Steve Blank's Quotes

The business model is both the starting point and the scorecard for Customer Development progress.

Steve Blank

Failure will happen. It's a normal part of the startup process.

Steve Blank

While 'The Owner's Manual' is not a formula for guaranteed success by any means, we're confident it will help reduce the failure rate of most startups that use our Customer Development process.

Steve Blank

In corporations, the penalty for repeated failure on known tasks is being reassigned to other tasks or asked to leave the company.

Steve Blank

Watching an entrepreneur fail is sad, but watching him fail from lack of nerve is tragic.

Steve Blank

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.

Steve Blank

Innovation in an existing company is not just the sum of great technology, key acquisitions, or smart people. Corporate innovation needs a culture that matches and supports it.

Steve Blank

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.

Steve Blank

Great entrepreneurial DNA is comprised of leadership, technological vision, frugality, and the desire to succeed.

Steve Blank

Not all startups are alike. One of the key ways they differ is in the relationship between a startup's new product and its market.

Steve Blank

Learning how to keep track of inventory and cash flow and creating an income statement and a balance sheet are great skills to learn for managing existing businesses.

Steve Blank

My imagination ran 24/7, and to me, every problem was a challenge to solve and new product to create. It wasn't until I started teaching that I realized that not everyone's head worked the same way.

Steve Blank

Value Proposition Design is a 'must have' for anyone creating a new venture. It captures the core issues around understanding and finding customer problems and designing and validating potential solutions.

Steve Blank