Remove Customer Development Remove Entrepreneur Remove Product Development Remove Valuation
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Is the Lean Startup Dead?

Steve Blank

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. They needed to be sure that what they were building was what customers wanted and needed. And if the company does go public, the valuations are at least 10x of the last bubble. It’s the antithesis of the Lean Startup.

Lean 335
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Raising Money Using Customer Development

Steve Blank

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Product Development – Getting Funded as The Goal In a traditional product development model, entrepreneurs come up with an idea or concept, write a business plan and try to get funding to bring that idea to fruition.

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Create Structure out of the Gate and You’ll Thank Yourself Later

Feld Thoughts

Ari Newman is an entrepreneur, mentor, investor, and a friend. He works at Techstars where his responsibility is to ensure that the connections between alumni, mentors, and staff are as robust as they can be – helping entrepreneurs “ do more faster ” day in and day out. Three months in, the burn is now at $70k/month.

Burn Rate 152
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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. In this model, you take some fraction of the lifetime value of each customer and plow that back into paid acquisition through SEM, banner ads, PR, affiliates, etc.

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Lessons Learned: A hierarchy of pitches

Startup Lessons Learned

Most of the times I have seen pitches fail, it is not because they are poorly written, or that the entrepreneur lacks passion. Most important slide: valuation Promising results Key questions: can you monetize that traffic? (or The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup?

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Innovation, Change and the Rest of Your Life

Steve Blank

The second thing that’s changed is that we’re now Compressing the Product Development Cycle. In the 20 th century startups I was part of, the time to build a first product release was measured in years as we turned out the founder’s vision of what customers wanted. We now have specific management tools to grow startups.

Restful 243
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Startup Tools

steveblank.com

AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.