Startup Lessons Learned

OCTOBER 11, 2018

As we put the final touches on Lean Startup Conference 2018 , I wanted to take a moment to share more about some of the panels, workshops, and events. That’s the growth management strategy that prioritizes speed over efficiency in an environment of uncertainty as an organization scales. For the whole program, please take a look here.

Lean 103

Lean Las Vegas Cofounder Startup 103

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Set expectations accordingly.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Steve Blank

NOVEMBER 5, 2009

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. What are Early Stage VC’s Really Asking? How many are there?

Customer Development 266

Customer Development Developer Customer Silicon Valley 266

Up and Running

DECEMBER 6, 2012

Today, I want to introduce you to a new concept for starting and growing successful companies: Lean Planning™. Before I dive too deeply into the Lean Planning methodology, it makes sense to talk about its history and where it comes from. Determine your target market: You need to know and understand your customers.

Lean 147

Lean Silicon Valley Forecast Technical Review 147

Startup Professionals Musings

JULY 14, 2014

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Set expectations accordingly.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JULY 1, 2017

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Set expectations accordingly.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Set expectations accordingly.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Steve Blank

MARCH 8, 2011

In January, we introduced a new graduate course at Stanford called the " target="_blank">Lean LaunchPad. It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. to get hard-earned information. The First Class.

Lean 303

Lean Business Model Customer Development Guinea 303

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Set expectations accordingly.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Any custom manufactured IoT device would require software development as well as hardware customization. Early-stage. Growth and expansion stages.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Lessons Learned

SEPTEMBER 29, 2016

Guest post by Jennifer Maerz, contributing editor of Lean Startup Co. The Lean Startup team has been hard at work finalizing the details of this year’s Lean Startup Week. Welcome to Lean Startup Week 2016 TL;DR: Before you dive into the details, here’s a quick look at what you can expect during your week with us: On Oct.

Lean 60

Lean Programming San Francisco Startup 60

SoCal CTO

MARCH 1, 2010

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. Great stuff. This post looks at the implementation details of HTML 5 video.

Acquisition 150

Acquisition Cofounder Technical Cofounder Cost 150

YoungUpstarts

DECEMBER 7, 2017

These five strategies are proven to work for early-stage companies in a variety of industries — including, perhaps, yours. But it’s not perfect — merely good enough to perform its intended function and delight your first customers in the process. Adequate documentation for Customs clearance. Stay Lean and Low.

Cost 100

Cost Developer Small Business Administration Marketing 100

Both Sides of the Table

MARCH 30, 2011

I’m a very big proponent of the “lean startup movement&# as espoused by Steve Blank & Eric Ries. In the initial phases of any new market you’re developing a product (hopefully with a minimal set of features), getting feedback from customers, refining your product based on user feedback and then re-launching your product.

Development Team Review 374

Development Team Review Technical Review Bulgaria Lean 374

Steve Blank

SEPTEMBER 14, 2017

— I just watched a very smart company try to manage innovation by hiring a global consulting firm to offload engineering from “distractions.” There was no burden on those who proposed a new idea or technology to talk to customers, build minimal viable products, test hypotheses or understand the barriers to deployment.

Incubator 316

Incubator Curation Engineer Government 316

Startup Lessons Learned

MAY 31, 2019

Scott Kupor is the managing partner at Andreessen Horowitz, where he’s responsible for all operational aspects of running the firm. He's been with the firm since its inception in 2009 and has overseen its rapid growth, from three employees to 150+ and from $300 million in assets under management to more than $10 billion.

Lean 108

Lean Venture Capital Conversion IPO 108

Steve Blank

NOVEMBER 16, 2009

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers?

Customer Development 227

Customer Development Web Developer Customer 227

Both Sides of the Table

APRIL 2, 2014

There’s a healthy balance between allowing a design team to dream up functional requirements, talk with customers, analyze competitors and for technical projects – research the latest cool-kid tools to play with. There is nothing that will focus the mind more than not wanting to be on stage with a demo that bombs.

Software 344

Software Part-Time VPE Engineer Leadership 344

Up and Running

AUGUST 20, 2018

Most of us need just a Lean Business Plan, for internal use, with just bullet point lists and important projections. Good businesses always keep their Lean Plan up to date. The lean business plan is great news because it makes the planning process much less daunting. More on that in the section on the Lean Plan.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

Startup Professionals Musings

JULY 8, 2015

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Set expectations accordingly.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Up and Running

DECEMBER 17, 2020

Do you have a strong management team in place? . And one question that many startups overlook at the early stages of formulating their business plans: do you have a well-reasoned, effective, and budget-savvy marketing plan? You have to attract customers to your sites before they can enjoy the delicious content you’re serving up.

Marketing 142

Marketing Technical Review SEO Hosting 142

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? In an early-stage startup especially, revenue is not an important goal in and of itself. The problem stems from selling each customer a custom one-time product.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Both Sides of the Table

OCTOBER 6, 2010

But in my experience as an entrepreneur and now spending my time amongst investors I can generalize that almost all VC investments in early stage technology & Internet investments come down to just four key factors. And VC’s are tough customers. Management Team - This is really a sine qua non.

Early Stage 360

Early Stage Startup Venture Capital Seed Stage 360

The Startup Magazine

OCTOBER 9, 2019

The vast majority of startups fail because the founders that drive them fail to recognize the importance of critical factors such as accounting, cash flow management, and business structure. . Practice Effective Cash Flow Management. Nine out of ten startups fail solely due to improper cash flow management.

Technical Review 112

Technical Review Bootstrapping Startup Finance 112

Startup Lessons Learned

JULY 30, 2009

Lessons Learned by Eric Ries Thursday, July 30, 2009 Techstars brings The Lean Startup to Boulder Im very excited to announce a pair of events that will kick off a very busy fall speaking tour. The event will include a talk from Eric on The Lean Startup over dinner, followed by moderated table discussion and then final Q&A with Eric.

Lean 68

Lean San Francisco Continuous Deployment DC 68

Up and Running

DECEMBER 11, 2019

Then, set some micro-goals to break the process into manageable parts. Spend X time doing market research (or getting customer feedback). Write the section of the plan (opportunity, execution, management, marketing, financial plans, etc—see a list of sections in this article ). Guide to writing a one-page lean plan .

Business Plan 95

Business Plan Lean Software Review Early Stage 95

ReadWriteStart

JANUARY 16, 2020

In other words, the CTO is responsible for all the technical aspects of company processes, professional tech-team management, and strategic decision-making. The same person can be a developer and a technical manager, while a non-technical founder is more likely to be accountable for marketing. Early-stage startups.

Fractional CTO 85

Fractional CTO CTO CTO Hire Part-Time VPE 85

Mucker Lab

MAY 28, 2020

This post originally appeared in TechCrunch back in 2015, written by our co-founder and managing partner Erik Rannala. These lost startups land higher valuations, have larger teams, outsource more product development and spend more money on customer acquisition than their peers. Sometimes founders misapply lean startup methodology.

Startup 78

Startup Cofounder Burn Rate Technical Review 78

Up and Running

AUGUST 8, 2018

It only takes an hour each month, keeps the management team up to speed on everything that’s going on in the company, and helps us plan and manage in a lean and effective way. We treat planning not as a document, but as a management tool that helps guide decisions and strategy. Let’s do the numbers. Issues to process.

Software Review 65

Software Review Business Plan Product Forecast 65

The Next Web

JANUARY 26, 2014

Ohad Frankfurt is the cofounder and CEO of Swayy , a personalized content curation and management platform. We had built an impressive technology and a really cool product in less than three months, and we tried keeping it “lean” in every way we could. As an Israeli startup aiming for foreign markets – the risk is even higher.

Programming 162

Programming Early Stage Founder Technical Cofounder 162

The Startup Magazine

MAY 26, 2024

As a respected thought leader in the tech community, she provides funding to early-stage startups that are ready to share their vision with the world. This philosophy is demonstrated in her collaborations, as she leans on art to help fill the gap between society and technology.

Los Angeles 78

Los Angeles Global Founder Venture Capital 78

Startup Lessons Learned

JUNE 9, 2009

Lessons Learned by Eric Ries Tuesday, June 9, 2009 The Lean Startup Tokyo edition I had a blast speaking at Startonomics Tokyo , which was organized to foster ties between the startup cultures in Japan and Silicon Valley. benjaminjoffe : early adopters of buggy product are visionary customers, sometimes smarter than founders!

Lean 60

Lean San Francisco Japan Continuous Deployment 60

David Teten

DECEMBER 3, 2019

However, in private markets, there is more room to optimize across all 11 steps of the investing process: firm management , marketing, fundraising , origination , manage relationships, due diligence, negotiation, monitoring, portfolio acceleration , reporting, and. 1) Manage the firm . This is harder than it sounds.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Startup Lessons Learned

SEPTEMBER 14, 2008

Lessons Learned by Eric Ries Sunday, September 14, 2008 How to listen to customers, and not just the loud people Frequency is more important than talking to the "right" customers, especially early on. Youll know when the person youre talking to is not a potential customer - they just wont understand what youre saying.

San Francisco 131

San Francisco Customer Lean Continuous Deployment 131

ConversionXL

FEBRUARY 3, 2022

A marketing growth strategy goes deeper into customer relationships to uncover opportunities that engage, activate, and retain. This philosophy comes from The Lean Startup methodology , which relies on testing hypotheses to better understand your customers’ pain points and goals. Your customers want different things.

Marketing 115

Marketing Framework Metrics Channel 115

Startup Lessons Learned

MARCH 16, 2018

Ann Mei Chang is the Executive Director of Lean Impact, the social good division of the Lean Startup Company. Lean Impact: How to Innovate for Radically Greater Social Good is going to be an amazing resource for so many people from innovators to funders and everyone in between. It was incredibly energizing!

Lean 125

Lean Silicon Valley Government Global 125

Startup Professionals Musings

JANUARY 8, 2022

For entrepreneurs who really try to be the CEO of multiple early-stage startups concurrently, the hot term for this practice is “multi-table” entrepreneurs. Learn to manage resources like multi-divisional corporations. Expensive “lean startup” specialists can see a career potential, work full-time, and drive multiple successes.

Bandwidth 362

Bandwidth Entrepreneur Portfolio Cofounder 362