Remove Agile Remove Customer Development Remove Metrics Remove Salary
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It’s Time to Play Moneyball: The Investment Readiness Level

Steve Blank

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. And we can offer investors metrics to play Moneyball – with the Investment Readiness Level. We think we can do better. Here’s how.

Oakland 327
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Lessons Learned: Lean hiring tips

Startup Lessons Learned

Almost all of it is in one giant fixed-cost bucket: salaries. This is another sub-optimization caused by incentivizing the wrong metric. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? And all of that cost was caused by one activity: hiring. Expo SF (May.

Lean 140
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John Doerr's 10 lean startup tips

Startup Lessons Learned

Voluntary salary reduction program. Ive also used the voluntary salary reduction tool - its particularly useful as a way to get passionate employees who dont have a lot of personal expenses to buy into the mission of the company at a deep level. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup?

Lean 121
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Myth: Entrepreneurship Will Make You Rich

Startup Lessons Learned

A more rational career path for money-making is one that rewards effort, in the form of promotions, increased security, salary and status. A more rational career path for money-making is one that rewards effort, in the form of promotions, increased security, salary and status. Expo SF (May.