Remove Burn Rate Remove Entrepreneur Remove Lean Remove Metrics
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Is the Lean Startup Dead?

Steve Blank

It’s the antithesis of the Lean Startup. Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits.

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8 Startup Excesses Which Will Jeopardize The Business

Startup Professionals Musings

Every entrepreneur I know is short on resources, including time, money, and skills. Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. Productive processes start with a plan, and end with metrics that measure value delivered.

Startup 404
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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

Ari Newman is an entrepreneur, mentor, investor, and a friend. He works at Techstars where his responsibility is to ensure that the connections between alumni, mentors, and staff are as robust as they can be – helping entrepreneurs “ do more faster ” day in and day out. Three months in, the burn is now at $70k/month.

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Lessons Learned: Achieving a failure

Startup Lessons Learned

The passionate early adopters who flocked to the product at its launch could not sustain this outsized burn rate. Departments were built and were even metrics-driven. But there was no feedback loop to help the company find the right metrics to focus on. The Lean Startup Intensive is tomorrow at Web 2.0.

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Lessons Learned: Cash is not king

Startup Lessons Learned

In lean times, it’s most important to focus on cutting costs in ways that speed you up, not slow you down. To increase the number of iterations you have left, you can either increase cash on hand (by raising money or increasing revenues), reduce burn rate, or increase the speed of each iteration. Work in small batches.

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Lessons Learned: Don't launch

Startup Lessons Learned

Figuring this out takes time, and few entrepreneurs have the patience to wait it out, because the business plan does such a good job of explaining what customers are going to think. And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated.

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Blue Collar VC

Mucker Lab

In reality, we are scrappy founders, just like the entrepreneurs we serve. Just as entrepreneurs should aspire to raise capital from value-added, “smart money” investors, we, too, have focused on partnering with committed, long-term, institutional limited partners (LPs). Mucker III is for those quiet but indomitable entrepreneurs.