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A real Customer Advisory Board

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, October 26, 2009 A real Customer Advisory Board A reader recently asked on a previous post about the technique of having customers periodically produce a “state of the company&# progress report. Many companies seek to involve customers directly in the creation of their products. for H.

Building Great Founding Teams

Steve Blank

They deal with the daily crisis of product development and acquiring early customers. Customer Development Family/Career/Culture

Vision versus Hallucination – Founders and Pivots

Steve Blank

He turned his PhD thesis into a killer product, got it funded and now was CEO of a company of 30. We’re building the wrong product!”

8 Tips To Get the Most Out of Your Investors and Board

Both Sides of the Table

He wrote a post this long weekend on how he manages the board of DataSift. When it comes to your board this is something to emulate.

Four Common Startup Issues Which Threaten Survival

Startup Professionals Musings

Add an advisory board or experienced mentor to reality-check your financial projections, timeframes, and milestones before you publish them.

5 Things You Must Do to Scale Your Company

Fresh Inc.: The Staff Blog

“It’s important to leverage your networks and advisory boards,” he says. Establish key advisory networks.

How to Build a Great Founding Team

Fresh Inc.: The Staff Blog

They deal with the daily crisis of product development and acquiring early customers. Do you know how to fill each role?

[Excerpt] Earlyvangelists: The Most Important Customers of All

ReadWriteStart

and “Does our solution (a product, a website or an app) solve the problem in a compelling way?” Build a Minimum Viable Product (MVP) First.

Startup Tools

steveblank.com

It became my bible (after the real one to develop my company LocalBooking. What about Django [link] as Web Development Framework? Greg G.

Embrace technical debt

Startup Lessons Learned

Like a financial debt, the technical debt incurs interest payments, which come in the form of the extra effort that we have to do in future development because of the quick and dirty design choice. Startups especially can benefit by using technical debt to experiment, invest in process, and increase their product development leverage.

Lean 47

Startup Resources

www.vccafe.com

Steve Blank on Lean Customer Development. Firebase : Are all your developers front-end engineers? s easier to use/develop with.

How To Allocate Friends & Family Startup Capital

Business Plan Blog

Product. A fair amount of your FFF funding will likely go towards product development. Depending on the complexity of your product you may or may not be able to complete a working prototype or beta version with your FFF capital. Founding Team, Key Hires, Advisory Board. Business Plan. Legal. Startup Fundin

Pivot, don't jump to a new vision

Startup Lessons Learned

Each has its own iterative process: customer development and agile development respectively. The hardest part of entrepreneurship is to develop the judgment to know when its time to change direction and when its time to stay the course. IMVU had a roughly two-month-long development cycle. Both are lethal outcomes. for H.

90 Things I've Learned From Founding 4 Technology Companies

betashop.com

It’s all about the product. The only thing that matters is how good your product is. At Fab, our virtual product is our website & apps, our physical products are the merchandise we sell, and our experience product is our operations and service. Getting all 3 parts of our product right is everything.

5 startup investments in 5 industries: How can Practica Capital handle this?

ArcticStartup

We also helped with setting up their legal entity, IP issues, other legal agreements, KPI's, budget, product lineup. We decided to ask directly.

Seven Reasons Why Customer Reference Programs Fail

YoungUpstarts

What could make more sense than to leverage the enthusiasm of happy customers to convince buyers that they need your products and services?

A Compilation of the Web's Best Advice for Entrepreneurs

Platforms and Networks

Sequoia on elements of a great business plan Netscape and Ning co-founder Marc Andreessen on team vs product vs market as key factors for startup success and what to do when VCs say "no" (NEW 11/29 - thanks to Steve Blank) Entrepreneurial marketing guru Sean Ellis on milestones for startup success. Great list. Tom, well done - solid list.

How to listen to customers, and not just the loud people

Startup Lessons Learned

In the very early days, the trick is to find anyone at all who can understand you when you are talking about your product. In our first year at IMVU, we thought we were building a 3D avatar chat product. As product people, we thought of competition in terms of features. Establish a customer advisory board. for H.

Lessons Learned: About the author

Startup Lessons Learned

He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms. Because of IMVUs reputation, Ive also had the opportunity to serve as an advisor or board member for more than a dozen startups. So much for timing. Connect (off)line?

Lean 22

Startups & VCs: Learn How to Design, Market, & Eat Your Own.

500 Hats

Startonomics SF 2008) Startup Metrics: Sample User Conversion Dashboard Startup Metrics: Example Marketing Channels Startup Metrics: The 1-Page Business Model Successful Developer Platforms Have 3 Things: Features, Users, Money. designers, product managers & [technical, analytical] marketers are usually WAY MORE IMPORTANT than coders.

Worst Case Survival Guide for Startups

Startup Professionals Musings

Add an advisory board or experienced mentor to reality-check your financial projections, timeframes, and milestones before you publish them.

Case Study: Using an LOI to get customer feedback on a minimum.

Startup Lessons Learned

Lessons Learned by Eric Ries Friday, October 23, 2009 Case Study: Using an LOI to get customer feedback on a minimum viable product How much work should you do on a new product before involving customers? But other times, the right way to learn is actually to show a product prototype to customers one-on-one. Yes and no. Wrong.

Lean 14

Customer research series: why do qualitative research?

Startup Musings

For this series, I am using the word “customer&# broadly – to include prospects as well as existing customers who have already purchased a product, and to include both buyers and end users. This is what I love most: getting out of the office and talking to customers. I will clarify where necessary in specific posts.

A large batch of videos, slides, and audio

Startup Lessons Learned

pbWorks (formerly pbWiki) was one of the first companies that ever invited me to join their advisory board. Expo SF (May. for H. for Har.

Asking the right questions of the right people

Startup Musings

There are generally two types of customer research that directly impact product development: P roduct discovery research. This is what typically happens at the beginning of a new product development effort. Product research. One of the trickiest things about customer research is subject recruitment.

The lean startup @ Web 2.0 Expo (and a call for help)

Startup Lessons Learned

The Lean Startup: a Disciplined Approach to Imagining, Designing, and Building New Products.: I would love to be on your advisory board.

Lessons Learned: Inc Magazine on Minimum Viable Product (and a.

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, October 19, 2009 Inc Magazine on Minimum Viable Product (and a response) Inc Magazine has a great new piece up about the increasing use of the Minimum Viable Product by businesses (and not just startups). Like many companies, TPGTEX rolls out new products several times a year. Read the rest.

Setting And Shaping A Strong Startup Culture

Seed Stage Capital

From that broad pool, I have worked closely with about 100 firms, on a variety of business plan, business development, and fund-raising projects.

Doing It Right the First Time: The 15 Most Common, but Avoidable, Mistakes Made by High Growth Start-ups

VC Deal Lawyer

Or, imagine your early CTO hire does not have the level of experience he/she professed in the interview or on his/her resume and the company is going to lose 3 months of product development while trying to fill that position. Otherwise, you may not be able to develop the kind of return your investor is looking for. Artwork.

Talk to your target customer in 4 easy steps

andrewchenblog.com

If you haven’t finished developing your product yet, that’s no excuse! Customer driven products are the only way to go.

Ex-Floobs Team Goes After Music Business With GigsWiz

ArcticStartup

GigsWiz is developing a set of statistics and analytics tools for the live music industry. Related Posts. Floobs video interview.

Myth: Entrepreneurship Will Make You Rich

Startup Lessons Learned

So why become an entrepreneur instead of developing technology in an R&D lab? So why become an entrepreneur instead of developing technology in an R&D lab? The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? It isn’t. But only startups combine all three. It isn’t. for H.

Innovation inside the box

Startup Lessons Learned

Lessons Learned by Eric Ries Sunday, October 11, 2009 Innovation inside the box I was recently privy to a product prioritization meeting in a relatively large company. The team spent an hour trying to decide on a new pricing strategy for their main product line. It was fascinating. The whole process had taken. Boy was I wrong. for H.

The curse of prevention

Startup Lessons Learned

I’ve lived through the over-architecture failure – where attempting to prevent all kinds of problems wound up delaying the company from putting out any product at all. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? I have detected a secret virus in your CPU. Did you do it? Right.