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Critical Key Performance Indicators (KPIs) for Founders

Up and Running

Get input from analysts, department heads, managers, and other team members that need to act on the information. . For example, leadership can use high-level KPIs to measure the overall performance of the company, and managers can use granular KPIs to gauge the effectiveness of processes, such as sales, marketing, or procurement.

Founder 71
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Customer Development Manifesto: The Path of Warriors and Winners.

Steve Blank

Customer Development is Low Burn by Design The Customer Development process keeps a startup at a low cash burn rate until the company has validated its business model by finding paying customers. AKPC_IDS += "1115,"; (No Ratings Yet) Loading … Posted in Leadership | Tagged [.] carry on reading.

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Lean Startups aren't Cheap Startups

Steve Blank

In times when venture capital is hard to get, investors extract high costs for failure (down-rounds, cram downs , new management teams, shut down the company.) Lean Startups aren’t Cheap Startups « Steve Blank (tags: startup product-management strategy) [.] The Customer Development process (and the Lean Startup) is one way to do that.

Lean 260
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The Secret History of Silicon Valley Part V: Happy 100th Birthday.

Steve Blank

By the late 1930′s when HP started, a small group (measured in hundreds) of engineers who made radio tubes were building the valleys’ ecosystem for electronics manufacturing, product engineering and technology management. But in fact, most startups need to keep their burn rate low more [.] Who would have known?

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The Curse of a New Building « Steve Blank

Steve Blank

We hired an interior designer and a great facilities person to manage the process. If the management team is thinking they’ve made it, the new building is just symptomatic of a company heading for a crash. The startup guys should have taken the hint that their burn rate was likely inappropriate (read: out of control).

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25 Best Startup Failure Post-Mortems of All Time

www.chubbybrain.com

surrendered market leadership and thought leadership. We did find some specific industry verticals where the model works (some high schools, some boxing and mixed martial arts events, some exclusive conferences), but not enough to warrant a large market and an independent company. Post-Mortem Title : RiotVine Post-Mortem.