Remove Demand Remove Engineer Remove Public Relations Remove Vertical
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Lean Startups aren't Cheap Startups

Steve Blank

The key contributors to an out-of-control burn rate is 1) hiring a sales force too early, 2) turning on the demand creation activities too early, 3) developing something other than the minimum feature set for first customer ship. The goal is to reach venture-scale (~10x return on investment.)

Lean 260
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SuperMac War Story 6: Building The Killer Team – Mission, Intent.

Steve Blank

But my favorite was when the public relations manager said, “we’re here to write press releases and answer the phone in case the press calls.” We will accomplish this through demand-creation activities (advertising, PR, tradeshows, seminars, web sites, etc.), Two paragraphs, Five bullets. It didn’t take more.

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The LeanLaunch Pad at Stanford – Class 5: Customer Relationship Hypotheses

Steve Blank

Many of the students had heard phrases that fall under Customer Relationships before; “customer acquisition, SEO/SEM, public relations, Social Network, Advertising, Loyalty programs, cross-sell and up-sell” etc., If their team was a web or mobile app they actually had to buy Google or Facebook ads and create demand.).

Customer 261
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The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

The meaning of alpha test , beta test, and first customer ship are pretty obvious to most engineers. The plan calls for selling in volume the day Engineering is finished building the product. To create this demand at first customer ship, marketing activities start early in the product development process. What plan says that?

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15 Entrepreneurs Share What Makes Their Business Unique

Hearpreneur

Members from the strategy team might have some insights that can help the Public Relations Team, while the PR Team might have share ideas to pitch to Creative. We raised enough money for engineering, testing and manufacturing, but I faced a dilemma. We are able to do that because: 1. Photo Credit: Pablo Borquez Schwarzbeck.

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SuperMac War Story 2: Facts Exist Outside the Building, Opinions.

Steve Blank

If you believed the opinions in the marketing department, the customers were in science, engineering, color desktop publishing, and a variety of applications with no single industry or application dominating the list. Since this was the marketing department, I was going to be planning to spend some advertising and public relations dollars.

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37 Entrepreneurs Explain Why They Started Their Businesses

Hearpreneur

So we opened the goFlow platform from surfing-only to 10 new verticals: Paddle-boarding, Diving, Fishing, Skateboarding, Cycling, Golfing, Snow sports, Boating, Kitesurfing and more to come. And this was at a prestigious engineering school. — in a class so high in demand that I had to wait several quarters to take it?