Remove Audio Remove Hockey Stick Remove Metrics Remove Product Development
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Two Ways to Hold Entrepreneurs Accountable (for Harvard Business.

Startup Lessons Learned

Behind this analysis is a spreadsheet model, complete with detailed metrics for a set of customer behaviors that show just how valuable the new product will be. They are on-schedule and on-budget, but their gross metrics are way off. They are on-schedule and on-budget, but their gross metrics are way off.

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Lessons Learned: Validated learning about customers

Startup Lessons Learned

Every board meeting, the metrics of success change. Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. And what of the product development team? People often forget the most important part of the hockey stick: the long flat part.

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Lessons Learned: A hierarchy of pitches

Startup Lessons Learned

Most important slide: hockey stick Micro-scale results Key questions: who is the customer, and how do you know? Most important slide: lessons learned Working product Key questions: what does the product do? Most important slide: valuation Promising results Key questions: can you monetize that traffic? (or