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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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How R&D Investment Grows Your Business

ReadWriteStart

For example, if the goal of R&D is to improve the existing product or develop a new one, it makes sense to gather and analyze a massive array of marketing data. For example, the Candian companies can apply for a 43,5% refund for research and development costs if the R&D process landed in Australia.

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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.

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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. Thats why we need continuous integration and test-driven development.

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Top 4 Easy Franchise Opportunities Worth Their Investment

The Startup Magazine

Plus, you can get further knowledge from this site on how you can improve your franchised business by using different sales and marketing strategies. In franchising this type of business, you’ll save on startup costs such as advertising, product development, and quality control. Spa and Beauty Franchises.

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Embrace technical debt

Startup Lessons Learned

Like a financial debt, the technical debt incurs interest payments, which come in the form of the extra effort that we have to do in future development because of the quick and dirty design choice. Although it costs to pay down the principal, we gain by reduced interest payments in the future.

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Lessons Learned: What is customer development?

Startup Lessons Learned

Customer development is a parallel process to product development, which means that you dont have to give up on your dream. Our goal in product development is to find the minimum feature set required to get early customers. If I get sales I will expand on the site. This is a common mistake.