Remove CTO Hire Remove Differentiation Remove Management Remove Product Development
article thumbnail

8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

He wrote a post this long weekend on how he manages the board of DataSift. Spend time building investor relationship long before you raise money. . In this period (less than 2 years) he has brought on incredibly talented senior execs is sales, marketing, product management, client services, finance, vp engineering and more.

article thumbnail

Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

Paid - if your product monetizes customers better than your competitors, you have the opportunity to use your lifetime value advantage to drive growth. In this model, you take some fraction of the lifetime value of each customer and plow that back into paid acquisition through SEM, banner ads, PR, affiliates, etc.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lessons Learned: The lean startup

Startup Lessons Learned

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process.

Lean 168
article thumbnail

The Ultimate Guide to Starting a Software Company

Up and Running

If you don’t yet have a team yet, list the roles you need to hire for. If you don’t yet have a team yet, list the roles you need to hire for. Another great way to test your idea is to create a minimum viable product, or MVP. This is the simplest version of your product minus the frills and frosting. The business model.

article thumbnail

Pivot, don't jump to a new vision

Startup Lessons Learned

IMVU had a roughly two-month-long development cycle. At this meeting, we would present our goals for the cycle, all the raw results wed managed to collect, and our conclusions about what was next. The more work youve sunk into a product or vision, the harder it is to let it go. Great post Eric.

article thumbnail

What is the perfect startup team?

www.quora.com

Smart teams understand quickly that all three skills are essential - if you can't recognize the need, you won't be able to hire for it or value it. Tools that technical people have had for years (project management methods and tools, programming frameworks, etc.) Colin Hayhurst , CTO co-founder then CEO of start-up b.