Steve Blank on Start-Ups vs. Large Corporations

Here is a speech by Steve Blank, a professor at Stanford and Berkeley, and a thought leader in the start-up community.  Blank’s talk is from the Staford Graduate School of Business Entrepreneurship Week.  Below is a great quote; maybe I like it so much because it helps me cope with the one-size-fits-all solutions that I’m hearing over and over at business school…

“Everything you learn in the business school about large company management is destructive for an early-stage venture. Big idea.  It’s not kind of useful, or geez I’ll just change it.  What you’ll hear later and I’ll explain why, it’s desctructive. Good news is, in the entrepreneurial group at GSB, we teach the right things about early-stage ventures.  But they are not interchangeable.  And you’ll hear me say this throughout this talk: Large corporations execute existing business models, start-ups search for them.  The tools needed, techniques needed, and people needed for execution versus search is what we now know to be radically different.

Blank goes on to say: (more…)