Gust

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Craft a Lean Business Plan to Serve as Your Venture’s Roadmap

Gust

But since these days everyone worships at the altar of the lean startup, it’s common knowledge that a business plan is “old school” and completely useless. The post Craft a Lean Business Plan to Serve as Your Venture’s Roadmap appeared first on Gust. All you need is a slide deck and a great team, right?

Lean 91
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The Planned Iteration Startup Launch Minimizes Risk

Gust

Eric Ries on Lean Startup methodology, via Wikipedia. I strongly recommend a dramatic departure from this model, called “planned iteration” or Lean Startup methodology, where you assume you won’t get it right the first time, so you launch with a minimum viable product (MVP). Invested Interests agile entrepreneur lean startup pivot'

Agile 163
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10 C-Level Positions That Are Red Flags For Funding

Gust

VCs and Angel investors like to see a startup that is running lean and mean, with no more than three or four of the conventional C-level or VP titles. It’s your startup, so you can give early partners any title you want, but be aware of potential investor and peer implications.

CTO Hire 171
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Build a MVP and Validate Your Plan with Customers

Gust

By this point, the word “lean” has been so used so frequently and in so many contexts that you could be forgiven for thinking that it was completely meaningless. But it’s actually quite the opposite. The reason the term—and the thinking that it represents—has swept the startup world is because it makes fundamental sense.

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Why aren’t venture capitalists lean and scrappy like the startups they fund?

Gust

This isn’t a question of hypocrisy, because the two roles aren’t at all analogous. Plato’s definition of beauty was “fitness to the end in view”, and the skills and characteristics that make for a great VC are quite different from those that make for a great entrepreneur.

Lean 152
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The Planned Iteration Startup Launch Minimizes Risk

Gust

Eric Ries on Lean Startup methodology, via Wikipedia. I strongly recommend a dramatic departure from this model, called “planned iteration” or Lean Startup methodology, where you assume you won’t get Read more >. Invested Interests agile entrepreneur lean startup pivot'

Agile 96
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New Early Stage Financing Options for Entrepreneurs

Gust

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. Lean startup. Lean startups operate on minimal money, an open source environment, and assume multiple iterations, with customer feedback, to get it right.