Remove Architecture Remove Founder Remove Hiring Remove Product Development
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Lessons Learned: Product development leverage

Startup Lessons Learned

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in product development. Its a key lean startup concept.

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A Tech Company without a CTO is like a Bakery without a Chef

Business Plan Blog

However, the biggest mistake that a non-tech entrepreneur launching a tech business is to neglect bringing on a tech savvy co-founder on the management team. This is generally achieved in one of the following ways: CTO Level Co-Founder (Equity). Your web/mobile idea needs to be transformed into a working product/service.

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How much does it cost to build the world’s hottest startups?

The Next Web

Therefore, if you want to bring an MVP ( Minimum Viable Product ) to market, Werdelin approximates that you’ll need $50,000 to $250,000 , depending on the skill sets of the developers and designers you hire. Werdelin equates building a successful product to building a nightclub. 3) Facebook. 6) Pinterest.

Cost 168
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Gnip Is On Fire

Feld Thoughts

The first version of the product was based on an architectural approach that didn’t aptly satisfy all players in the ecosystem and wasn’t flexible enough. At this point, the other co-founder, Jud Valeski, stepped up to be the CEO. I’m super proud of Jud and the team he’s built at Gnip.

CTO Hire 131
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Lessons Learned: What does a startup CTO actually do?

Startup Lessons Learned

So what does CTO mean, besides just "technical founder who really cant manage anyone?" If youre trying to design an architecture to maximize agility, how can that work if some people are working in TDD and others not? Thats more than just drawing architecture diagrams, though. Labels: product development 15comments: mukund said.

CTO 168
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Convergent Technologies: War Story 1 – Selling with Sports Scores.

Steve Blank

They couldn’t keep up with the fast product development times that were enabled by using standard microprocessors. So their management teams were insisting that they OEM (buy from someone else) these products. Hiring a VP of Sales in customer discovery typically sets a startup back.

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Embrace technical debt

Startup Lessons Learned

Startups especially can benefit by using technical debt to experiment, invest in process, and increase their product development leverage. The biggest source of waste in new product development is building something that nobody wants. Leverage product development with open source and third parties.