Up and Running

JULY 2, 2018

Hiring is a minefield for startups, but with the right approach, you can recruit top talent. Too many startups ignore them and suffer the consequences. How can you keep on top of the finances from the start of your startup journey? However, sometimes they come into play when a startup needs urgent cash. A fractured team.

Software Review 78

Software Review Technical Review Retention Startup 78

Hearpreneur

OCTOBER 10, 2023

It's your persuasive pitch to potential investors, outlining your startup's objectives and profitability strategy. 14- No, as I relied on customer feedback Photo Credit: Michael Mastin I relied on agility and adaptability. In the realm of great business ideas, a well-crafted business plan takes center stage.

Business Plan 126

Business Plan Jordan Entrepreneur Florida 126

The Startup Magazine

MARCH 12, 2024

Armed with a deep understanding of the industry’s pain points and inefficiencies, Alejandro set out to create a solution that would address actual and future airplane owners and aviation organizations to navigate the complexities of asset acquisition, evaluation and forecast, with precision and agility.

Entrepreneur 125

Entrepreneur Agile Acquisition Forecast 125

YoungUpstarts

MAY 9, 2017

Lean is a methodology that can be applied to all disciplines of knowledge work to increase business efficiency, agility, and visibility. Research shows that 95% of organizations do not start as Lean organizations – they implement Lean after identifying a need for better agility, visibility, and efficiency. Lean Transformations.

Lean 109

Lean Agile Technical Review Dilution 109

YoungUpstarts

NOVEMBER 27, 2014

With Asia’s share of global research and development forecast to grow to 40% this year, the quest to drive innovation is at the forefront of conversation among business leaders and entrepreneurs in the region. It is a frame of mind and is not the sole prerogative of large multinationals or startups.

Singapore 187

Singapore New Zealand Indonesia Thailand 187

Steve Blank

JUNE 23, 2020

The pandemic has upended the business models of most startups and existing companies. Revenue models and forecasts are no longer valid. Swiss smart flooring startup Technis now helps supermarkets regulate the flow of shoppers. Although the large firms made the headlines, startups also pivoted.

Customer 436

Customer Marketing Customer Development Business Model 436

Steve Blank

AUGUST 23, 2010

It reminded me of the differences in Customer Discovery between a scalable startup and a big company. The bad news is that the meetings become far more formal and more crowded, than one that a startup would have. So to get new divisions launched large optimistic forecasts are the norm. That’s the good news.

Customer Development 235

Customer Development Developer Customer South America 235

Up and Running

JULY 2, 2020

You don’t have to be confronting a pandemic, however, to feel a sense of letdown and uncertainty after launching your startup. This article provides tips and tricks for navigating those first bumpy months of business ownership including best practices for helping you keep your startup afloat and at the same time keeping your sanity intact.

Startup 190

Startup Forecast Agile Demand 190

Up and Running

AUGUST 8, 2018

How did we do last month compared to our forecast? What does our cash flow forecast look like for the next few months? By reviewing major initiatives on a monthly basis, we can stay agile and make changes as needed. For those early-stage startups, this step of the meeting may be the most important step and take the longest.

Software Review 65

Software Review Business Plan Product Forecast 65

Startup Professionals Musings

MAY 27, 2022

Here you need not only project management resources, but also skills in forecasting, budgeting, and resource tracking. Of course, implementation also requires the resources to test, iterate, and prototype solutions, in a lean and agile fashion, dictated by the needs of the marketplace. Provide resources to implement initiatives.

Forecast 340

Forecast Agile Lean Distribution 340

Steve Blank

MAY 23, 2016

In every startup I did, every new course I created, and everything I’ve taught, the phrase “make every day count” took on new meaning when I knew how many were left. When I retired after 21 years working in 8 startups, I was invited to be a guest lecturer at the business school at the University of California Berkeley.

Lean 221

Lean Technical Review Vietnam Engineer 221

Startup Lessons Learned

SEPTEMBER 30, 2008

Lessons Learned by Eric Ries Tuesday, September 30, 2008 What does a startup CTO actually do? But I dont think most startups really have a need for someone to do that on a full time basis. If youre trying to design an architecture to maximize agility, how can that work if some people are working in TDD and others not?

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

The Startup Magazine

JULY 1, 2020

Optimizing inventory is one of the keys to making sure that a business is both agile and profitable. One of the best ways to manage inventory levels is to forecast what types of products you will need and when. This supply and demand forecasting can be put into place using AI systems.

Forecast 131

Forecast Database Stock Agile 131

View from Seed

FEBRUARY 27, 2019

Given the common challenges encountered by founders as they navigate through this hiring decision, I thought I’d outline some of my thoughts below that can hopefully serve as a simple framework when it comes to making the first Analytics hire at your startup. accounting/controller, FP&A, demand forecasting, etc.?—?but

Analytics 149

Analytics Hiring SQL Forecast 149

Steve Blank

MARCH 5, 2012

One of the things startups have lacked is a definition of who they were. For years we’ve treated startups like they are just smaller versions of a large company. However, we now know that a startup is a temporary organization designed to search for a repeatable and scalable business model. Search Versus Execution.

Search 320

Search Business Model Customer Development Agile 320

Up and Running

JANUARY 25, 2018

Digital businesses need to be agile and reactive too. In this one-hour version of your plan, you don’t need to do a full financial forecast , but keep in mind that anyone you ask for funding (such as banks or investors) will require you to create one.

eCommerce 96

eCommerce Business Plan Audience Lean 96

Steve Blank

JUNE 18, 2013

Ten years ago I started thinking about why startups are different from existing companies. I wondered if business plans and 5-year forecasts were the right way to plan a startup. In 2004 I funded IMVU, a startup by Will Harvey and Eric Ries. Finally we had a definition of what it was startups were searching for.

Lean 286

Lean Agile Customer Development Business Model 286

Startup Lessons Learned

JUNE 5, 2009

Lessons Learned by Eric Ries Friday, June 5, 2009 It’s a startup, not a spreadsheet Some people, when they start to realize the power of using data to inform their decisions, become obsessed with optimization. Unfortunately, most decisions that confront startups lack a definitive right answer. But this is wrong, too.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

The Next Web

FEBRUARY 7, 2014

The chances of your startup failing are perilously high. Most entrepreneurs think it can’t happen to them, but in fact recent research from Harvard Business School lecturer Shikhar Ghosh finds approximately 75 percent of all startups go under. Unfortunately, most startups don’t operate in a space with a lot of stability.

Forecast 136

Forecast Startup Metrics Agile 136

Steve Blank

JUNE 18, 2013

Ten years ago I started thinking about why startups are different from existing companies. I wondered if business plans and 5-year forecasts were the right way to plan a startup. In 2004 I funded IMVU, a startup by Will Harvey and Eric Ries. Finally we had a definition of what it was startups were searching for.

Lean 178

Lean Agile Customer Development Business Model 178

www.readwriteweb.com

MARCH 7, 2011

Past failures of enterprise technology to live up to its promises and ITs lack of agility caused by legacy technology have decreased the influence of the CIO, explained R "Ray" Wang in a piece for Forbes last year. Does this seem like a reasonable forecast to you? What do you think? startupcto

Technical Review 48

Technical Review Balance Sheet Cloud Software Review 48

Steve Blank

JULY 28, 2011

This approach would shape Silicon Valley’s entrepreneurial ethos: In startups, failure was treated as experience (until you ran out of money). government agency that supports research in all the non-medical fields of science and engineering - is changing the startup landscape for scientists and engineers. billion U.S.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Steve Blank

JANUARY 10, 2011

In a startup “Good news needs to travel fast, but bad news needs to travel faster.”. Yet for a startup a cover-up culture is death. In a startup founders and the board need to do exact the opposite of a large company – failures need to be shared, discussed and dissected to extract “lessons learned” so a new direction can be set.

Forecast 264

Forecast Agile Revenue Founder 264

Agile VC

MAY 26, 2011

AGILEVC My idle thoughts on tech startups. Salesforce.com is a startup with 76,000 subscribers (over 2.1M I also joke with Reid Hoffman that this was back in the days before he was “Reid” Reid’s an incredible entrepreneur, startup investor, and human being. How to Evaluate Firms for a Seed VC. May 26, 2011.

Term Sheet 178

Term Sheet Silicon Valley Technical Review Social Network 178

Startup Lessons Learned

FEBRUARY 7, 2013

Last May, I shared the news that long-time Lean Startup advocates Brant Cooper and Patrick Vlaskovits were working on a new book called The Lean Entrepreneur featuring illustrations by FAKEGRIMLOCK. LitMotors approach to using Lean Startup to create a new vehicle category. Startup blogging was hardly "cool" back then.

Lean 167

Lean Entrepreneur Agile San Francisco 167

VC Cafe

SEPTEMBER 26, 2022

The past year was a wild ride for startups and founders, giving a whole new meaning to the ”rollercoaster” aspect of being an entrepreneur. A combination of competition for top talent and an effort to bring employees back to the office drove startups in Israel to throw extravagant parties and all-inclusive retreats abroad.

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

Startup Lessons Learned

JULY 6, 2011

The Lean Startup Book is done. If you've been waiting for a comprehensive account of the Lean Startup and how it can help you achieve dramatically better business results, this is it. Some are from obscure startups who you haven't heard of -- yet. Here's the description you'll find on the book jacket itself: Most startups fail.

Lean 167

Lean Startup Metrics Private Equity 167

Steve Blank

DECEMBER 7, 2010

I’ve introduced a new class at Stanford to teach engineers, scientists and other professionals how startups really get built. In contrast, startups search for a business model. (Or Or more accurately, startups are a temporary organization designed to search for a scalable and repeatable business model.)

Wiki 311

Wiki Lean Management Business Model 311

The Startup Magazine

FEBRUARY 16, 2022

DataRails , the financial analysis and reporting software startup, has announced the hiring of David Rosenberg as the company’s new VP of customer success. million for the software startup to date, with the latest round, a two-part Series A, completing in June 2021. Investor Sees Opportunity. DataRails has already raised $53.5

Hiring 137

Hiring Software Review Customer 137

Up and Running

MAY 23, 2016

To give you a better idea of what entrepreneurs in this industry are thinking about during each phase of the startup process, I interviewed SaaS entrepreneurs from all over the world, including our own COO Noah Parsons. Later you will want to come back and create a proper sales forecast, cash flow forecast, and expense budget.

Software Review 74

Software Review Software Delaware Forecast 74

Startup Lessons Learned

OCTOBER 30, 2008

Lessons Learned by Eric Ries Thursday, October 30, 2008 John Doerrs 10 lean startup tips I just saw video of John Doerrs talk yesterday at VentureBeat’s “How to manage your start-up in the downturn&# roundtable event. Get 18 months or more of cash (runway) in the business against a conservative forecast. Use Google Apps.

Lean 121

Lean San Francisco Continuous Deployment DC 121

Steve Blank

SEPTEMBER 3, 2009

This post describes how the traditional product development model distorts startup sales, marketing and business development. In the next few posts that follow, I’ll describe how thinking of a solution to this model’s failures led to the Customer Development Model – that offers a new way to approach startup sales and marketing activities.

Customer Development 215

Customer Development Developer Customer Silicon Valley 215

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. Reinertsen is the book for you. There is an important caveat, however.

Product Development 153

Product Development Developer Product San Francisco 153

Up and Running

DECEMBER 6, 2012

Develop a forecast: Basic forecasts and budgets are critical; And tracking them is even more so. Here at Palo Alto Software in 2007 and 2008, we embraced these planning concepts and moved towards a more agile planning process. Do startups have a manual? The business plan should no longer be just a single event.

Lean 147

Lean Silicon Valley Forecast Technical Review 147

Up and Running

OCTOBER 1, 2014

To complicate things further, your startup is also frequently a side hustle while you hold down a day job. And this isn’t just for your business, but as many startup founders know, your personal finances can matter just as much (especially if you aren’t profitable yet). How do you balance it all? Be hyper-focused.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Startup Lessons Learned

MAY 25, 2020

We can't make a 5-year plan or a 10-year forecast right now, but we know there are investments we can make today that will set ourselves up for success in the future. So now I'm home-based in Austin, Texas and I'm spending a lot of time with a lot of startups and a lot of CEOs that are trying to scale their companies. Let's go."

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

Steve Blank

JANUARY 21, 2010

The startup founder who gets fired just as his/her company is growing into large company could be a cliché – if it wasn’t so true – and painful. Scalable Startups at Adolescence. In our previous post we posited that Scalable Startups are designed to become large companies. Let’s take a look at why.

Agile 120

Agile Development Team Review Leadership Merger 120