Startup Professionals Musings

AUGUST 19, 2020

Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

Both Sides of the Table

MAY 26, 2011

The management team has to have a bias toward making decisions. There is an old management adage that says, “Hire slowly, fire fast.” Hire Slowly? I also subscribe to the views that you should always be recruiting (ABR) and when great people pop up you hire them and then find a way to make the role fit.

Hiring 335

Hiring Technical Review Startup Framework 335

YoungUpstarts

MARCH 13, 2017

Clearly, other small businesses are finding productive, efficient ways to grow, and you may be wondering what steps you can take to foster growth and development in your venture. Develop a Thoughtful Plan. One of the most crucial steps you can take to foster growth is to develop a thoughtful business and growth plan.

Small Business 157

Small Business Developer Social Media United States 157

Steve Blank

OCTOBER 15, 2019

What had previously been a strength – their great management processes – now holds back their ability to respond to new challenges. HR processes, legal processes, financial processes, acquisition and contracting processes, security processes, product development and management processes, and types of organizational forms etc.

Government 315

Government Technical Review Acquisition Metrics 315

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. It has to be found and managed.

Product Development 88

Product Development Developer San Francisco Product 88

Transformify

MARCH 14, 2020

’’ Diversity hiring is not about ticking boxes in checklists or having all groups represented whatever the definition might be across different geographies around the world. So, who benefits the most from work from home jobs and diversity hiring programs? Work from home jobs & Hiring Neurodiverse People.

Hiring 98

Hiring Bulgaria Italy Spain 98

Both Sides of the Table

OCTOBER 12, 2010

Even if you don’t have “direct&# sales I would tell you that “everything is a sale&# including fund raising, hiring, getting press and doing business development. One of the biggest mistakes I see early-stage startups making is hiring “seasoned&# sales professionals or hiring people too senior, too early.

Hiring 346

Hiring Sales Startup Early Stage 346

YoungUpstarts

MAY 3, 2017

From product development to market research, many startups are one-person operations in their early days. If you’re a first-time entrepreneur, I’m willing to bet you work longer hours than necessary trying to manage easily outsourced tasks. You’ll find your to-do list growing shorter and more manageable.

Technical Review 113

Technical Review Management Arizona Software Review 113

YoungUpstarts

JULY 30, 2019

So, what you do now is that you basically approach a development company, you put up your requirements to them and then after discussions the company promises you to deliver the app one year later. So, after two weeks, you’ll give the product its increment which is basically turning it out into a potentially shippable product.

SCRUM 113

SCRUM Software Review Hiring Agile 113

YoungUpstarts

JULY 29, 2020

If you’re looking to develop some software, you may not know how to create a software project that will be successful. Maybe it all comes down to hiring the best developers? Read on, and you’ll learn the basics of developing a successful software project. Finding Developers.

Software 189

Software Software Developers Software Development NDA 189

YoungUpstarts

MARCH 12, 2020

Different ways of working are better suited to different industries and business sizes, so it’s crucial to consider these sorts of things before you begin hiring or go to market. Also known as a system on module, SOM offers companies a unique strategy when it comes to developing products while keeping customizability fully possible.

SCRUM 147

SCRUM Software Review Technical Review Differentiation 147

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. Thus my job as a small business advisor really is really more about getting you developed than perfecting the business.

Leadership 248

Leadership Technical Review Cofounder Social Media 248

YoungUpstarts

APRIL 17, 2018

by Felix Winstone, Co-Founder and Managing Director at Talkative. As a new entrepreneur or business owner, the most important thing you will do is hire talent. Hiring = Sales. Robert Metcalfe, co-founder and CEO of 3Com, says you need to think about it as “recruiting, not hiring”. What does the right hire look like?

Cofounder 164

Cofounder Elevator Pitch Hiring Dividend 164

Startup Professionals Musings

SEPTEMBER 29, 2018

Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

Version One Ventures

AUGUST 26, 2016

There’s a lot of debate surrounding the right time to bring executive level hires into your start-up. Every start-up is unique so the same path won’t work for every company and management team. With that said, here are some general guidelines I have developed over the years for building a management team.

Part-Time VPE 60

Part-Time VPE Management Finance Vertical 60

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

YoungUpstarts

JULY 16, 2019

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. Develop a software solution. Discuss the suitable tools with your development team. Hourly rate.

eCommerce 113

eCommerce Software Developers Software Development Hosting 113

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

Both Sides of the Table

FEBRUARY 6, 2013

But not anal if one founder who shares equity graciously with early employees who are treated as “co-founders” My idea startup team is heaving on tech personnel but also has strong product management. Without strong PMs you build crappy products that nobody needs or that real people can’t use.

Cofounder 388

Cofounder Early Stage Startup Silicon Valley 388

Startup Professionals Musings

OCTOBER 5, 2014

Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cashflow personally every day.

Burn Rate 262

Burn Rate Hockey Stick Entrepreneur Salary 262

View from Seed

JULY 5, 2022

CC: Our customers are companies that are collecting, managing, and tracking their ESG data. . One hour I’m deep into product development, the next I’m thinking about our hiring needs and recruiting, to the next on a sales call. RH: Who are your customers? My favorite part is how many different hats I wear.

DC 156

DC Software Review Government Boston 156

Up and Running

SEPTEMBER 11, 2020

Take a closer look at how you manage your company. Not putting resources into staff development. When a team isn’t meeting goals, some companies hire a third-party expert to fix the problem. After all, isn’t it more cost-effective to pay one specialist instead of having to hire and train more people? Think about it.

Cost 150

Cost Technical Review Salary Social Media 150

YoungUpstarts

JUNE 10, 2013

Cell phones, laptops for traveling employees and website development will have to be included among the technological costs, as well. Website development has become a necessity for all businesses that are looking forward to establishing a modern and innovative image. Product Development and Marketing.

Cost 183

Cost Startup Web Development Finance 183

Steve Blank

SEPTEMBER 5, 2018

He just hired Meg Whitman. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. First Movers” didn’t understand customer problems or the product features that solved those problems (what we now call product-market fit). The result?

Lean 335

Lean Burn Rate Startup IPO 335

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

The Startup Magazine

JUNE 17, 2021

The journey to success often requires consistent self-development, an area that an advanced qualification can help you thrive. If the communication with your employees is confined to little more than a regular Zoom meeting or the occasional email chain, there are still many aspects of management and leadership that need to be addressed.

Analytics 174

Analytics Technical Review Social Media Software Review 174

Startup Lessons Learned

OCTOBER 5, 2008

Lessons Learned by Eric Ries Sunday, October 5, 2008 The product managers lament Life is not easy when youre working in an old-fashioned waterfall development process, no matter what role you play. The product manager was clearly struggling to get results from the rest of the team. Frustration is mounting.

San Francisco 158

San Francisco Management Software Review Product 158

Startup Lessons Learned

SEPTEMBER 7, 2008

Lessons Learned by Eric Ries Sunday, September 7, 2008 Customer Development Engineering Yesterday, I had the opportunity to guest lecture again in Steve Blank s entrepreneurship class at the Berkeley-Columbia executive MBA program. Ive attempted to embed the relevant slides below. Talk about waste.

Customer Development 131

Customer Development Engineer San Francisco Developer 131

Startup Professionals Musings

JULY 3, 2012

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Trusted partners quit, personal friends become enemies, and staff management becomes a huge burden.

Advisory Board 240

Advisory Board Forecast Early Stage Product Development 240

ReadWriteStart

JULY 12, 2023

InvGate , a provider of IT service management and IT asset management solutions, has secured $35 million in a growth round to fuel its international expansion. InvGate’s products are made to simplify IT management for businesses with 50-50,000 employees.

United States 121

United States Management Mexico Artificial Inteligence 121

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. Steve Blank has devoted many years now to trying to answer that question, with a theory he calls Customer Development. a roadmap for how to get to Product/Market Fit."

Customer Development 168

Customer Development Developer San Francisco Customer 168

The Startup Magazine

OCTOBER 19, 2020

Capturing and analyzing data enables companies to get insights that benefit their companies in cost-saving, relevant marketing, product development, etc. These days, instead of hiring an MBA from a big university, companies need Data Scientists. you can align your products’ improvements.

Technical Review 153

Technical Review Forecast Analytics Social Media 153

Startup Professionals Musings

SEPTEMBER 14, 2016

Don’t wait until you are almost out of cash before managing every dollar spent, or looking for the next refueling from investors. As a mentor to many entrepreneurs and startups, here are my best recommendations for keeping the burn rate low, planning ahead and maintaining credibility with investors: Manage cash flow personally every day.

Burn Rate 120

Burn Rate Hockey Stick Startup Salary 120

David Teten

OCTOBER 1, 2015

But, you need to build that first product right. On the other side of the equation, there are a growing number of design, development, and digital media shops who are hungry to expand, or swap focus, to building a company that’s more than just a service shop. Do I think the model can work? It’s all about the founders. Photo credit.

Software Developers 60

Software Developers Software Development Software Developer 60

ConversionXL

AUGUST 24, 2021

it’s no surprise that people are looking at how to become a marketing manager. In this article, you’ll learn what you can expect in the role, how you can demonstrate your worthiness to become a marketing manager (at your current place or in greener pastures), and how to present your case for a promotion. Others get creative.

Management 141

Management Marketing Campaign Social Media 141

Startup Professionals Musings

APRIL 20, 2011

There are unknowns at every turn, leading product development, attracting customers, managing cash, and dealing with human resources and office politics. Trusted partners quit, personal friends become enemies, and staff management becomes a huge burden.

Advisory Board 232

Advisory Board Startup Forecast Early Stage 232

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. I have personally sold many copies of his book, and continue to recommend it as one of the most important books a startup founder can read.

Customer Development 166

Customer Development Developer San Francisco Customer 166