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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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29 Entrepreneurs Explain Why They Started Their Businesses

Hearpreneur

By establishing a company dedicated to inventive and speedy product development, I am able to use cutting-edge technologies and consistently innovate faster than competitors. So, I started a sales and marketing company and haven't looked back since. I wanted to give my consumers a fantastic online and after-sales experience.

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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.

Customer 167
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Andrew Chen: Growing renewable audiences

Startup Lessons Learned

In an enterprise sales context, this is called a "repeatable and scalable sales process" - once you know how to do this, your company can graduate from early adopters and make an attempt at the mainstream. Thoughts on scientific product development Lo, my 5 subscribers, who are you?

Audience 119
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Lessons Learned: Throwing away working code

Startup Lessons Learned

And while its true that metrics sometimes can lead to a better product, in my experience just as often they had led to no insight whatsoever, like fancy reports that nobody reads or after-the-fact rationalizations (with graphs!) We set sales targets from day one, $300 the first month. Labels: product development 4comments: Doug said.

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The new startup arms race (for Huffington Post)

Startup Lessons Learned

The cost of creating new companies is falling rapidly, and access to markets, distribution, and information is within the reach of anyone with an Internet connection. The result is a profound democratization of the digital means of production. [.] The result is a profound democratization of the digital means of production. [.]

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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.