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Recruiting Should Be Your #1 Priority From Day 1

YoungUpstarts

impactful work (we point to specific features that are being used by 100s of customers) and 3. Tools such as LinkedIn are obviously useful, but it can also pay dividends to use your network to find potential hires. Not sales, product development, or fundraising. cutting edge technology (WebRTC), 2. Be Specific.

Cofounder 164
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Speed up or slow down? (for Harvard Business Review)

Startup Lessons Learned

This is the first post that moves into making specific process recommendations for product development. Defective prototype code was as often thrown out (because customers didnt want it) as it was fixed (when customers did). Hence, cutting corners often paid huge dividends.

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How to Hack Growth When Growth Stalls

ConversionXL

Often, erosion of customer loyalty has been going on for years but the company has failed to perceive it—until it’s too late. Past Product: Lackluster Marketing Causes Growth Stalls, Too. These pitfalls are not limited to product development. Competitor Innovation and Market Disruption. Swimming with Sharks.

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How To See The Distinction Between Business Objectives And Business Priorities

YoungUpstarts

Does this expense drive customer satisfaction? For example, it’s not surprising that when store shelves are flooded with new products launched in pursuit of incremental market share and sales, supply chain suffers. Does this expense build relationships (instead of transactions) with customers? As Hershey’s CEO J.

Green 133
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Lessons Learned: The one line split-test, or how to A/B all the time

Startup Lessons Learned

In my experience, the majority of changes we made to products have no effect at all on customer behavior. Thats when this approach can pay huge dividends. The report is set up to show you what happened to customers who registered in that period (a so-called cohort analysis ). First of all, why split-test?

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How to Take Your Business to the Next Level

Women Entrepreneurs Can

If you embrace new payment methods (such as cryptocurrency) and consider what your customers might need, you will manage to stay ahead of the times, and this solidifies your business as one worth paying attention to and working alongside. Cut Unnecessary Costs. Find Increased Funding.

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Lessons Learned: Work in small batches

Startup Lessons Learned

These changes pay increasing dividends, because each improvement now direclty frees up somebody in QA at the same time as reducing the total time of the certification step. Luckily, I now have the benefit of a forthcoming book, The Principles of Product Development Flow. Interesting post.