Gust

NOVEMBER 9, 2014

Eric Ries on Lean Startup methodology, via Wikipedia. I strongly recommend a dramatic departure from this model, called “planned iteration” or Lean Startup methodology, where you assume you won’t get it right the first time, so you launch with a minimum viable product (MVP). Find customers, partners and channels early.

Agile 163

Agile Startup Lean Social Network 163

Gust

NOVEMBER 17, 2022

By this point, the word “lean” has been so used so frequently and in so many contexts that you could be forgiven for thinking that it was completely meaningless. The post Build a MVP and Validate Your Plan with Customers appeared first on Gust. But it’s actually quite the opposite.

Customer 91

Customer Lean Developer Startup 91

Gust

APRIL 20, 2014

VCs and Angel investors like to see a startup that is running lean and mean, with no more than three or four of the conventional C-level or VP titles. This person may be an extraordinary communicator, who rallies employees, customers, and colleagues around the vivid future he sees. Chief Sales Officer (VP Sales). Chief Brand Officer.

CTO Hire 171

CTO Hire Fractional CTO Angel Investor Public Relations 171

Gust

JULY 8, 2012

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. For angel investors, early-stage means there is a good business plan and maybe a prototype, but no customer revenue. Lean startup. Business accelerator.

Early Stage 177

Early Stage Finance Seed Stage Entrepreneur 177

Gust

DECEMBER 7, 2014

At least wait until later, when you ready to scale, and have some “leverage” based on a proven business model, some real customers, and real revenue. Focusing on the burn rate and prioritizing every possible expense will keep overhead down, help you stay lean, and achieve a higher profit earlier.

Bootstrapping 191

Bootstrapping Entrepreneur Startup Burn Rate 191

Gust

NOVEMBER 29, 2012

If not, and they have neither savings nor parents to help them out, they need to find a paying gig (either a traditional job, or a revenue-generating lean startup such as Travis Corrigan describes) to fund their living expenses while they get the next startup off the ground working nights and weekends.

Seed Capital 121

Seed Capital Entrepreneur Lean Revenue 121

Gust

JUNE 10, 2012

Now you can get a product built in China almost overnight with minimal up-front cost, with delayed payment based on first-customer order commitments. Best of all, it’s even considered “ultra-cool” these days to be a lean startup. Remember when you had to build a $1M factory to roll-out a new product? Wages and benefits.

Cost 139

Cost Burn Rate SEM Startup 139