An MVP is not a Cheaper Product, It’s about Smart Learning

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A minimum viable product (MVP) is not always a smaller/cheaper version of your final product. Defining the goal for a MVP can save you tons of time, money and grief…read full post.

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Your Computer May Already be Hacked – NSA Inside?

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“In a time of universal deceit – telling the truth is a revolutionary act.” – George Orwell. In Russia, President Putin’s office just stopped using PC’s and switched to typewriters. What do they know that we don’t? Perhaps it’s Intel NSA inside…read full post.

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Don’t Give Away Your Board Seats

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I had a group of ex-students out to the ranch who were puzzling over a dilemma – they’ve been working hard on their startup, were close at finding product/market fit and had been approached by Oren, a potential angel investor. Oren had been investing since he left Google four years ago and was insisting on not only a board seat, but he wanted to be chairman of the board. The team wasn’t sure what to do…read full post.

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Strangling Innovation: Tesla versus “Rent Seekers”

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The greatest number of jobs is created when startups create a new market – one where the product or service never existed before or is radically more convenient. Yet this is where startups will run into anti-innovation opponents they may not expect. These opponents have their own name –  “rent seekers” – the landlords of the status-quo…read full post.

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The Lean LaunchPad Educators Class

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There is nothing more powerful than an idea whose time has come - Victor Hugo. The Lean LaunchPad entrepreneurship curriculum has caught fire. This week 100 educators from around the world will come to Stanford to learn how to teach it….read full post.

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Fund Raising is a Means Not an End

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For many entrepreneurs “raising money” has replaced “building a sustainable business” as their goal.  That’s a big mistake. When you take money from investors their business model becomes yours…read full post.

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Who’s Doing the Learning?

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For many entrepreneurs “raising money” has replaced “building a sustainable business” as their goal.  That’s a big mistake. When you take money from investors their business model becomes yours…read full post.

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University of Minnesota Commencement speech – May 10th 2013

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I am honored to be with you as we gather to celebrate your graduation. This school has a distinguished roster of graduates… Earl Bakken, the founder ofMedtronic, was an Electrical Engineering grad, and Bob Gore of Gortex, and your current president are both alums of your Chemical Engineering program…read full post.

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Guns and Cyber Security

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I grew up in New York City and for a few years heaven on earth for me was going toBoy Scout camp in the summer near the Delaware River. The camp had all the summer adventures a city kid could imagine, hiking, fishing, canoeing, etc. But for me the best part was the rifle range….read full post.

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Fly High

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Todd Branchflower was one of my Lean LaunchPad students entrepreneurial enough to convince the Air Force send him to Stanford to get his graduate engineering degree. After watching my Secret History of Silicon Valley talk, he became fascinated by how serendipity created both weapon systems and entrepreneurship in World War II – and brought us federal support of science and Silicon Valley…read full post.

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Posted in Air Force, Customer Development, Lean LaunchPad, Teaching | Leave a comment