Remove 2009 Remove Aggregator Remove Customer Development Remove Viral
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Business ecology and the four customer currencies

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, December 14, 2009 Business ecology and the four customer currencies Lately, I’ve been rethinking the concept of “business model&# for startups, in favor of something I call “business ecology.&# Let’s look at a viral growth company, like Facebook. As soon as possible!&#

Customer 156
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Lessons Learned: Validated learning about customers

Startup Lessons Learned

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? Steve calls this just Customer Validation , but I like to emphasize the learning aspect, so I accept a far more awkward phrase.) But all things are never equal.

Customer 167
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Assessing fit with the Wisdom of Crowds

Startup Lessons Learned

In order to get optimal results from a group-based effort, you need three things: diversity, Independence , and an objective method for aggregating results. Aggregate results carefully. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Not all crowds are wise. cause disaster.