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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. From a customer standpoint, there are nuances that go into buying a product, and then using the product. Series A to C: Automation.

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Vision versus Hallucination – Founders and Pivots

Steve Blank

He turned his PhD thesis into a killer product, got it funded and now was CEO of a company of 30. We’re building the wrong product!” Other weeks Yuri would be buffeted by the realities of his burn rate, declining bank account and depressing comments from customers. he’d declare. “We We got to pivot now.”

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Crisis Management by Firing Executives – There’s A Better Way

Steve Blank

These false assumptions – that you know the customer problem and product features – led startups to organize their product introduction process like the diagram below – essentially identical to the product management process of a large company. The Revenue Plan – The Third Fatal Assumption.

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Reinventing the Board Meeting – Part 1 of 2

Steve Blank

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model.

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Why Board Meetings Suck – Part 1 of 2

Steve Blank

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model.

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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. 2 engineers. 10MM upfront to buy the startup and product. Hire 2 people per month ~ $100K/month/per person across 12 months is 24 people at a $2.4MM burn rate. 2 designers.

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Customer Development Manifesto: The Path of Warriors and Winners.

Steve Blank

In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development. These steps mesh seamlessly and support a startup’s ongoing product development activities.