Capital: • Website: https://firstround.com/ • First Round Review: https://review.firstround.com/ • Twitter: https://twitter.com/firstround • Youtube: https://www.youtube.com/@FirstRoundCapital • This podcast on all platforms: https://review.firstround.com/podcast — Timestamps: [00:00:00] Introduction [00:02:20] Why there aren’t more successful startups [00:06:07] Outlier founders have similar childhoods [00:10:34] How to be a successful founder CEO [00:12:00] Why entrepreneurship should be taught in schools [00:16:39] The importance of curiosity [00:19:57] The role of instincts in entrepreneurship [00:22:31] Having profound beliefs in a vision [00:24:17] Building in existing versus new markets [00:29:09] What second-time founders can get wrong [00:33:49] Why founders need to be irrational [00:39:28] Common traits shared by outlier founders [00:45:05] Evaluating what makes a startup successful [00:49:44] Steve’s assessment of Satya Nadella at Microsoft [00:52:26] What it takes to build an incredible company [01:00:45] The Four Steps to the Epiphany in 2023 [01:04:36] The origins of The Four Steps to the Epiphany

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MBS468 - Scalenomics: How to scale a startup with Steve Blank and David Schonthal

Steve Blank (Author of Four Steps to the Epiphany and the Startup Owner’s Manual) and David Schonthal (Venture Capitalist and author of the Human Element) talking about the art and science of scaling a startup. Get interviewed on the Matt Brown Show: www.MattBrownShow.com

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StartupStory.Ru: Interview with Steve Blank

Russian subtitles available

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Startup Wisdom - Steve Blank, Consulting Associate Professor of Stanford University

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Steve Blank, 10,000 Startups, The Lean Startup Conference 2012 - 12/3/12

10,000 Startups by Steve Blank

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Steve Blank at Startupbootcamp Demo Day (2012)

To learn more about Startupbootcamp’s global network of startup accelerators and stay up to date with technology news and trends, visit our website or follow us on social media: Website: http://www.startupbootcamp.org/ Twitter: https://twitter.com/sbootcamp Facebook: https://www.facebook.com/startupbootcamp YouTube: http://www.youtube.com/c/StartupbootcampGlobal Instagram: https://instagram.com/startupbootcamp/

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Steve Blank: How to Build a Great Company, Step by Step | 8.14.12

Steve Blank: How to Build a Great Company, Step by Step Join Silicon Valley serial entrepreneur-turned-educator Blank in a lively discussion with Dan'l Lewin of Microsoft. This program will introduce best practices, lessons and tips that have swept the startup world, offering a wealth of proven advice and information for entrepreneurs of all stripes. Hear about a tested and proven Customer Development Process, helping get it right --and how to "get, keep, and grow" customers. Steve Blank, Serial Entrepreneur; Founder, E.piphany; Professor, UC Berkeley and Stanford Engineering; Author, The Startup Owners Manual In conversation with Dan'l Lewin, Corporate Vice President of Strategic and Emerging Business Development (SEBT), Microsoft 💯SUBSCRIBE for more VIDEOS: https://www.youtube.com/user/commonwealthclub 📆 UPCOMING EVENTS: https://www.commonwealthclub.org/events 🎉 BECOME a MEMBER: https://www.commonwealthclub.org/membership 💰 DONATE NOW: https://support.commonwealthclub.org/sslpage.aspx?pid=298 📺➕📻 Watch & Listen https://www.commonwealthclub.org/watch-listen The Commonwealth Club of California is the nation's oldest and largest public affairs forum 📣, bringing together its 20,000 members for more than 400 annual events on topics ranging across politics, culture, society and the economy.  Founded in 1903 in San Francisco California 🌉, The Commonwealth Club has played host to a diverse and distinctive array of speakers, from Teddy Roosevelt in 1911 to Hillary Clinton in 2010. Along the way, Martin Luther King, Ronald Reagan and Bill Clinton have all given landmark speeches at the Club.

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Steve Blank on Customer Development: The Second Decade

Originally Aired October 6 2011 at UCLA Anderson School of Management Steve Blank's Customer Development process, detailed in the indispensable and best-selling Four Steps to the Epiphany , was the foundation for the Lean Startup revolution. At Customer Development: The Second Decade, Steve will provide an exclusive peek "under the covers" at some of the many new rules and advancements that he and the ecosystem of thousands of entrepreneur, marketer and investor practitioners have developed over the past several years. If you're interested in what the next decade of Lean Startups and Customer Development will look like you can hear it at this talk. Attention Steve Blank Newbies If you are unfamiliar with Steve and his ideas, we have some homework for you. We urge you to take a few minutes to review this information to get the most out of the talk. About Steve: http://en.wikipedia.org/wiki/Steve_Blank Some context for his ideas: http://www.slideshare.net/sblank/why-accountants-dont-run-startups-sllc

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Steve Blank on Disruption and Lean Startups | Nordic Business Report

---- Brought to you by: http://nbreport.com

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Steve Blank (Startup Owners Manual) and John Rampton (Forbes) at Startup Grind Global 2016

Steve Blank has had a 33-year career as a successful businessman, conservationist and teacher. As a Silicon Valley entrepreneur, Steve was part of/or founded eight venture-backed companies. Four of his eight startup companies went public. After he retired, he started new careers in conservation, public service, and teaching. After retiring, Steve moved from being an entrepreneur to teaching entrepreneurship to both undergraduate and graduate students at U.C. Berkeley, Stanford University and the Columbia University/Berkeley Joint Executive MBA program. Steve wrote a book (actually his class text) about building early stage companies: Four Steps to the Epiphany. He followed it in 2012 with his next book; The Startup Owner’s Manual. John Rampton, best known as an Entrepreneur and Connector. John was recently named #3 on Top 50 Online Influencers in the World by Entrepreneur Magazine as well as a blogging expert by Forbes. Awarded Top 10 Most Influential PPC Experts in the World for the past 3 years. He currently advises several companies in the bay area.

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Steve Blank: The Democratization of Entrepreneurship

Part of the annual GSB Entrepreneurship Conference. As traditional barriers to scale erode, product life cycles compress, and the costs of starting a business fall, the opportunities for entrepreneurship have expanded. Steve Blank, the author of "Four Steps to the Ephiphany" and leading advocate for the "Customer Development" model of entrepreneurship, focuses on the new opportunities and challenges in a world in which entrepreneurship has become democratized. Related LInks: www.econference.org www.gsb.stanford.edu/ces www.gsb.stanford.edu/ces/about/2011EntrepreneurshipConferenceDetailofSessions.html http://www.gsb.stanford.edu/ces/videos/

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Steve Blank - TiEcon 2015

Keynote May 16, 10:15 am Steve Blank (Creator, Lean Startup Movement)

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Steve Blank Unfiltered: Lean Startup's Evolution, AI Revolution, and Silicon Valley's Hidden Truths

In this explosive interview, Steve Blank, the father of the Lean Startup movement, takes us on a journey through the past, present, and future of entrepreneurship. From adapting Lean Startup for truly disruptive products to the AI revolution in startup creation, Blank leaves no stone unturned. Discover: • How to apply Lean Startup principles to groundbreaking innovations • The potential and pitfalls of AI in entrepreneurship • The truth about VC culture and its impact on founders • Silicon Valley's dirty secrets and ethical dilemmas • The evolving role of startup accelerators in the information age Whether you're a first-time founder, a seasoned entrepreneur, or an investor, this interview offers invaluable insights that could reshape your approach to innovation and business building. 🔔 Subscribe for more game-changing conversations with industry titans! ## Timestamps 00:00 Introduction 00:15 Lean Startup for existing vs. disruptive markets 02:40 Customer discovery for unprecedented products 05:30 Sales cycles for disruptive innovations 07:15 AI's impact on Lean Startup methodology 10:30 The future of AI-generated products 13:45 VC industry insights: "A giant Ponzi scheme"? 16:20 Misalignment between founder and investor interests 19:00 Silicon Valley's dark side: The untold story 22:30 Social media companies: The new "Big Tobacco"? 25:15 The value of startup accelerators in the digital age 28:00 Entrepreneurship as an art form 30:45 Closing thoughts and advice for entrepreneurs #SteveBlank #LeanStartup #DisruptiveInnovation #AI #Entrepreneurship #SiliconValley #VentureCapital #StartupAccelerators #TechEthics #CustomerDiscovery

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The Lean Startup, an Interview With Steve Blank

The Lean Startup is a methodology for establishing a technology business that was developed in recent years and is continuing to gain momentum. One of the pioneers of the Lean Startup is Steve Blank. I recently interviewed Steve about what keeps him engaged in technical entrepreneurship and what kicked off the Lean Startup movement.

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To Pivot or Not to Pivot and More | Steve Blank & David Weiden

"So a pivot is that substantive change. But the real genius of a founder is not letting it happen to you, but being able to actually discover it before you run out of money." - Steve Blank, The Father of Modern Entrepreneurship, sits down with KV Partner, David Weiden, to discuss pivoting and more.

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Web 2.0 Expo SF 2010: Steve Blank, "Days of Future Past"

Steve Blank (Stanford/Berkeley/Columbia), "Days of Future Past"