Startup Professionals Musings

OCTOBER 19, 2015

Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Most founders bootstrap product development. I exhort entrepreneurs to keep it simple, start with a minimum viable product (MVP), and test it out with early customers.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Street Smart Product Manager

SEPTEMBER 28, 2014

Many of my product help calls are from folks frustrated with being able to pursue a new product in an existing company. As painful and frustrating as it is, many successful product people I’ve met have […]. As painful and frustrating as it is, many successful product people I’ve met have […].

Bootstrapping 45

Bootstrapping Product Lean Startup 45

Spencer Fry

MAY 2, 2014

Anyone who works in product development will know that ten months is an eternity. The product offering is itself the same: offer perks and rewards to your employees. Ten-Month Product Cycles Suck. It was never our intention to get stuck in a ten-month product cycle. Why Bootstrapping is Good and Bad.

Bootstrapping 57

Bootstrapping Revenue Forecast Product Development 57

Startup Professionals Musings

MARCH 16, 2016

This term refers to an initial venture-capital investment, often wrongly sought to seed early product development. In fact, most often, it is limited to seeding a startup business rollout or scale-up after development is completed from friends and family. Frothy is good for entrepreneurs. Seed-round investment.

Software Review 120

Software Review Sweat Equity Accredited Investor Angel Investor 120

Early Growth Financial Services

MARCH 1, 2013

That’s the big question that many founders ask themselves as they try to get their product and service to market. You can find successful entrepreneurs on both sides of the bootstrap debate: there are definitely advantages—and disadvantages—to both bootstrapping and raising venture capital. Helps you to focus.

Bootstrapping 55

Bootstrapping Venture Capital Startup Product Development 55

Startup Lessons Learned

APRIL 29, 2013

Eric has talked often about recognizing a startup as an organization designed to create a new product or service under conditions of extreme uncertainty. Most commonly, that’s uncertainty about whether you can build the product at all (what MBAs call “technical risk”) or whether anybody will use or buy it (“market risk”). in ten years?

Lean 165

Lean Technical Review Startup Software Review 165

ReadWriteStart

JULY 12, 2023

InvGate’s products are made to simplify IT management for businesses with 50-50,000 employees. Products offered by the business consist of a help desk for employees, security compliance tools, and budgeting software. Gesto decided to scale InvGate after bootstrapping for the past 14 years.

United States 121

United States Management Mexico Artificial Inteligence 121

The Startup Magazine

SEPTEMBER 12, 2019

This is why I made the decision to bootstrap HighRadius. As a founder and CEO, the most important gift that bootstrapping gave me was the ability to slow down, speed up and pivot when and where we knew we needed to. Focus on Product Development First. For them, one success story can more than make up for three failures.

Early Stage 85

Early Stage Venture Capital Bootstrapping Pre-Money Valuation 85

Startup Lessons Learned

APRIL 14, 2009

This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. In fact, this company hasn’t shipped any new products in months. What’s going on?

Customer 167

Customer San Francisco Lean Hockey Stick 167

VC Cafe

APRIL 21, 2022

I believe the iPhone moment is going to be the launch of Apple’s smart glasses (or maybe Meta’s) and when it happens, I predict we will see accelerated adoption of AR technology for both consumer and enterprise use cases, and a rush to adapt products to from 2D to 3D. The writing is on the wall – AR continues to grow.

Mobile 198

Mobile Global Aggregator Bootstrapping 198

Startup Professionals Musings

MAY 4, 2014

This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. If you are contracting or outsourcing, this is even more important. Funding process.

Startup 268

Startup Institutional Investors Angel Investor Bootstrapping 268

ReadWriteStart

JANUARY 26, 2012

Eric has done some technology scouting, and believes he can deliver on the specs of the product. The problem, however, is that he is assuming that an investor would fund the product development. Direct selling simply is not the right solution for bringing this product to market. Investors rarely fund concepts. SustanAbin.

Jacksonville 114

Jacksonville Florida PPC Programming 114

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. 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

Agile Customer Development Developer San Francisco 111

David Teten

AUGUST 19, 2019

In addition, I’ve noted a few multi-product lending firms, e.g., Kapitus and United Capital Source , which provide RBI as one of many structural options to companies seeking capital. . We have a special program if you are pre-seed and need product development. Our wheelhouse is bootstrapped (or lightly capitalized) SMB SaaS.

Revenue 60

Revenue Technical Review Software Review Equity 60

Jeff Hilimire

OCTOBER 8, 2014

We actually met taking some web development classes in Chicago. I was doing an early-stage startup in Chicago and Betsy was running a physical product development company in Charlotte that she’d recently sold. Both Betsy and I come from entrepreneurial backgrounds before starting TTS.

Cofounder 68

Cofounder Charlotte Raleigh Atlanta 68

Startup Professionals Musings

JANUARY 31, 2013

This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. If you are contracting or outsourcing, this is even more important. Funding process.

Institutional Investors 230

Institutional Investors Angel Investor Bootstrapping Database 230

Duct Tape Marketing

APRIL 6, 2022

Well, Steve Hoffman (02:34): First of all, I did three venture funded startups in Silicon valley and two bootstrap startups. Because you can say anything you want, but if, and you can build the best product you want, you could spend year building like the most perfect product with all the features and no bugs or whatever it is.

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

Startup Professionals Musings

SEPTEMBER 7, 2011

This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. If you are contracting or outsourcing, this is even more important. Funding process.

Startup 255

Startup Institutional Investors Angel Investor Bootstrapping 255

Street Smart Product Manager

NOVEMBER 2, 2014

Many of my free product help calls are about ways to pursue customer development and gather VOC, bootstrap new product efforts, and apply lean principles to product management activities. Long Live “Agile Conversations” appeared first on Street Smart Product Manager. The post RIP PRDs.

Agile 46

Agile Conversion Lean Bootstrapping 46

Startup Professionals Musings

AUGUST 1, 2010

This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Product development process. If you are contracting or outsourcing, this is even more important. Funding process.

Startup 239

Startup Institutional Investors Angel Investor Bootstrapping 239

The Startup Toolkit

NOVEMBER 17, 2011

You have a profitable bootstrapped business with good, linear growth. You could either take or reject the licensing deal (based on your feelings about the exclusivity clause), and then plan to bootstrap the transition from a consumer-marketing model into an enterprise-sales one. The good, the bad, and the bootstrapped.

Bootstrapping 32

Bootstrapping Revenue Cost Sales 32

Hippoland

AUGUST 1, 2012

These days, our advertisers run the gamut — some of our advertisers make billions each year while others are bootstrapped individuals who don’t earn anything right now. They would create whitepapers or webinars or have a special freebie that was related to their product/service that people could get simply by signing up for it.

Marketing 117

Marketing Startup Bootstrapping Advertising 117

Startup Lessons Learned

FEBRUARY 9, 2009

The Lean Startup: a Disciplined Approach to Imagining, Designing, and Building New Products.: Lessons Learned by Eric Ries Monday, February 9, 2009 The lean startup @ Web 2.0 Expo (and a call for help) Ive been asked to speak this year at the Web 2.0 Expo to explain the lean startup concept to a larger audience.

Lean 68

Lean San Francisco Web Advisory Board 68

techcocktail.com

OCTOBER 23, 2010

be the manager and product developer). Developer – Most likely your product requires some engineering. Make sure you have the right developer(s) on board in whatever capacity you need them, whether it’s a part time HTML or Wordpress developer or a full time PHP wiz.

San Francisco 44

San Francisco Startup PHP San Diego 44

The Startup Toolkit

NOVEMBER 17, 2011

You have a profitable bootstrapped business with good, linear growth. You could either take or reject the licensing deal (based on your feelings about the exclusivity clause), and then plan to bootstrap the transition from a consumer-marketing model into an enterprise-sales one. The good, the bad, and the bootstrapped.

Bootstrapping 26

Bootstrapping Revenue Cost Sales 26

Duct Tape Marketing

JUNE 4, 2015

Services we provide include brand identity, integrated marketing, inbound marketing strategy, art direction, web-design & development, startup incubation and product development services to a wide array of clients ranging from bootstrapped startups to successful longstanding companies.

Web 28

Web Technical Review Sales Cycle Cofounder 28

Startup Lessons Learned

MARCH 29, 2010

I believe it means were achieving product/market fit for a set of ideas. These case studies range in size and scope: from pre-product/market fit to already exited, bootstrapped to venture-backed, solo practitioner to large organization. Ideas, products, and capital flow easily across borders. Congratulations. Not anymore.

San Francisco 120

San Francisco Lean Continuous Deployment DC 120

Hearpreneur

DECEMBER 25, 2022

We want our customers to find products that express themselves. We always go back to our core standards—rooted in quality, precision, and efficacy—when creating product designs or advancing our proprietary technologies. There’s something super satisfying and motivating to check a task off your list and see just how productive you are.

Entrepreneur 116

Entrepreneur Technical Review Bootstrapping Community 116

Startup Lessons Learned

APRIL 18, 2010

Lean Startups waste less money, because they use a disciplined approach to testing new products and ideas. Lean, when used in the context of lean startup, refers to a process of building companies and products using lean manufacturing principles applied to innovation. Myth: Lean Startups are small bootstrapped startups.

Lean 167

Lean San Francisco Continuous Deployment Startup 167

Hearpreneur

SEPTEMBER 5, 2021

Technologies that promote remote working and make the experience more productive for both businesses and employees will have the biggest impact on entrepreneurship. Entrepreneurs are often wearing ALL the hats in the business while they're bootstrapping through growth. Thanks to Georganne Hassell, Sorenson Communications! #5-

Artificial Inteligence 103

Artificial Inteligence Technology Entrepreneur Cloud 103

A Smart Bear: Startups and Marketing for Geeks

MAY 1, 2012

To clarify the discussion, let’s use a simpler model: Companies A and B both sell products with recurring monthly revenue, and both brought in $10,000 in revenue last month. Many more die that way than die because the product sucks or doesn’t have enough features or because they don’t have a staff designer.

Customer 320

Customer Revenue Acquisition Cofounder 320

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. Read on to find out. The goal of both is to eliminate waste.

Continuous Deployment 151

Continuous Deployment San Francisco Lean Wiki 151

ReadWriteStart

OCTOBER 14, 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? He should then bootstrap his product development by using the consulting fees. Is that a $20 million market? $30 30 million market? 300 million market?

Bootstrapping 114

Bootstrapping Marketing Angel Investor Silicon Valley 114

Startup Lessons Learned

MAY 14, 2009

Through case studies, exercises, and discussions, Eric Ries will guide entrepreneurs of all stripes through the key areas that determine success for startups: product, engineering, QA, marketing, and business strategy. This workshop presents a new methodology that will allow you to bring new products -- and companies -- to life.

Lean 60

Lean San Francisco Continuous Deployment Software Review 60

Startup Lessons Learned

JUNE 5, 2009

Sometimes an early negative result from an experiment is a harbinger of doom for that product, and means it should be abandoned. Imagine a general manager that has read The Innovator’s Dilemma and related books, and is therefore trying hard to help her organization make a transition to a new product category via disruptive innovation.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Steve Blank

SEPTEMBER 25, 2014

It wasn’t always perfect, but it was way more right than wrong, It informed our product development to a great degree and kept us working on more or less the right stuff. It took a long time for our market to develop, so Oracle wasn’t exactly a growth explosion in the early days. Back then he advocated for.

Technical Review 333

Technical Review Venture Capital Software Review Database 333

Hippoland

AUGUST 8, 2018

As always, there are exceptions: if you build a viral consumer product (such as an Instagram) where people are just coming to your site / app in droves at no cost to you, then you’ve got a great business. Product second. But this is incredibly hard to do, and most sites cannot do this at scale. Marketing first.

Founder 48

Founder Sales Cycle Affiliate Retention 48