Remove Acquisition Remove Agile Remove Australia Remove Customer Development
article thumbnail

Hacking for Defense @ StanfordĀ 2021 Lessons Learned Presentations

Steve Blank

This was followed by an 8-minute slide presentation describing their customer discovery journey over the 10 weeks. While all the teams used the Mission Model Canvas , (videos here ), Customer Development and Agile Engineering to build Minimal Viable Products, each of their journeys was unique.

Lean 399
article thumbnail

Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. The AARRR model (hence pirates, get it?) Expo SF (May.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Paul Graham on fundraising

Startup Lessons Learned

Its the same with acquisitions. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev. Expo SF (May.

article thumbnail

Lessons Learned: Validated learning about customers

Startup Lessons Learned

Go on an agile diet quickly. With a product development team that is not shipping, any agile methodology will surface major problems quickly. Force anyone who is in customer contact to take the role of the Product Owner and insist that they deliver something new on a short regular interval. (For Perhaps thats a fallacy?

Customer 167
article thumbnail

Not crossing the chasm

Startup Lessons Learned

In a subscription business, maybe your attrition starts matching your acquisition, balancing like magic. In an eyeballs business, you just cant seem to acquire or activate that next step-up of customers. Or your cost of customer acquisition just magically floats up to match your customer lifetime value.

article thumbnail

What is a startup?

Startup Lessons Learned

To see proof of this, simply observe the results of the large majorities of corporate acquisitions of startups. Fundamentally, the lean startup is a methodology for coping with uncertainty and unknowns with agility, poise, and ruthless efficiency. A startup is greater than the sum of its parts; it is an acutely human enterprise.

article thumbnail

Lessons Learned: The App Store after the gold rush

Startup Lessons Learned

The App Store is a channel for customer acquisition. I think its helpful to think about two kinds of competition for distribution: acquisition competition and retention competition. Acqusition competition is how new apps get new customers. So what can you do? Then, if your retention is good enough, you can stay there.