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.”
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.
Validate assumptions early with real customers.
Themes
Mood
Type
When to use this quote
- product development
- market research
- pitch preparation
- fundraising
Key Concepts
Questions to Reflect On
- What assumption is most critical to test?
- How can you gather feedback cheaply?
Assumptions may be hard to test without resources.