YoungUpstarts

OCTOBER 19, 2017

by Steve Owens, Founder and CTO of Finish Line Product Development Services. The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. Reducing product turn time. The Lean Start-Up Environment. Extending the runway.

Product Development 153

Product Development Lean Developer Product 153

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. It always reduces risk to plan your business first. Nevertheless, it’s an option that doesn’t cost you equity.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. Product Development Diagram 1.

Customer Development 243

Customer Development Developer Customer Silicon Valley 243

Startup Lessons Learned

MAY 27, 2009

Lessons Learned by Eric Ries Wednesday, May 27, 2009 Austin: the Lean Startup tour continues Next week I head to Austin, TX for my first visit ever. The Lean Startup is a practical approach for creating and managing a new breed of company that excels in low-cost experimentation, rapid iteration, and true customer insight.

Lean 60

Lean Austin San Francisco Continuous Deployment 60

Steve Blank

MARCH 15, 2011

Our new Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. what’s the product? Come up with ways to test each of the 9 business model canvas hypotheses. Filed under: Business Model versus Business Plan , Customer Development , Lean LaunchPad , Teaching.

Business Model 237

Business Model Nebraska Peru Germany 237

Hearpreneur

APRIL 13, 2022

One of the most important lessons entrepreneurs can learn from Dropbox is to adopt the lean start-up methodology and start. Moreover, I like inspiring myself with interesting online business models and Wikipedia is a great example of a user-generated content-based website. Thanks to Fletcher Wimbush, The Hire Talent ! #2-

Artificial Inteligence 77

Artificial Inteligence Entrepreneur Technical Review Software Review 77

Startup Lessons Learned

SEPTEMBER 30, 2008

Platform selection and technical design - if your business strategy is to create a low-burn, highly iterative lean startup, youd better be using foundational tools that make that easy rather than hard. In my mind, theyre racking up costs (one month for that part, two months for that other part, uh oh). I dont think so.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Startup Lessons Learned

OCTOBER 23, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. Analytics spark more questions and discussion than almost any other aspect of the Lean Startup method. Alistair and Ben, co-authors of the book Lean Analytics, will help you sort it out in our next webcast, Lean Analytics for Non-tech Companies.

Analytics 167

Analytics Lean Widget Metrics 167

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

Lean 167

Lean San Francisco Continuous Deployment Startup 167

Startup Lessons Learned

JULY 29, 2009

Like a financial debt, the technical debt incurs interest payments, which come in the form of the extra effort that we have to do in future development because of the quick and dirty design choice. Although it costs to pay down the principal, we gain by reduced interest payments in the future.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

Duct Tape Marketing

NOVEMBER 1, 2017

Transcript of How to Turn Marketing Costs Into Profit written by John Jantsch read more at Duct Tape Marketing. That’s not really true, but in this episode of The Duct Tape Marketing podcast I do speak with Joe Pulizzi and Robert Rose, authors of Killing Marketing: How Innovative Businesses are Turning Marketing Costs into Profit.

Cost 37

Cost Marketing Audience Media 37

Startup Lessons Learned

APRIL 14, 2009

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.) In fact, this company hasn’t shipped any new products in months.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Steve Blank

MARCH 4, 2014

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. Every large company, whether it can articulate it or not, is executing a proven business model (s).

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

MARCH 11, 2015

I suggested the best place to start the conversation is with the 21 st century definition of a startup: A startup is a temporary organization designed to search for a repeatable and scalable business model. Startups have finite time and resources to find product/market fit before they run out of money.

Widget 120

Widget Lean Business Model Metrics 120

Up and Running

JULY 26, 2017

Website, web app, or a mobile app—what would be the right “form” for your business idea ? Since the release of the very first iPhone, everyone has been treating the mobile-first business model as the new gold rush. Before devoting resources to building a full version, consider launching an MVP (minimal viable product) first.

Mobile 81

Mobile Application Development Web Software Review 81

Startup Lessons Learned

JUNE 5, 2009

One way to conceive of our goal in an early-stage venture is to incrementally “fill in the blanks&# for the business model that we think will one day power our startup. For example, say that your business model calls for a 4% conversion rate – as ours did initially at IMVU. If it costs $0.10 But $10.00?

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. So if youre a lean startup earlyvangelist, read on. Great idea.

Lean 102

Lean Programming San Francisco Continuous Deployment 102

Steve Blank

JUNE 25, 2009

Computer hardware companies were faced with their customers asking for low-cost (relatively) desktop computers they had no experience in building. They couldn’t keep up with the fast product development times that were enabled by using standard microprocessors.

Technology 141

Technology Silicon Valley Fractional VPE Part-Time VPE 141

ReadWriteStart

JUNE 29, 2020

Wikipedia.com defines a “startup company (startup or startup) is an entrepreneurial venture which is typically a newly emerged, fast-growing business that aims to meet a marketplace need by developing a viable business model around an innovative product, service, process, or a platform.”.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Startup Lessons Learned

MAY 17, 2009

Lessons Learned by Eric Ries Sunday, May 17, 2009 Last chance to register for The Lean Startup at HP on May 21 This coming Thursday, May 21, is the last time Im currently scheduled to give the full Lean Startup presentation in the Bay Area. Many startups are now following the Lean Startup process. You can register online here.

Lean 60

Lean San Francisco Continuous Deployment DC 60

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development.

Customer Development 251

Customer Development Developer Customer Silicon Valley 251

A Smart Bear: Startups and Marketing for Geeks

MAY 1, 2012

For example, the average cost of customer acquisition diminishes. Suppose you discover that it costs $60 to acquire a new $10/mo customer which is too much to be sustainable — perhaps, but that cost diminishes over time, so it’s not a long-term problem. Pretty much everything about it is nicer!

Customer 320

Customer Revenue Acquisition Cofounder 320

SoCal CTO

DECEMBER 1, 2010

few years ago I also started following Alexander Osterwalder in his blog about his Business Model Generation -mantra. Today, brands are hiring social media specialists for customer support, crowdsourced product development, promotions and even leads generation. D&O insurance is a “cost of respect” for board members.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Steve Blank

JUNE 8, 2009

Customer Development by Vertical - Click to Enlarge (As a reminder, the Customer Development process says your business plan is just a series of untested hypothesis (unless you’re a domain expert.) You take your product vision and get out of your building to turn your hypothesis into facts. Innovation – Business Model?

Vertical 124

Vertical Silicon Valley RSS Marketing 124

Startup Lessons Learned

MARCH 21, 2013

Lean Analytics is the latest addition to the Lean Series. Similarly, a two-sided marketplace cares about different things from a traditional e-commerce product. Here's what they have to say about churn rates in SaaS businesses: The best SaaS sites or applications usually have churn ranging from 1.5% to 3% a month.

Analytics 167

Analytics Lean Metrics Churn Rate 167

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. 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.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

NOVEMBER 4, 2021

Modern entrepreneurship began at the turn of the 21 st century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. Problem – Lean Doesn’t Have a Market Definition Step.

Customer 424

Customer Marketing Lean Vertical 424

Startup Lessons Learned

OCTOBER 6, 2008

Lessons Learned by Eric Ries Monday, October 6, 2008 When NOT to listen to your users; when NOT to rely on split-tests There are three legs to the lean startup concept: agile product development , low-cost (fast to market) platforms , and rapid-iteration customer development. I think Drucker said it best.

San Francisco 128

San Francisco Lean Continuous Deployment Agile 128

Seeing Both Sides

AUGUST 3, 2012

The Lean Start-Up movement, as exemplified in Eric Ries' book The Lean Start-Up, has appropriately focused a great deal of attention on the hard decisions and techniques required to create a company from nothing. This is the magic of what Akamai and other multi-product companies achieve as they scale. How did Akamai do it? .

Distribution 49

Distribution Lean Massachusetts Cofounder 49

Startup Lessons Learned

DECEMBER 14, 2009

Lessons Learned by Eric Ries Monday, December 14, 2009 Business ecology and the four customer currencies Lately, I’ve been rethinking the concept of “business model&# for startups, in favor of something I call “business ecology.&# Constructing a working business model is a form of ecosystem design.

Customer 156

Customer San Francisco Viral Lean 156

Startup Lessons Learned

MAY 7, 2009

Initially, IMVU sought to quickly build a product that would prove out the soundness of their ideas and test the validity of their business model. The Lean Startup Intensive is tomorrow at Web 2.0. for Harvard Business Revie. The interesting thing about fear is that to reduce it requires two contradictory impulses.

Continuous Deployment 131

Continuous Deployment San Francisco Software Review Lean 131

Startup Lessons Learned

MARCH 13, 2009

You have to know your business model. Most startups launch before theyve figured out what business theyre in. If the product needs to be tweaked just a little bit in order to convert users into customers, you want to figure that out before the launch. Slow progress, but has cost less than 150k aud so far.

San Francisco 168

San Francisco PR Lean Early Stage 168

Hippoland

FEBRUARY 12, 2018

Almost all of the companies we invested in in 2017 had customers even if they didn’t have much of a product. Those who didn’t have a product or much of a product used a concierge model of sorts ala Lean Startup philosophy to start running their business. This one is pretty investor-specific. Or in between?

Seed Stage 48

Seed Stage Business Model B2B Email 48

Hippoland

FEBRUARY 12, 2018

Almost all of the companies we invested in in 2017 had customers even if they didn’t have much of a product. Those who didn’t have a product or much of a product used a concierge model of sorts ala Lean Startup philosophy to start running their business. This one is pretty investor-specific. Or in between?

Seed Stage 48

Seed Stage Business Model B2B Email 48

Steve Blank

MAY 18, 2009

He welcomed us by screaming, “Do you know how much it costs every minute this line is down.&# Next, you have to deal with the daily crisis of product development and acquiring early customers. the manager followed us still yelling. And that’s just to get started.

Founder 307

Founder Silicon Valley RSS China 307

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

You have your general management meeting and in your general management meeting you talk about product development, about marketing and about finance. Edwin: Oh sorry, so the business model. Edwin: The business model is that the organizer has to pay. Do you think that’s a good business model?

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

maplebutter.com

JANUARY 8, 2013

How to stay lean and iterate quickly while you’re building a two sided marketplace, especially when “network effect” and “critical mass” are the two main focuses? Near shoring development with your team (ex: your team is based in Canada / India) is cool, but not outsourcing. They care about real product.

Technical Review 44

Technical Review Startup Cofounder Software Review 44