steve blank (@sgblank) / X

steve blank

2,410 posts

steve blank

@sgblank

Customer Development & Secret History, Teaching at Stanford

Silicon Valley

Joined March 2009

Pinned
steve blank
@sgblank
Dec 22, 2018
The measure of a life is not time. It’s the impact you make serving God, your family, community, and country. Your report-card is whether the world is a better place.
steve blank
@sgblank
Jan 22, 2021
Execution pays your salary. Innovation pays your pension.
steve blank
@sgblank
Apr 2, 2018
Remove people from the room who’s first response/mindset to a new idea are all the reasons why of “it can’t work”. Engage them later for critiques.
steve blank
@sgblank
Dec 21, 2018
Innovation occurs under adversity, scarcity, necessity and fearlessness.
steve blank
@sgblank
Mar 2, 2018
Stay away from consultants who want to prove they're the smartest people in your building. Hire those who want to make _you_ the smartest people in the building.
steve blank
@sgblank
Nov 26, 2017
Leaders are visionaries with a poorly developed sense of fear and no concept of the odds against them
steve blank
@sgblank
Mar 30, 2020
VC's are walking away from term sheets, offering flat rounds if you're lucky. The vultures are circling. Bad behavior happens at every crash. Entrepreneurs will remember.
steve blank
@sgblank
Apr 17, 2017
A startup is no longer built on a single innovation. It needs to be continuously innovating –and who best to do that? The founders.
steve blank
@sgblank
Oct 24, 2016
Amateurs practice until they get it right, but professionals practice until they can’t get it wrong
steve blank
@sgblank
Feb 9, 2019
VC funding for startups isn't exploding, it's taking the place of IPOs. More than half the capital is going to "Unicorn Rounds." Brilliant analysis of the state of risk capital by @msuster bothsidesofthetable.com/a-deep-dive-in…
steve blank
@sgblank
Mar 14, 2014
A startup celebrating raising capital is like celebrating that you bought condoms before a date
steve blank
@sgblank
Apr 17, 2016
Four Startup Principles: - Money matters - Performance counts - Time is the enemy - Your investors eventually want liquidity
steve blank
@sgblank
May 23, 2020
Actual picture of companies who haven't pivoted their business model due to the pandemic
steve blank
@sgblank
Oct 21, 2020
In large companies and gov't organizations “fear of failure” inhibits speed and risk-taking, while in startups “fear of failure” drives speed and urgency