Remove Burn Rate Remove Engineer Remove Hiring Remove Lean
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Lean Startups aren't Cheap Startups

Steve Blank

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.

Lean 259
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Why More Funding Won’t Magically Fix Your Startup

Mucker Lab

Hire the wrong people. Bad hiring decisions are often a symptom of premature scaling. Why hire a sales team when you have nothing to sell yet? That sounds absurd, but founders convince themselves that they’ve hired the right people at the right moment. Be trigger shy about hiring. Honestly, we don’t know.”?

Startup 78
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Are Business Plans Still Necessary?

Both Sides of the Table

The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. How many people will you hire in the first 24 months and in which sequence. Don’t know the running rate for engineers? This is where I spend most of my time.

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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

They need to raise money before building anything substantial after determining that they needed a little dough to follow the Lean Startup methodology. They close on the $750k, hire a buddy or two, buy some Macs, and get to work. At month six, one of the early hires leaves, a developer who turns out wasn’t a good fit.

Burn Rate 152
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Twitter Link Roundup #235 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

Are startup burn rates out of control? This Invaluable Lesson Will Keep You From Making Catastrophic Hiring Mistakes - crowdspring.co/XeV4JS. Hiring startup engineers? Busting the Lean-Startup Myth – crowdspring.co/1ozOXHA. They seem to be | AVC – crowdspring.co/1rbM5FT. 1ozOXHA.

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The Secret History of Silicon Valley Part V: Happy 100th Birthday.

Steve Blank

By the late 1930′s when HP started, a small group (measured in hundreds) of engineers who made radio tubes were building the valleys’ ecosystem for electronics manufacturing, product engineering and technology management. And these microwave engineers were working at startups – not large companies.

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“Venture Assistance”: A Philosophical View Of What Boards Should And Should Not Do

techcrunch.com

He knows how to advise entrepreneurs on hiring/firing, running teams, managing funding, when/how to control burn rate, and making other tough management decisions in the real environment of startups. Having this kind of advisor as your coach is like turbo-charging your entrepreneurial engine from the sidelines.