Startup Lessons Learned

APRIL 26, 2009

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. Its a key lean startup concept.

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Product Development Developer San Francisco Product 88

Startup Professionals Musings

SEPTEMBER 20, 2021

Thus entrepreneurs were able to build prototypes and design new products without the traditional huge prototyping cost. The movement has long since spread across the country and across the globe, spawning innovative products such as the MakerBot Digitizer and all the things you can access from Thingiverse.com.

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Startup Cofounder Incubator Early Stage 397

Steve Blank

APRIL 23, 2018

When Sloan arrived at GM in 1920 he realized that the traditional centralized management structures organized by function (sales, manufacturing, distribution, and marketing) were a poor fit for managing GM’s diverse product lines. Modern Corporation Marketing. auto market. car market. General Motors had 20%.

Michigan 296

Michigan Cofounder Stock Forecast 296

David Teten

APRIL 1, 2021

Nick Kim , Crosscut’s Head of Platform, in his presentation at the 4th Annual VC Platform Summit, shared their Platform development methodology, which he viewed as an exercise in product development. For example, recruiting writ large is useful at all stages of development. AskAnything.VC Organize events in your vertical.

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Private Equity Venture Capital Portfolio Equity 78

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Outside investors are most interested in scaling a proven business model, not research and development. Most founders bootstrap product development.

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Technical Review Intellectual Property Cofounder Bootstrapping 120

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Alternative Capital. “

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Revenue Technical Review Software Review Equity 60

The Next Web

MARCH 6, 2014

Here’s a problem I bet every non-technical founder has experienced: the communication gap between what the biz dev team wants and what the tech team thinks they want, and vice versa. It’s disruptive, and for founders, very frustrating to watch. Kelsey Meyer , Influence & Co. Their answers are below. Cross Train Members.

Technical Review 129

Technical Review Development Team Review Developer Agile 129

Both Sides of the Table

APRIL 28, 2010

Dave’s a great guy with a good sense of humor and a broad knowledge of the market, which is why I was excited that he could be on the show. It is a platform to help brands building viral marketing campaigns. They focus on trying to drive engagbranded social media marketing campaigns (e.g. 15mm in Series A.

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Venture Capital Cofounder Spain San Diego 270

Startup Lessons Learned

APRIL 29, 2013

This post was written by Sarah Milstein, co-host of The Lean Startup Conference. Most commonly, that’s uncertainty about whether you can build the product at all (what MBAs call “technical risk”) or whether anybody will use or buy it (“market risk”). Often, in very young organizations, those people are simply the founders.

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Lean Technical Review Startup Software Review 165

Both Sides of the Table

DECEMBER 16, 2009

He told me that when the markets soured they were no longer hot. They realized that they were selling a bunch of cool products but none that had enough economic value. We couldn’t cut product development (we had 23 people!) The reality is that the market has changed and I need to change to the new realities.

Entrepreneur 306

Entrepreneur Burn Rate Cofounder Sales 306

The Startup Magazine

MAY 8, 2024

The best part of being a startup, though, is your ability to be more flexible and nimble to meet the evolving and specialized needs of your market. Instead of calling yet another “ideation session” with your product team, use the following tips to instantly innovate for increased revenues with the least amount of effort and wrong turns: 1.

Artificial Inteligence 88

Artificial Inteligence Cofounder Demand Lean 88

www.tangosource.com

MARCH 8, 2012

You are here: Blog > Finding a technical co-founder: Youâ??re Finding a technical co-founder: Youâ??re re trying to create a new product as a non technical person, it might seem easy at first, until you start looking for real technical partners. As a potential technical co-founder, thereâ??s

Cofounder 48

Cofounder Founder SEO LLC 48

Startup Lessons Learned

JULY 13, 2009

Lessons Learned by Eric Ries Monday, July 13, 2009 The Principles of Product Development Flow If youve ever wondered why agile or lean development techniques work, The Principles of Product Development Flow: Second Generation Lean Product Development by Donald G. Reinertsen is the book for you.

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Product Development Developer San Francisco Product 153

Up and Running

SEPTEMBER 6, 2016

To create this first year in business checklist, I turned to our in-house experts here at Palo Alto Software: Sabrina Parsons, CEO; Noah Parsons, COO; Josh Cochrane, Vice President of Product Development; and Josh Fegles, Academic and Government Channel Sales Director, and founder of gluten-free cookie company Jude’s Foods.

Forecast 60

Forecast Software Review Lean Finance 60

Startup Lessons Learned

SEPTEMBER 15, 2008

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process.

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Lean San Francisco Startup Continuous Deployment 168

VC Cafe

SEPTEMBER 8, 2023

As David Sacks from All in put it: On aggregate, a lot of funding was also deployed to startups in the application layer – investing in founders leveraging generative AI to either solve narrow tasks, or bring automation to tasks to reduce costs, increase accuracy, speed etc.

Generative AI 78

Generative AI ChatGPT Artificial Inteligence Cofounder 78

Startup Professionals Musings

JUNE 21, 2014

Here are some key positives from an entrepreneur perspective: Shorten the time and cost from idea to prototype. In today’s fast moving market, the basic product development cost and time are critical to survival. Low-cost design and fabrication tools are extremely valuable. Diversity breeds success.

Entrepreneur 246

Entrepreneur Detroit California Cofounder 246

Startup Lessons Learned

NOVEMBER 8, 2008

But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." Many of us are not accustomed to thinking about markets or customers in a disciplined way. We know some products succeed and others fail, but the reasons are complex and the unpredictable.

Customer Development 168

Customer Development Developer San Francisco Customer 168

Up and Running

JUNE 14, 2017

Some believe in the all-in approach to product development: build an advanced app. Furthermore, as I was proving the viability of Recycler Spotter through the free version, I could have pre-sold the paid membership at a discount for another layer of validation that would have also helped finance product development.

Technical Review 96

Technical Review Distribution Redemption Demand 96

Startup Lessons Learned

APRIL 14, 2009

It should be even more important to the founders themselves, because it demonstrates that their business hypothesis is grounded in reality. Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. In fact, this company hasn’t shipped any new products in months.

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Customer San Francisco Lean Hockey Stick 167

Startup Lessons Learned

MARCH 25, 2010

This is the first post that moves into making specific process recommendations for product development. Labels: product development Speed up or slow down? This is the first post that moves into making specific process recommendations for product development. Hence, cutting corners often paid huge dividends.

Software Review 141

Software Review San Francisco Lean Continuous Deployment 141

Startup Lessons Learned

SEPTEMBER 7, 2008

In a startup, both the problem and solution are unknown, and the key to success is building an integrated team that includes product development in the feedback loop with customers. 2008 09 06 Eric Ries Haas Columbia Customer Development Engineering View SlideShare presentation or Upload your own.

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Customer Development Engineer San Francisco Developer 131

Startup Lessons Learned

JULY 3, 2009

The same has been true of an unfortunate number of startups, they manage to generate a lot of hype, raise a lot of money, and sometimes make some of their investors, employees, or founders rich. Although there is cost and overhead associated with continuous deployment, the benefits are immense. Danger, Will Robinson.

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Lean San Francisco Continuous Deployment Cofounder 60

Steve Blank

AUGUST 27, 2012

What I saw reminded me of some of the best and worst things I did as a founder. We’re building the wrong product!” Some of the engineers figuring if the founder was declaring they were toast in 90 days were updating their resumes. But like all great founders some of these insights are simply hallucinations.

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Founder Cofounder Advisory Board Burn Rate 321

Startup Lessons Learned

AUGUST 2, 2008

It costs not just the time of the actual meeting, but the time getting there and back, and the time preparing for it beforehand and thinking about it afterward. Its to everyones advantage to let the world think the founders thought of everything. I say this as a founder: the contribution of founders is always overestimated.

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San Francisco Software Review Technical Review Continuous Deployment 125

Startup Lessons Learned

OCTOBER 20, 2008

Lessons Learned by Eric Ries Monday, October 20, 2008 The engineering managers lament I was inspired to write The product managers lament while meeting with a startup struggling to figure out what had gone wrong with their product development process. We were using it to get features to market faster, and that was working well.

Software Review 164

Software Review Engineer Management Technical Review 164

Startup Lessons Learned

SEPTEMBER 30, 2008

So what does CTO mean, besides just "technical founder who really cant manage anyone?" If the CEO wants to completely change the product in order to serve a new customer segment, you need someone in the room who can digest the needs of the new (proposed) business, and lay out the costs of each possible approach.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Steve Blank

JUNE 25, 2009

Twenty eight years ago I was the bright, young, eager product marketing manager called out to the field to support sales by explaining the technical details of Convergent Technologies products to potential customers. The answer depends on your answer to two questions: which step in the Customer Development process are you on?

Technology 143

Technology Silicon Valley Fractional VPE Part-Time VPE 143

Startup Lessons Learned

NOVEMBER 7, 2008

We spent weeks working on this new product, racing the clock so it would be done in time for the real presidential debates. We had endless arguments internally about what features it should include, how the avatars should look, and how much it should cost. Just load them all in and choose a low cost-per-click. I used to use $.05,

Demand 167

Demand San Francisco Lean Continuous Deployment 167

Startup Lessons Learned

JULY 29, 2009

Like a financial debt, the technical debt incurs interest payments, which come in the form of the extra effort that we have to do in future development because of the quick and dirty design choice. Although it costs to pay down the principal, we gain by reduced interest payments in the future.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

Genuine VC

MARCH 24, 2014

The five conditions for a Series A financing which he enumerated are: a core team ready to scale, demonstrable market size, repeatable cost effective customer acquisition, metric momentum, and plausible monetization. The strategy here is to foster product development and marketing which creates overall (semi-)organic user momentum.

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Seed Capital Metrics Cofounder Revenue 212

A Smart Bear: Startups and Marketing for Geeks

MAY 1, 2012

This is a choice that every startup founder must make , so I’d like to dig in deeper. To clarify the discussion, let’s use a simpler model: Companies A and B both sell products with recurring monthly revenue, and both brought in $10,000 in revenue last month. Market size Suppose the total addressable market is small.

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Customer Revenue Acquisition Cofounder 320

Startup Lessons Learned

SEPTEMBER 2, 2008

We wanted an agile approach that would allow us to build our software architecture as we needed it, without downtime, but also without large amounts of up-front cost. After all, the worst kind of waste in software development is code to support a use case that never materializes. Take a look and let me know what you think.

San Francisco 94

San Francisco Continuous Deployment Agile Lean 94

Startup Lessons Learned

NOVEMBER 4, 2008

It is becoming easier and cheaper for companies to bring products to market, leveraging free and open source software , cloud computing, open social data (Facebook, OpenSocial ), and open distribution (AdWords, SEO). Lean startups have the ability to use this commodity stack to lower costs and, more importantly, reduce time to market.

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Lean San Francisco Agile Continuous Deployment 102

Lightspeed Venture Partners

JANUARY 6, 2011

And congrats to Alex Le, cofounder of a prior investment, Serious Business, whose first game since the Zynga acquisition is CityVille.]. Our engineers often come up with great ideas, and they are the most productive when they work on these ideas. Marketing who we are, not who we may want to be one day.

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Stealth Startup Lean Cofounder 60

Seeing Both Sides

FEBRUARY 25, 2016

. (this post was originally published in Harvard Business Review and is co-authored with Nadav Benbarak of Okta.). By viewing product development and marketing as integrated functions, not silos, leading tech companies like Facebook and Pinterest are rethinking their approach to driving growth and achieving breakthrough results.

Management 20

Management Analytics Technical Review Framework 20

Seeing Both Sides

FEBRUARY 25, 2016

. (this post was originally published in Harvard Business Review and is co-authored with Nadav Benbarak of Okta.). By viewing product development and marketing as integrated functions, not silos, leading tech companies like Facebook and Pinterest are rethinking their approach to driving growth and achieving breakthrough results.

Management 20

Management Analytics Technical Review Framework 20