Phrase by 'Steve Blank'
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Entrepreneurial education in grades K-12, if it exists at all, still focuses on teaching potential entrepreneurs small business entrepreneurship - the equivalent of 'how to run a lemonade stand.'
Author: Steve Blank - American BusinessmanEducation , Business , Small , Stand
Great entrepreneurial DNA is comprised of leadership, technological vision, frugality, and the desire to succeed.
Author: Steve Blank - American BusinessmanGreat , Leadership , Vision , Succeed
Failure will happen. It's a normal part of the startup process.
Author: Steve Blank - American BusinessmanWill , Process , Failure , Happen
Not all new ventures are at the same stage of maturity.
Author: Steve Blank - American BusinessmanNew , Stage , Same , Maturity
The Value Proposition Canvas functions like a plug-in to the Business Model Canvas and zooms into the value proposition and customer segment to describe the interactions between customers and product more explicitly and in more detail.
Author: Steve Blank - American BusinessmanValue , Business , Detail , Customer
In the past, when venture-funded startups told their investors they'd found a profitable business model, the first thing VCs would do is to start looking for an 'operating exec' - usually an MBA who would act as the designated 'adult' and take over the transition from Search to Build.
Author: Steve Blank - American BusinessmanStart , Past , Looking , Business
The art of entrepreneurship and the science of Customer Development is not just getting out of the building and listening to prospective customers. It's understanding who to listen to and why.
Author: Steve Blank - American BusinessmanScience , Art , Understanding , Building
Schools reward their students for a combination of intelligence, perseverance, and hard work - in the classroom and on the playing fields. But these metrics don't help kids understand that great grades are not a pass for a great life.
Author: Steve Blank - American BusinessmanLife , Work , Perseverance , Hard Work
Face-to-face customer feedback refines or validates every component of the startup's business model, not just the product itself.
Author: Steve Blank - American BusinessmanBusiness , Feedback , Product , Customer
On Day One, a start-up is a faith-based initiative built on guesses.
Author: Steve Blank - American BusinessmanDay , Start-Up , Day One , Initiative
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