Startup Lessons Learned

MAY 27, 2009

Lessons Learned by Eric Ries Wednesday, May 27, 2009 Austin: the Lean Startup tour continues Next week I head to Austin, TX for my first visit ever. The Lean Startup is a practical approach for creating and managing a new breed of company that excels in low-cost experimentation, rapid iteration, and true customer insight.

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Steve Blank

NOVEMBER 5, 2009

Did the partner have a good or bad day, etc. Your presentation doesn’t have a single word about Lean Startups or Customer Development. We were able to raise a Seed round from Bessemer Venture Partners on a powerpoint idea, and never found the repeatable customer model. Did the VC’s like your team ? In fact, just the opposite.

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Steve Blank

AUGUST 31, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Or at times an even more honest answer, “My senior partners say this is the only way to do it.” Product Development Diagram 1.

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Steve Blank

DECEMBER 7, 2009

The initial hypothesis for Epiphany (from my much smarter partner Ben ) was that as departments in the enterprise (manufacturing, finance, customer support sales) became automated, the marketing department would eventually get its turn. This is the pivot, a crucial tactical maneuver for the lean startup [.] Are These Your Slides?

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Steve Blank

NOVEMBER 16, 2009

However the Customer Development Model and the Lean Startup work equally well for startups on the web. Union Square Ventures The next morning I got to spend time with Brad Burnham , partner at Union Square Ventures talking about their investment strategy and insights about web-based businesses. It’s an impressive portfolio.

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Steve Blank

MARCH 19, 2009

Yet two smart VC firms, Sigma and Matrix Partners, realized that somewhere in this mess there was value. And with all of that they had gone broke, out of business and into Chapter 11. Their guess was that they would find value in the high margin graphics business.

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Startup Lessons Learned

SEPTEMBER 28, 2017

Guest Post by Misti Yang, Writer for Lean Startup Co. This is the mantra of Lean teams described by Eric Ries in his upcoming book, The Startup Way. Drawing on the advice of experts and recent research, here are seven insights on how to best build a Lean team. A hallmark of Lean teams is cross-functionality. Start small.

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Steve Blank

APRIL 10, 2009

Reply One difference between VCs and Entrepreneurs « Lightspeed Venture Partners Blog , on April 20, 2009 at 7:06 am Said: [.] Reply Why Startups are Agile and Opportunistic -- Pivoting the Business Model , on April 14, 2010 at 6:32 am Said: [.] Blank: “Speed and Tempo” – Fearless Decision Making for Startups.

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Startup Lessons Learned

JULY 5, 2010

The Entrepreneur’s Guide to Customer Development includes four powerful case studies/interviews with successful entrepreneurs who have taken iterative approaches to their respective startups that very much resemble the spirit of Lean Startups and Customer Development. I found these to be particularly interesting and worthwhile.

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Steve Blank

NOVEMBER 9, 2009

I had hired the VP of marketing from a potential software partner who was responsible to get all this 3 rd party software on our computer. I’ve been on the side of your potential partners, and I know that often too much ‘persistence’ is offputting. Oh, and we had no installed customer base. u have to be creative, too.

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Startup Lessons Learned

JANUARY 2, 2010

Lessons Learned by Eric Ries Saturday, January 2, 2010 Towards a new entrepreneurship When I started writing about the lean startup , my aspiration was to do more than just share a handful of tips and tricks that work for consumer internet startups. This belief led me to the lean startup, and to an amazing 2009.

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Steve Blank

JULY 16, 2009

Meanwhile my partner was in heaven working with his newly hired group of game designers directing and producing our first games. No, not really, but my partner owns the studio and tells me it’s spectacular and everyone will love it. Go spend some time outside the building talking to potential distribution partners.

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Steve Blank

OCTOBER 8, 2009

Law firm partners often have anger management issues, but the thing about anger is that it is not always wrong to be angry — if somebody is angry at you because you did something wrong, then that anger is valid. Reply My take on Customer Development and the Lean Startup | Recess Mobile Blog , on January 9, 2010 at 5:39 am Said: [.]

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Startup Lessons Learned

SEPTEMBER 7, 2008

One major theory that has influenced the way I think about processes comes from Lean Manufacturing , where they use these same techniques to build cars. The Lean Startup Intensive is tomorrow at Web 2.0. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, But I am confident that many of these ideas still apply.

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Startup Lessons Learned

DECEMBER 31, 2010

Thank you, 2010. I can't believe a whole year has passed since I wrote a blog post called " Towards a new entrepreneurship " laying out my priorities for 2010. My belief is that the lean startup is that theory. Lean Startup Meetups are now in more than 75 cities, with more than 12,000 combined members. Verdict: FAILURE.

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Steve Blank

SEPTEMBER 14, 2009

Each VC firm/partner has a different spin on what to weigh more.) These types seem dangerous, yet are often the ones needed on board to get the fund to invest in the first place, seeing that the younger partners naturally have less pull during the Monday round-ups. I find the same still going on with a few firms and partners.&#

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Steve Blank

OCTOBER 5, 2009

He was my role model at Convergent, mentor at Ardent and partner at E.piphany. Reply Karma in the Lean Startup Era , on January 28, 2010 at 5:26 pm Said: [.] Reply steveblank , on October 5, 2009 at 2:08 pm Said: Chris, Ben was the founding VP of Engineering at Ardent. Future posts will have some Ben stories.

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Steve Blank

SEPTEMBER 24, 2009

Also, there are a variety of strategies for “easing out&# gracefully such as finding an outsourcing vendor or new partner. on July 9, 2010 at 12:50 pm Said: [.] I’ve watched new CEO’s brought into large existing consumer products companies to turn around a failing strategy. Fire might be a strong word.

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Startup Lessons Learned

OCTOBER 28, 2008

We pitch to potential partners, vendors, publishers, conferences, employees, and even lawyers. Ill exclude those non- lean startups who basically exist for the purpose of raising bigger and bigger sums of money. One last piece of advice: dont forget that potential partners are evaluating the strength of your pitch, not you.

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steveblank.com

JULY 8, 2011

AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.

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Startup Lessons Learned

AUGUST 26, 2009

As a result, the companies get a lot of exposure to VCs, investors, and partners in larger, more traditional startup hubs. I did my best to capture video and audio; a YouTube playlist and Slideshare slidecast are below: Slides (with audio): 2009 08 19 The Lean Startup TechStars Edition View more presentations from Eric Ries.

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SoCal CTO

DECEMBER 1, 2010

aka: An Open Letter to the Next Big Social Network) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. When It’s Darkest Men See the Stars - Steve Blank , November 24, 2010 When It’s Darkest Men See the Stars. but: Something is Still Missing.

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Startup Lessons Learned

MARCH 13, 2009

Establish credibility with potential partners. You need to combine your product with others, and this requires partners like OEMs or system integrators. A marketing launch can help you get in the door with those partners, if youre having trouble getting their attention. Do some Customer Development instead.

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Feld Thoughts

OCTOBER 25, 2010

We did a full day entrepreneurial retreat called “ ADPrentice 2010.&# This is the second time we’ve done this – the last time was ADPrentice 2005. Several ADP alums, including Sameer Gandhi (Accel Partners), Mark Siegel (Menlo Ventures), and Eran Egozy (founder/CTO of Harmonix) came and participated.

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Steve Blank

JULY 2, 2009

If you were a “with it” VC you needed to have a “Content&# or “Multimedia&# company in your portfolio to impress your limited partners – educational software companies, game companies, or anything that could be described as content and/or Multimedia. There appears to be a saturation point within this market space.

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Startup Lessons Learned

SEPTEMBER 12, 2008

You might get a bunch of inbound emails from other press and partners, and all of these things can contribute to a feeling that you’re on your way to getting tons of traffic. The Lean Startup Intensive is tomorrow at Web 2.0. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, It strokes your ego.

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Startup Lessons Learned

APRIL 7, 2010

Lessons Learned by Eric Ries Wednesday, April 7, 2010 Learning is better than optimization (the local maximum problem) Lean startups don’t optimize. The Lean Startup methodology does not advocate using optimization techniques to make startup decisions. That’s the local maximum. That’s right.

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Steve Blank

JULY 13, 2009

The positive effect of the tidal wave of press was as a door opener for us to raise money from corporate partners. Which at this stage of the company was marketing and financing. At the time I was a true believer that Rocket Science was going to change the gaming world.

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Steve Blank

JUNE 29, 2009

No one will say work less and go home and spend time with your partner and/or family. No one will say that it’s time to move on. No one will tell you that you are better qualified for something elsewhere.

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Startup Lessons Learned

JULY 10, 2012

I was working in manufacturing studying lean principals on the factory floor when I came up with the idea for Coffee Joulies and asked Dave if he would help me. We are still coming up with ways to improve our packaging that can keep the process lean but make an even better finished product. 2010 Winners: DODOcase 1.

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Startup Lessons Learned

JUNE 8, 2009

I got a powerful taste of datablindness recently, as I’ve started to work with various large companies as partners in setting up events, speeches, and other products to sell around the Lean Startup concept. There are lots of good reasons why I can’t have instantaneous access to this data, and each partner has their own.

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Startup Lessons Learned

DECEMBER 14, 2009

A great product enables customers, developers, partners, and even competitors to exchange their unique currencies in combinations that lead to financial success for the company that organizes them. These concepts have important implications for any lean startup. These concepts have important implications for any lean startup.

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Steve Blank

JUNE 15, 2009

And one would become my mentor and partner in later companies.) The other thing it helps clarify is that even at work, it’s the relationships that matter most (collegues, customers, partners, etc). Reply Startup vs Home Life « Nickpoint , on September 9, 2010 at 8:19 am Said: [.] Go figure.

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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.

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Startup Lessons Learned

DECEMBER 7, 2008

This is one of the bedrock practices of any lean startup , and so its a common piece of advice I give out. It exists to serve the needs of customers, and it does this by offering its capabilities to other functions in the company, and partnering with them. The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May.

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Steve Blank

AUGUST 17, 2009

The second was when a Southern Californian aircraft company decided to break into the missiles and space field by partnering with Stanford electronics expertise. The Navy informs Terman that, “money was not a problem but time was.” and the Soviet Union had nuclear weapons at this point.)

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Startup Lessons Learned

MAY 25, 2021

Eren Bali arrived in Silicon Valley from Turkey in 2010 hoping to relaunch Udemy , his online education company. But yes, I migrated from Turkey to Silicon Valley in 2010 and started Udemy. That's one of the very, very early companies that I was talking to Lean Startup about. What was that, 2009, 2010? EB : Yeah.

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