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

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

May 23, 2020

Key Takeaways


#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?

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