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“Business plans are the tool existing companies use for execution. They are the wrong tool to search for a business model.” quote by Steve Blank
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“Business plans are the tool existing companies use for execution. They are the wrong tool to search for a business model.”

Steve Blank

About This Quote

Source Book: The Startup Owner's Manual by Steve Blank, 2012

Business plans are suited for executing known models, not discovering new ones.

In simple terms: Plans work for execution, not discovery.

Key Takeaway

Use plans for implementation, not for finding a model.

Themes

business execution strategy

Mood

pragmatic critical

Type

advice strategic

When to use this quote

  • launching a startup
  • pivoting
  • investor pitches

Key Concepts

lean startup business model discovery

Questions to Reflect On

  • How do you balance planning with exploration?
  • When should you discard a plan?
A Different Perspective

Plans can become rigid, stifling innovation.

4.8 out of 5 (3 ratings)

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