Remove Burn Rate Remove Hiring Remove Lean Remove Metrics
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Is the Lean Startup Dead?

Steve Blank

He just hired Meg Whitman. It’s the antithesis of the Lean Startup. Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. The Rise of the Lean Startup. the ex-CEO of HP and eBay, as CEO of NewTV.

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A Startup Founder’s Guide To Reducing Risk

YoungUpstarts

Start Lean. As tempting as it can be to do everything at once, be patient and start lean. . Building a lean business with lean products ensures you don’t pigeon-hole yourself into a situation where you’re unable to back your way out. Keep Cash Burn Low. The first step is to calculate your burn rate.

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8 Startup Excesses Which Will Jeopardize The Business

Startup Professionals Musings

Waste in a startup is any activity that burns resources, but creates no value or competitive advantage in the eyes of customers. Much has been written about this subject in the world of manufacturing, stemming primarily from the 1990’s work by Taiichi Ohno, called the Toyota Production System (“Lean”). Lack of communication.

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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. Three months in, the burn is now at $70k/month. It’s too early for that s**t.

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Blue Collar VC

Mucker Lab

Every week, we speak with entrepreneurs who feel like they have solid metrics and growth, but they see other founders effortlessly raise millions of dollars with nothing more than an impressive PowerPoint deck. The ones who would rather hire a sales guy than spend money on flavored morning lattes. We understand. The underdogs.

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Dragons, Bootstrapping and Women in Tech

Up and Running

Statdragon is a Saas platform that allows businesses to access and analyze metrics about their existing videos and optimize their video marketing strategy. Nelson has some tips: Know your burn rate. Hire and surround yourself with people who are hungry for the opportunity and super driven,” she advises.

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Lessons Learned: Cash is not king

Startup Lessons Learned

In lean times, it’s most important to focus on cutting costs in ways that speed you up, not slow you down. To increase the number of iterations you have left, you can either increase cash on hand (by raising money or increasing revenues), reduce burn rate, or increase the speed of each iteration. Work in small batches.