ConversionXL

FEBRUARY 3, 2022

John says to drive growth, growth marketers must develop a “ T formation.”. How to create a growth hacking strategy using the pirate metrics model. Growth hacking in marketing incorporates the five stages of the customer lifecycle into the “ AARRR Framework ,” otherwise known as the “Pirate Metrics model.”.

Retention 113

Retention Marketing Acquisition Channel 113

Steve Blank

JUNE 26, 2015

Gore , I’ve found two corporate strategy tools developed by other smart people helpful in bridging Lean Startups with Corporate Innovation. However in practice most companies treated the Three Horizons like they are simply incremental execution of the same business model. Horizon 1 activities support existing business models.

Lean 120

Lean Management Business Model Incubator 120

David Teten

APRIL 1, 2021

I propose here a framework for prioritizing your platform buildout. Nick Kim , Crosscut’s Head of Platform, in his presentation at the 4th Annual VC Platform Summit, shared their Platform development methodology, which he viewed as an exercise in product development. I have developed a founder curriculum on my blog.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

TechEmpower

FEBRUARY 13, 2013

As software developers, we're technophiles, so we enjoy these cycles and quite often find humor listening to the energy spent arguing on either side of issues. It's a fun and funny business to be in. Through our fifteen years, we've been charged with helping clients get business done with technology. It's important to us.

Guinea 200

Guinea Application Development Ruby Web Development 200

Steve Blank

JULY 1, 2014

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. Teams can prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model.

Sacramento 306

Sacramento Framework Customer Development Lean 306

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. Master of 500 Hats: Startup Metrics for Pirates (SeedCamp 2008, London) This presentation should be required reading for anyone creating a startup with an online service component. Choose one.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Women Entrepreneurs Can

MARCH 2, 2023

Instead of maintaining strict, serial boundaries for business growth, like the legacy waterfall method, we perform parallel efforts to shape a flexible strategy while we take action. Our business assumptions stem from our vision and become the hypotheses used in our experimentation test cases. So, What Exactly Is the Lean Method?

Lean 98

Lean South Korea Metrics Framework 98

SoCal CTO

JUNE 9, 2010

Guide to Evaluating Startup Ideas - Tony Wright dot com , May 27, 2010 A great developer I once worked with was kvetching at lunch one day. They’re deep into Customer Development ,” he said. " In fact, 3 of the 10 selected companies from the past two years has followed this business model. Innovative. Disruptive.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

David Teten

JANUARY 19, 2021

This structure allows for alignment on the front end, and real-time flexibility for performance metrics,” says Samira Salman , a family office investor and advisor. . Flexible VCs have created structures based on other company performance metrics than revenues, such as profits or founder salaries. Typical business stage.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Steve Blank

NOVEMBER 21, 2016

The students “get out of the building” and test their hypotheses in front of potential beneficiaries using the Customer Development methodology, all while building and updating their Minimal Viable Products. And yet, most of us responsible for trying to develop foreign policy don’t come from that background” of technology and innovation. “We

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

The students “get out of the building” and test their hypotheses in front of potential beneficiaries using the Customer Development methodology, all while building and updating their Minimal Viable Products. And yet, most of us responsible for trying to develop foreign policy don’t come from that background” of technology and innovation. “We

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Hunter Walker

APRIL 5, 2023

An AI Safe Harbor Provision Would Create Guidelines For Development & Safety Without Premature Regulations The conversation around Artificial Intelligence has started to take on a binary quality, rather prematurely, as if we were debating the two sides of a coin rather than a more complex shape. Let builders build as is” vs “Regulate.”

Artificial Inteligence 63

Artificial Inteligence Framework Aggregator China 63

View from Seed

SEPTEMBER 11, 2019

But here’s some examples or frameworks to consider. But even as a concept stage company there are ways to show progress with your business. Pre-launch customer development data is another way, sometimes in the form of user surveys for consumer companies or interviews with potential beta customers for B2B businesses.

Seed Stage 149

Seed Stage B2B Seed Capital Revenue 149

Reid Hoffman

JANUARY 12, 2023

A lot of it started with DeepMind and the neural networks it trained to play classic arcade games like Pong and Breakout, and then its development of even more powerful algorithms like AlphaZero, which it created to master far more complex games like Go and Chess. But, already, we have magic!

Artificial Inteligence 36

Artificial Inteligence ChatGPT Technical Review Conversion 36

ConversionXL

JULY 21, 2022

By focusing intently on a single measurement, known as a north star metric. The north star metric defines success for the whole company and aligns teams on a growth trajectory. In this article, you’ll learn how other growing companies use the north star metric to achieve customer success. Customer-centricity. Accountability.

Metrics 120

Metrics Acquisition Revenue .Net 120

Steve Blank

SEPTEMBER 23, 2014

Over the last few years it’s become clear that the days of teaching “how to write a business plan” as the cornerstone of university entrepreneurship are over. We now understand the distinction between startups – who search for a business model – versus existing companies – that execute a business plan.

Lean 284

Lean Cleveland Balance Sheet Ohio 284

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.) Every board meeting, the metrics of success change. And what of the product development team?

Customer 167

Customer San Francisco Lean Hockey Stick 167

Up and Running

MAY 28, 2015

We’re looking at our lean business planning is about strategy, tactics, concrete specifics including milestones, metrics, tasks and schedule, and essential numbers to run a business, all of which lead to managing cash flow. As you look at business strategy, I’ve developed this list of just oh here’s ideas.

Lean 60

Lean Business Plan Video Software Review 60

ConversionXL

MARCH 29, 2017

If you don’t have a validated product or business model yet, stop here. There are a lot of different ways to approach this, depending on your business model and your goals. To do that, we use prioritization frameworks. It Starts with the Product. before continuing. Hyper-Focused Growth Cycles.

Marketing 48

Marketing Distribution Retention eCommerce 48

ConversionXL

DECEMBER 13, 2022

So, think in this order: Define your business objectives. Define your target metrics. To do this, we recommend the ResearchXL Framework. It also helps to have a framework. There are many frameworks to prioritize your A/B tests, and you could even innovate with your own formula. Define your website goals.

Analytics 127

Analytics Technical Review Software Review Framework 127

Ben's Blog

MAY 15, 2020

In normal times, every company operates against some hypothetical growth model—a data-driven framework that describes how your product grows and how you acquire new users. We begin by describing a typical a growth model and discuss how that fundamentally drives a company’s business strategy. What are those metrics?

Founder 36

Founder Conversion Technical Review Cash Position 36

Mucker Lab

APRIL 6, 2023

Are there types of companies, market segments, industries, or business models where PLG does not make sense? You may do those in waves or it may happen in parallel, but in general, you need to have that framework of “let's figure out the foundation and then pour more gas on the fire.” This is a framework I use.

Product 78

Product CTO Hire Startup Fractional CTO 78

Up and Running

DECEMBER 6, 2012

Lean Planning is a set of tools for discovering a business model that works, building an action plan to test your assumptions, creating financial models and a plan for a viable business, and tracking your performance so you can adjust your plan on the fly, quickly and easily. Do startups have a manual?

Lean 147

Lean Silicon Valley Forecast Technical Review 147

ConversionXL

JUNE 2, 2022

This lead becomes your first contact and is then developed into an account. Marketing development reps were then limited to 100 accounts each and aligned with three to four sales reps to target only 400 accounts. How you approach it will depend on your business model and ideal accounts and how (or if) you plan to expand campaigns.

Customer 98

Customer Marketing Channel Acquisition 98

Up and Running

APRIL 29, 2019

Another way to “map” your customers is to develop a user or buyer persona. As you begin to implement your marketing plans in service of your branding and sales goals, make sure you track metrics so you can measure the success of each campaign. If you don’t set a long term trajectory for your business, you’re leaving a lot to chance.

Marketing 142

Marketing Social Media Lean Campaign 142

Steve Blank

NOVEMBER 25, 2013

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. Teams can prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model.

Oakland 326

Oakland Incubator Lean Metrics 326

Startup Lessons Learned

JANUARY 30, 2018

Many established companies today are experiencing unprecedented levels of instability in their business models, brought on by technological disruption and, yes, those startups chasing their markets. We just need to give them tools, frameworks, and right encouragement. A: They need to pursue different, better metrics.

Metrics 349

Metrics Startup Lean Detroit 349

The Startup Toolkit

NOVEMBER 15, 2012

So here’s another way of thinking about the stages of a startup in visual terms using the business model canvas[2]. Important Business Question #1: does anybody care at all and will they pay us? You shift from qualitative feedback (customer development) to quantitative feedback (metrics). Up to you! [1]

Startup 55

Startup Business Model Retention Acquisition 55

David Teten

DECEMBER 3, 2019

This provides us more time to develop meaningful relationships with prospects and customers. Lean Case provides standard business models & metrics, so you can apply a standard approach to business planning, modeling, and profitability tracking. 3) Raise capital. 9) Accelerate portfolio company value.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

The Next Web

AUGUST 10, 2013

Once you’ve defined which user tasks should be tested, start developing low fidelity paper prototypes. By firing events on every action, you can get metrics that track Call-to-Action buttons and compare their performance to find out which one can be optimized. It’s a fantastic way to validate your ideas by using just pen and paper.

Cofounder 157

Cofounder Guerilla Startup Analytics 157

ConversionXL

MAY 16, 2018

Know the difference between leading and lagging metrics. While it’s always necessary to keep track of lagging indicators to evaluate ongoing performance, as marketers we want to understand what causes those metrics to move either up or down. As you can see, leading metrics differ wildly depending on the brand and industry.

Marketing 133

Marketing Metrics Programming Design 133

reidhoffman.org

NOVEMBER 12, 2013

But with so many investors still licking their wounds from the dot-com bust, many focused on proven business models, such as advertising or e-commerce. The general rule is one business model drives the business. As it happened, we did end up pursuing all three lines of business.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

ConversionXL

DECEMBER 2, 2015

Define your target metrics. To do this, we recommend the ResearchXL Framework. ( to really understand the framework, read this post ). So humility is crucial, but it also helps to have a framework. Read about WiderFunnel’s LIFT Model for a good heuristic framework. A very popular one is the PIE framework.

Technical Review 48

Technical Review Analytics Framework Software Review 48

ConversionXL

JUNE 21, 2015

Use ResearchXL framework. develop testing culture. – you want to grow your business rather than just optimize your website. If you are a young company, take risks – don’t be scared to even change your business model a little. Stay away from aggregate metrics – combine, segment, visualize, predict.

Email 48

Email SEO Campaign Agile 48

maplebutter.com

JANUARY 8, 2013

Written By Dan Martell on February 2nd, 2012 | Category: Hiring LeanStartup Marketing Metrics Startup Life | 6 Comments. Building Metrics / Usage Reports / KPI 3. Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly. Why do I do it?

Technical Review 44

Technical Review Startup Cofounder Software Review 44

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. The most common need is becoming more customer-centric.

San Francisco 128

San Francisco Lean Continuous Deployment Agile 128

Startup Lessons Learned

MARCH 13, 2009

Do some Customer Development instead. You have to know your business model. Most startups launch before theyve figured out what business theyre in. Know what the success metrics are for the launch. Would have been nice to have this last year when I started my own business. Help you raise money.

San Francisco 168

San Francisco PR Lean Early Stage 168