Remove Business Model Remove Continuous Deployment Remove Metrics Remove Sales
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Lessons Learned: Validated learning about customers

Startup Lessons Learned

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) Every board meeting, the metrics of success change. And yet, their investors are frustrated.

Customer 167
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Embrace technical debt

Startup Lessons Learned

For example, IMVU’s early business model was made possible by Paypal’s easy self-serve and open access payment system. This makes lean supply chains more robust in the face of the unexpected: if sales suddenly dry up, they are stuck with less unsold inventory and simultaneously have less debt to service.

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Case Study: SlideShare goes freemium

Startup Lessons Learned

Designed for large businesses, the channels let a company share several types of documents, brand the channel with their own design elements, and then include display advertising, contest promotions, blog aggregation, social media integration and metrics reporting. That is the essence of proving the business in micro-scale.

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Lessons Learned: Don't launch

Startup Lessons Learned

In particular, a marketing launch can help you do three things (courtesy, as is most of my marketing advice, of The Four Steps to the Epiphany ): Drive customers into your sales pipeline. You have to know your business model. Most startups launch before theyve figured out what business theyre in. Gattiker said.

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Lessons Learned: Refactoring yourself out of business

Startup Lessons Learned

On the one hand, I think they have an urgent problem, and need to invest 100% of their energy into finding a business model (or another form of traction). Only one occasion was a substantial rewrite justified based on performance metrics. Given their precarious situation, I really struggled with what advice to give. Homer said.