article thumbnail

Is the Lean Startup Dead?

Steve Blank

And if their initial guesses were wrong, they needed a process that would permit them to change early on in the product development process when the cost of changes was small – the famed “pivot”. They needed to be sure that what they were building was what customers wanted and needed.

Lean 335
article thumbnail

The Long-Term Value of Loyalty

Both Sides of the Table

Most of what I learned about operating startups I learned from the really tough years at my first company from 2001-2003. My company had raised venture capital in April 2001 but we were told that there may never be any more coming. I learned how to better run a product management process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Small Teams Win: Eight Reasons To Stick To The “Two-Pizza” Rule

YoungUpstarts

Not too long ago, German software giant SAP blew up the management framework for its 20,000-person development department and replaced it with “mini-teams” of roughly 10 people. As a result, product development time was cut nearly in half in a three-year period.

Agile 196
article thumbnail

Is Employee Cynicism Killing Your Culture? Ten Strategic Ways To Re-Configure It Around Trust.

YoungUpstarts

And that’s fine — embrace innovation to your heart’s content in areas like product development and marketing campaigns. He has been a regular panelist on television’s Forbes on FOX since the show’s inception in 2001. Most of us want to be known as creative, outside-the-box thinkers. Unpredictability destroys trust.

Employee 189
article thumbnail

Is Employee Cynicism Killing Your Culture?  Ten Strategic Ways to Re-Configure It Around Trust

YoungUpstarts

And that’s fine — embrace innovation to your heart’s content in areas like product development and marketing campaigns. He has been a regular panelist on television’s Forbes on FOX since the show’s inception in 2001. Most of us want to be known as creative, outside-the-box thinkers. Unpredictability destroys trust.

Employee 160
article thumbnail

How Customer Development Failed Us

Steve Blank

More importantly, we’d witnessed Customer Development’s massive success at another local startup. We bought Steve’s book , started product development and began reaching out to customers ins search of our first earlyvangelists. Here’s what we plan to say: Write it Down.

article thumbnail

Magento Keeps Going from Strength to Strength

VC Cafe

According to TechCrunch , it may very well be Paypal, who has been collaborating with Magento on product development since 2008. Furthermore, Magento was successful in creating an eco-system of developers who specialize in customizing the platform, for a fee. According to this SEC filing , Varien has raised $22.5