Startup Lessons Learned

JUNE 22, 2009

Lessons Learned by Eric Ries Monday, June 22, 2009 Pivot, dont jump to a new vision In a lean startup , instead of being organized around traditional functional departments, we use a cross-functional problem team and solution team. Each has its own iterative process: customer development and agile development respectively.

San Francisco 167

San Francisco Lean Continuous Deployment Agile 167

Steve Blank

APRIL 4, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. Last week the teams were testing their hypotheses about their Value Proposition (their company’s product or service.) Many of them had heard the phrase “product/market fit” before, but now they were living it.

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Customer Business Model Nebraska Cloud 234

Steve Blank

DECEMBER 28, 2020

With the theme “Build Back Better” Jerry Engel , Pete Newell , Steve Weinstein and I co-hosted nearly 500 Lean Educators from 63 countries and 235 universities online for a three-hour session to share what we’ve learned about educators on how we can help our communities rebound, adjust, and recover. Would customers sit for virtual interviews?

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Startup Lessons Learned

DECEMBER 14, 2009

Each of these four currencies represents a way for a customer to “pay&# for services from a company. A great product enables customers, developers, partners, and even competitors to exchange their unique currencies in combinations that lead to financial success for the company that organizes them.

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Customer San Francisco Viral Lean 156

Startup Lessons Learned

APRIL 14, 2009

This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. In fact, this company hasn’t shipped any new products in months.

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Customer San Francisco Lean Hockey Stick 167

steveblank.com

JULY 8, 2011

AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Steve Blank

MAY 1, 2015

Thibault Duchemin and his team applied for our Lean LaunchPad class at UC Berkeley in 2014. Lean LaunchPad: A Year After. 1 rule every founder hears over and over: Nobody wants your product until you prove it. Pre-Lean LaunchPad – Giving a Voice to the Deaf. Lean LaunchPad – Stumbling Upon an Immense Need.

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Cofounder Lean Customer Development Startup 120

Startup Lessons Learned

JANUARY 2, 2009

For the rest of us, there is an alternative: to create credibility by building a lean startup. At IMVU, we were terrified by how early we shipped (and charged for) our first product. When startups ask me what to measure, I always come back to these three as a starting point: Revenue per customer. Retention cohort analysis.

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San Francisco Tampa Continuous Deployment Lean 60

Startup Lessons Learned

AUGUST 24, 2009

Customers will get to consume the content they want, and support the producers of that content directly, rather than having to rely exclusively on intermediaries. The key tools of this new marketing are: targeting, filtering, and customer insight. There are too many products clamoring for attention. Is that a lot? Is that good?

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San Francisco Lean Technical Review Distribution 113

Startup Lessons Learned

SEPTEMBER 29, 2008

Question 1: When youre adding features to a product used by an existing user base, do you still do split testing to determine usage patterns? Sometimes, testing with existing customers is more complicated than with new customers. If youre worried it, either run the test against new customers or run it for longer than usual.

San Francisco 68

San Francisco Lean Continuous Deployment DC 68

andrewchenblog.com

MARCH 10, 2010

Coupled with A/B testing, customer development, and thinking through business problems in a scientific, hypothesis-driven way, you end up with a powerful cocktail of techniques to build a modern startup in the most iterative way possible. The interesting part is when you get a couple months into your product cycle.

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Technical Review Design Las Vegas Product 47

Startup Lessons Learned

MARCH 24, 2009

In most applications, most of the time, customers return to use the application not in response to a notification or event, but under their own volition. These decisions are critical to the success of any high-engagement product, and they take place entirely inside the minds of customers. Impressive. It all depends on: 1.

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Metrics San Francisco Lean Viral 88

Steve Blank

DECEMBER 17, 2009

Gathering real-world feedback from customers is a core concept of Customer Development as well as the Lean Startup. When I asked him if he actually had personally left the building and talked to these potential customers, or even had gotten them on the phone, he sounded confused. But what information to collect?

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Metrics Customer Customer Development Lean 239

Startup Lessons Learned

SEPTEMBER 26, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. You want to apply Lean Startup methods at your company, but your boss is used to being the decision-maker and is resistant to the concept of testing ideas. On October 8 at 10a PT, join us for a webcast, Bringing Lean Startup to Established Companies.

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Lean Leadership California Retention 166

Steve Blank

MARCH 4, 2014

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. existing enterprises are establishing corporate innovation groups. StageGate Process.

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IRR Startup Business Model Agile 335

usersknow.blogspot.com

APRIL 30, 2010

Is this feature usable, and is the UX reasonably consistent with the rest of my product? You need to have some sort of plan for testing to see how it’s affecting key metrics , whether those are revenue, retention, registration, user happiness, or some other number you care about. What is the expected ROI for this feature?

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Software Review Agile San Francisco Advisory Board 40

Startup Lessons Learned

DECEMBER 16, 2008

Lessons Learned by Eric Ries Tuesday, December 16, 2008 Engagement loops: beyond viral Theres a great and growing corpus of writing about viral loops, the step-by-step optimizations you can use to encourage maximum growth of online products by having customers invite each other to join. Synthetic notifications. Who is using it?

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Viral San Francisco Lean Continuous Deployment 140

Startup Lessons Learned

OCTOBER 7, 2008

Take a look at The App Store after the gold rush - FierceDeveloper : According to a recent BusinessWeek feature , the flood of new games, productivity tools and related iPhone software is making it difficult for the vast majority of apps to crack the consumer consciousness. Acqusition competition is how new apps get new customers.

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San Francisco Lean Retention SEM 68

www.vccafe.com

MARCH 11, 2013

Lean Methodology Sources. Steve Blank on Lean Customer Development. Part 3- Lean Cust. Steve Blank’s Lean Startup Resources. Lean Startup Circle â?? customer retention, churn reduction, lifetime value. free/cheap web customer relationship mgmt software. Codeacademy.

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Software Review Technical Review Startup 53

The Startup Toolkit

NOVEMBER 15, 2012

This is where all those sneaky lean startup MVPs (pre-orders, concierge service, wizard of oz, etc) are worth their weight in gold. Growth is acquisition plus retention. You build enough tech for the product to work, but you can still concierge a load of it. Acquisition and retention tend to be inseparable from the product.

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Startup Business Model Retention Acquisition 55

maplebutter.com

JANUARY 8, 2013

How to stay lean and iterate quickly while you’re building a two sided marketplace, especially when “network effect” and “critical mass” are the two main focuses? Building Product 2. Or should I launch products and a startup for each of them, focusing on only 1 product at a time?

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Technical Review Startup Cofounder Software Review 44

ConversionXL

FEBRUARY 9, 2016

September, 2012 – Andrew Chen, who currently does growth at Uber , writes You don’t need a growth hacker , which encourages companies to really consider whether they have product-market fit before hiring a growth hacker. They need products that are really working in the market. via AndrewChen.co). ” Curiosity.

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Retention Metrics Acquisition Conversion 48