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3 Major Product Fails, And How To Avoid Their Mistakes

YoungUpstarts

Green ketchup, bottled water for pets, airport security “action figures”, yogurt shampoo – there have been some pretty epic product failures over the years. However the reality is that a significant majority of products don’t succeed. An estimated 75 to 95 percent of new products fail in the marketplace.

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Lessons Learned: What does a startup CTO actually do?

Startup Lessons Learned

What does your Chief Technology Officer do all day? When Ive asked mentors of mine who have worked in big companies about the role of the CTO, they usually talk about the importance of being the external face of the companys technology platform; an evangelist to developers, customers, and employees. Heres my take.

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The new startup arms race (for Huffington Post)

Startup Lessons Learned

Luckily for the rest of us, he was able to find his path to a green card, and now employs 24 Americans in West Lafayette, Indiana. The United States is locked in a new arms race for that most precious resource -- the future entrepreneurs upon whom economic growth depends. He started Passageways Inc. He started Passageways Inc.

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Lessons Learned: Achieving a failure

Startup Lessons Learned

Build a world-class technology platform, with patent-pending algorithms and the ability to scale to millions of simultaneous users. Without conscious process design, product development teams turn lines of code written into momentum in a certain direction. This is why agility is such a prized quality in product development.

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Lessons Learned: The one line split-test, or how to A/B all the time

Startup Lessons Learned

For example, by making this button green, did more people click on it? That green button was part of a customer flow, a series of actions you want customers to complete for some business reason. You just constantly test little micro-changes and follow a hill-climbing algorithm to build your product. One last note on reporting.

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26 Entrepreneurs Explain Their Major Accomplishments in 2017

Hearpreneur

I’m no stranger to startups, having launched my digital marketing agency Creative Click Media from the ground up in 2011, but tackling an ecommerce yoga business was a completely new entrepreneurial adventure for me. I’m proud of the awesome new products we were able to offer customers in 2017.

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The Steve Jobs method

Startup Lessons Learned

Having so few products means Apple can dedicate enormous resources to each project once it gets the green light. Also SJ's obsession with better taste (positively) contributes to the overall product development process. There are some good anecdotes about Chief Engineers in the Toyota Product Development Book.