article thumbnail

Lessons Learned: Achieving a failure

Startup Lessons Learned

Build the product in stealth mode to build buzz for the eventual launch. But that was two full years before any customers were allowed to use it. Stealth is a customer-free zone. I myself didnt understand it until I had the opportunity to view that failure through the lens of the customer development theory.

article thumbnail

It’s Time to Play Moneyball: The Investment Readiness Level

Steve Blank

Teams use the Lean Startup toolkit: the Business Model Canvas + Customer Development process + Agile Engineering. These three tools allow startups to focus on the parts of an early stage venture that matter the most: the product, product/market fit, customer acquisition, revenue and cost model, channels and partners.

Oakland 326
Insiders

Sign Up for our Newsletter

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

article thumbnail

Lean Startup fbFund wrap-up

Startup Lessons Learned

bigs : @ericries says Stealth dev is a (undesirable, failure-presaging) customer-free zone. LeanStartup Of course, a big enabler of those kinds of mistakes is stealth-mode. Another recent meme that I hope more and more startups will take to heart: "stealth is a customer-free zone." What if its both of you?

Lean 60
article thumbnail

Lessons Learned: Using AdWords to assess demand for your new.

Startup Lessons Learned

If you cant find any , maybe that means you havent figured out who your customer is yet. And if you dont know who your customer is, perhaps some customer development is in order? Labels: customer development , search engine marketing 13comments: Jim Lindstrom said. What is customer development?

Demand 167
article thumbnail

Corporate Venture Capital: Obligatory or Oxymoron?

David Teten

Mari is now building a new venture in human-machine interaction within the Samsung accelerator, currently in stealth mode. New York Times’ timeSpace is a good example. Corporations in turn benefit from the new technologies, products and services these startups bring to the table. Can the founders communicate well?

article thumbnail

How to conduct a Five Whys root cause analysis

Startup Lessons Learned

I feel like I would have to introduce this by stealth. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? I suppose we could ask "why does our relationship with this vendor allow these problems to continually arise?" Take a look and let me know what you think.