As a Canadian startup owner, this is a crucial post. From one of the leading and most important minds in startup development in North America.
Originally posted on Financial Post | Business:
Sometimes even a prophet has to leave his own country to better understand the world.
That’s certainly the case for startup guru Steve Blank. The retired serial entrepreneur and author is the co-pioneer of the “lean startup” methodology, a customer-first model that has revolutionized the way startup companies come to market.
Mr. Blank now thinks the world needs another revolution, because he no longer believes his model works for startups outside of Silicon Valley.
(The following paragraph can be skipped by readers under 25: In a nutshell, a “lean startup” takes as little time as possible to get its “minimal viable product” to market, in order to gather vital customer feedback before it exhausts its startup capital. Young entrepreneurs around the world, especially in technology, have adopted the lean startup as their base model — and angel investors and VCs pretty much insist on it.)
The trouble is, as Mr…
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