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Lessons Learned: The lean startup

Startup Lessons Learned

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. My belief is that these lean startups will achieve dramatically lower development costs, faster time to market, and higher quality products in the years to come. July 15, 2009 11:18 PM markmontgomery said.

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Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

You get increasing growth by optimizing the viral loop , and you get revenue as a side-effect, assuming you have even the most anemic monetization scheme baked into your product. Paid - if your product monetizes customers better than your competitors, you have the opportunity to use your lifetime value advantage to drive growth.

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Pivot, don't jump to a new vision

Startup Lessons Learned

As Steve writes in the Four Steps to the Epiphany , we always seek to find a market for the product as currently specified , not conduct a focus group to tell us what the spec should be. It gave the whole company license to go heads-down building product as fast as possible during the development cycle, acting as a solution team should.

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Good enough never is (or is it?)

Startup Lessons Learned

One of the sayings I hear from talented managers in product development is, “good enough never is.&# This success was aided by the fact that it did just one thing extremely well – its lack of extra features emphasized its differentiation. It’s inspirational, always calling the team to try harder and do better.

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The Steve Jobs method

Startup Lessons Learned

He doesnt put out crappy, buggy products and then ask for feedback. My normal answer is that I dont really think thats how Apple products are built. Thats what so many techniques that I advocate are all about: customer validation , minimum viable product , vision pivots , and even throwing away working code. It just wasnt great.

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Four myths about the Lean Startup

Startup Lessons Learned

Lean Startups waste less money, because they use a disciplined approach to testing new products and ideas. Lean, when used in the context of lean startup, refers to a process of building companies and products using lean manufacturing principles applied to innovation. Myth: The Lean Startup methodology is only for Web 2.0/internet/consumer

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Three decisions to make on virtual goods

Startup Lessons Learned

It got me thinking about what decisions are essential when building a virtual goods product. These decisions cause problems that will challenge you for years, if you are lucky enough to be successful with your product. Most systems that come out of the video game world use subscriptions, as do products targeted primarily at kids.