Business plans are the tool existing companies use for execution. They are the wrong tool to search for a business model.
Steve BlankRead
People talk about getting lucky breaks in their careers. I’m living proof that the “lucky breaks” theory is simply wrong. You get to make your own luck... The world is run by those who show up…not those who wait to be asked.
Interpretation
Success results from taking initiative and creating opportunities rather than relying on luck.
This quote emphasizes the idea that success in careers does not come from mere chance or luck, but rather from proactive effort and engagement. Steve Blank argues that those who are successful are the ones who actively pursue opportunities and take the necessary steps, instead of waiting for favorable conditions or invitations to act. It is a call to take control of one's own destiny and to venture forth boldly.
In practice
This quote can be used in a motivational speech at a startup event.
Business plans are the tool existing companies use for execution. They are the wrong tool to search for a business model.
Unless you have tested the assumptions in your business model first, outside the building, your business plan is just creative writing.
You need to ask yourself, ‘Where do you want to work: startups, mid-size or large companies?’ If you find yourself debating the ‘startup versus large company’ choice you’ve already chosen the big company. Entrepreneurship isn’t a career choice it’s a passion and obsession.
We now know that something between 85 and 90 percent of most software product features are unwanted and unneeded by customers. That is an enourmous ammount of waste of time and money that ends up on the floor.
Greatest risk is not development of new product, but development of customers and markets
Build and they will come’ is not a strategy, it’s a prayer.
Maximum growth and high ideals are not incompatible. They’re inseparable.
We all make mistakes, but the people who thrive from their mistakes are the successful ones.
People are fond of using the its not what you know, its who you know adage as an excuse for inaction, as if all successful people are born with powerful friends. Nonsense.
There is a kind of success that is indistinguishable from panic.
Young people should think in a different way - they should be job givers not job seeker.
If you wish to succeed, you must brave the risk of failure.
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