Startup Lessons Learned

SEPTEMBER 15, 2008

I am heavily indebted to earlier theorists, and highly recommend the books Lean Thinking and Lean Software Development. I also owe a great debt to Kent Beck, whose Extreme Programming Explained: Embrace Change was my first introduction to this kind of thinking. (So Learning is better than optimization (the local ma.

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Transformify

MARCH 14, 2020

At the same time, the stock markets collapsed, and most businesses already report skyrocketing losses, unmet revenue targets and insufficient stock due to production slow down in China, India and the rest of the world. So, who benefits the most from work from home jobs and diversity hiring programs?

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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? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal.

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Customer San Francisco Lean Hockey Stick 167

Startup Lessons Learned

SEPTEMBER 22, 2008

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. The AARRR model (hence pirates, get it?)

San Francisco 167

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Transformify

JULY 13, 2019

Some people naturally have superb communication skills and are good at sales and marketing, others are inspired by numbers and good at managing budgets and convincing investors in what the potential ROI might be, others are great engineers. Absolutely and this is the core of one of the programs we have here at Rutgers Business School.

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Hiring Entrepreneur Startup Angel Investor 66

YoungUpstarts

OCTOBER 10, 2012

Talented product developers. Your most powerful growth engine is your existing customer. When 3M brought “lead users” into its innovation process, they improved revenues by a factor of eight times over innovations from internal product developers. Highly trained salespeople. Even PhD analytics eggheads.

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Customer Fractional CTO Canada Technical Review 154

ConversionXL

NOVEMBER 17, 2020

Since then, we have helped over 45 million learners improve their lives through programming while making major improvements to our product—driven by experimentation. As a subscription business, we knew that small repeatable wins could compound to earn us millions of dollars in additional revenue.

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Startup Lessons Learned

FEBRUARY 20, 2009

Its had tremendous impact in many areas: continuous deployment , just-in-time scalability , and even search engine marketing , to name a few. I owe it originally to lean manufacturing books like Lean Thinking and Toyota Production System. The batch size is the unit at which work-products move between stages in a development process.

San Francisco 161

San Francisco Software Review Continuous Deployment Development Team Review 161

YoungUpstarts

MARCH 5, 2018

From smart cities and driverless cars to artificial intelligence, big data, CRM and SaaS, 2018 is ripe for technology companies to achieve record revenue and profits. Ahead of CES, product development teams scrambled to make sure their shiny new product was ready for prime time.

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Startup Lessons Learned

NOVEMBER 14, 2013

We’ve posted the full program for The Lean Startup Conference , and it includes more than three days of events for Gold pass holders and six days of events for VIP pass holders. We asked him a few questions to learn about continuous delivery, why it’s useful, and what engineers and management need to do to implement it.

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ReadWriteStart

JANUARY 27, 2011

This partnership speaks to a core philosophy of the program where we encourage entrepreneurs to get as much customer validation as possible before raising too much money, use other people's channels if you can get to them, don't burn too much cash, and all that good fiscal conservative stuff. million in revenue. Photo by nosheep.

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www.lanceglasser.com

MAY 13, 2012

A Model for Return on Engineering Expenses. Product development. Queuing theory and product development. A Model for Return on Engineering Expenses. The Essential Product Investigation Phase Gate. The CFO is not responsible for making revenue every quarter, but if there is a big surprise, fire him.

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Austin Startup

NOVEMBER 16, 2010

Calxeda is on track with its business and ARM-based product development plans, moving toward providing first samples of its industry-changing technologies in 2011. He was previously Senior Vice President, responsible for product lines and manufacturing operations, at SigmaTel through its 2003 IPO and then acquisition by Freescale.

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Naming Hiring Technical Review Virginia 59

Seeing Both Sides

FEBRUARY 25, 2016

Growing revenue and profits is a core objective of most companies, and it is the responsibility of every function to contribute to the pursuit of this goal. The Growth Manager function typically lives at the intersection of marketing and product development, and is focused on customer and user acquisition, activation, retention, and upsell.

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Management Analytics Technical Review Framework 20

Seeing Both Sides

FEBRUARY 25, 2016

Growing revenue and profits is a core objective of most companies, and it is the responsibility of every function to contribute to the pursuit of this goal. The Growth Manager function typically lives at the intersection of marketing and product development, and is focused on customer and user acquisition, activation, retention, and upsell.

Management 20

Management Analytics Technical Review Framework 20

Startup Lessons Learned

JUNE 15, 2009

Continuous deployment is another such technique, one with a unique power to change development team dynamics for the better. One is used by engineers to refer to the process of getting code fully integrated into production. In traditional batch-and-queue development, these two concepts are linked. Why does it work?

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Continuous Deployment Software Review San Francisco Lean 167

Startup Lessons Learned

JUNE 5, 2009

I think this idea is particularly appealing to those of us from an engineering background. And so the spreadsheet is built with conservative assumptions, including a final revenue target. No matter how low we make the revenue projections for this new product, it’s extremely unlikely that they are achievable.

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San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

DECEMBER 23, 2009

If all the engineers work on the same thing at the same time, and all the marketers do the same, and QA, and ops, all the way down the line, then each department develops its own team-based private reality. They were accustomed to measuring their progress primarily by gross revenue compared to their targets.

Metrics 167

Metrics San Francisco Lean Continuous Deployment 167

Startup Lessons Learned

DECEMBER 28, 2009

Thats a perfectly reasonable reaction, given that most releases of most products are bad news. Even worse, the sad state of product development generally means that the new "features" are as likely to be ones that make the product worse, not better. Thats good for QA and for engineers. Faster (and better) feedback.

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Continuous Deployment San Francisco Lean Metrics 122

Austin Startup

AUGUST 20, 2017

I’m never surprised when I see product development driven by engineers proceeding at top speed developing the next cool thing. I am very surprised when that cool thing actually meets a customer need or drives revenue. As a founder, you need to install a feedback mechanism that keeps development inside the fences.

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Technical Review Software Review Cap Table Securities and Exchange Commission 48

Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. The Product Development Diagram Emerging early in the twentieth century, this product-centric model described a process that evolved in manufacturing industries.

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Startup Lessons Learned

JANUARY 2, 2009

We were even more embarrassed by the pathetically small number of customers we had, and the pathetically low amount of revenue we had earned so far. We’d always cringe as we admitted that, no, we really only had a few thousand customers and a few thousand dollars in monthly revenue. Retention cohort analysis. I am chugging along.

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Startup Lessons Learned

JANUARY 15, 2010

Usually, they are delivering only a fraction of the revenue they promised. Usually, they are delivering only a fraction of the revenue they promised. Lets return to our team thats failing to hit their targets. They are on-schedule and on-budget, but their gross metrics are way off. Learning is better than optimization (the local ma.

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Hockey Stick San Francisco Entrepreneur Lean 105

Startup Lessons Learned

NOVEMBER 17, 2008

Strategy - startups first encounter this when they have the beginnings of a product, and theyve achieved some amount of product/market fit. If youre making revenue, you should be finding ways to grow it predictably month-over-month; if youre focused on customer engagement, your product should be getting more sticky, and so on.

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San Francisco Lean Continuous Deployment DC 88

Startup Lessons Learned

NOVEMBER 8, 2008

Customer development is a parallel process to product development, which means that you dont have to give up on your dream. Our goal in product development is to find the minimum feature set required to get early customers. This is a common mistake. Learning is better than optimization (the local ma.

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Customer Development Developer San Francisco Customer 168

Duct Tape Marketing

NOVEMBER 9, 2022

In fact, in my book in chapter nine, smart execution chapter, there's actually a formula where you can benchmark the projected revenue minus the cost, divide that by the timeframe and come up with a growth score. And that data includes looking at team capabilities, looking at resources, looking at timeline, looking at budget.

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Marketing Differentiation Sacramento Small Business 76

Duct Tape Marketing

APRIL 29, 2024

How to Be an Entrepreneur in 2024: 15 Tactics Revealed written by John Jantsch read more at Duct Tape Marketing The Duct Tape Marketing Podcast with John Jantsch In this episode of the Duct Tape Marketing Podcast, I interviewed Paul Cheek, a serial tech-preneur, educator, and software engineer. Let's go start that product development process.

Entrepreneur 40

Entrepreneur Cofounder Early Stage Artificial Inteligence 40

Austin Startup

FEBRUARY 21, 2020

In addition to entrepreneurship, she has a background in chemical engineering, supply chain management, biomedical engineering research, microbiology research, and new product development for U.S. Hugh Forrest serves as Chief Programming Officer at SXSW , the world’s most unique gathering of creative professionals.

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Startup Lessons Learned

AUGUST 24, 2009

When I reviewed a recent product development book, it immediately shot up to Amazon sales rank 300. Just like in the world of startups, we can start to use micro-scale pilot programs, executed in lean fashion, to gather real facts for making ROI decisions about new project investment. What is the right revenue model?

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Hunter Walker

MAY 20, 2013

Avoid Locality Bias in Product Development. You’re part of Google, there’s corporate pressure (and perceived quick wins) to work with other Google products. YouTube was just starting to earn revenue via a host of banner ads and one-off branded campaigns. price tag. Business processes were similar.

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Up and Running

JULY 24, 2015

Product development. If you need a little help with your product development and getting it on store shelves, you can check out Edison Nation. They can help with development and licensing, too. Small Business Administration Loan Programs. The SBA has several loan programs for startups. Edison Nation.

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Entrepreneur Small Business Administration SBA Pennsylvania 60

ConversionXL

AUGUST 30, 2018

It slows product development. It’s likely to be related to improving revenues, reducing costs, increasing the number of new customers, increasing the sales from existing customers, or increasing shareholder value. The finance team understands that content customers are less likely to churn and destabilize revenue flows.

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Design Framework Product Development Technical Review 111

Startup Lessons Learned

OCTOBER 30, 2008

Everyone from the receptionist to engineers is selling. Not just about expenses, about increasing revenue. Voluntary salary reduction program. Make sure for planned revenues you have "leading indicators" to know if you will hit it. And its hard to know if youre truly succeeding without a focus on revenue.

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Lean San Francisco Continuous Deployment DC 121

Steve Blank

NOVEMBER 2, 2009

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. And I can even imagine cases where it might burn more cash than a traditional startup. Lets see why.

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Duct Tape Marketing

NOVEMBER 1, 2017

We believe instead of setting up your marketing organization for interruption, like it’s basically been set up for the last 50 years, what if we set it up around groups of audiences that we get really close to, we build loyal and trusted relationships with, and we don’t just create one revenue stream. We create four, five.

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Cost Marketing Audience Media 38

ReadWriteStart

OCTOBER 14, 2010

These are areas that may be gaps in the portfolio of large companies, and are perfect for M&A deals in three to five years after building enough validation and $10-$20 million in revenue. Raymond has built a nice business through efficient distribution deals and will do about $250,000 in revenue this year.

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Bootstrapping Marketing Angel Investor Silicon Valley 114

Startup Lessons Learned

JULY 2, 2009

These problems can be anything: development mistakes, site outages, marketing program failures, or even internal missed schedules. I pick that example on purpose, for two reasons: 1) most of the companies I work with deal with this problem and yet 2) almost none of them have any kind of training program in place for new employees.

San Francisco 164

San Francisco Lean Technical Review Software Review 164