Startup Professionals Musings

MARCH 22, 2023

Jeff Bezos now manages Amazon, which encompasses over 40 subsidiaries and operates worldwide. Rather than a focus on salary and perks, your focus is on customers, revenue, and operations. The return and satisfaction were greater than the cost. Use metrics and data to quantify progress and return.

Metrics 279

Metrics Startup Agile Salary 279

ReadWriteStart

JANUARY 25, 2021

In line with this, HR leaders will have to remain agile, forging culture-based connections when they can while still preserving the structure of the business. This is favorable as a cost-saving measure, but it also introduces more flexibility into the organization. The Gig Economy: Here to Stay?

Artificial Inteligence 150

Artificial Inteligence Algorithm Retention Software Review 150

ReadWriteStart

APRIL 5, 2021

Many of these businesses have had plans to retain this operational model permanently – but a great deal of these changes were intended to be temporary measures to accommodate the pandemic. . Instead, its better to design your workflows and operational model from the ground up with remote work in mind. . Ongoing office costs.

Startup 120

Startup Security Operations Agile 120

The Startup Magazine

APRIL 29, 2018

Automation in IT helps in mitigating the IT operations risk, reducing costs, improving standards enforcement. It increases operational efficiency and reduces the negative effects of complexity. The IT process automation should be the primary step in IT operations management, organizational designs, investments and supports.

Operations 65

Operations Architecture Cost Technical Review 65

YoungUpstarts

APRIL 21, 2013

Through rapid experimentation, short product development cycles, and rigorous measurements of the right metrics, they can ascertain what customers really want. Customer development (the understanding of customer needs) must be married to agile development (a process which drives waste out of product development).

Lean 193

Lean Technical Review North America Startup 193

Steve Blank

MARCH 26, 2019

The class was unique in that it was 1) team-based, 2) experiential, 3) lean-driven (hypothesis testing/business model/customer development/agile engineering). When we started this class, the concept of Lean (business models, customer development, agile, pivots, mvp’s) was new to everyone. Class Velocity/Depth.

Lean 248

Lean Business Model Balance Sheet Video 248

Steve Blank

MARCH 31, 2014

In fact, it was only 7 years ago that Apple shipped its first iPhone and Google introduced its Android operating system. Metrics like Return on Net Assets, Return on Capital and Internal Rate of Return are the guiding stars of the board and CEO. But remember—in public companies financial metrics take precedence.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

ConversionXL

JUNE 19, 2019

Set targets: metrics to tackle the overarching goal for your product lifecycle. We need a metric or KPI that shows how good we are at increasing the likelihood that someone will convert in the future. Brand voice must represent who you are as an organization, your mission, how you operate, etc. Shapes the curve of your business.

Agile 90

Agile Analytics Algorithm Software Review 90

ConversionXL

APRIL 3, 2019

Why our CRO jobs will die: Teams operate at different paces. There are tons of metrics you can monitor: Conversion rate; Bounce rate ; Click-through rate ; Pageviews; Lead captures; Purchase conversion rate. Setting up your experiments for success: Define success metrics. It costs money to learn. Not anymore. million.

Artificial Inteligence 114

Artificial Inteligence Technical Review Metrics SEO 114

ConversionXL

AUGUST 4, 2020

You do CX a disservice if you focus only on metrics like NPS. To succeed, you need to tie your improvements directly to revenue, reduced churn , lower operational costs, etc. waterfall, agile , etc.)? waterfall, agile, etc.)? You should still set out the hires you need to make and any operational team changes (e.g.,

SQL 117

SQL Software Review Agile Metrics 117

Steve Blank

OCTOBER 24, 2017

Replacing the founder when the company needed to scale was almost standard operating procedure. While 20th century metrics were revenue and profit, today it’s common for companies to get acquired for their user base. Sandberg had been the vice president of global online sales and operations. The founders.

Founder 245

Founder Technical Review CTO Hire IPO 245

Duct Tape Marketing

JUNE 20, 2023

Key Takeaway: Digital transformation requires organizations to rewire their processes and operations, leveraging new technologies to achieve value. Every year inbound brings together leaders across business, sales, marketing, customer success, operations, and more. 07:01): And a real fundamental change in the operating model.

Technical Review 65

Technical Review Silicon Valley Generative AI Arizona 65

Hearpreneur

SEPTEMBER 15, 2021

Cell phone companies continue to entice users with low-priced, higher-quality plans, but these plans have a hidden cost. When you add up the costs of these bundles, you'll find that you're paying for services you'll never use. A cell phone company that offers low-cost services while giving more value can break this.

Artificial Inteligence 105

Artificial Inteligence Entrepreneur Technical Review Security 105

Startup Lessons Learned

JULY 13, 2009

Lessons Learned by Eric Ries Monday, July 13, 2009 The Principles of Product Development Flow If youve ever wondered why agile or lean development techniques work, The Principles of Product Development Flow: Second Generation Lean Product Development by Donald G. Second, what is the cost of these queues? Reinertsen is the book for you.

Product Development 153

Product Development Developer San Francisco Product 153

TechEmpower

FEBRUARY 13, 2013

Focusing on the metrics that ultimately drive the business, often the bottom line, has provided a reality check, a counter-weight to the desire to consume all new technologies. Besides, more development time means the client can be more agile with functionality and has a greater potential for success.

Guinea 200

Guinea Application Development Ruby Web Development 200

Steve Blank

JUNE 26, 2015

To move innovation faster, we now have 21 st century tools — Business Model Canvas , Customer Development , Agile Engineering – all adding up to a Lean Startup. And if they’re smart they’ll teach Horizon 1 teams to operate with mission and intent , not just process and procedure.). Fast forward to today.

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Lean Management Business Model Incubator 120

Women Entrepreneurs Can

MARCH 18, 2024

An effective ERP system, such as SAP ERP , combines financials, supply chain, operations, reporting, manufacturing, and human resource activities and facilitates integrated and streamlined processes. In finance, for example, ERPs deliver real-time insights into costs and performance, fine-tuning budgeting and forecasting.

Artificial Inteligence 52

Artificial Inteligence Cloud Agile Operations 52

Startup Lessons Learned

SEPTEMBER 15, 2008

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. So far, I have found "lean startup" works better with the entrepreneurs Ive talked to than "agile startup" or even "extreme startup.") The lean startup is an application of Lean Thinking.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Startup Lessons Learned

OCTOBER 11, 2013

Problems arise when companies isolate areas of the business in what Eric refers to as “functional silos”—independently operating teams (design, engineering, marketing, legal, etc.) We invite you to check out the entire video , including a fascinating conversation about why revenue is not a good growth metric. Every single one.

Lean 167

Lean Silicon Valley Agile Cofounder 167

Steve Blank

MARCH 4, 2014

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. They measure their success on metrics that reflect success in execution, and they reward execution.

IRR 335

IRR Startup Business Model Agile 335

crowdSPRING Blog

APRIL 30, 2019

Here are just a few options to get you started… Test low-cost ads in local publications. The right metrics will let you know what’s working and what isn’t. This data (among other metrics) is what allows us to intelligently optimize our efforts. It’s what you, customers, and prospects can see.

Lean 91

Lean Small Business Software Review Marketing 91

Startup Lessons Learned

NOVEMBER 13, 2008

Hes a new employee, and he was not properly trained in TDD So far, this isnt much different from the kind of analysis any competent operations team would conduct for a site outage. This approach is a the heart of breaking down the "time/quality/cost pick two" paradox , because these small investments cause the team to go faster over time.

Software Review 167

Software Review Technical Review San Francisco Continuous Deployment 167

Occam's Razor

APRIL 23, 2012

While there is a great deal of appreciation for the power of metrics/data, I've come to realize that Sr. Leaders don't quite appreciate the deep, and often corrosive, consequences of choosing metric x over metric y as a key performance indicator (KPI). It is a standard metric. Don't believe me?

Metrics 152

Metrics Analytics Search Channel 152

Startup Lessons Learned

APRIL 9, 2009

Thats the essence of so many of the lean startup techniques Ive evangelized: customer development , the Ideas/Code/Data feedback loop , and the adaptation of agile development to the startup experience. Creating a company-wide feedback loop that incorporates both customer development and agile development is a challenge.

San Francisco 132

San Francisco Continuous Deployment Lean Agile 132

Startup Lessons Learned

NOVEMBER 4, 2008

Boyd emphasized the importance of agility in combat: "the key to victory is to be able to create situations wherein one can make appropriate decisions more quickly than ones opponent." Lean startups have the ability to use this commodity stack to lower costs and, more importantly, reduce time to market. Agile software development.

Lean 102

Lean San Francisco Agile Continuous Deployment 102

Startup Lessons Learned

NOVEMBER 7, 2008

We had endless arguments internally about what features it should include, how the avatars should look, and how much it should cost. Just load them all in and choose a low cost-per-click. Seems like a fairly low-cost method of gauging customer interest for a would-be product. We finally settled on a $1.99 I used to use $.05,

Demand 167

Demand San Francisco Lean Continuous Deployment 167

YoungUpstarts

OCTOBER 9, 2018

The ideal end point for most tech-related business decisions is that technology is seamless and able to be integrated without too much investment and ongoing cost. Decentralised working environments provide the opportunity for businesses to reduce overhead costs on facilities by decreasing daily headcounts. Lean Into It. Progressive.

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Lean Agile Framework Software 138

Steve Blank

JUNE 23, 2016

As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency. These metrics make it difficult for a company that wants to invest in long-term innovation. On the low-end, they undercut cost structures, resulting in customer migration.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Up and Running

MAY 23, 2016

The software was sold based on installation cost running on local servers for enterprises—which was very, very expensive. You get to call all the shots, including how you want to operate the business and who you want to be involved. Estimating Realistic Startup Costs. Noah says, “Agile is what most software companies use.

Software Review 74

Software Review Software Delaware Forecast 74

Women Entrepreneurs Can

FEBRUARY 2, 2024

How CTV Ads Benefit Small Business Connected TV ads offer small businesses a targeted and cost-effective way to reach their audience. This agility enables you to make informed decisions, optimizing your advertising efforts for maximum impact. Use analytics tools to track metrics and conversion rates.

Advertising 52

Advertising Small Business Campaign Audience 52

ConversionXL

MAY 22, 2017

All manual operations. After that, the adoption of the cloud as a more scalable and cost-effective approach allowed small/medium business to build CRMs around very specific market needs and establish dominance in new vertical segments. Back in 1986 when digital marketing was just taking off, a company called ACT!

Customer 92

Customer Marketing Artificial Inteligence Clickthrough 92

Startup Lessons Learned

NOVEMBER 14, 2013

The site visits include stops at Square (the payments startup founded by Twitter co-creator Jack Dorsey), WeWork Soma (an amazing co-working space) and Pivotal Labs (leaders in Lean and Agile consulting), along with one more super-interesting location we’ll announce shortly. Needless to say, this is a slow and complex process.

Continuous Deployment 162

Continuous Deployment Norway Lean Analytics 162

Startup Lessons Learned

JANUARY 19, 2009

Lessons Learned by Eric Ries Monday, January 19, 2009 Lean hiring tips In preparing for the strategy series panel this week, I have been doing some thinking about costs. I want to talk specifics, and when you come right down to it, most technology startups dont have a very interesting cost structure. That depends.

Lean 140

Lean Hiring San Francisco Continuous Deployment 140

Startup Lessons Learned

JULY 29, 2009

Although it costs to pay down the principal, we gain by reduced interest payments in the future. I hope to show why lean and agile techniques actually reduce the negative impacts of technical debt and increase our ability to take advantage of its positive effects. The human tendency to moralize about debt affects engineers, too.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

Startup Lessons Learned

APRIL 14, 2009

Every board meeting, the metrics of success change. Compared to the million-dollar startup, they are operating at micro-scale. They know how much it costs to bring in a customer and they know how much money they can expect to make on each one. Our cost to acquire a customer on AdWords was only a few cents.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Startup Lessons Learned

FEBRUARY 20, 2009

Similar results apply in product management, design, testing, and even operations. When operating with continuous deployment, its almost impossible to have integration conflicts. Sounds very similar to agile development which is the way. Today, I want to talk about the reasons smaller batches are better. Small is beautiful.

San Francisco 161

San Francisco Software Review Continuous Deployment Development Team Review 161

Startup Lessons Learned

OCTOBER 20, 2008

When I first encountered agile software techniques, in the form of extreme programming , I thought I had found the answer. I explained it to people this way: agile lets you make the trade-offs visible to whole company, so that they can make informed choices. Even worse, agile wasnt really helping me ship higher quality software.

Software Review 164

Software Review Engineer Management Technical Review 164