Remove Acquisition Remove Agile Remove Burn Rate Remove Hiring
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Startups: Avoid These Inner-Series Mistakes When Scaling Your Business

YoungUpstarts

Startups tend to put a premium on being “agile,” but that doesn’t always work – and certainly won’t replace the effective collaboration a business needs to grow. Series B: Hiring and Developing Managers. All startups find themselves struggle with hiring to meet growing demand, leaving most startups scrambling to onboard hires.

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Buy a machine or buy the parts (creating vs. acquiring)

Eric Friedman

In the world of web startups, you can hire individuals and try to make the team hum, or you can buy an agile group that you know can perform. Hiring Option. Hire 2 people per month ~ $100K/month/per person across 12 months is 24 people at a $2.4MM burn rate.

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Dragons, Bootstrapping and Women in Tech

Up and Running

Nelson has some tips: Know your burn rate. If not, be agile enough to change direction and re-focus,” Nelson advises. She notes that if you’re considering acquisition as an exit strategy, creating and maintaining relationships is going to be key. How do you balance it all? Partner well.

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Lean Startups aren't Cheap Startups

Steve Blank

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. What’s the customer acquisition cost? The Customer Development process (and the Lean Startup) is one way to do that.

Lean 244
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Lessons Learned: Achieving a failure

Startup Lessons Learned

Hire the absolute best and the brightest, true experts in their fields, who in turn can hire the smartest people possible to staff their departments. By hiring experts, conducting lots of focus groups, and executing to a detailed plan, the company became deluded that it knew what customers wanted. We can skip the chasm.