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Lead and Disrupt

Steve Blank

These tools—Customer Development, Agile Engineering, and Business Model design—became the lean start-up methodology , a rigorous approach to testing hypotheses and building prototypes, and, on the basis of data and evidence, adjusting or pivoting to a variant of the original hypothesis. Scaling is the crux of ambidexterity.

Incubator 402
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Nokia as “He Who Must Not Be Named” and the Helsinki Spring

Steve Blank

You find early stage employees expecting to work normal hours, to get paid a regular salary, and not asking or expecting equity. Filed under: Business Model versus Business Plan , Customer Development , Teaching , Venture Capital. There isn’t much of a killer instinct among the masses.

Finland 324
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China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

Even though they’re next to Zhongguancun, the hottest place for startups in China, there seems to be a lower appetite for risk, a lack of interest in equity (instead optimizing for a high salary) and very little loyalty to any one company. Because salaries are cheap, startups seem to try to solve every problem by throwing bodies at it.

China 323
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6 Cost-Cutting Recommendations For New Entrepreneurs

Startup Professionals Musings

It wasn’t so many years ago that starting a new e-commerce business on the Internet was a complex custom development project, usually costing a million dollars or more. As an old rule-of-thumb, startups realized that employees cost double the salaries paid, to cover office costs, health-care benefits, and workers compensation.

Cost 405
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The evolution of early stage investing in the UK

The Equity Kicker

We see this all the time at Forward Partners where we invest right from the idea stage and most of the companies get a first version of their product live for less than £30k (that generally includes founder salaries and time spent doing customer research).

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Affordable and Efficient App Development

The Startup Magazine

Cost-savings with the more affordable developer and IT project manager salary. High-quality development with talent that carries a stronger work ethic. Although you may wonder how many developers should I hire, when you find the right team, you’ll get everything you need under one roof. Better lines of communication.

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China Startups – The Gold Rush and Fire Extinguishers (Part 5 of 5)

Steve Blank

Even though they’re next to Zhongguancun, the hottest place for startups in China, there seems to be a lower appetite for risk, a lack of interest in equity (instead optimizing for a high salary) and very little loyalty to any one company. Because salaries are cheap, startups seem to try to solve every problem by throwing bodies at it.

China 215