Remove Cofounder Remove Customer Remove Product Development Remove Startup
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How To Survive The Loss Of A Main Customer

YoungUpstarts

by Zain Jaffer, serial entrepreneur and the Founder and CEO of Zain Ventures. In the early stages, it isn’t uncommon for businesses to bank their earnings on a handful of customers (or sometimes, just one). The loss of these major customers can have a dramatic impact on both internal (employees) and external contributors (investors).

Customer 347
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Is the Lean Startup Dead?

Steve Blank

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

Lean 335
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Why You Should Be Doing Product Discovery

YoungUpstarts

by Nick Frandsen, co-founder and managing partner at Dovetail. You envision your business as the next Uber or Spotify, yourself as the next Steve Jobs or Elon Musk, reaching that prestigious ‘unicorn’ startup status in record time. Notably, this occurs prior to building the Minimum Viable Product , or ‘MVP’. It’s genius!

Product 264
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8 Advantages To Building Your Own Startup Prototypes

Startup Professionals Musings

I believe the Maker Movement and hardware startups with limited resources are made for each other. In today’s fast moving market, the basic product development cost and time are critical to survival. They come at the early stage while a startup has no revenue or valuation, so professional investors are hard to find.

Startup 397
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Why More Funding Won’t Magically Fix Your Startup

Mucker Lab

This post originally appeared in TechCrunch back in 2015, written by our co-founder and managing partner Erik Rannala. Like a teenager with a million-dollar allowance and an identity crisis, a startup with too much capital and no product-market fit will become capable of making larger mistakes. Hire the wrong people.

Startup 78
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Recruiting Should Be Your #1 Priority From Day 1

YoungUpstarts

by Felix Winstone, Co-Founder and Managing Director at Talkative. As a startup co-founder with a growing team, here are the recruiting tips I’ve learnt over the last couple of years. Robert Metcalfe, co-founder and CEO of 3Com, says you need to think about it as “recruiting, not hiring”.

Cofounder 164
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Business Lessons Often Ignored In The Heat Of Passion

Startup Professionals Musings

As a startup advisor and angel investor, I tend to focus on the much longer list of ways your startup can fail, based on my own experience and inside knowledge from peers who you will never see highlighted on the Internet. If you don’t have all these interests and skills, even your most “disruptive” products will likely fail.