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Assumption Quote by Steve Blank

“Unless you have tested the assumptions in your business model first, outside the building, your business plan is just creative writing.” quote by Steve Blank
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“Unless you have tested the assumptions in your business model first, outside the building, your business plan is just creative writing.”

Steve Blank

About This Quote

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

Business ideas must be validated outside the company before they become reliable plans; otherwise they remain mere imagination.

In simple terms: Test ideas in the real world before writing a plan.

Key Takeaway

Validate assumptions early with real customers.

Themes

entrepreneurship validation risk testing

Mood

pragmatic instructive

Type

advice strategic

When to use this quote

  • product development
  • market research
  • pitch preparation
  • fundraising

Key Concepts

lean startup customer discovery business model canvas

Questions to Reflect On

  • What assumption is most critical to test?
  • How can you gather feedback cheaply?
A Different Perspective

Assumptions may be hard to test without resources.

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