Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. They are gaining valuable customer data.

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Customer San Francisco Lean Hockey Stick 167

YoungUpstarts

AUGUST 24, 2015

By bootstrapping, bartering, reducing overheads (rental and manpower), and leveraging technology (especially the web), one can start one’s own business almost on a dime without being beholden to creditors or venture capitalists. c) Selling more to existing customers. In other words, we should give them “the fish”. 4 Compelling offer.

Technical Review 100

Technical Review Software Review South Carolina Startup 100

Startup Lessons Learned

MARCH 16, 2009

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. The breakthrough idea of agile is that software should be built iteratively, with the pieces that customers value most created first. Enter Jims post.

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Agile Customer Development Developer San Francisco 111

Startup Lessons Learned

FEBRUARY 9, 2009

Lessons Learned by Eric Ries Monday, February 9, 2009 The lean startup @ Web 2.0 Expo to explain the lean startup concept to a larger audience. The Lean Startup: a Disciplined Approach to Imagining, Designing, and Building New Products.: Hey Someone else who is extending the agile/lean approach beyond just developing software.

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Lean San Francisco Web Advisory Board 68

Startup Lessons Learned

MAY 14, 2009

Lessons Learned by Eric Ries Thursday, May 14, 2009 The Lean Startup Workshop - now an OReilly Master Class My rate of posting has been much lower lately, and this is mostly due to preparations for the upcoming Lean Startup Workshop on May 29. I have a lot of good news to report on this front. You can click here to learn more.

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Lean San Francisco Continuous Deployment Software Review 60

ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. Before we look at ways to bootstrap a startup, let’s consider a comprehensive definition of what a startup is. Ways to bootstrap a startup. Implement the “lean startup” philosophy. What is a startup?

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Bootstrapping Global Startup Hungary 85

Austin Startup

FEBRUARY 24, 2018

Much of the writing on startups focuses on two elements: finding product-market fit scaling the company once #1 is accomplished For product-market fit, we have a lot of source material to work with from the last decade: Steve Blank’s leadership on Customer Development , and Eric Ries’ on the Lean Startup ?—?along Stanford’s CS183c?—?Blitzscaling

Warrant 48

Warrant Bootstrapping Framework Hiring 48

Startup Lessons Learned

APRIL 18, 2010

Lessons Learned by Eric Ries Sunday, April 18, 2010 Four myths about the Lean Startup Myth: Lean means cheap. Lean startups try to spend as little money as possible. Truth: The Lean Startup method is not about cost, it is about speed. Myth: The Lean Startup methodology is only for Web 2.0/internet/consumer

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Lean San Francisco Continuous Deployment Startup 167

Up and Running

OCTOBER 1, 2014

What about bootstrapping? Keep customers at the forefront, and listen to them. “Let your mission, values, and customer happiness be the guiding force behind everything you do, and remember you are not the customer. ” The post Dragons, Bootstrapping and Women in Tech appeared first on Bplans Blog.

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Bootstrapping Cofounder Portland Burn Rate 107

crowdSPRING Blog

JUNE 21, 2013

Lean Business: Save Money, Save the Environment – [link]. 4 Things You Must Do to Hire the Perfect Candidate | [link] – [link]. Lean Business: Save Money, Save the Environment – [link]. 2500+ Free Custom Photoshop Shapes | [link] – [link]. Empower Your Small Business – [link].

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Social Media Small Business Design Media 93

Up and Running

MARCH 8, 2016

The people that hire you are taking you into their trust. If you do hire employees, they will also need these characteristics: Trustworthiness. It will help you find customers, and craft the right marketing messages so that they choose you! Will you do everything yourself or hire employees? 10 miles, 20 miles, 50 miles?

SBA 60

SBA Technical Review Software Review Business Plan 60

Both Sides of the Table

SEPTEMBER 10, 2021

We can’t wait for customers to use the product for 12–18 months and do customer interviews or look at purchase cohorts. In fact, we just announced that we hired a new head of our Growth Platform, (follow him on Twitter here ? It’s just now that we’re Seed Investors. Seksom Suriyapa ?

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Pre-Money Valuation Valuation Venture Capital Early Stage 471

Startup Lessons Learned

JANUARY 18, 2010

Ash Maurya is the founder of WiredReach , a bootstrapped startup that he has been running for seven years. Recently, he was bitten by the lean startup bug and has started writing about his experiences attempting to apply lean startup and customer development principles. Things started to slip.

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Continuous Deployment San Francisco Lean Wiki 151

Startup Lessons Learned

MARCH 29, 2010

Traveling the past year, I have heard loud and clear that its time for the Lean Startup movement to enter its next phase. My aspiration with the Lean Startup methodology has always been to provide such a framework, so that we have more intelligent conversations about what works and what doesnt for startups.

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San Francisco Lean Continuous Deployment DC 120

OnlyOnce

JULY 9, 2013

The book has been described by a few CEOs who read it and commented early for me along the lines of “The Lean Startup movement is great, but this book starts where most of those books end and takes you through the ‘so you have a product that works in-market – now what?’ questions”.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

Startup Lessons Learned

JUNE 5, 2009

That’s because the model is based on assumptions about customers that are totally unproven. If we already knew who the customer was, how they would behave, how much they would pay, and how to reach them, this wouldn’t be a disruptive innovation. The solution is to change our focus from outputs to inputs. If it costs $0.10

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

AUGUST 8, 2009

Lessons Learned by Eric Ries Saturday, August 8, 2009 Introducing the Lean Startup Cohort subscription program Over the past few months, I have been engaged in another customer discovery exercise with passionate early adopters of the lean startup methodology. I am now ready to move into the customer validation phase.

Lean 102

Lean Programming San Francisco Continuous Deployment 102

YoungUpstarts

JUNE 26, 2014

I’m a big fan of bootstrapping a business instead of beginning with seed rounds. You’d be surprised at how much you can learn from your potential customer. There are amazing groups like Startup America and Lean Start Up that hold meet-ups for entrepreneurs to network at and collaborate. Have an original idea.

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Cap Table Bootstrapping Naming America 162

techcocktail.com

OCTOBER 23, 2010

But while you are small and lean, take advantage of everyone skills; if someone on your team is a great writer, have them take charge of your press releases and marketing content. As you grow, think about the right timing for bringing on more people with specific roles, but remember – hire slow, fire fast.

San Francisco 44

San Francisco Startup PHP San Diego 44

ReadWriteStart

MAY 30, 2022

In this article, you’ll learn how bootstrapping makes you a better business – a leaner, smarter, more agile company that can roll with the punches. Hire a bunch of new staff? . Bootstrapping Minimizes the Number of People Cashing in on Your Success. Bootstrapped founders don’t have these concerns. I turned them down.

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Bootstrapping Startup Equity Silicon Valley 147

Steve Blank

SEPTEMBER 25, 2014

The final proof of a compelling technical vision is that customers were interested—the phone was always ringing. Pragmatic and Lean. Larry was loathe to sell any of the company stock; he generally took a dim view of VCs and preferred to bootstrap. Hired the Smartest People. What a gift! It was neat to be in the room.

Technical Review 333

Technical Review Venture Capital Software Review Database 333

Up and Running

DECEMBER 4, 2014

This is true whether you’re a bootstrapped startup that’s funded with credit cards and loans from friends and family, or the next darling of Silicon Valley that’s sitting on a war chest of millions in venture capital funding. If you aren’t solving a problem for potential customers, then how will you get people to buy your product or service?

Forecast 152

Forecast Elevator Pitch Lean Silicon Valley 152

VC Cafe

OCTOBER 16, 2010

Tender – customer support. uservoice – customer feedback. link] – proactive customer chat. How do bootstrapped companies hire talent? How much should it cost for a bootstrapped, lean startup to incorporate (or form an LLC)? Short answer: Chargify – recurring payments.

Option Pool 88

Option Pool Analytics LLC Startup 88

Mucker Lab

MARCH 8, 2016

Four years after founding and bootstrapping Mucker Capital , we are pleased to announce the close of a new $45 million fund, Mucker III. How can we tell founders to stay lean, keep focused on their customers, and keep burn rates low if we cannot walk the talk and eat our own dog food? The underdogs. The dogged visionaries.

Burn Rate 60

Burn Rate Limited Partner Bootstrapping Portfolio 60

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods. Also, make a bullet list of the marketing activities that will drive customers to your door.

Software Review 74

Software Review Software Delaware Forecast 74

Up and Running

MARCH 15, 2016

If you’re not seeking bank or investor funding, you can probably get away with a lean business plan. When starting a clothing company, you’ll likely be dealing with either bank loans, investment from friends, family, or your own savings, crowdfunding, and generally bootstrapping your business. Your best bet? Do your market research.

Intellectual Property 60

Intellectual Property Bootstrapping LLC Naming 60

The Entrepreneurial Mind

JANUARY 17, 2011

This is particularly bad news for most small businesses because they rely on customers who are willing to spend money to fuel growth in revenues. With continuing weak sales, small-business owners remain unwilling to increase hiring. But approach any new business startup with as lean and bootstrapped a game plan as possible.

Small Business Administration 64

Small Business Administration Bootstrapping Washington Forecast 64

Steve Blank

NOVEMBER 7, 2013

In 2012 I got together with Alexander Osterwalder , Henry Chesbrough and Andre Marquis to think about the Lean and the future of corporate innovation. It didn’t take us very long to connect the dots between exponential growth, business model innovation and the “Lean Startup” movement. in developing these new models.

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Lean Nepal Cofounder Customer Development 326

viniciusvacanti.com

SEPTEMBER 7, 2010

Hire a Programmer The Hope: You’ll use the programmer to build a prototype that will get you traction and experience. You know how to product manage and you’ve hired programmers before. I recommend you start by reading this post on how to hire a programmer. I plan on bootstrapping my upcoming startup.

Cofounder 43

Cofounder Technical Cofounder Founder Ruby 43

Up and Running

MARCH 21, 2017

“A pivot is a change in strategy without a change in vision,” says Eric Ries , author of The Lean Startup. A channel that didn’t point to specific returns didn’t garner enough priority to warrant paid customers. I thought it best to pivot the product in a direction that provided more tangible returns for customers.

Campaign 80

Campaign Startup Cloud Channel 80

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster. Jason: So how many of those 20,000 people are paying customers? Edwin: Okay, I have different types of customers.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

Up and Running

OCTOBER 21, 2014

Given the number of funding resources available today, you shouldn’t have too much of a problem getting that initial start-up cash, especially if you focus on a lean business model or MVP route to market. If you decided to start a digital marketing agency, you might figure out from the start, where you draw the line at customers.

Elevator Pitch 166

Elevator Pitch Software Review SBA Business Plan 166

www.readwriteweb.com

OCTOBER 18, 2010

I want to know how many customers exist out there who would be likely buyers of the O-Port products, at what price-point, and what does that add up to? David should use his credibility in capacity planning and convince a dozen customers to pay him consulting fees to solve their capacity planning problems. 30 million market?

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

www.readwriteweb.com

OCTOBER 18, 2010

I want to know how many customers exist out there who would be likely buyers of the O-Port products, at what price-point, and what does that add up to? David should use his credibility in capacity planning and convince a dozen customers to pay him consulting fees to solve their capacity planning problems. 30 million market?

Marketing 52

Marketing Bootstrapping Incubator Angel Investor 52

Duct Tape Marketing

JUNE 4, 2019

All I got to do is work a little bit harder, a little bit more, push my people a bit better, train them a bit better, get a few more customers. We needed that tomorrow because if we didn’t have the profit we weren’t bootstrapping our way through, so I get that whole philosophy. It can be defined in retention of customers.

Cofounder 64

Cofounder Australia Retention Sales 64

The Next Web

OCTOBER 10, 2013

Hire everyone you need as an employee. Shoulder – not to cry on, but to lean on. Since we bootstrapped Backblaze, early on we would have months when the company did not have enough cash from sales to buy the additional servers it needed. The required number of cofounders for success is: “Zero” – You don’t need a cofounder.

Cofounder 143

Cofounder Technical Cofounder Kenya Dilution 143

Duct Tape Marketing

DECEMBER 28, 2023

Exclusive to new customers—upgrade and grow your business with ActiveCampaign today! And it's the same thing for individuals because at that early stage of a business, when you don't yet have a product, even sometimes when you don't yet have customers, you don't yet have traction and sales, how are you going to judge it?

Framework 71

Framework Cofounder Early Stage IPO 71