In this episode, Ian, Scott and I talk about the definition of a startup and discuss Steve Blank’s lessons learned in his “Search vs Execution” blog post.

Definitions:

“A startup company or startup is a company, a partnership or temporary organization designed to search for a repeatable and scalable business model.” – Steve Blank

“A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty.” – Eric Ries

Steve Blank’s Blog Post

The Business Design Podcast helps entrepreneurs design and build businesses that succeed on their own even if you take a 6 month vacation. Hosted by Ian Labardee, John Hwang and Scott Andersen, they share their successes and pitfalls and equip you to make daily progress in your business.