Startup Lessons Learned

NOVEMBER 4, 2008

Lessons Learned by Eric Ries Tuesday, November 4, 2008 Principles of Lean Startups, presentation for Maples Investments Image via Wikipedia Steve Blank and I had the opportunity to create a presentation about lean startups for Maples Investments. My path to lean startups began with Kent Beck and extreme programming.

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Duct Tape Marketing

MARCH 13, 2024

I need to hire people. What kind of content does it lean towards? Many of my team's been distributed. When you're looking to hire and source talent for the business, it gives you a much more affordable resource to find that talent. But then my customer was, Hey, great, but what I don't have systems. Where's your audience?

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Software Review ChatGPT Technical Review Small Business 78

Up and Running

SEPTEMBER 19, 2018

If you simply want to map out the aspects of your business for internal use, you can consider a Lean Business Plan. Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Distribution. Hiring plans. Personnel plan : Costs of employees. Be specific. Company overview.

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Business Plan Technical Review Forecast Software Review 154

Startup Lessons Learned

MAY 31, 2019

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. Morgan credit card business to acquire tons of Square customers at a very low cost.

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Hearpreneur

JULY 3, 2020

Hiring developers used to be an expensive barrier to getting started. Now, data is pulsing through customer experience, conversation, distribution, claims and inspections in insurance, and more. Complex global supply chains built on lean manufacturing principles were especially vulnerable. Photo Credit: Amber Christian.

Technical Review 144

Technical Review Entrepreneur Software Review Artificial Inteligence 144

The Next Web

DECEMBER 4, 2013

The difference between “remote” and “distributed” is that in a remote team, there is a company office(s) where some team members are based full-time. A distributed team has no location base – everyone is in a different place. But distributiveness solves a lot of problems, including that of being remote. Hire those you trust.

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Steve Blank

NOVEMBER 21, 2016

Hacking for Diplomacy takes the Lean Startup methodology and applies it to problems sourced from the State Department. Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. each while Sharpie markers run $0.375 apiece.

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Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

Hacking for Diplomacy takes the Lean Startup methodology and applies it to problems sourced from the State Department. Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. each while Sharpie markers run $0.375 apiece.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 4, 2017

By which they mean: Without stupid rules that assume employees are dumb or evil, without everything taking ten times longer than it should, without wall-to-wall meetings, without resorting to hiring anything less than the top 1% of the talent pool, and so on. It’s a big reason why they move quickly. No, it’s a colossal failure.

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Startup Lessons Learned

MARCH 11, 2014

Guest post by Sarah Milstein , CEO of Lean Startup Productions The 2013 Lean Startup Conference was a hit on several levels, with many people telling us it was the most valuable business conference they’d ever attended. Quick Consulting , an evening event on March 27 in San Francisco. Office Optional. workforce now telecommutes.

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Up and Running

NOVEMBER 12, 2018

But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan. A Lean Plan can also serve as an initial plan that helps you think through all the aspects of starting your business. For example, the men’s hair product box might cost $39.95 Your problem and solution.

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Business Plan Curation Balance Sheet Intellectual Property 63

Both Sides of the Table

DECEMBER 22, 2011

Ones that offer amazing value (low relative margins) at high volumes that makes it nearly impossible for high-cost incumbents to compete. In order to grow we hired successful and expensive sales people who in turn were able to (and incentivized to) sell projects at higher margins and close big deals. think Amazon’s Storage costs).

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Non-Compete Startup Internet Cost 386

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. Finally the amount of capital needed to take a drug to FDA trials could be enormously expensive, at least 10x more than startup costs at an electron-based company. Here’s why.

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Startup Lessons Learned

MARCH 21, 2013

Lean Analytics is the latest addition to the Lean Series. On the other hand, in an industry with relatively low switching costs, churn will be substantially higher. For intrapreneurs, this means applying Lean methods to new product development, rather than starting an entirely new company. to 3% a month.

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Analytics Lean Metrics Churn Rate 167

ConversionXL

MARCH 19, 2020

Yet in expansionary periods, successful leaders spent significantly less on [selling, general, and administrative costs] than did their former peers. Greater discipline during boom times offered more flexibility during lean years. A focus on cost cutting—every decision is viewed through a loss-minimization lens. Promotion.

Marketing 121

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Startup Lessons Learned

FEBRUARY 5, 2013

Yes, there are Lean Startups even in the United States federal government. For my take on how this is possible, you can see my previous post on Lean Government here. Helping American businesses access the information and services that will help them grow, hire American workers, and export to foreign markets.

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Fractional CTO Government Technical Review Analytics 158

Steve Blank

AUGUST 31, 2009

The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) So what’s wrong the product development model?

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Customer Development Developer Customer Silicon Valley 241

Startup Lessons Learned

AUGUST 24, 2009

One is explaining the world as it used to work: the importance of gatekeepers, the scarcity implied by limited distribution, and the resulting quality bar that the industry is so proud of. Mostly it is the time and expense required to create the means of distribution for that industry. It’s just taking some longer than others.

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Startup Lessons Learned

MARCH 22, 2010

The cost of creating new companies is falling rapidly, and access to markets, distribution, and information is within the reach of anyone with an Internet connection. The cost will be felt in jobs -- thousands of new jobs that could have been created here, but werent. The Lean Startup Intensive is tomorrow at Web 2.0.

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Startup Lessons Learned

APRIL 26, 2009

Its a key lean startup concept. Other companies accomplish this by hiring a large staff of content production experts - and get a very good result. We combined three tactics: extensive use of free software, an open platform for user-generated content, and leveraged distribution channels. Leveraged distribution channels.

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Startup Lessons Learned

JANUARY 2, 2010

Lessons Learned by Eric Ries Saturday, January 2, 2010 Towards a new entrepreneurship When I started writing about the lean startup , my aspiration was to do more than just share a handful of tips and tricks that work for consumer internet startups. This belief led me to the lean startup, and to an amazing 2009.

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Startup Lessons Learned

AUGUST 1, 2009

One of the most common questions I get about the lean startup methodology is, "but what about Steve Jobs ?" So how do you reconcile his success with the lean startup, which seems to suggest the opposite?" Plus, the premise of the question misunderstands the lean startup, too. And he doesnt shy away from big-bang launch events.

San Francisco 166

San Francisco Lean Continuous Deployment DC 166

Startup Lessons Learned

JANUARY 12, 2009

At IMVU, when wed hire a new engineer, we could get them to ship code to production on their first day, even if they had never programmed in PHP before. For most of its existence, PHP didnt have a standard package-distribution system or very good module support. This let us hire extremely high-caliber programmers to work on it.

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PHP Software Review Ruby San Francisco 166

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). Massive proprietary databases?

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Both Sides of the Table

NOVEMBER 5, 2012

Costs of product on YouTube content is literally 99% cheaper than traditional TV and; Distribution of content can now go viral and can predictably distributed via social networks. Over time if you produce compelling content you can package it up and repurpose it to distribute through other channels. Well played.”

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Silicon Valley Los Angeles Distribution Java 374

Up and Running

AUGUST 28, 2019

Having both will add cost, but they should also add significant peace of mind to your work throughout this process. Also, creating a quick lean financial forecast will help ensure your business idea is viable and financially sound. Your choice here is to either hire an agent or be your own. Name your registered agent.

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Delaware Stock Nevada Technical Review 83

Startup Lessons Learned

SEPTEMBER 7, 2008

One major theory that has influenced the way I think about processes comes from Lean Manufacturing , where they use these same techniques to build cars. It seems many startups these days are under a lot of pressure to outsource their development organization to save costs. The Lean Startup Intensive is tomorrow at Web 2.0.

Customer Development 131

Customer Development Engineer San Francisco Developer 131

Startup Lessons Learned

FEBRUARY 10, 2009

Our tests suite takes nine minutes to run (distributed across 30-40 machines). Ship more infrequently While this may decrease downtime (things break and you roll back), the cost on development time from work and rework will be large, and mistakes will continue to slip through. The Lean Startup Intensive is tomorrow at Web 2.0.

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Continuous Deployment San Francisco Software Review Lean 123

Startup Lessons Learned

SEPTEMBER 2, 2008

We wanted an agile approach that would allow us to build our software architecture as we needed it, without downtime, but also without large amounts of up-front cost. The Lean Startup Intensive is tomorrow at Web 2.0. Amazing lean startup resources Is Entrepreneurship a Management Science? Expo SF (May.

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A Smart Bear: Startups and Marketing for Geeks

JULY 24, 2012

It’s quite simple, which is when you had systems where you had limitations on distribution or transportation of products, it enabled you to operate with a certain cost structure. That cost structure for traditional industry, for historic reason, remains high. or an MSN or an AOL in terms of portal distribution.

Silicon Valley 204

Silicon Valley Software Review Internet Technical Review 204

David Teten

MARCH 24, 2014

” It’s great reading for anyone that leans too heavily on the left side of the brain. Teten : No one ever got fired for hiring Och-Ziff, or any other of the massive hedge funds. Teten : As a thought experiment, imagine a quant pure black box hedge fund, “UltraQuant,” which hires a lot of impressive PhDs.

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Software Review Due Diligence Venture Capital Portfolio 114

crowdSPRING Blog

FEBRUARY 9, 2016

I love working with people from around the world and truly believe that distributed teams provide huge benefits for small businesses and startups. Even worse, some companies, like Yahoo, have rolled back their distributed teams. Business owners report that their biggest concern with distributed teams is lower levels of productivity.

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Distribution SCRUM Cofounder Lean 48

Startup Lessons Learned

MAY 25, 2021

A provider of low-cost health clinics across the country, Carbon Health was also on the frontlines when the COVID pandemic hit--and even understood what was coming long before most people in the U.S. Carbon Health is a provider of low-cost health clinics across the country. They had to decide whether and how to respond. EB : Yeah.

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Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. 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. If you don’t yet have a team yet, list the roles you need to hire for. The business model.

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Software Review Software Delaware Forecast 74

Startup Lessons Learned

JUNE 19, 2019

Andy and I will be having a fireside chat at this year’s Lean Startup Conference in October. I thought, "Oh, I'll start it as a hobby, and if it turns into something, I'll hire a CEO. Because venture capitalists hire people with operating backgrounds, people think that that means that they value the operating skill.

Silicon Valley 159

Silicon Valley Lean Venture Capital Pre-Money Valuation 159

Startup Lessons Learned

SEPTEMBER 5, 2008

MogileFS - "Distributed (meta) file system. link] And - of course - going through [link] and reading up on the various different approaches different companies have (successfully) taken towards getting scalability at reasonably low cost. The Lean Startup Intensive is tomorrow at Web 2.0. Pay less for storage. Expo SF (May.

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Open Source San Francisco Continuous Deployment Lean 107

Startup Lessons Learned

SEPTEMBER 10, 2008

Plus, as product development teams in lean startups become adept at learning-and-discovery (as opposed to just executing to spec), its clear that some bugs shouldnt be fixed. Joel is focused on the fact that in many environments, programmers are considered "just the hired help" akin to manual labor, and not treated properly.

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Software Review Technical Review San Francisco Continuous Deployment 144