Startup Lessons Learned

SEPTEMBER 15, 2008

Lessons Learned by Eric Ries Monday, September 8, 2008 The lean startup Ive been thinking for some time about a term that could encapsulate trends that are changing the startup landscape. After some trial and error, Ive settled on the Lean Startup. I like the term because of two connotations: Lean in the sense of low-burn.

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Startup Lessons Learned

MAY 19, 2011

Jeff has been promoting the use of Lean UX as an effective method to spur greater innovation, quality and productivity in startups as well as within teams in larger organizations. Lean Startups need to make snap decisions, iterate quickly and pivot when needed. It may seem like a subtle difference but it’s powerful.

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Lean Software Review SCRUM Non-Compete 165

VC Cafe

JANUARY 24, 2021

billion gamers worldwide will help the global games market generate revenues of $189.3 billion in revenue last year. According to Ark Invest’s research , revenue from virtual worlds will compound 17% annually from roughly $180 billion today to $390 billion by 2025. Fortnite alone made $1.8 Twitch stats in 2020.

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Technical Review Audio Forecast Social Media 207

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. That’s a lean business plan.

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Both Sides of the Table

SEPTEMBER 22, 2012

” This is a frequent theme of mine when asked to speak to audience about the VC industry. “Lean” is great in the early days but if you discover an attractive market opportunity you need to get “fat” really quickly or somebody else will. In revenue terms our first two years of sales were $2.1

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Silicon Valley Venture Capital Startup Technical Review 390

The Startup Magazine

JUNE 24, 2021

it’s wise to create and implement some kind of business plan with a lean canvas approach as your guide. The “lean canvas” business plan, however, was designed to take all of that stress away and instead direct your efforts towards a concise, single-page document that consists of only nine key building blocks.

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Steve Blank

AUGUST 5, 2013

It’s been fun watching a 20th Century entrepreneur learn new tricks as he builds his next startup, FindTheBest using Lean Methodology. Lean Start-up Connection: Business Model Canvas. By leaning on our technology, we knew we could build cheaply, we just didn’t know how cheaply. Here’s Kevin’s story to date.

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ConversionXL

AUGUST 11, 2021

Not only do corporate sponsors offer the capital to help you forge ahead, their backing brings new contacts and exposure to new audiences that can take your project to the next level. All companies that This Week in Startups’ audience of entrepreneurs, company founders, and marketers would be interested in. Audience data.

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Mike Michalowicz

JANUARY 16, 2023

If you’re like me, you may be inundated with emails and ads for TED talks, keynote speeches and small business books from thought leaders offering to help your small business increase revenue. It increases your small business revenue by leaps and bounds too.). Remember, speaking to an audience is the greatest privilege.

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Small Business Audience Revenue Dilution 60

ConversionXL

FEBRUARY 10, 2021

When shelter-in-place hit last March, forcing their doors to close, their revenue dropped to nothing overnight. million of inventory online and recovered all their lost POS revenue with online sales. With no way to serve it in their restaurant, their revenue flattened. And the benefits go way beyond pure revenue.

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ConversionXL

JUNE 2, 2022

It’s proven to drive more revenue , improve customer experience , and power growth. Inbound marketing focuses on content that brings your target audience to you , rather than you chasing them. Does the client offer more than revenue? Use the median numbers as a guide for which program to lean towards. Company perception.

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Up and Running

APRIL 29, 2019

If you’re doing digital marketing, you’ve probably already aligned your marketing goals with your company’s sales goals and forecast: in order to achieve X percent growth in sales, you’re using a number of different marketing and sales tactics to increase your revenue. You can download a free Lean Plan template here to help you get started.

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Startup Lessons Learned

OCTOBER 11, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. How can established companies benefit from implementing Lean Startup? Of course, you can also continue the conversation by attending The Lean Startup Conference. What can Lean Startup do about this? They’ll jump in to answer in the coming days. (Of

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Up and Running

OCTOBER 30, 2020

Their referral marketing strategy contributed to 13% of all revenue, and their referral program generated a 2,600% ROI. It will not only benefit customers but help cut costs on unnecessary ad spending or marketing campaigns that simply don’t connect with your audience. Take the company iWader as an example.

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eCommerce Sales Software Review Canada 152

A Smart Bear: Startups and Marketing for Geeks

AUGUST 9, 2010

You repeat these mantras at Lean Startup Meetings but you're not doing it.? Repeat after me: You are not your customer." — Eric Ries , Lean Startup leader (repeating a conversation with a startup founder). How many do you suppose produce any revenue? (My I say "find ten people who say they'll buy." We think differently.

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Software Review Part-Time VPE Houston Cofounder 312

ReadWriteStart

APRIL 8, 2023

million people and generate monthly revenue. You can find the latest news in the form of newsletters in Lean Luxe , 2 PM , Chips + Dips , Retail Brew , The Hustle , and Vogue Business. As for Metaverse — businesses should keep an eye on it as it is not clear yet whether this is hype or a trend.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

ConversionXL

JANUARY 18, 2022

And yet, revenue went up by 45% YoY. Lean into your strengths, and don’t try to appeal to everyone. By demonstrating proven marketing expertise, we can provide a consistent, valuable experience for our audience. Modern brand marketing methods to build an audience. speaking to something your audience cares about ).

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Marketing Social Media Non-Compete Audience 109

Up and Running

JULY 26, 2016

Between January 2015 and January 2016, we grew our platform Slidebean from $1K to $20K in monthly recurring revenue. Getting the first tracks of revenue is one of the toughest processes of building a startup. Lean marketing. Customer Lifetime Value (LTV): The potential revenue that you’ll be receiving from a given user.

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ConversionXL

FEBRUARY 3, 2022

In this article, you’ll learn how to build a marketing growth strategy to increase your market penetration, market share, and revenue. This philosophy comes from The Lean Startup methodology , which relies on testing hypotheses to better understand your customers’ pain points and goals. Growth marketing is about process over tactics.

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Marketing Framework Metrics Channel 115

Both Sides of the Table

APRIL 2, 2014

We feel pressure to hit milestones for a variety of reasons: Investor presentations, conference demos, customer sales meetings, competitive pressures, a need to drive revenue, business development commitments – whatever. CEOs are time-driven creatures. As an alternative I’ve also found board meetings to be a good rallying call.

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ReadWriteStart

JANUARY 26, 2021

Many business owners launch startups with the intention of running lean—relying on minimal resources to preserve the business for as long as possible. The solution is to start generating consistent revenue faster or to work with angel investors or venture capitalists to get more funding. Running Out of Capital. The Wrong Team.

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Up and Running

OCTOBER 3, 2017

If you don’t have a specific immediate need to show a formal business plan to a banker or investor, then you are probably better off doing just a lean business plan , for your internal use only. Keep things as brief as possible and entice your audience to learn more about your company. Revenue/Sales Forecast. Opportunity.

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Business Plan Balance Sheet Forecast Lean 134

ConversionXL

NOVEMBER 25, 2020

This content relates strictly to the products and services you provide, and have a very limited audience. Staying in front of our audience. I lean on these YouTube channels for info on the YouTube algorithm: Little Monster Media Co ; Derral Eves ; Roberto Blake ; Tim Schmoyer. Self-promotion. This part is the hardest.

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Startup Lessons Learned

MAY 9, 2012

TLDR: Brant Cooper and Patrick Vlaskovits , authors of The Entrepreneur's Guide to Customer Development are back with a new book called The Lean Entrepreneur. It took the idea of Customer Development and made it accessible to a whole new audience. Illustrations by FAKEGRIMLOCK. You can pre-order it starting today.

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Up and Running

MAY 9, 2022

Instead, you can stick with a simple internal business plan model that keeps your document lean and easy to communicate. It’s a document that can easily be distributed across multiple communications channels, encourages employee engagement, and leans into uncovering issues and competitive advantages for your business.

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Business Plan Forecast Lean Channel 160

ConversionXL

MARCH 19, 2020

Greater discipline during boom times offered more flexibility during lean years. And getting it right during the lean years, Bain reports , has a massive impact on companies’ growth rate after things improve: ( Image source ). As the recession wrapped up, they had to remind consumers of lean times.

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Marketing Campaign Non-Compete Lean 121

Both Sides of the Table

MAY 19, 2010

Another topic we debated early in the program was “lean startup” vs. “ fat startup ” where we both took the obvious hedge and said “it depends.” But truthfully both Dana and I are more aligned with the lean startup principles and believe you only go FAT when you’ve really proved out your product / market fit.

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Partner New York City Cofounder Syndicate 240

Startup Lessons Learned

SEPTEMBER 28, 2008

Lessons Learned by Eric Ries Sunday, September 28, 2008 The lean startup comes to Stanford Im going to be talking about lean startups (and the IMVU case in particular) three times in the next two weeks at Stanford. Labels: events , lean startup 5comments: Hitchens said. How did we combat this tendency? When will you be speaking?

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YoungUpstarts

FEBRUARY 14, 2017

OK, so testing your product with an initial audience is always going to be a nerve-wracking time. Your revenues are declining or you don’t have any revenue at all! Revenues don’t appear overnight; even the greatest success stories had to work hard to start getting traction and growth. Your Beta testing does not go well.

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Technical Review Architecture Revenue Channel 157

Startup Lessons Learned

SEPTEMBER 22, 2008

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. The Lean Startup Intensive is tomorrow at Web 2.0.

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Up and Running

JUNE 25, 2020

You’re not just showcasing expertise but using it to grow an audience that will hopefully one day turn into customers. If you’ve been struggling to grow revenue from your core business model, developing additional income streams may be necessary. Support your community. Develop additional income streams.

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Small Business Hosting Social Media Community 180

crowdSPRING Blog

JUNE 22, 2012

Lean Marketing Tips: Blogging to Build Audience and Drive Traffic – [link]. Lean Marketing Tips: Blogging to Build Audience and Drive Traffic – [link]. Facebook to Debut Ad Exchange in Bid to Boost Revenues – [link]. Lean Marketing Tips: Blogging to Build Audience and Drive Traffic – [link].

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Social Media Small Business Design Media 92

Startup Lessons Learned

AUGUST 14, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference, who has created content for a number of startups. In our ongoing exploration of how people actually implement Lean Startup methods in their workplaces, we’re asking practitioners to share their techniques. Steph: Segmentation and timing.

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Hearpreneur

JANUARY 19, 2018

It could be more revenue, hiring clients or launching a new product or service, but every new year is an exciting time because it’s ripe with opportunity. 3- Triple our revenue and grow our base. We have two key goals for 2018: To grow our user base to more than 1 million and triple our revenue. 1- Efficiency.

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Detroit Entrepreneur Technical Review Revenue 91

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? All things being equal, of course, you’d rather have more revenue rather than less. And yet revenue alone is not a sufficient goal. More on that in a moment.

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Both Sides of the Table

MARCH 12, 2016

The people who spend the most money on reaching consumers: consumer products, car companies, food & beverage, entertainment – need to reach mass audiences and smaller channels aren’t as effective for them relative to the time to produce creative and learn how to perform in a channel. Authenticity / Endemic. Engagement.

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Hunter Walker

JUNE 7, 2014

Not because they’re all operating in stealth or pre-product – in fact some already are earning $1m+ in revenue per annum. Party rounds blew up on a number of startups who found it difficult to get ongoing operational support from investors who didn’t have time or inclination to lean in.

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