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Lessons Learned: Product development leverage

Startup Lessons Learned

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in product development. Leveraged distribution channels.

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Growth strategies for marketplaces: key takeaways from a fireside chat on growth

Version One Ventures

Just a decade ago, most software/cloud startups used a traditional model where product and marketing were siloed: product teams created the product and marketing drove people to the website to buy it. This means that growth needs to be baked right into the product idea from the start.

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How much does it cost to build the world’s hottest startups?

The Next Web

“But a good developer could make it quicker.”. Assume $160 for a Ruby on Rails course plus free Heroku, a cloud platform as a service that allows you to instantly deploy an app. But if you were to replicate the product exactly, all those decisions are made for you. However, Werdelin is quick to qualify his statement.

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How to Hack Growth When Growth Stalls

ConversionXL

Past Product: Lackluster Marketing Causes Growth Stalls, Too. These pitfalls are not limited to product development. Often, erosion of customer loyalty has been going on for years but the company has failed to perceive it—until it’s too late. Swimming with Sharks.

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6 Crucial Kinds Of Expenditure Your Startup Needs To Prepare For

YoungUpstarts

Product Development. Marketing and distribution are recurring costs that you can only trim so far. Your product might “sell itself,” but it still has to get into customers’ hands somehow.) Once you’re in, huddle with mentors to refine your plan. Make it through enough cuts and you might even win a few bucks.

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3 Ways To Avoid Being Seen As A Fraud In Your Crowdfunding Campaigns

YoungUpstarts

Address any concerns before they happen by keeping your audience members informed of your current production cycle stage. Most backers lack experience with product development, manufacturing, and distribution. Resist the urge to plan second product versions or other distribution opportunities.

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26 Entrepreneurs Explain Their Major Accomplishments in 2017

Hearpreneur

We’re very new to the industry, and while we’re passionate about the product, there have been obstacles every step of the way – production, shipping, distribution, etc. But it’s rewarding to see our customers so excited about the product, and the huge growth in sales from last year has been encouraging.