Remove Acquisition Remove Agile Remove Burn Rate Remove Lean
article thumbnail

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. Over its lifetime a Lean Startup may spend less money than a traditional startup. Who influences a sale?

Lean 244
article thumbnail

Lessons Learned: Achieving a failure

Startup Lessons Learned

This is why agility is such a prized quality in product development. The passionate early adopters who flocked to the product at its launch could not sustain this outsized burn rate. As with many Silicon Valley failures, a flawless PR launch turned into a flawed customer acquisition strategy. We can skip the chasm.

article thumbnail

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. Look inward.