Remove Bootstrapping Remove Customer Development Remove Metrics Remove Product Development
article thumbnail

Lessons Learned: Combining agile development with customer development

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, March 16, 2009 Combining agile development with customer development Today I read an excellent blog post that I just had to share. In most agile development systems, there is a notion of the "product backlog" a prioritized list of what software is most valuable to be developed next.

Agile 111
article thumbnail

Raising Money Using Customer Development

Steve Blank

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Product Development – Getting Funded as The Goal In a traditional product development model, entrepreneurs come up with an idea or concept, write a business plan and try to get funding to bring that idea to fruition.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Lessons Learned: Validated learning about customers

Startup Lessons Learned

Every board meeting, the metrics of success change. Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. As a result, potential customers are being turned away; they can only afford to engage with the customers that are best qualified.

Customer 167
article thumbnail

New conference website, speakers, agenda

Startup Lessons Learned

Each part of the program is organized around one phase of the Build-Measure-Learn feedback loop and begins with a keynote address from a heavy hitter: Steve Blank on Customer Development, Randy Komisar on "Getting to Plan B" and - a third person, not-yet-announced-but-extremely-cool-trust-me.

article thumbnail

The lean startup @ Web 2.0 Expo (and a call for help)

Startup Lessons Learned

Eric, if youre looking for any help as a "customer advisory board", Id love to do anything I can to help. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Labels: events 2comments: Andrew Meyer said. No departments The Five Whys for Startups (for Harvard Business R.

Lean 68
article thumbnail

It's a startup, not a spreadsheet

Startup Lessons Learned

In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics. As the product got better, we could see the rate getting closer and closer to the mythical “ one percent rule.&# The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup?

article thumbnail

The Lean Startup Workshop - now an O'Reilly Master Class

Startup Lessons Learned

The response so far has been nothing short of overwhelming, and I want to especially thank those of you who participated in the survey and customer validation exercise that helped shape this event. I closed down my first business last November and I am bootstrapping the second one currently. For now, Id like to ask a favor.

Lean 60