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

Lean 259
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Build Predictable Startup Models by Forming an Agency

ReadWriteStart

It provides the freedom to partner with entrepreneurs and reduce the costs of agency work in exchange for equity in their startup. Consider Agile or one of its variants for a flexible approach to building top-shelf mobile apps or interactive websites. It also helps bootstrap new startup businesses.

Incubator 188
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How to Find a Market? Use Jobs-To-Be-Done as the Front End of Customer Discovery

Steve Blank

Lean Methodology consists of three tools designed for entrepreneurs building new ventures: The Business Model Canvas – to write down all the hypotheses about a new business; Customer Development – a process for testing those hypotheses outside the building; Agile Engineering – to rapidly build minimal viable products to test product/market fit.

Customer 424
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The curse of prevention

Startup Lessons Learned

Or, if it really was prevented, what was the opportunity cost of choosing to prevent it ahead of time? And in most situations, there is significant cost involved in negotiating over the right estimates to plug in. In other words, a principled way to combine agility with stability. How much will it cost to solve this problem now?

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“Speed and Tempo” – Fearless Decision Making for Startups « Steve.

Steve Blank

That’s why startups are agile. Startups that are agile have mastered one other trick – and that’s Tempo – the ability to make quick decisions consistently over extended periods of time. Reply Lots of low cost experiments « Open Ambition , on April 22, 2009 at 8:58 am Said: [.]

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“Lessons Learned” – A New Type of Venture Capital Pitch

Steve Blank

After these slides, these VC’s recognized that this company had dramatically reduced risk and built a startup that was agile, resilient and customer-centric. The presentation didn’t have a single word about Lean Startups or Customer Development. The primary goal of customer development is to reduce the cost of mistakes.

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The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. customers aren’t buying it, the cost of distribution is too high, etc.) Product Development Diagram 1.