article thumbnail

Lessons Learned: The lean startup

Startup Lessons Learned

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.") Of course, many startups are capital efficient and generally frugal.

Lean 168
article thumbnail

Lessons Learned: Customer Development Engineering

Startup Lessons Learned

In addition to presenting the IMVU case, we tried for the first time to do an overview of a software engineering methodology that integrates practices from agile software development with Steves method of Customer Development. Ive attempted to embed the relevant slides below. What about a hardware business with some long-lead-time components?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Embrace technical debt

Startup Lessons Learned

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. For example, I’ve talked often about our belief that an instant messaging add-on product would allow IMVU to take advantage of a network effects strategy.

article thumbnail

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

Startup Lessons Learned

For eBay, this is caused by the incredible network effects of their business (so-called demand-side increasing returns and supply-side increasing returns). This has led to exponential growth. For Neopets, its simply a side-effect of their game-like product design. . Expo SF (May. Conference streaming, sponsors, discounted tickets.

article thumbnail

Building a new startup hub

Startup Lessons Learned

And they expose the startups to a vast network of mentors, none of whom get paid for their involvement. Thank you @ericries for drastically altering my perception of agile startup Thank you all so much for your kind words. They dont invest a lot of money; just enough to keep them going through the summer. Expo SF (May.

article thumbnail

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

Startup Lessons Learned

This was 2004, and we had never even heard of MySpace, let alone had any understanding of social networking. It required hearing customers say it over and over again for us to take a serious look, and eventually to realize that social networking was core to our business. But the early customers all compared it to MySpace. Expo SF (May.

article thumbnail

Lean Startup fbFund slides and video

Startup Lessons Learned

From my side, i network with many startups all the time, and i am constantly trying to persuade them to adopt the new age mindset, but its often no easy task. Im also in this for the long term and realise they may need to fail a few times before the message really hits home. . Expo SF (May. Conference streaming, sponsors, discounted tickets.

Lean 115