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Lessons Learned: Product development leverage

Startup Lessons Learned

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in product development. Its a key lean startup concept.

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Why Companies and Government Do “Innovation Theater” Instead of Actual Innovation

Steve Blank

Disruption today is more than just changes in technology, or channel, or competitors – it’s all of them, all at once. HR processes, legal processes, financial processes, acquisition and contracting processes, security processes, product development and management processes, and types of organizational forms etc.

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5 Cost-Cutting Strategies That May Cause You to Spend More

Up and Running

Not putting resources into staff development. When a team isn’t meeting goals, some companies hire a third-party expert to fix the problem. After all, isn’t it more cost-effective to pay one specialist instead of having to hire and train more people? At first glance, this seems like a worthwhile expense. Think about it.

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How to Survive Four Common Worst Case Scenarios

Startup Professionals Musings

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. The proactive solution is to hire sparingly, and spend the time and effort needed to hire existing experts in all cases. Strategically timid and haphazard marketing.

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Is the Lean Startup Dead?

Steve Blank

He just hired Meg Whitman. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. First Movers” didn’t understand customer problems or the product features that solved those problems (what we now call product-market fit).

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8 Strategies To Drive Your Startup To Profitability

Startup Professionals Musings

Some startups hire more people to delay automation, or spend money wildly on new tools for the future. Introduce new products and enhancements every month. Aggressively enter new markets and sales channels. If your website isn’t pulling in the growth you need, expand to Amazon and other channels. Marty Zwilling.

Startup 335
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Four Common Startup Issues Which Threaten Survival

Startup Professionals Musings

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. The proactive solution is to hire sparingly, and spend the time and effort needed to hire existing experts in all cases. Strategically timid and haphazard marketing.