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Lessons Learned: The lean startup

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, September 8, 2008 The lean startup Ive been thinking for some time about a term that could encapsulate trends that are changing the startup landscape. After some trial and error, Ive settled on the Lean Startup. I like the term because of two connotations: Lean in the sense of low-burn.

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Traversing No-Man’s Land, The Go-To-Market Phase

YoungUpstarts

Books such as Steve Blank’s The Startup Owner’s Manual and Eric Ries’s The Lean Startup do a great job of exploring the challenges of the go-to – product phase, and identifying the importance of reaching product/market fit with a Minimum Viable Product (MVP). There are no seminal books and few insightful blogs for them to turn to.

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Is This Startup Ready For Investment?

Steve Blank

The startups in our Lean LaunchPad classes and the NSF I-Corps incubator use LaunchPad Central to collect a continuous stream of data across all the teams. The Power of the Investment Readiness Level: Different Metrics for Different Industry Segments. Investment Readiness Level (IRL) for Corporations and Investors. Medical Devices.

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Fear of Failure and Lack of Speed In a Large Corporation

Steve Blank

And worse, even if someone does manage to start something new, our management structure has so many financial, legal and HR hurdles that every initiative needs to match our existing business financial metrics, processes and procedures. There are financial metrics (Return on Investment, Hurdle Rate, etc.) Lessons Learned.

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The Lean LaunchPad – Teaching Entrepreneurship as a Management Science

Steve Blank

Dave McClure, “Startup Metrics for Pirates”, [link]. What are the key financials metrics for your business model? Any IP you need to license? What are the key financials metrics for costs in your business model? If non-web, build demand creation budget and forecast. Get real costs from suppliers. How many people?

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Excellent Analytics Tip #18: Make Love To Your Direct Traffic

Occam's Razor

So if Direct traffic is so important and often the metrics show very positive results then why don't we all obsess about it a lot more? Make your pages as lean as you can, especially campaign landing pages. Excellent Analytics Tip: The Adorable Site Abandonment Rate Metric. The Problem: Unfortunately.

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The LeanLaunch Pad at Stanford – Class 8: Key Resources, Activities and Expense Model

Steve Blank

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. Any IP you need to license? What are the key financials metrics for costs in your business model? Filed under: Business Model versus Business Plan , Lean LaunchPad , Teaching. Any hardware or software you need to buy?