Remove Austin Remove Customer Development Remove Finance Remove Product Development
article thumbnail

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. Great post!

article thumbnail

Lessons Learned: Validated learning about customers

Startup Lessons Learned

Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. Their product development team is hard at work on a next-generation product platform, which is designed to offer a new suite of products – but this effort is months behind schedule.

Customer 167
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why vanity metrics are dangerous

Startup Lessons Learned

If you never have, you can create your own using Google Finance. If you never have, you can create your own using Google Finance. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Go ahead and try it, then come back. Youve just experienced vanity metrics hell.

Metrics 167
article thumbnail

Lessons Learned: The engineering manager's lament

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, October 20, 2008 The engineering managers lament I was inspired to write The product managers lament while meeting with a startup struggling to figure out what had gone wrong with their product development process. Good luck, engineering manager. It was painful for a lot of people.

article thumbnail

Fear is the mind-killer

Startup Lessons Learned

In the case of an entrepreneur pitching for finance, its the same fear that has them putting on a facade and not comfortable in what they do and dont know that will see them a long way off getting funded. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup?

article thumbnail

Lessons Learned: Refactoring yourself out of business

Startup Lessons Learned

Because, unless you are working in an extremely static environment, your product development team is learning and getting better all the time. Compounding is not a process that most people find intuitive, and thats as true in engineering as it is in finance, so it requires a lot of encouragement in the early days to stay the course.

article thumbnail

Myth: Entrepreneurship Will Make You Rich

Startup Lessons Learned

But lots of lawyers and finance kids in New York thought they had stable jobs that would make them rich. But lots of lawyers and finance kids in New York thought they had stable jobs that would make them rich. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup?