Acquisition Burn Rate Hiring Lean 
Steve Blank
NOVEMBER 2, 2009
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. What’s the customer acquisition cost?
Mucker Lab
MAY 28, 2020
These lost startups land higher valuations, have larger teams, outsource more product development and spend more money on customer acquisition than their peers. Hire the wrong people. Bad hiring decisions are often a symptom of premature scaling. Bad hiring decisions are often a symptom of premature scaling.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Both Sides of the Table
NOVEMBER 3, 2009
and the subsequent acquisition sprees of companies like Google, Yahoo!, The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. The COGS (costs of goods sold) tells me about how big your customer acquisition costs will be.
Startup Lessons Learned
JANUARY 30, 2009
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. Expo SF (May.
techcrunch.com
FEBRUARY 26, 2013
He knows how to advise entrepreneurs on hiring/firing, running teams, managing funding, when/how to control burn rate, and making other tough management decisions in the real environment of startups. I often say I have a larger collection of personal mistakes than most people in the venture business.
Startup Lessons Learned
MAY 15, 2020
It's never selfish to hire. The customer acquisition costs are going down. I said, "Hire people. Hire them to do whatever you can find them to do." You really have to lean in and say, "Okay. So anything you can do to keep them hired, you just improved their sanity. It's never selfish to hire.
Up and Running
OCTOBER 1, 2014
Nelson has some tips: Know your burn rate. She notes that if you’re considering acquisition as an exit strategy, creating and maintaining relationships is going to be key. Hire and surround yourself with people who are hungry for the opportunity and super driven,” she advises. How do you balance it all?
Expert insights. Personalized for you.
259 
Let's personalize your content