I-Corps at the NIH: Evidence-based Translational Medicine

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Over the last three years the National Science Foundation I-Corps has taught over 700 teams of scientists how to commercialize their technology and how to fail less, increasing their odds for commercial success…read full post or download MP3.

Posted in Customer Development, Investment Readiness Level, Lean LaunchPad, Life Sciences, National Science Foundation, Science and Industrial Policy, Teaching | Leave a comment

The Big Bang. The Lean LaunchPad explodes at University of Maryland

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The University of Maryland is now integrating the Lean LaunchPad® into standard innovation and entrepreneurship courses across all 12 colleges within the University. Over 44 classes have embedded the business model canvas and/or Customer Discovery including a year-long course taken by every single one of its bioengineering majors. It’s made a big bang…read full post or download MP3.

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Impact! NYU Scales the Lean LaunchPad

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NYU has adopted the Lean LaunchPad® class as a standard entrepreneurship course across twelve different schools/colleges within the University. Over 1,000 students a year are learning lean startup concepts. Impact! Read full post or download MP3.

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Why Corporate Skunk Works Need to Die

In the 20th century corporate skunk works were used to develop disruptive innovation separate from the rest of the company. They were the hallmark of innovative corporations. By the middle of the 21st century the only companies with skunk works will be the ones that have failed to master continuous innovation. Skunk works will be the signposts of companies that will be left behind…read full post or download MP3.

Posted in Big Companies versus Startups: Durant versus Sloan, Customer Development | Leave a comment

Born Global or Die Local – Building a Regional Startup Playbook

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Entrepreneurship is everywhere, but everywhere isn’t a level playing field. What’s the playbook for your region or country to make it so? Scalable startups are on a trajectory for a billion dollar market cap. They grow into companies that define an industry and create jobs.  Not all start ups want to go in that direction – some will opt instead to become a small business. There’s nothing wrong with a business that supports you and perhaps an extended family. But if you want to build a scalable startup you need to be asking how you can you get enough customers/users/payers to build a business that can grow revenues past several $100M/year…read full post or download MP3.

 

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The Business Model Canvas Gets Even Better – Value Proposition Design

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Product/Market fit now has its own book. Alexander Osterwalder wrote it. Buy it…read full post or download MP3.

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Watching My Students Grow

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One of the great things about teaching is that while some students pass by like mist in the night others remain connected forever. I get to watch them grow into their careers and cheer them on.Its been three and a half years since I first designed and taught the Lean LaunchPad class and lots of water has gone under the bridge since then. I’ve taught hundreds of teams, the National Science Foundation Innovation Corps has taught close to 400 teams led by our nations top scientists, and the class is being taught around the world…read full post or download MP3.

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Watching Larry Ellison become Larry Ellison — The DNA of a Winner

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In Oracle’s early days Kathryn Gould was the founding VP of Marketing, working there from 1982 to 1984. When I heard that Larry Ellison was stepping down as Oracle’s CEO I asked Kathryn to think about the skills she saw in a young Larry Ellison that might make today’s founders winners…read full post or download MP3.

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The Woodstock of K-12 Education

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Describing something as the “Woodstock of…” has taken to mean a one-of-a-kind historic gathering. It happened recently when a group of educators came to the ranch to learn how to teach Lean entrepreneurship to K-12 students…read full post or download MP3.

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How To Find the Right Co-Founders?

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How do you figure out what’s the right mix of skills for the co-founders of your startup. Surprisingly if you’ve filled out the business model canvas you already know who you need. I was having breakfast with Radhika, an ex-grad student of mine who wanted to share her Customer Discovery progress for her consumer hardware startup. She started by sketching her business model canvas on a napkin, but somehow the conversation quickly shifted to what was really on her mind…read full post or download MP3.

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