Remove Cost Remove Dividend Remove Metrics Remove Product Development
article thumbnail

Speed up or slow down? (for Harvard Business Review)

Startup Lessons Learned

This is the first post that moves into making specific process recommendations for product development. Hence, cutting corners often paid huge dividends. Two Ways to Hold Entrepreneurs Accountable Beware of Vanity Metrics For Startups, How Much Process Is Too Much? Labels: product development Speed up or slow down?

article thumbnail

How To See The Distinction Between Business Objectives And Business Priorities

YoungUpstarts

To put a finer point on it, we have found that when you adhere to the following three demand-based priorities companies can drive growth while saving 20% or more of total costscosts that are often completely overlooked through traditional cost-savings mechanisms. Complexity in the system explodes, as do costs.

Green 133
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lessons Learned: Work in small batches

Startup Lessons Learned

These changes pay increasing dividends, because each improvement now direclty frees up somebody in QA at the same time as reducing the total time of the certification step. Luckily, I now have the benefit of a forthcoming book, The Principles of Product Development Flow. Interesting post. February 25, 2009 8:12 PM Anonymoussaid.

article thumbnail

Your B2B Demand Generation Funnel: How to Create One and Mistakes to Avoid

ConversionXL

Stage 1: Target the right metrics for an effective long game. But when executed right, it pays dividends. In today’s market ( 8,000 martech products alone ), it’s easier to attract the right customer with material they value than it is to chase down and convert a prospect who isn’t ready to buy. email, ads, retargeting, etc.)

Demand 124
article thumbnail

Lessons Learned: Inc Magazine on Minimum Viable Product (and a.

Startup Lessons Learned

"We do not develop a product until we get a paying customer," says Orit Pennington , who co-founded the six-employee company with her husband in 2002. Development time is typically no more than two to three weeks, and it generally takes just a few orders to cover development costs. Read the rest. Read the rest.

article thumbnail

How to conduct a Five Whys root cause analysis

Startup Lessons Learned

Yet in every situation where I have asked, nobody has been tasked with making a realistic estimate, either of the impact of this lack of training or the real costs of the solution. Remember that the cost of the solutions is proportional to the problem caused. In fact, even the investigation itself is considered too much work.

article thumbnail

Lessons Learned: Refactoring yourself out of business

Startup Lessons Learned

Because, unless you are working in an extremely static environment, your product development team is learning and getting better all the time. If thats not a team-wide phenomenon, then its still a form of waste, because everyone has to learn every lesson before it starts paying dividends. Share what you learn. Great post, Eric.