YoungUpstarts

MAY 21, 2020

Like most entrepreneurs, you’ve probably mapped out the business plan, dreamed up the layout and you’re already snapping up domains and emailing developers with your plan. However, there is a wealth of information and knowledge that should be gained ahead of developing the MVP, which is known as product discovery.

Product 264

Product Cofounder Audience Product Development 264

Startup Professionals Musings

DECEMBER 6, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Finance 320

Finance Intellectual Property Technical Review Incubator 320

YoungUpstarts

DECEMBER 7, 2017

Two conditions that do matter to your startup’s out-year viability are the cost and length of its product development cycle. Startup founders counting the days until break-even or actively seeking outside capital must focus on streamlining their development cycles. A minimum viable product is market-ready, not a prototype.

Cost 100

Cost Developer Small Business Administration Marketing 100

Startup Lessons Learned

APRIL 26, 2009

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.

Product Development 88

Product Development Developer San Francisco Product 88

Startup Lessons Learned

MARCH 16, 2009

Lessons Learned by Eric Ries Monday, March 16, 2009 Combining agile development with customer development Today I read an excellent blog post that I just had to share. In most agile development systems, there is a notion of the "product backlog" a prioritized list of what software is most valuable to be developed next.

Agile 111

Agile Customer Development Developer San Francisco 111

Startup Lessons Learned

AUGUST 6, 2013

Guest post by Lisa Regan On August 20, Eric will sit down with developer and Hut8Labs co-founder Dan Milstein for a webcast you can join to discuss “Getting Engineers Into the Lean Startup Cycle.” This conversation will be a great opportunity for engineers and engineering managers to learn more about implementing Lean Startup ideas.

Lean 167

Lean Engineer Startup Cofounder 167

YoungUpstarts

JULY 14, 2013

The challenge, however, is this: How can we design our products, advertisements and experiences such that they push the right sensory buttons in our consumers? Enter “ Customer Sense: How the 5 Senses Influence Buying Behavior “ by University of Michigan professor Aradhna Krishna.

Technical Review 159

Technical Review Customer Michigan Framework 159

YoungUpstarts

JULY 16, 2019

Customers enjoy online shopping; their demands create enormous opportunities for eCommerce company’s growth. Have you developed any vision of a product development strategy? And keep in mind that the best option is to develop at least 5 domain names connected to your brand’s name to find an unoccupied domain.

eCommerce 113

eCommerce Software Developers Software Development Hosting 113

Startup Lessons Learned

NOVEMBER 8, 2008

Lessons Learned by Eric Ries Saturday, November 8, 2008 What is customer development? When we build products, we use a methodology. But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." a roadmap for how to get to Product/Market Fit."

Customer Development 168

Customer Development Developer San Francisco Customer 168

Startup Professionals Musings

JANUARY 29, 2022

Here are the key parameters that can swing the pendulum: Engineers have an uncontrollable ability to add more features. Many good ideas never get off the ground, simply because the product or service is never “finished.” Of course, if you fire without aiming, there’s always a greater chance that you will shoot yourself in the foot.

Marketing 302

Marketing Technical Review Cost Product Development 302

Startup Lessons Learned

JULY 5, 2010

I believe it is the best introduction to Customer Development you can buy. As all of you know, Steve Blank is the progenitor of Customer Development and author of The Four Steps to the Epiphany. You can imagine how well that worked. On the minus side, that has made it a wee bit hard to understand.

Customer Development 166

Customer Development Developer San Francisco Customer 166

Both Sides of the Table

NOVEMBER 1, 2009

As organizations we have become more open and I believe this is great for businesses and their customers. We spent time out in the marketplace talking with customers, looking at their solutions, comparing ourselves with our competition and then squirreling ourselves away in our offices designing our next set of features.

Customer 280

Customer Technical Review Software Review Mexico 280

The Startup Magazine

JANUARY 26, 2022

Designing new hardware products that have a positive impact on customers is no small feat. There are several elements that go into hardware product design that taps an unaddressed customer need, has the customer WOW factor, and succeeds long term in the market. Certification research for new parts.

Design 131

Design Development Team Review Product Technical Review 131

Startup Lessons Learned

OCTOBER 20, 2008

Lessons Learned by Eric Ries Monday, October 20, 2008 The engineering managers lament I was inspired to write The product managers lament while meeting with a startup struggling to figure out what had gone wrong with their product development process. This engineering manager is a smart guy, and very experienced.

Software Review 164

Software Review Engineer Management Technical Review 164

YoungUpstarts

OCTOBER 10, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “. Talented product developers. No one can truly understand your customers or genuinely share their interests unless she is a customer herself. Are you ready to grow your company? That’s right.

Customer 154

Customer Fractional CTO Canada Technical Review 154

Steve Blank

AUGUST 3, 2012

Long before there was the Lean Startup, Business Model Canvas or Customer Development there was a guy in Santa Barbara California who had already figured it out. Frank Robinson of SyncDev has been helping companies figure out their minimum viable product and pivots since 1984, long before I even knew what it meant.

San Jose 256

San Jose Technical Review Customer Development Software Review 256

Steve Blank

SEPTEMBER 5, 2023

Here’s how I learned why they were critical to successful customer development. I was an aggressive, young and a very tactical VP of marketing at Ardent , a supercomputer company – who really hadn’t a clue about the relationship between profound beliefs, customer discovery and strategy. I was a great marketer.

Business Model 305

Business Model Product Development Early Stage Customer Development 305

YoungUpstarts

MARCH 24, 2014

The same rule applies to product and app development. Launching a new product can be costly, but adding features to a successful existing product can be even more costly if the additions take away from your product’s unique focus. Do you want the product, or does your target market want the product?

Fractional CTO 228

Fractional CTO Product CTO Hire Merger 228

Steve Blank

NOVEMBER 12, 2019

Some of the best and brightest wanted to work for defense contractors or corporate research and development labs. Indeed, Silicon Valley was born as a center for weapon systems development and its software and silicon helped end the Cold War. Some of the speed is simply due to development methodologies. Startups can do anything.

Government 308

Government Artificial Inteligence Silicon Valley North Korea 308

YoungUpstarts

OCTOBER 22, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “ Harnessing the power of references and referrals seems like an obvious win. What could make more sense than to leverage the enthusiasm of happy customers to convince buyers that they need your products and services?

Programming 145

Programming Customer Social Media Advisory Board 145

Steve Blank

MAY 6, 2015

Build a product, get it into the real world, measure customers’ reactions and behaviors, learn from this, and use what you’ve learned to build something better. Repeat, learning whether to iterate, pivot or restart until you have something that customers love. Waterfall Development. Microsoft Windows 3.0).

Lean 120

Lean Agile Business Model Customer Development 120

Hearpreneur

JANUARY 22, 2023

Consumers are becoming increasingly health-conscious and seeking to understand their options for treatments and healthcare products. As a result, businesses in this field should leverage technology to provide interactive, easy-to-understand educational content that can help customers make health-related decisions and maintain healthy habits.

Artificial Inteligence 124

Artificial Inteligence Technical Review Entrepreneur Social Media 124

The Startup Magazine

JUNE 20, 2020

You can hire remote developers. The best software engineering companies always prioritize exploring all of the possibilities to find the most accurate solutions as they can. Many companies and organizations are up to develop the custom analytical and platform to find the insights.

Artificial Inteligence 91

Artificial Inteligence Software Engineering Analytics Engineer 91

YoungUpstarts

OCTOBER 19, 2017

by Steve Owens, Founder and CTO of Finish Line Product Development Services. In this article we explore the unique challenges of a lean start-up and how Outsourced Product Development (OPD) can be used to overcome them. Reducing product turn time. Extending the runway. The Lean Start-Up Environment.

Product Development 153

Product Development Lean Developer Product 153

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

YoungUpstarts

APRIL 21, 2013

Through rapid experimentation, short product development cycles, and rigorous measurements of the right metrics, they can ascertain what customers really want. Such direct experiences allows one to test critical “leap-of-faith” assumptions about what customers like and dislike.

Lean 193

Lean Technical Review North America Startup 193

Startup Professionals Musings

APRIL 26, 2019

Here are the key parameters that can swing the pendulum: Engineers have an uncontrollable ability to add more features. Many good ideas never get off the ground, simply because the product or service is never “finished.” Of course, if you fire without aiming, there’s always a greater chance that you will shoot yourself in the foot.

Technical Review 233

Technical Review Startup Cost Product Development 233

Steve Blank

JANUARY 6, 2014

For the last 75 years products (both durable goods and software) were built via Waterfall development. This process forced companies to release and launch products by model years, and market new and “improved” versions. And these changes may have unintended consequences leading to customer dissatisfaction and confusion.

Continuous Deployment 329

Continuous Deployment Customer Agile Cloud 329

Version One Ventures

MAY 3, 2023

Many of the most talented entrepreneurs and engineers left India to study and then work in the US and Canada. With the right product or service for the Indian market and strong execution, an “India for India” start-up can see incredible growth. Reverse brain drain” “Reverse brain drain” is a real thing in India.

India 87

India LP Silicon Valley Vertical 87

Steve Blank

SEPTEMBER 1, 2021

Do they have better sales, marketing, or product development groups? What the winners start with is the realization that in a world of continuous disruption, they have only a few years to develop new capabilities or be pushed over the brink. Is it that some CEOs are better than others? Are their people smarter?

Incubator 402

Incubator Lean Agile Business Model 402

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. They are gaining valuable customer data.

Customer 167

Customer San Francisco Lean Hockey Stick 167

YoungUpstarts

APRIL 17, 2018

As an example, the reasons we provide to prospective engineers are 1. impactful work (we point to specific features that are being used by 100s of customers) and 3. For example, if you run a tech startup , you will know how hard it is to find good software engineers. Not sales, product development, or fundraising.

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Steve Blank

SEPTEMBER 3, 2009

This post describes how the traditional product development model distorts startup sales, marketing and business development. The meaning of alpha test , beta test, and first customer ship are pretty obvious to most engineers. Freemium models have their own scorekeeping.)

Customer Development 215

Customer Development Developer Customer Silicon Valley 215

Up and Running

SEPTEMBER 11, 2020

A $150 llama rental for a photoshoot, $250 for a bagpipe player at a customer picnic, $5,000 for an executive’s tires — these are just some of the most questionable things people have paid for or attempted to pay for, in the name of business. This can place a heavy strain on small businesses that don’t have a regular stream of customers yet.

Cost 150

Cost Technical Review Salary Social Media 150

Startup Lessons Learned

OCTOBER 26, 2009

Lessons Learned by Eric Ries Monday, October 26, 2009 A real Customer Advisory Board A reader recently asked on a previous post about the technique of having customers periodically produce a “state of the company&# progress report. Many companies seek to involve customers directly in the creation of their products.

Advisory Board 151

Advisory Board Customer San Francisco Lean 151

Steve Blank

MAY 28, 2009

Customer/Market Risk Versus Invention Risk One day I was having lunch with a VC sharing what I learned from my students. Our firm has a portfolio of companies across a broad range of markets and the way we look at it is pretty simple – the deals fall into two types: those with customer/market risk and those with invention risk.”

Vertical 144

Vertical Silicon Valley Marketing Customer 144

David Teten

OCTOBER 1, 2015

and if you’re like most of today’s startups — you need to get an app in the hands of customers. Once customers love your app and you show some traction, you raise some money and grow it into that impactful dream of an idea that you’ve had figured out in your head for as long as you can remember. Photo credit.

Software Developers 60

Software Developers Software Development Software Developer 60