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Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

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Lessons Learned: Validated learning about customers

Startup Lessons Learned

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) Now that Im in a web based company Im finding a difficult match the framework, culturally.

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Lessons Learned: Don't launch

Startup Lessons Learned

You have to know your business model. Most startups launch before theyve figured out what business theyre in. Would have been nice to have this last year when I started my own business. A soft launch is a very good test to your business model, and allow you to fix bugs and optimize your products.

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Lessons Learned: When NOT to listen to your users; when NOT to.

Startup Lessons Learned

Whats needed is a disciplined methodology for understanding the needs of customers and how they combine to form a viable business model. For example, think of the phases of the synthesis framework: collecting feedback, processing and understanding it, choosing a new course of action. What can you do about it?