<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:georss="http://www.georss.org/georss" xmlns:geo="http://www.w3.org/2003/01/geo/wgs84_pos#" xmlns:media="http://search.yahoo.com/mrss/"
		>
<channel>
	<title>Comments on: Faith-Based versus Fact-Based Decision Making</title>
	<atom:link href="http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/feed/" rel="self" type="application/rss+xml" />
	<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/</link>
	<description>Entrepreneurship and Conservation</description>
	<lastBuildDate>Mon, 13 Feb 2012 02:39:11 +0000</lastBuildDate>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.com/</generator>
	<item>
		<title>By: steveblank</title>
		<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/#comment-1647</link>
		<dc:creator><![CDATA[steveblank]]></dc:creator>
		<pubDate>Thu, 08 Oct 2009 17:46:29 +0000</pubDate>
		<guid isPermaLink="false">http://steveblank.com/?p=2301#comment-1647</guid>
		<description><![CDATA[Avinash,
One of the subtle issues about startup success is the notion of &quot;market type.&quot;  Is there an existing market or not?  You do different things as an entrepreneur when you are creating a new market..

 &lt;em&gt;You process your customer data differently depending on market type.

&lt;/em&gt;  I talk about this in my &lt;a href=&quot;http://www.amazon.com/Four-Steps-Epiphany-Steven-Blank/dp/0976470705&quot; rel=&quot;nofollow&quot;&gt;book&lt;/a&gt; and there is always a discussion at the Lean Startup Group at http://groups.google.com/group/lean-startup-circle.

steve]]></description>
		<content:encoded><![CDATA[<p>Avinash,<br />
One of the subtle issues about startup success is the notion of &#8220;market type.&#8221;  Is there an existing market or not?  You do different things as an entrepreneur when you are creating a new market..</p>
<p> <em>You process your customer data differently depending on market type.</p>
<p></em>  I talk about this in my <a href="http://www.amazon.com/Four-Steps-Epiphany-Steven-Blank/dp/0976470705" rel="nofollow">book</a> and there is always a discussion at the Lean Startup Group at <a href="http://groups.google.com/group/lean-startup-circle" rel="nofollow">http://groups.google.com/group/lean-startup-circle</a>.</p>
<p>steve</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Avinash</title>
		<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/#comment-1646</link>
		<dc:creator><![CDATA[Avinash]]></dc:creator>
		<pubDate>Thu, 08 Oct 2009 12:09:01 +0000</pubDate>
		<guid isPermaLink="false">http://steveblank.com/?p=2301#comment-1646</guid>
		<description><![CDATA[What does one do when some key facts related to your business are not established in history?

Common answers are: (a) talk to the customer to establish the facts, and/or (b) particularly in the Consumer Digital space, ship the first version of the product to see customer response.

But.. (a) does the customer always know she needs something. Did we know that we needed twitter.. or google?, and (b) if the first version fails to receive good response, is that fact enough that the product need not exist? Are there times when the first version was rejected through-and-through, but later versions succeeded, either because the later versions were built much better or because the customer grew or both?

In this light, can we always trust facts, particularly for new-market  products?

Please respond with insights from your entrepreneurial experiences. The last thing I want is for new entrepreneurs to read my comment and get dismayed about the importance of facts.]]></description>
		<content:encoded><![CDATA[<p>What does one do when some key facts related to your business are not established in history?</p>
<p>Common answers are: (a) talk to the customer to establish the facts, and/or (b) particularly in the Consumer Digital space, ship the first version of the product to see customer response.</p>
<p>But.. (a) does the customer always know she needs something. Did we know that we needed twitter.. or google?, and (b) if the first version fails to receive good response, is that fact enough that the product need not exist? Are there times when the first version was rejected through-and-through, but later versions succeeded, either because the later versions were built much better or because the customer grew or both?</p>
<p>In this light, can we always trust facts, particularly for new-market  products?</p>
<p>Please respond with insights from your entrepreneurial experiences. The last thing I want is for new entrepreneurs to read my comment and get dismayed about the importance of facts.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Your &#8216;Big Idea&#8217; Sucks &#8212; TechDrawl</title>
		<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/#comment-1263</link>
		<dc:creator><![CDATA[Your &#8216;Big Idea&#8217; Sucks &#8212; TechDrawl]]></dc:creator>
		<pubDate>Sun, 02 Aug 2009 05:07:11 +0000</pubDate>
		<guid isPermaLink="false">http://steveblank.com/?p=2301#comment-1263</guid>
		<description><![CDATA[[...] a lesson here and it is that you can only afford to act on faith in a startup for so long.  From the beginning of the idea stage, you need to spend as much time [...]]]></description>
		<content:encoded><![CDATA[<p>[...] a lesson here and it is that you can only afford to act on faith in a startup for so long.  From the beginning of the idea stage, you need to spend as much time [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: An Interview with Mark Fletcher, Founder of Bloglines and ONEList &#8212; TechDrawl</title>
		<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/#comment-833</link>
		<dc:creator><![CDATA[An Interview with Mark Fletcher, Founder of Bloglines and ONEList &#8212; TechDrawl]]></dc:creator>
		<pubDate>Fri, 10 Jul 2009 22:56:05 +0000</pubDate>
		<guid isPermaLink="false">http://steveblank.com/?p=2301#comment-833</guid>
		<description><![CDATA[[...]  You simply cannot afford to waste your valuable time, energy, passion and money building on faith for years at a time.  Employ customer development.  Iterate your product until you get bankable [...]]]></description>
		<content:encoded><![CDATA[<p>[...]  You simply cannot afford to waste your valuable time, energy, passion and money building on faith for years at a time.  Employ customer development.  Iterate your product until you get bankable [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Process for the Enterprise &#187; Blog Archive &#187; Faith-based versus Fact-based</title>
		<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/#comment-678</link>
		<dc:creator><![CDATA[Process for the Enterprise &#187; Blog Archive &#187; Faith-based versus Fact-based]]></dc:creator>
		<pubDate>Sun, 21 Jun 2009 22:55:29 +0000</pubDate>
		<guid isPermaLink="false">http://steveblank.com/?p=2301#comment-678</guid>
		<description><![CDATA[[...] just read Steve Blank&#8217;s blog on Faith-Based versus Fact-Based Decision Making, and it resonated really well with my experiences at prior startups.  As he points out, starting [...]]]></description>
		<content:encoded><![CDATA[<p>[...] just read Steve Blank&#8217;s blog on Faith-Based versus Fact-Based Decision Making, and it resonated really well with my experiences at prior startups.  As he points out, starting [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Dmitriy</title>
		<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/#comment-551</link>
		<dc:creator><![CDATA[Dmitriy]]></dc:creator>
		<pubDate>Sun, 07 Jun 2009 08:33:48 +0000</pubDate>
		<guid isPermaLink="false">http://steveblank.com/?p=2301#comment-551</guid>
		<description><![CDATA[I think the best businesses start with facts from the get go. Put faith in facts!]]></description>
		<content:encoded><![CDATA[<p>I think the best businesses start with facts from the get go. Put faith in facts!</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Flow &#187; Blog Archive &#187; Daily Digest for June 7th - The zeitgeist daily</title>
		<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/#comment-550</link>
		<dc:creator><![CDATA[Flow &#187; Blog Archive &#187; Daily Digest for June 7th - The zeitgeist daily]]></dc:creator>
		<pubDate>Sun, 07 Jun 2009 08:20:59 +0000</pubDate>
		<guid isPermaLink="false">http://steveblank.com/?p=2301#comment-550</guid>
		<description><![CDATA[[...] Steve Blank: Faith-Based versus Fact-Based Decision Making &#8212; 1:57pm via Google [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Steve Blank: Faith-Based versus Fact-Based Decision Making &mdash; 1:57pm via Google [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: faith and reason and startups &#171; ginsudo</title>
		<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/#comment-549</link>
		<dc:creator><![CDATA[faith and reason and startups &#171; ginsudo]]></dc:creator>
		<pubDate>Sun, 07 Jun 2009 06:23:11 +0000</pubDate>
		<guid isPermaLink="false">http://steveblank.com/?p=2301#comment-549</guid>
		<description><![CDATA[[...] the next day, Steve Blank posted on the startup transition from faith to facts. It might seem hard to argue with his view that startups begin on faith and must quickly move to [...]]]></description>
		<content:encoded><![CDATA[<p>[...] the next day, Steve Blank posted on the startup transition from faith to facts. It might seem hard to argue with his view that startups begin on faith and must quickly move to [...]</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Donna White</title>
		<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/#comment-543</link>
		<dc:creator><![CDATA[Donna White]]></dc:creator>
		<pubDate>Sat, 06 Jun 2009 08:40:18 +0000</pubDate>
		<guid isPermaLink="false">http://steveblank.com/?p=2301#comment-543</guid>
		<description><![CDATA[I found this post through a comment on Fred Wilson&#039;s blog.  I don&#039;t think it&#039;s fair to &quot;compare&quot; the two related posts --  they definitely compliment each other.  This is incisive and powerful and I hope many entrepreneurs or would-be entrepreneurs &quot;get&quot; this eloquently stated point.  It&#039;s powerful.  Thanks.]]></description>
		<content:encoded><![CDATA[<p>I found this post through a comment on Fred Wilson&#8217;s blog.  I don&#8217;t think it&#8217;s fair to &#8220;compare&#8221; the two related posts &#8212;  they definitely compliment each other.  This is incisive and powerful and I hope many entrepreneurs or would-be entrepreneurs &#8220;get&#8221; this eloquently stated point.  It&#8217;s powerful.  Thanks.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jamie Stephens</title>
		<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/#comment-540</link>
		<dc:creator><![CDATA[Jamie Stephens]]></dc:creator>
		<pubDate>Fri, 05 Jun 2009 20:17:17 +0000</pubDate>
		<guid isPermaLink="false">http://steveblank.com/?p=2301#comment-540</guid>
		<description><![CDATA[Great article.  Good point that &quot;It’s a lot more comfortable to hang on to your own beliefs than to get (or face) the facts.&quot;  It&#039;s especially hard to change your mind/course when you have to abandon the idea that got you excited about the startup in the first place.  The person who can quickly re-channel that excitement to a different idea (one based on fact, not faith) will have much more success.]]></description>
		<content:encoded><![CDATA[<p>Great article.  Good point that &#8220;It’s a lot more comfortable to hang on to your own beliefs than to get (or face) the facts.&#8221;  It&#8217;s especially hard to change your mind/course when you have to abandon the idea that got you excited about the startup in the first place.  The person who can quickly re-channel that excitement to a different idea (one based on fact, not faith) will have much more success.</p>
]]></content:encoded>
	</item>
	<item>
		<title>By: Jerry Ji</title>
		<link>http://steveblank.com/2009/06/05/faith-based-versus-fact-based-decision-making/#comment-536</link>
		<dc:creator><![CDATA[Jerry Ji]]></dc:creator>
		<pubDate>Fri, 05 Jun 2009 15:44:02 +0000</pubDate>
		<guid isPermaLink="false">http://steveblank.com/?p=2301#comment-536</guid>
		<description><![CDATA[An(other) excellent post that resonates with Fred&#039;s recent &quot;The Leap Of Faith&quot; ( http://www.avc.com/a_vc/2009/06/the-leap-of-faith.html ), but more systematic and scientific, hence a much more useful and valuable piece of advice.]]></description>
		<content:encoded><![CDATA[<p>An(other) excellent post that resonates with Fred&#8217;s recent &#8220;The Leap Of Faith&#8221; ( <a href="http://www.avc.com/a_vc/2009/06/the-leap-of-faith.html" rel="nofollow">http://www.avc.com/a_vc/2009/06/the-leap-of-faith.html</a> ), but more systematic and scientific, hence a much more useful and valuable piece of advice.</p>
]]></content:encoded>
	</item>
</channel>
</rss>

