Startup Professionals Musings

MAY 4, 2016

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Excellent detailed resources are everywhere, including a new book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. The cost of social media done well is low.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Steve Blank

NOVEMBER 16, 2009

What metrics do we use to see if we learned enough in Customer Discovery ? I gave my boilerplate answer, “I’m a product guy and I tend to invest and look at deals that have measurable revenue metrics. However the Customer Development Model and the Lean Startup work equally well for startups on the web.

Customer Development 224

Customer Development Web Developer Customer 224

Startup Lessons Learned

MARCH 25, 2009

Lessons Learned by Eric Ries Wednesday, March 25, 2009 The Lean Startup at Agile Vancouver April 21st A surprising number of respondents in the latest Lessons Learned survey hail from one of the flourishing startup hubs in Canada. This workshop brings together leading thinkers from Lean Production and Lean software.

Agile 60

Agile Lean San Francisco Continuous Deployment 60

YoungUpstarts

AUGUST 11, 2020

by Nemanja Zunic, founder and CEO of IdeaBuddy. That doesn’t mean you need to stick to the exact business plan framework. . Also, the Execution chapter will cover your marketing and sales plan, marketing operations, milestones and metrics. . Pro Tip: Lean Startup Format. Business plan format. Advertising. ?

Business Plan 264

Business Plan Balance Sheet Lean Forecast 264

Up and Running

APRIL 9, 2019

If you’re holding regular business plan review meetings , SWOT analysis is a good framework for thinking through how you need to adjust your business strategy to meet your goals. Just like the Lean Planning approach to business planning, less is more. Brainstorm together. Our SWOT sessions took only an hour or two.

Business Plan 89

Business Plan Software Review Differentiation Framework 89

ConversionXL

FEBRUARY 3, 2022

Growth marketing borrows a concept from the lean startup methodology. They work to improve top-of-funnel metrics like brand awareness and identify opportunities to improve customer activation, retention, and referral efforts. If your campaign works and your brand awareness metrics improve, you win. What are “pirate metrics?”.

Framework 102

Framework Marketing Acquisition Retention 102

Startup Lessons Learned

SEPTEMBER 22, 2008

Master of 500 Hats: Startup Metrics for Pirates (SeedCamp 2008, London) This presentation should be required reading for anyone creating a startup with an online service component. He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Steve Blank

JULY 1, 2014

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. Since I began incorporating the Investment Readiness Level framework I’ve made three observations. But the ‘ah-hah!’

Sacramento 311

Sacramento Framework Customer Development Lean 311

Startup Lessons Learned

JULY 5, 2010

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. While the customer development framework of Four Steps is universally relevant, The Entrepreneur’s Guide updates its practices for modern startups.

Customer Development 166

Customer Development Developer San Francisco Customer 166

Startup Lessons Learned

APRIL 14, 2009

It should be even more important to the founders themselves, because it demonstrates that their business hypothesis is grounded in reality. Every board meeting, the metrics of success change. These founders have not managed, to borrow a phrase from Steve Blank , to create a scalable and repeatable sales process.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Startup Lessons Learned

JANUARY 15, 2010

Behind this analysis is a spreadsheet model, complete with detailed metrics for a set of customer behaviors that show just how valuable the new product will be. This whole framework breaks down when teams confront entrepreneurial situations in which theyre trying to build something new under conditions of extreme uncertainty.

Hockey Stick 105

Hockey Stick San Francisco Entrepreneur Lean 105

ConversionXL

MARCH 19, 2020

Greater discipline during boom times offered more flexibility during lean years. And getting it right during the lean years, Bain reports , has a massive impact on companies’ growth rate after things improve: ( Image source ). Frameworks for businesses during a crisis. ” So how do you figure out which tools you’ll need?

Marketing 121

Marketing Campaign Non-Compete Lean 121

Startup Lessons Learned

MARCH 29, 2010

Traveling the past year, I have heard loud and clear that its time for the Lean Startup movement to enter its next phase. Tactics were discussed out of context, and there wasnt an overarching framework for figuring out what works for what kinds of companies, industries, and stages of growth. Is design important to lean startups?

San Francisco 120

San Francisco Lean Continuous Deployment DC 120

Startup Lessons Learned

NOVEMBER 8, 2008

This theory has become so influential that I have called it one of the three pillars of the lean startup - every bit as important as the changes in technology or the advent of agile development. Instead, we do everything possible to validate the founders belief. We dont just abandon the vision of the company at every turn.

Customer Development 168

Customer Development Developer San Francisco Customer 168

Austin Startup

FEBRUARY 1, 2018

Use frameworks in interviews to explain your qualifications and show your thought-processes. Darren Nix , Group Manager of the Assessments product team at Indeed and founder of the Y Combinator -backed startup Interviewed (acquired by Indeed), puts it this way: “Users can’t design your product for you. from administration to politik?

Management 85

Management Product Technical Review Software Review 85

Austin Startup

FEBRUARY 24, 2018

Much of the writing on startups focuses on two elements: finding product-market fit scaling the company once #1 is accomplished For product-market fit, we have a lot of source material to work with from the last decade: Steve Blank’s leadership on Customer Development , and Eric Ries’ on the Lean Startup ?—?along Stanford’s CS183c?—?Blitzscaling

Warrant 48

Warrant Bootstrapping Framework Hiring 48

Startup Lessons Learned

AUGUST 8, 2009

This simple three-part framework underlies almost all discussions about technical design today, and it was clearly on display in the recent debates over technical debt. Lean methods present a third option: to invest in our process so that our design gets more feedback sooner and is more adaptable to changes in purpose.

Software Review 87

Software Review Design Software San Francisco 87

Startup Lessons Learned

SEPTEMBER 10, 2008

Plus, as product development teams in lean startups become adept at learning-and-discovery (as opposed to just executing to spec), its clear that some bugs shouldnt be fixed. We always have to avoid that dysfunction - even the lean manufacturing greats realized that they couldnt afford to see their manual-labor workforce that way.

Software Review 144

Software Review Technical Review San Francisco Continuous Deployment 144

Duct Tape Marketing

FEBRUARY 10, 2022

Jason is a Co-founder of Thriveal, a firm that helps entrepreneurial CPA firms connect, learn and grow. He's a co-founder of Thriveal firm that helps entrepreneurial CPA firms connect, learn and grow. You can spend on as a risk without putting you outside of the metric. Marketing Podcast with Jason Blumer.

CPA 70

CPA Technical Review Revenue Forecast 70

ReadWriteStart

SEPTEMBER 6, 2022

In this after-show, Kat Hu , from our Chief of Staff team, and I, Jonathan Siddharth , CEO, and Founder of Turing, discuss the main takeaways from our most recent TDLS episode with David Zhang, Partner at TCV. One was this is the time to “lean in and get fit” for most companies. . You may enjoy watching this After-Show episode here.

Silicon Valley 148

Silicon Valley Framework Conversion Lean 148

Startup Lessons Learned

APRIL 26, 2009

Its a key lean startup concept. Personally, the framework Ive found most helpful is MTVs "create, share, validate" feedback loop. For example, I recently created a customer validation exercise around the Lean Startup Workshop. The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May. for Harvard Business Revie.

Product Development 88

Product Development Developer San Francisco Product 88

Ben's Blog

MAY 15, 2020

In normal times, every company operates against some hypothetical growth model—a data-driven framework that describes how your product grows and how you acquire new users. In normal times, every company operates against some hypothetical growth model—a data-driven framework that describes how your product grows and how you acquire new users.

Founder 36

Founder Conversion Technical Review Cash Position 36

Startup Lessons Learned

MAY 1, 2009

Lessons Learned by Eric Ries Friday, May 1, 2009 Lean Startup webcast post-game Wow, what an incredible turnout for webcast this morning, right on the heels of a phenomenal crowd at startup2startup last night. Its been a great twelve hours for the lean startup! wogsland : Still not understanding the "lean" aspect. What a thrill.

Lean 60

Lean San Francisco Startup Continuous Deployment 60

ConversionXL

OCTOBER 13, 2015

In Lean Analytics , Alistair Croll and Benjamin Yoskovitz gave a great example of the value of cohorts, using data from a hypothetical online retailer: January. Will this cohort help me improve that metric?”. Their metric was revenue: Image Source. Cohort analysis lets you compare these two groups and discover any trends.

Conversion 48

Conversion Retention Acquisition Metrics 48

Startup Lessons Learned

MARCH 21, 2013

Lean Analytics is the latest addition to the Lean Series. If you're working on the Sticky Engine of Growth , you're focused on very different metrics from those that you care about in the Viral Engine of Growth. Finding your One Metric That Matters But it's not enough just to know "normal". to 3% a month.

Analytics 167

Analytics Lean Metrics Churn Rate 167

Startup Lessons Learned

JUNE 22, 2009

Lessons Learned by Eric Ries Monday, June 22, 2009 Pivot, dont jump to a new vision In a lean startup , instead of being organized around traditional functional departments, we use a cross-functional problem team and solution team. Thats not the goal of a lean startup. One such practice is to pivot from one vision to the next.

San Francisco 167

San Francisco Lean Continuous Deployment Agile 167

Startup Lessons Learned

JANUARY 30, 2018

We just need to give them tools, frameworks, and right encouragement. I recently spoke with a founder of an online education marketplace. If you’re a founder or working in a startup or thinking about forming or joining one, think about this. A: They need to pursue different, better metrics. That’s no surprise.

Metrics 349

Metrics Startup Lean Detroit 349

Startup Lessons Learned

FEBRUARY 11, 2009

Having had a number of years to try and answer this question at cocktail parties and social gatherings of all kinds, I thought Id try and expand on his framework a little, and then try and use these answers to help make suggestions for those who are trying to get people to buy virtual goods. The Lean Startup Intensive is tomorrow at Web 2.0.

San Francisco 102

San Francisco Continuous Deployment Lean DC 102

David Teten

DECEMBER 3, 2019

Tim Friedman, Founder, PE Stack , said, “If I could offer one piece of advice to today’s managers, it would be to take the time to understand the demands of the modern institutional LP. Russell Rothstein, Founder and CEO, IT Central Station , a product review site, said, “We see VCs on our site very often. 3) Raise capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

The Next Web

AUGUST 10, 2013

Nadav Poraz, Founder, WhoSampled. By firing events on every action, you can get metrics that track Call-to-Action buttons and compare their performance to find out which one can be optimized. Ori Goshen, Co-Founder & VP R&D, Tawkon. 12) Use lean UX principles. 2) Add Google Analytics events everywhere.

Cofounder 157

Cofounder Guerilla Startup Analytics 157

Startup Lessons Learned

MARCH 13, 2009

Founders push for it. In some ways, founders are even worse. My experience is that many founders actually have a deep anxiety that maybe they are not succeeding. Know what the success metrics are for the launch. The Lean Startup Intensive is tomorrow at Web 2.0. See if their answer is about tactics or strategy.

San Francisco 168

San Francisco PR Lean Early Stage 168

Steve Blank

NOVEMBER 25, 2013

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. And we can offer investors metrics to play Moneyball – with the Investment Readiness Level. We think we can do better. Here’s how.

Oakland 329

Oakland Incubator Lean Metrics 329

Startup Lessons Learned

AUGUST 1, 2009

One of the most common questions I get about the lean startup methodology is, "but what about Steve Jobs ?" So how do you reconcile his success with the lean startup, which seems to suggest the opposite?" Plus, the premise of the question misunderstands the lean startup, too. And he doesnt shy away from big-bang launch events.

San Francisco 166

San Francisco Lean Continuous Deployment DC 166

Startup Lessons Learned

OCTOBER 6, 2008

Lessons Learned by Eric Ries Monday, October 6, 2008 When NOT to listen to your users; when NOT to rely on split-tests There are three legs to the lean startup concept: agile product development , low-cost (fast to market) platforms , and rapid-iteration customer development. The Lean Startup Intensive is tomorrow at Web 2.0.

San Francisco 128

San Francisco Lean Continuous Deployment Agile 128

Startup Lessons Learned

OCTOBER 5, 2009

In this framework, we’ll tend to either invest in the proposed prevention or do nothing. In this framework, we’ll tend to either invest in the proposed prevention or do nothing. The Lean Startup Intensive is tomorrow at Web 2.0. Amazing lean startup resources Is Entrepreneurship a Management Science?

San Francisco 133

San Francisco Architecture Lean Continuous Deployment 133

Startup Lessons Learned

MARCH 27, 2013

The founder of PayPal, Max Levchin, had created this brilliant program to do secure transactions through PalmPilots, which is a very difficult thing to do. So if you put yourself in the PayPal founders’ shoes, you start thinking “Yes, we could shift. In fact, the story we cite in the book about PayPal speaks exactly to that.

Lean 167

Lean Silicon Valley Framework Cofounder 167

VC Cafe

JUNE 28, 2012

This past weekend I mentored and judged in my third “ Lean Startup Machine ” (LSM) at the offices of Forward Internet Group in Camden. It’s a rant really… LSM is a weekend educational program designed to teach the principles of lean startup and customer development. Have you validated the concept?

Lean 96

Lean Startup Framework Business Model 96