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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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Lessons Learned: About the author

Startup Lessons Learned

He previously co-founded and served as Chief Technology Officer of IMVU. He is the co-author of several books including The Black Art of Java Game Programming (Waite Group Press, 1996). While an undergraduate at Yale Unviersity, he co-founded Catalyst Recruiting. October 13, 2008 6:47 PM Luke G said. Eric, love the blog.

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How much does it cost to build the world’s hottest startups?

The Next Web

However, you could still build an Instagram-like product inexpensively, in the $100,000 to $300,000 range over a three-to-six-month period,” says Werdelin. Founder Kevin Systrom launched Instagram with 25,000 beta users on October 6, 2010; two years later, the app continues to see massive growth, recently reporting 150 million active users.

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Lessons Learned: What is customer development?

Startup Lessons Learned

Customer development is a parallel process to product development, which means that you dont have to give up on your dream. Our goal in product development is to find the minimum feature set required to get early customers. Instead, we do everything possible to validate the founders belief.

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Case Study: kaChing, Anatomy of a Pivot

Startup Lessons Learned

Andy Mathieson, a founder and managing member at Fairview Capital , was particularly supportive. With 21 employees today, kaChing is devoted to recruiting professional managers and finding product/market fit , first for money managers, then for consumers. The response was surprisingly positive.

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Lessons Learned: Combining agile development with customer development

Startup Lessons Learned

Ever since that time, I have struggled to explain how the feedback loop in customer development should interface with the feedback loop in product development. In a project like that there are lots of big questions that need to be answered in order to build a working product. Thats pretty clear.

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The Entrepreneur's Guide to Customer Development

Startup Lessons Learned

As all of you know, Steve Blank is the progenitor of Customer Development and author of The Four Steps to the Epiphany. I have personally sold many copies of his book, and continue to recommend it as one of the most important books a startup founder can read. April 23, 2010 in San Francisco. Bring your questions.