Startup Lessons Learned

JANUARY 30, 2018

They take on many priorities—for example, working on 3 product development projects simultaneously—and then work hard to accomplish all of them, which means they cannot go all in and obsess over a few things. “Do Top performers found a third way: they matched their passion with purpose.

Metrics 349

Metrics Startup Lean Detroit 349

Steve Blank

JANUARY 6, 2014

In the last few years Agile and “Continuous Deployment” has replaced Waterfall and transformed how companies big and small build products. Agile is a tremendous advance in reducing time, money and wasted product development effort – and in having products better match customer needs.

Continuous Deployment 331

Continuous Deployment Customer Agile Cloud 331

Up and Running

OCTOBER 10, 2018

You might develop a fairly simple business plan first as you start a small business, and that might be enough for you. This is an excellent use of the Lean Business Planning methodology , based on a simple Lean Plan combined with regular updates and revisions. And you can do a simple Lean Business Plan in less than an hour.

Startup 114

Startup Forecast Lean Balance Sheet 114

Steve Blank

SEPTEMBER 24, 2009

When a startup finds a repeatable sales process and steadily increasing revenue, its investors wants to harvest the rewards and build a culture of “execution.” 5) The customer’s needs don’t match your long term direction. 2) They don’t care about your profitibility and ultimately, your staying power.

Customer 214

Customer Silicon Valley RSS California 214

Steve Blank

MARCH 11, 2015

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. They’ve figured out the revenue model (subscription, license, direct sale, etc.)

Widget 120

Widget Lean Business Model Metrics 120

ConversionXL

SEPTEMBER 10, 2012

how they describe the type of services they offer, you can word the copy on your site to match the conversation in their head (very important!). how they choose and compare products in your category, you know how to structure and prioritize content on your site. In Lean Startup methodology, it’s called a pivot.

Audience 122

Audience Analytics B2B eCommerce 122

betashop.com

OCTOBER 8, 2012

million registered users, 7500 supplier partners, 600 team members, and a run-rate of more than $150M in sales in just 15 months. I firmly believe that in this age where the product development life-cycle is so short and user feedback comes so quickly, you will know within a year whether you are focusing on a worthwhile one thing.

Technical Review 108

Technical Review Technology Software Review Valuation 108

techcocktail.com

OCTOBER 23, 2010

But while you are small and lean, take advantage of everyone skills; if someone on your team is a great writer, have them take charge of your press releases and marketing content. be the manager and product developer). Talent: Each team member needs to have talent – they all need to own their abilities and focus on their assets.

San Francisco 44

San Francisco Startup PHP San Diego 44

K9 Ventures

AUGUST 13, 2010

So the departments either didn’t have the capacity to pay or it would be an endless sales-cycle, where we would spend lots of time on the sales, but it still wouldn’t close. I tell these stories to lay the groundwork for what I am going to call Revenue Development. In a nutshell, Product Development is about building something.

Revenue 72

Revenue Developer Java Customer Development 72

Steve Blank

DECEMBER 8, 2015

In contrast, Facebook’s acquisition of the virtual reality hardware company Oculus still requires significant product development, identification of a viable business model – and the target market and revenue may never materialize. W hat would be the charter for our Innovation Outpost?

Silicon Valley 120

Silicon Valley Acquisition Boston Early Stage 120

Up and Running

MARCH 1, 2016

billion in total industry sales. Just remember, when you’re pricing your product: Your starting price defines you. If you have multiple products, your price may even affect sales. Pricing a product right is as much an art as it is strategy informed by careful research. In 2011, it accounted for approximately $2.3

Non-disclosure Agreement 60

Non-disclosure Agreement NDA Non-Compete Naming 60

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

You have your general management meeting and in your general management meeting you talk about product development, about marketing and about finance. Another idea would be to say matching up. the sort of pain solution match-up process can work. You clearly can produce a product and so on. Edwin: I know.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

Startup Lessons Learned

DECEMBER 16, 2008

I wrote about this challenge for iPhone developers, in an essay on retention competition : the battle over what icon the user will click when they go to the home screen. At that point, theres no opportunity for marketing or sales; the battle is already won or lost in the persons mind. The Lean Startup Intensive is tomorrow at Web 2.0.

Viral 140

Viral San Francisco Lean Continuous Deployment 140