article thumbnail

9 Effective Strategies To Upscale Your Business 

The Startup Magazine

Here are some effective strategies to upscale your business and help you stay competitive. Develop agility and adaptability Image credit Having agility in decision-making is a vital aspect of achieving business success. It is important to understand that no plan will remain unchanged, and it should not.

article thumbnail

What Makes Employees Productive in a New Startup?

ReadWriteStart

You may have a descriptive, thorough business plan to serve as the blueprint for the present and future of your organization – but there’s no guarantee it’s going to pan out the way you think. You’ll need to think about employee retention. Almost everything in your business is connected to productivity in one way or another.

Employee 127
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Startup Symphony: Orchestrating the Perfect Team Composition

The Startup Magazine

The Strategist In the startup world, a strategist is the master of maneuvering through the complexities of business planning and market analysis. Their expert understanding of digital marketing strategies, social media tactics and trend spotting allows them to build brand recognition while increasing customer retention rates.

Startup 146
article thumbnail

Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work

Steve Blank

Best practices in software development started to move to agile development in the early 2000’s. With Agile you could end up satisfying every feature a customer asked for and still go out of business. A major improvement over Waterfall development, Build Measure Learn lets startups be fast, agile and efficient.

Lean 120
article thumbnail

Why Companies are Not Startups

Steve Blank

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. KPI’s and processes are the root cause of corporations’ inability to be agile and responsive innovators.

IRR 335
article thumbnail

Is the Lean Startup concept of MVP dead?

VC Cafe

Most principles of Lean Startup remain true, as described by Steve Blank in The Lean Startup Changes Everything : Business Plans are dead: Startups a series of hypothesis that need to be tested. Ditch the business plan and when assumptions are proven wrong, pivot Customer Development: Build a product your customers want (vs.

Lean 214
article thumbnail

Lessons Learned on Mashable today

Startup Lessons Learned

Retention cohort analysis. My son is planning a software product that will take the mystery out of wikis and make the technology easier for consumers to use. My startup business (web development) is being shunned by virtually every other potential investor I approached thus far. Funnel averages over time. I am chugging along.