Startup Professionals Musings

NOVEMBER 28, 2020

Building a minimum viable product, with customer validation. Minimum viable products (MVPs) are recommended for validating the market, with iterative enhancement to quickly meet market feedback. Building your public image and presence should start even before product development, through your website, logo, and blogging.

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Intellectual Property Startup Angel Groups Social Media 404

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

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Customer Development Developer Customer Silicon Valley 238

Up and Running

SEPTEMBER 15, 2021

In the last decade, SaaS (Software as a Service) has become a very popular model for new software product development. The largest cost component of establishing a SaaS company is product development costs. This includes the design, development, launch, and enhancement of the SaaS application. .

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View from Seed

JUNE 13, 2016

The point isn’t “to organize a product team better.” ” The point is to focus on the customer better. All of the products and services that we create are ultimately connected with the customer. And the only way to figure out what’s right is to constantly talk to and involve customers.

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YoungUpstarts

SEPTEMBER 12, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “ The old paradigm works like this: Your company produces goods and services that help customers get a job done. In return, the customers pay you money.

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Customer Social Media Retention Canada 168

Transformify

JANUARY 2, 2021

It rids them of the commuting hassles and gives them more freedom in managing their time and workflow. GlobalWorkplaceAnalytics calculates that this saving for each half-time remote employee could reach $11,000 per year. It demands a level of employee management and project management skills beyond regular.

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SCRUM Management Development Team Review Agile 98

YoungUpstarts

APRIL 21, 2014

There’s no place for hipster lingo, inside jokes about customers, snarky tweets. It trivializes the gravity of bad behavior and normalizes superior attitudes toward customers and, often, coworkers. First, there’s the external trust between an organization and its customers: Will a company stand behind its products?

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Employee Balance Sheet Leadership Chicago 189

Gregg Fraley, Author of Jack's Notebook

MAY 22, 2019

The Benefits of Innovation Training for Operational Employees. Why is it that organizations don’t invest in training operational employees? Don’t this large group of employees deserve a Brown Bag Innovation Training? It’s almost as if creativity from operational employees is actively discouraged.

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Operations Employee Technical Review Agile 54

ReadWriteStart

MAY 26, 2022

You also should figure out what your customers’ specific needs are and which of those needs aren’t being met that align with your organization’s core expertise. In software, those avenues are your customers, industry, employees, and the broader trends associated with current events. Looking to the Future.

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Software Japan Agile Employee 171

YoungUpstarts

OCTOBER 10, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “. Talented product developers. No one can truly understand your customers or genuinely share their interests unless she is a customer herself. Are you ready to grow your company? That’s right.

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Customer Fractional CTO Canada Technical Review 154

YoungUpstarts

MAY 19, 2014

There’s no place for hipster lingo, inside jokes about customers, snarky tweets. It trivializes the gravity of bad behavior and normalizes superior attitudes toward customers and, often, coworkers. First, there’s the external trust between an organization and its customers: Will a company stand behind its products?

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Employee Leadership Balance Sheet Chicago 160

YoungUpstarts

OCTOBER 22, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “ Harnessing the power of references and referrals seems like an obvious win. What could make more sense than to leverage the enthusiasm of happy customers to convince buyers that they need your products and services?

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Programming Customer Social Media Advisory Board 145

YoungUpstarts

NOVEMBER 10, 2016

Time and time again, there’s one critical component that hampers productivity and efficiency: We are wired to work within the confines of organizational silos. Your prospects, customers and partners (and employees for that matter) do not see you as a series of disparate organizations. They see you as a company.

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Cofounder Technical Review Operations Employee 174

The Startup Magazine

JUNE 17, 2021

Studying an online business analytics masters is one way you can up your numbers game; whether this is the finance, marketing, or product development aspects of your company, the course can supply you with the tools, means, and knowledge to streamline your company operations. Setting an Example for Your Employees.

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Analytics Technical Review Social Media Software Review 174

Startup Lessons Learned

APRIL 26, 2009

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in product development. It has to be found and managed.

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Product Development Developer San Francisco Product 88

Transformify

JUNE 6, 2019

This means that employees and staff members are executing their duties, and additionally, they are keeping an eye on possible ways in which current processes can be further improved. Selecting a good project management software is the first step followed by endless reviews and continuous improvement as the organization grows.

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Lean Management Technical Review Software Review 56

ReadWriteStart

JULY 12, 2023

InvGate , a provider of IT service management and IT asset management solutions, has secured $35 million in a growth round to fuel its international expansion. InvGate’s products are made to simplify IT management for businesses with 50-50,000 employees.

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United States Management Mexico Artificial Inteligence 121

Both Sides of the Table

JULY 26, 2010

Social proof is defined as “looking for others to guide our decisions&# and is also one of the most important techniques in acquiring customers in your company. Many of you have read or at least know the primary thesis of “ Crossing the Chasm &# the seminal book on marketing your products to mainstream consumers by Geoffrey Moore.

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Customer Marketing Technical Review Iowa 294

ReadWriteStart

NOVEMBER 12, 2022

Investors can also be skittish, and winning new customers is not easy. However, a crisis can also be a golden opportunity to launch a new product or service, as long as the startup at the origin applies specific methods. As a startup, you probably don’t have much money to spend on marketing or product development.

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Startup Technical Review Ghana Guerilla 198

YoungUpstarts

APRIL 17, 2018

by Felix Winstone, Co-Founder and Managing Director at Talkative. impactful work (we point to specific features that are being used by 100s of customers) and 3. Employees can also be a valuable source of referrals. It doesn’t take long to ask your employees and network, so do it. Hiring = Sales. Be Specific.

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Cofounder Elevator Pitch Hiring Dividend 164

Steve Blank

NOVEMBER 12, 2019

Within a decade, the rise of venture capital in Silicon Valley enabled startups to find commercial customers rather than military ones. It’s not that these companies are smarter than Defense Department employees, but they operate with different philosophies, different product development methodologies, and with different constraints.

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Startup Professionals Musings

JULY 31, 2021

Most business managers preach that the key to success is holding employees accountable for actions, but I have found that successful entrepreneurs are all about holding themselves accountable. Usually these people think they are doing a great job, and are totally oblivious to their unhappy customers or cash drain.

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Leadership Employee Metrics Restful 410

Up and Running

SEPTEMBER 11, 2020

A $150 llama rental for a photoshoot, $250 for a bagpipe player at a customer picnic, $5,000 for an executive’s tires — these are just some of the most questionable things people have paid for or attempted to pay for, in the name of business. Take a closer look at how you manage your company. Have you been making the same mistake?

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Cost Technical Review Salary Social Media 150

ReadWriteStart

NOVEMBER 30, 2021

Buyer personas help establish your ideal customer. These personas are fictional representations of ideal customers that are based on current data, existing customers, marketing research, and a touch of assumption based on knowledge, education, and experience. Develop Your Branding. Write Your Slogan.

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Developer Marketing Social Media Startup 159

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.

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Marketing Framework Metrics Channel 115

Women Entrepreneurs Can

FEBRUARY 27, 2024

Among these, sales, marketing, customer service, and product development take center stage. However, the significance of often-overlooked tasks like managed accounts receivable cannot be underestimated. This accessibility and convenience strengthen customer relationships by offering a seamless payment experience.

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Software Review Metrics Analytics Software 40

Startup Lessons Learned

OCTOBER 20, 2008

Lessons Learned by Eric Ries Monday, October 20, 2008 The engineering managers lament I was inspired to write The product managers lament while meeting with a startup struggling to figure out what had gone wrong with their product development process. This engineering manager is a smart guy, and very experienced.

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Software Review Engineer Management Technical Review 164

Both Sides of the Table

MAY 27, 2013

He wrote a post this long weekend on how he manages the board of DataSift. He has grown our US operations from 1 employee (him) to a global organization of 75 employees that will finish the year with 8-digit revenues (90+% recurring) and more than 350% year-over-year growth. Rob Bailey is the CEO of DataSift. You should read it.

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Advisory Board CTO Hire Fractional CTO Los Angeles 365

YoungUpstarts

NOVEMBER 1, 2019

There are a plethora of such tools available online and they’re customized to suit different operations. From recruitment to CRM, project management to marketing, there’s a tool for everything be it for managing work, tech stack , etc. It lets you manage campaigns and visualize marketing programs. Mighty Networks.

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Software Review Startup Azure SEO 113

YoungUpstarts

DECEMBER 7, 2017

According to the Small Business Administration , just one in two businesses with employees survives to see its fifth anniversary. By the 10-year mark, fewer than 30% of businesses with employees remain viable. Two conditions that do matter to your startup’s out-year viability are the cost and length of its product development cycle.

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Cost Developer Small Business Administration Marketing 100

Startup Professionals Musings

JULY 2, 2022

Great entrepreneurs have learned how to realistically assess and manage both sides of the coin in the following business opportunity and risk categories: Strategic. Both risks and opportunities in this area can arise from many aspects of your startup, before and after product development. Operational.

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Burn Rate Angel Investor Operations Demand 382

Startup Lessons Learned

NOVEMBER 8, 2008

Lessons Learned by Eric Ries Saturday, November 8, 2008 What is customer development? When we build products, we use a methodology. But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." a roadmap for how to get to Product/Market Fit."

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Customer Development Developer San Francisco Customer 168

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

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Lean Burn Rate Startup IPO 335

Hearpreneur

SEPTEMBER 25, 2022

Besides the general focus on customer and product development, an entrepreneur should foresee the next moves that will serve to guide him on the right path. When an entrepreneur can forecast his next moves, even his/her employees become part of the moves the business makes. Photo Credit: Adit Jain.

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Forecast Artificial Inteligence Entrepreneur Technical Review 127

Startup Lessons Learned

MARCH 16, 2009

Lessons Learned by Eric Ries Monday, March 16, 2009 Combining agile development with customer development Today I read an excellent blog post that I just had to share. In most agile development systems, there is a notion of the "product backlog" a prioritized list of what software is most valuable to be developed next.

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Agile Customer Development Developer San Francisco 111

YoungUpstarts

FEBRUARY 21, 2019

To create a sustainable business model, owners and manager now must consider how their business processes and infrastructure can save money instead of draining their budgets. Fortunately, developers and tech companies are creating solutions that help businesses reduce operating expenses while simplifying their processes.

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Cloud eCommerce Security Advertising 113

Startup Lessons Learned

OCTOBER 26, 2009

Lessons Learned by Eric Ries Monday, October 26, 2009 A real Customer Advisory Board A reader recently asked on a previous post about the technique of having customers periodically produce a “state of the company&# progress report. Many companies seek to involve customers directly in the creation of their products.

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Advisory Board Customer San Francisco Lean 151