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? This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. They are gaining valuable customer data.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Startup Lessons Learned

MARCH 16, 2009

Lessons Learned by Eric Ries Monday, March 16, 2009 Combining agile development with customer development Today I read an excellent blog post that I just had to share. The breakthrough idea of agile is that software should be built iteratively, with the pieces that customers value most created first. Enter Jims post.

Agile 111

Agile Customer Development Developer San Francisco 111

Startup Lessons Learned

FEBRUARY 9, 2009

Lessons Learned by Eric Ries Monday, February 9, 2009 The lean startup @ Web 2.0 Expo to explain the lean startup concept to a larger audience. The Lean Startup: a Disciplined Approach to Imagining, Designing, and Building New Products.: Hey Someone else who is extending the agile/lean approach beyond just developing software.

Lean 68

Lean San Francisco Web Advisory Board 68

Gust

DECEMBER 7, 2014

Based on the Startup Environment Index from the Kauffman Foundation and LegalZoom a while back, personal money, or bootstrapping, continues to be the primary startup funding source. At least wait until later, when you ready to scale, and have some “leverage” based on a proven business model, some real customers, and real revenue.

Bootstrapping 191

Bootstrapping Entrepreneur Startup Burn Rate 191

Startup Lessons Learned

MAY 14, 2009

Lessons Learned by Eric Ries Thursday, May 14, 2009 The Lean Startup Workshop - now an OReilly Master Class My rate of posting has been much lower lately, and this is mostly due to preparations for the upcoming Lean Startup Workshop on May 29. I have a lot of good news to report on this front. You can click here to learn more.

Lean 60

Lean San Francisco Continuous Deployment Software Review 60

ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. Before we look at ways to bootstrap a startup, let’s consider a comprehensive definition of what a startup is. Ways to bootstrap a startup. Implement the “lean startup” philosophy. What is a startup?

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Up and Running

JUNE 4, 2018

This is clear when you do anything from checking in your baggage for a flight, to contacting a large company’s customer service department! It’s easier to bootstrap. It’s important to note that while the likes of Facebook and Dell are often referred to as bootstrapped, that’s actually a bit of a myth. These include: 1.

Bootstrapping 66

Bootstrapping Colorado Internet Software Review 66

Both Sides of the Table

SEPTEMBER 10, 2021

They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea. two founders in a garage?—?(HP The most connected and high-potential founders start with wads of cash. The legends of Silicon Valley?—?two HP Style) are dead.

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Startup Lessons Learned

APRIL 18, 2010

Lessons Learned by Eric Ries Sunday, April 18, 2010 Four myths about the Lean Startup Myth: Lean means cheap. Lean startups try to spend as little money as possible. Truth: The Lean Startup method is not about cost, it is about speed. Myth: The Lean Startup methodology is only for Web 2.0/internet/consumer

Lean 167

Lean San Francisco Continuous Deployment Startup 167

Up and Running

OCTOBER 1, 2014

” For Lindsay Nelson, CEO and co-founder of Theme Dragon, Inc that opportunity was founding a tech company. What about bootstrapping? 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). Plan ahead.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Up and Running

JULY 10, 2017

To determine whether freemium is right for you, do the simple math: Figure out how many paying customers you need to run the company. If you charge every user $50 and spend $10K to pay the business bills, you need at least 200 customers to break even. In our example, it’s 20K non-paying customers.

Startup 110

Startup Non-Compete Viral Software Review 110

YoungUpstarts

MAY 29, 2017

by Rhonda Adams, president and founder of PlanningShop and author of “ Successful Business Plan: Secrets & Strategies “ Small business owners never seem to have enough hours in the day to complete all the tasks on our to-do lists — developing new products, searching for new customers, training employees, closing the sale.

Bootstrapping 140

Bootstrapping Syndicate Syndication Small Business 140

Austin Startup

FEBRUARY 24, 2018

Much of the writing on startups focuses on two elements: finding product-market fit scaling the company once #1 is accomplished For product-market fit, we have a lot of source material to work with from the last decade: Steve Blank’s leadership on Customer Development , and Eric Ries’ on the Lean Startup ?—?along Stanford’s CS183c?—?Blitzscaling

Warrant 48

Warrant Bootstrapping Framework Hiring 48

Startup Lessons Learned

JANUARY 18, 2010

Ash Maurya is the founder of WiredReach , a bootstrapped startup that he has been running for seven years. Recently, he was bitten by the lean startup bug and has started writing about his experiences attempting to apply lean startup and customer development principles. Read on to find out. Things started to slip.

Continuous Deployment 151

Continuous Deployment San Francisco Lean Wiki 151

A Smart Bear: Startups and Marketing for Geeks

MAY 1, 2012

This is a choice that every startup founder must make , so I’d like to dig in deeper. Company A has 1,000 customers each paying $10/mo. Company B has 10 customers each paying $1,000/mo. B can extract more money from the limited pool of customers, so that’s better. That’s shitty!

Customer 320

Customer Revenue Acquisition Cofounder 320

Startup Lessons Learned

MARCH 29, 2010

Traveling the past year, I have heard loud and clear that its time for the Lean Startup movement to enter its next phase. My aspiration with the Lean Startup methodology has always been to provide such a framework, so that we have more intelligent conversations about what works and what doesnt for startups.

San Francisco 120

San Francisco Lean Continuous Deployment DC 120

viniciusvacanti.com

SEPTEMBER 7, 2010

Home About Contact Me How To Make It as a First-Time Entrepreneur Vinicius Vacanti Guide to Finding a Technical Co-Founder September 7, 2010 | View Comments Steve Job's Technical Co-Founder “I’ve got this HUGE idea. I just need to find a technical co-founder.&# I was in this situation and we barely escaped.

Cofounder 43

Cofounder Technical Cofounder Founder Ruby 43

Up and Running

MARCH 8, 2016

You will also find information provided by two people currently involved in the industry: Matthew Mercuri, Digital Marketing Manager at Dupray, and Simon Brooks, the founder of Squiffy Clean. It will help you find customers, and craft the right marketing messages so that they choose you! You’ve spoken to your customers.

SBA 60

SBA Technical Review Software Review Business Plan 60

crowdSPRING Blog

APRIL 18, 2011

Andrew Ellis, one of the co-founders of SignNow.com, was so enthusiastic about his company, I’m going to let him do most the talking on this one: How would you explain what you do to somebody’s grandmother? The best advertisement is happy customers. Six words of advice to those looking to start their own company.

Small Business 105

Small Business New Jersey Internet Bootstrapping 105

The Next Web

MAY 22, 2014

Thijs Suijten and Menno Luiten are the co-founder and developer for Famatic. How to get that initial investment is where there is a choice: find a suitable investor, bootstrap, or use the power of the crowd to get that ball rolling. We had to focus on the value we provide to our potential customers. Every startup needs money.

Entrepreneur 135

Entrepreneur Bootstrapping Cofounder Lean 135

Startup Lessons Learned

JUNE 5, 2009

That’s because the model is based on assumptions about customers that are totally unproven. If we already knew who the customer was, how they would behave, how much they would pay, and how to reach them, this wouldn’t be a disruptive innovation. The solution is to change our focus from outputs to inputs. If it costs $0.10

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

AUGUST 8, 2009

Lessons Learned by Eric Ries Saturday, August 8, 2009 Introducing the Lean Startup Cohort subscription program Over the past few months, I have been engaged in another customer discovery exercise with passionate early adopters of the lean startup methodology. I am now ready to move into the customer validation phase.

Lean 102

Lean Programming San Francisco Continuous Deployment 102

Startup Professionals Musings

JUNE 18, 2012

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Facilities and staff.

Cost 255

Cost Burn Rate SEM Startup 255

Startup Professionals Musings

JUNE 28, 2013

Based on the latest Startup Environment Index from the Kauffman Foundation and LegalZoom, personal money, or bootstrapping, continued to be the primary startup funding in 2012. At least wait until later, when you ready to scale, and have some “leverage” based on a proven business model, some real customers, and real revenue.

Startup 264

Startup Burn Rate Bootstrapping Valuation 264

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Are there customers for what you are building? How many are there? Can it scale?”

Customer Development 267

Customer Development Developer Customer Silicon Valley 267

Startup Professionals Musings

FEBRUARY 15, 2011

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Facilities and staff.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

ReadWriteStart

MAY 30, 2022

While investors can seem like a solution to countless problems you encounter as a founder, don’t be too hasty to start eating from their hands. In this article, you’ll learn how bootstrapping makes you a better business – a leaner, smarter, more agile company that can roll with the punches. You might even ask for it.

Bootstrapping 147

Bootstrapping Startup Equity Silicon Valley 147

Mucker Lab

MARCH 8, 2016

Four years after founding and bootstrapping Mucker Capital , we are pleased to announce the close of a new $45 million fund, Mucker III. In reality, we are scrappy founders, just like the entrepreneurs we serve. And we aren’t afraid to roll up our sleeves and get our hands dirty alongside the founders in our portfolio.

Burn Rate 60

Burn Rate Limited Partner Bootstrapping Portfolio 60

Gust

JUNE 10, 2012

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Facilities and staff.

Cost 139

Cost Burn Rate SEM Startup 139

ConversionXL

MAY 12, 2016

Essentially, sell clients on the customization of a template or theme. You are so closer to your design, your content, really everything about your business than any customer or prospect. From there you’ll want to customize things like paint color, fixtures, size of specific rooms, etc. ’ Honestly, who cares?

Design 48

Design Conversion Bootstrapping eCommerce 48

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods. Also, make a bullet list of the marketing activities that will drive customers to your door.

Software Review 74

Software Review Software Delaware Forecast 74

VC Cafe

OCTOBER 16, 2010

Tender – customer support. uservoice – customer feedback. link] – proactive customer chat. How do bootstrapped companies hire talent? How much should it cost for a bootstrapped, lean startup to incorporate (or form an LLC)? How do startup founders know when to quit, stick or pivot?

Option Pool 88

Option Pool Analytics LLC Startup 88

YoungUpstarts

AUGUST 24, 2017

by Stefan Pretty, founder of Subbly. One characteristic remains: the products subscription businesses can provide, ranging from magazine subscriptions to literally anything, can appear on a customer’s doorstep every day, week, month or year. The term itself sounds confusing, so should I even bother? It is a bootstrappable model.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Steve Blank

SEPTEMBER 25, 2014

When I heard that Larry Ellison was stepping down as Oracle ’s CEO I asked Kathryn to think about the skills she saw in a young Larry Ellison that might make today’s founders winners. The final proof of a compelling technical vision is that customers were interested—the phone was always ringing. Pragmatic and Lean.

Technical Review 334

Technical Review Venture Capital Software Review Database 334

Duct Tape Marketing

FEBRUARY 20, 2024

Jason also serves on the board of the Future Founders Foundation, a Chicago-based organization that empowers the next generation of business leaders and entrepreneurs. Exclusive to new customers—upgrade and grow your business with ActiveCampaign today! He is the founder and CEO of ActiveCampaign. This is John Jantsch.

Chicago 48

Chicago Campaign Software Review Software Engineering 48

Up and Running

MARCH 24, 2015

Every entrepreneur has heard of the Lean Startup methodology ; it’s a great way to prove demand with less time and money and to prevent building a product that no one will want. In practice though, the Lean Startup methodology is hard to figure out. As a New-York-City-based startup founder, I’ve been asked these questions many times.

New York City 60

New York City Web New York San Francisco 60

Steve Blank

NOVEMBER 7, 2013

In 2012 I got together with Alexander Osterwalder , Henry Chesbrough and Andre Marquis to think about the Lean and the future of corporate innovation. It didn’t take us very long to connect the dots between exponential growth, business model innovation and the “Lean Startup” movement. in developing these new models.

Lean 329

Lean Nepal Cofounder Customer Development 329