Startup Lessons Learned

SEPTEMBER 30, 2008

Platform selection and technical design - if your business strategy is to create a low-burn, highly iterative lean startup, youd better be using foundational tools that make that easy rather than hard. But I think in a lean startup, the development methodology is too important to be considered "just management."

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Hearpreneur

APRIL 13, 2022

One of the most important lessons entrepreneurs can learn from Dropbox is to adopt the lean start-up methodology and start. Moreover, I like inspiring myself with interesting online business models and Wikipedia is a great example of a user-generated content-based website. Thanks to Fletcher Wimbush, The Hire Talent ! #2-

Artificial Inteligence 75

Artificial Inteligence Entrepreneur Technical Review Software Review 75

Startup Lessons Learned

JULY 29, 2009

I hope to show why lean and agile techniques actually reduce the negative impacts of technical debt and increase our ability to take advantage of its positive effects. Startups especially can benefit by using technical debt to experiment, invest in process, and increase their product development leverage.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

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

Startup Lessons Learned

APRIL 14, 2009

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.) In fact, this company hasn’t shipped any new products in months.

Customer 167

Customer San Francisco Lean Hockey Stick 167

ConversionXL

SEPTEMBER 6, 2013

Steve Blank, a serial entrepreneur in Silicon Valley, developed a methodology for creating businesses that runs in parallel with the traditional product development process. The core idea behind customer development is that the assumptions you make about a target market are only guesses. Pivot the product entirely.

Customer Development 126

Customer Development Conversion Developer Customer 126

Startup Lessons Learned

JUNE 5, 2009

One way to conceive of our goal in an early-stage venture is to incrementally “fill in the blanks&# for the business model that we think will one day power our startup. For example, say that your business model calls for a 4% conversion rate – as ours did initially at IMVU. for Harvard Business Revie.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Steve Blank

JUNE 25, 2009

They couldn’t keep up with the fast product development times that were enabled by using standard microprocessors. So their management teams were insisting that they OEM (buy from someone else) these products. The customers didn’t act particularly excited about the product and how brilliantly I presented it.

Technology 143

Technology Silicon Valley Fractional VPE Part-Time VPE 143

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. So if youre a lean startup earlyvangelist, read on. Great idea.

Lean 102

Lean Programming San Francisco Continuous Deployment 102

Up and Running

FEBRUARY 10, 2021

Beyond understanding your business strategy, investors will also want to understand your financial forecasts. They want to know how your business will function from a financial standpoint — what is typically called your “ business model.” Executive summary and/or Lean Plan. You might not get a meeting right away.

Business Plan 138

Business Plan Forecast Balance Sheet Exit Strategy 138

YoungUpstarts

MAY 10, 2012

Getting to Plan B: Breaking Through to a Better Business Model. Getting to Plan B encourages startups to realize that business plans often change, and in fact, your success as a startup depends on your ability to do just that. Running Lean: Iterate from Plan A to a Plan That Works.

Startup 247

Startup Lean Silicon Valley Open Source 247

Startup Lessons Learned

MAY 17, 2009

Lessons Learned by Eric Ries Sunday, May 17, 2009 Last chance to register for The Lean Startup at HP on May 21 This coming Thursday, May 21, is the last time Im currently scheduled to give the full Lean Startup presentation in the Bay Area. Many startups are now following the Lean Startup process. Expo SF (May.

Lean 60

Lean San Francisco Continuous Deployment DC 60

Startup Lessons Learned

JULY 15, 2010

We can’t even rely on a suite of line-extension products. We have to continually invent new categories of products, new platforms, and new business models – all extremely risky bets. Comprehensive means it has to address all aspects of a startups life: marketing and product development, especially.

IPO 166

IPO San Francisco Lean Silicon Valley 166

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Entrepreneurs put together their funding presentation by extracting the key ideas from their business plan, putting them on PowerPoint/Keynote and pitching the company – until they get funded or exhausted.

Customer Development 267

Customer Development Developer Customer Silicon Valley 267

Startup Lessons Learned

JUNE 21, 2010

Many startups don’t innovate at all in the product dimension, but use other kinds of innovation: repurposing an existing technology for a new use, devising a new business model that unlocks value that was previously hidden, or even simply bringing a product or service to a new location or set of customers previously underserved.

San Francisco 168

San Francisco Startup Lean Continuous Deployment 168

Startup Lessons Learned

AUGUST 16, 2010

First, SlideShare is a fantastic product (that I use on a regular basis) and an impressive company example of Lean Startup practices in action. Second, their story illustrates a key Lean Startup idea: proving the business in micro-scale. That is the essence of proving the business in micro-scale. How are we doing?

San Francisco 167

San Francisco Lean Analytics Continuous Deployment 167

Startup Lessons Learned

JULY 9, 2009

No business model, either. All my products and ideas focus on early cash and a business model that works from the first day. You made me remember that maybe, and just, MAYBE, the early days is not at there to earn money, but rather understand your user and improve your product. What was different this time?

San Francisco 94

San Francisco Lean Continuous Deployment DC 94

SoCal CTO

DECEMBER 1, 2010

few years ago I also started following Alexander Osterwalder in his blog about his Business Model Generation -mantra. Today, brands are hiring social media specialists for customer support, crowdsourced product development, promotions and even leads generation. Your First Iteration of an Idea Will Be Wrong. Absolutely.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Seeing Both Sides

AUGUST 3, 2012

The Lean Start-Up movement, as exemplified in Eric Ries' book The Lean Start-Up, has appropriately focused a great deal of attention on the hard decisions and techniques required to create a company from nothing. Akamai: The Present. The chart below shows the company’s strong financial performance from 2009 to the present.

Distribution 49

Distribution Lean Massachusetts Cofounder 49

Startup Lessons Learned

MARCH 21, 2013

Lean Analytics is the latest addition to the Lean Series. Business growth comes from improving one of these five “knobs”: More stuff means adding products or services, preferably those you know your customers want so you don’t waste time building things they won’t use or buy.

Analytics 167

Analytics Lean Metrics Churn Rate 167

ConversionXL

JUNE 14, 2021

This message appeals to customers who value a comfortable shave without leaning solely on the subscription business model. How do they present their features? This is the perfect opportunity to review how to apply your USP across your business. Convenience is table stakes in the DTC landscape.

Software Review 158

Software Review Audience Differentiation Framework 158

Startup Lessons Learned

DECEMBER 14, 2009

Lessons Learned by Eric Ries Monday, December 14, 2009 Business ecology and the four customer currencies Lately, I’ve been rethinking the concept of “business model&# for startups, in favor of something I call “business ecology.&# Constructing a working business model is a form of ecosystem design.

Customer 156

Customer San Francisco Viral Lean 156

Startup Lessons Learned

OCTOBER 6, 2008

Lessons Learned by Eric Ries Monday, October 6, 2008 When NOT to listen to your users; when NOT to rely on split-tests There are three legs to the lean startup concept: agile product development , low-cost (fast to market) platforms , and rapid-iteration customer development. I think Drucker said it best. Expo SF (May.

San Francisco 128

San Francisco Lean Continuous Deployment Agile 128

Startup Lessons Learned

MAY 7, 2009

Initially, IMVU sought to quickly build a product that would prove out the soundness of their ideas and test the validity of their business model. The Lean Startup Intensive is tomorrow at Web 2.0. for Harvard Business Revie. Amazing lean startup resources Is Entrepreneurship a Management Science?

San Francisco 131

San Francisco Continuous Deployment Software Review Lean 131

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. 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.

Software Review 74

Software Review Software Delaware Forecast 74

Startup Lessons Learned

MARCH 13, 2009

You have to know your business model. Most startups launch before theyve figured out what business theyre in. If the product needs to be tweaked just a little bit in order to convert users into customers, you want to figure that out before the launch. The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May.

San Francisco 168

San Francisco PR Lean Early Stage 168

conversionxl.com

SEPTEMBER 10, 2013

Steve Blank, a serial entrepreneur in Silicon Valley, developed a methodology for creating businesses that runs in parallel with the traditional product development process. The core idea behind customer development is that the assumptions you make about a target market are only guesses. Pivot the product entirely.

Customer Development 60

Customer Development Conversion Developer Customer 60

Steve Blank

MAY 7, 2009

Rob Adams, the director of MootCorp, is doing an amazing job at providing value to all participants, whether it’s feedback on their business model or making the right introductions. MootCorp in particular has an impressive track record of putting early stage tech companies on the right path towards funding.

Business Plan 156

Business Plan Silicon Valley RSS Venture Capital 156

Steve Blank

DECEMBER 8, 2015

Wants to promote intrapreneurship to extend its business model and retain creative employees like Google, Amazon, and Facebook do. An Innovation Outpost focused on the sense and respond model ( see Post ) will best work for a company when: A disruption has not already happened or is not imminent. Does it become a new division?

Silicon Valley 120

Silicon Valley Acquisition Boston Early Stage 120

Software By Rob

AUGUST 5, 2010

The knowledge that you need 10,000 hours to master a subject, that certain trends become viral after the 412th person adopts it, or that you should make your product remarkable, is not going to help you launch. Nor will it save you a single minute during product development, or sell one more copy of your application.

Founder 78

Founder Startup Software Review Software 78

maplebutter.com

JANUARY 8, 2013

How to stay lean and iterate quickly while you’re building a two sided marketplace, especially when “network effect” and “critical mass” are the two main focuses? Near shoring development with your team (ex: your team is based in Canada / India) is cool, but not outsourcing.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

betashop.com

OCTOBER 8, 2012

I firmly believe that in this age where the product development life-cycle is so short and user feedback comes so quickly, you will know within a year whether you are focusing on a worthwhile one thing. But, you can iterate and iterate on features, but you cannot iterate your way to a business model. Exec Ready.

Technical Review 108

Technical Review Technology Software Review Valuation 108

Startup Lessons Learned

JANUARY 28, 2009

Because, unless you are working in an extremely static environment, your product development team is learning and getting better all the time. 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). Great post, Eric.

San Francisco 79

San Francisco Lean Continuous Deployment DC 79

techcrunch.com

OCTOBER 23, 2010

or just present your crappy, first-run code to investors then pay someone to re-write the entire thing. Nosake From nothing to losing money every month with no business model in sight. link] alex grant I thought that presented a very clear image of how start-ups should be at the beginning. What did you do again?

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84

Transformify

JUNE 6, 2019

Called the Toyota Production System, it is one of the success stories about the lean manufacturing process. Lean manufacturing simply aims to minimize waste as much as possible because in this industry, and other manufacturing-related industries, it is very easy to accumulate it.

Lean 56

Lean Management Technical Review Software Review 56

steveblank.com

JULY 8, 2011

AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Team Configuration 500 Startups Guerilla Marketing Organizations Entrepreneurship Startup Founders & Entrepreneurs Startups Startup Incubators and Seed Programs Seedcamp Y Combinator TechStars Lean Startups What is the perfect startup team? Lakshman Prasad • Nov 16, 2010.

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51