Startup Lessons Learned

JULY 13, 2009

Lessons Learned by Eric Ries Monday, July 13, 2009 The Principles of Product Development Flow If youve ever wondered why agile or lean development techniques work, The Principles of Product Development Flow: Second Generation Lean Product Development by Donald G. Reinertsen is the book for you.

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Product Development Developer San Francisco Product 153

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? Nearly all that training is for dedicated innovation teams , or employees who are focused on new product development. And management of operations is all about control.

Operations 54

Operations Employee Technical Review Agile 54

The Startup Magazine

MARCH 29, 2024

Recently we visited Richard Burry in his seaside base of operations in Cascais, Portugal for an intriguing conversation about the keys to online success. This is why I like to include customers in product development and testing. This helps build a great product but it’s not the best product that wins.

Portugal 116

Portugal Entrepreneur Internet Advertising 116

Startup Professionals Musings

FEBRUARY 12, 2023

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Even non-profits need a profitable business model to offset staff and operating costs. Dreams may motivate your team, but customers expect real solutions.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

ReadWriteStart

JULY 12, 2023

Many aspects of running a business now depend on AI, and customer service is no different. Due to their versatility and efficiency, AI-powered customer support bots have grown in popularity in recent years. In today’s fast-paced business world, this can aid in increasing customer satisfaction and decreasing response times.

Artificial Inteligence 112

Artificial Inteligence Technical Review Software Review .Net 112

The Startup Magazine

FEBRUARY 12, 2024

Furthermore, these experts can find security flaws in the system before hackers do, protecting the company and its customers. Another paradigm is the ACL (Access Control List), which lists all of the operations that a particular user is allowed to conduct. They have access to the same tools that actual criminals use to breach security.

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Artificial Inteligence Software Review Web API 88

Startup Professionals Musings

MAY 17, 2020

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Even non-profits need a profitable business model to offset staff and operating costs. Dreams may motivate your team, but customers expect real solutions.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

The Startup Magazine

DECEMBER 21, 2021

From Europe to Asia-Pacific and the Americas, sustainability reporting is the new denominator for businesses and project operations. The process starts with a comprehensive review of a company’s processes and operations to identify key opportunities and risks.

Software Review 167

Software Review Software Framework Asia 167

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

View from Seed

JULY 5, 2022

Investors, customers, regulators, and all key stakeholders are demanding more transparent corporate sustainability disclosures. RH: Who are your customers? CC: Our customers are companies that are collecting, managing, and tracking their ESG data. . CC: Being a founder is a rollercoaster ride. .

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DC Software Review Government Boston 156

Up and Running

MARCH 17, 2022

To get the whole picture and have a framework on which to build your business you also need a strategic plan and an operational plan. It describes the products and services that your business sells and who the customers are. What is an operational plan? Who is your customer? How will your business operate?

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Business Plan Operations Lean Forecast 145

Both Sides of the Table

NOVEMBER 1, 2009

As organizations we have become more open and I believe this is great for businesses and their customers. We spent time out in the marketplace talking with customers, looking at their solutions, comparing ourselves with our competition and then squirreling ourselves away in our offices designing our next set of features.

Customer 280

Customer Technical Review Software Review Mexico 280

Startup Professionals Musings

DECEMBER 24, 2018

Based on my experience, creating a new business is at least as difficult as creating an innovative solution, and it takes a knowledge of finance, operations, customers and the marketplace. If you don’t have all these interests and skills, even your most “disruptive” products will likely fail.

Angel Investor 249

Angel Investor Cofounder Finance Operations 249

Steve Blank

OCTOBER 15, 2019

Once upon a time every great organization was a scrappy startup willing to take risks – new ideas, new methods, new customers, targets, and mission. If they were a commercial company, they figured out product/market fit; or if a government organization, it focused on solution/mission fit. Companies Run on Process.

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Government Technical Review Acquisition Metrics 315

Steve Blank

OCTOBER 26, 2020

Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. You’re not finding the one-off custom projects to come build. I take a very practical approach to this.

Artificial Inteligence 388

Artificial Inteligence Fractional CTO Technology CTO 388

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

The Startup Magazine

OCTOBER 19, 2020

Operating a business in the twenty-first century is quite difficult. In addition to the complexities of business operations, companies face extreme competition in the market. Similarly, customers are more knowledgeable, aware, and conscious to choose from the variety out there, which slows down the company’s revenue and growth.

Technical Review 152

Technical Review Forecast Analytics Social Media 152

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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Cost Developer Azure Cloud 158

ReadWriteStart

NOVEMBER 30, 2021

A lot of work goes into starting a business, developing and launching products, and running the day-to-day operations, so marketing often gets put on the back burner. Buyer personas help establish your ideal customer. Fortunately, slogans are one aspect of your brand that’s easy to develop and change in the future.

Developer 159

Developer Marketing Social Media Startup 159

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.

Cofounder 174

Cofounder Technical Review Operations Employee 174

ConversionXL

SEPTEMBER 6, 2013

The most common mistake startups make is assuming they can operate the same way big companies do, and expect success with little to no feedback from potential customers. But for a new coffee shop, things like customer service, atmosphere and selection, will make or break the company. This is a customer development problem.

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Customer Development Conversion Developer Customer 126

The Startup Magazine

JANUARY 26, 2022

Designing new hardware products that have a positive impact on customers is no small feat. There are several elements that go into hardware product design that taps an unaddressed customer need, has the customer WOW factor, and succeeds long term in the market. Next is the product level planning.

Design 132

Design Development Team Review Product Technical Review 132

Board Effect

JULY 10, 2023

While “data governance” may not be a term we hear that often, it has immense influence on how community banks and credit unions collect and utilize data to drive their operations. As the landscape of community banking changes, the transition from traditional banking models to customer-centric approaches has become paramount.

Software Review 52

Software Review Government Community Software 52

YoungUpstarts

OCTOBER 30, 2019

New product development is an essential part of the entrepreneurial landscape. For companies of all sizes, from big corporations to small businesses, new product development is crucial. New products help companies continue to grow, thrive and generate revenue. Why would a company want to introduce a new product?

Product Development 113

Product Development Developer Product Demand 113

Steve Blank

SEPTEMBER 5, 2023

Here’s how I learned why they were critical to successful customer development. I was an aggressive, young and a very tactical VP of marketing at Ardent , a supercomputer company – who really hadn’t a clue about the relationship between profound beliefs, customer discovery and strategy. I was a great marketer.

Business Model 305

Business Model Product Development Early Stage Customer Development 305

Hearpreneur

OCTOBER 10, 2023

Beyond that, it acts as your business's guiding roadmap, ensuring you stay aligned with your goals as your operations adapt to evolving circumstances. And by believing in the idea that our customers and their families should always come first, we’re slowly but surely changing the face of the industry that we’re a part of.

Business Plan 124

Business Plan Jordan Entrepreneur Florida 124

ReadWriteStart

APRIL 10, 2020

Here is a startup guide to creating an ideal customer profile. Instead, they must prioritize which kinds of data will be the most valuable to them as they begin operating, so they can take the most significant advantage of what they do initially collect. What is a Customer Profile?

Customer 180

Customer Startup Analytics B2B 180

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. At times this means startups operate at speeds so fast they appear to be a blur to government agencies. companies felt a patriotic duty to help their country defeat a common enemy.

Government 308

Government Artificial Inteligence Silicon Valley North Korea 308

YoungUpstarts

DECEMBER 7, 2017

Two conditions that do matter to your startup’s out-year viability are the cost and length of its product development cycle. Startup founders counting the days until break-even or actively seeking outside capital must focus on streamlining their development cycles. A minimum viable product is market-ready, not a prototype.

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Cost Developer Small Business Administration Marketing 100

YoungUpstarts

OCTOBER 2, 2014

Customers who had were attracted to the freedom of a smartwatch discovered that the Galaxy Gear actually needs to be tethered to a Galaxy Note III via Bluetooth. More focus on customer demographics and implementing the findings into updates would probably have made a huge difference in sales. Don’t Make the Same Mistakes.

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Product Technical Review Software Review Green 222

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

ReadWriteStart

FEBRUARY 22, 2022

The niches these companies operate in are also directly connected to the R&D investment by industry: high tech, media, and telecom are the top-second industries investing most in research and development. Research and development also create a safer user experience, which is crucial, for instance, in the automotive industry.

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Offshore Demand Germany Global 140

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

The Startup Magazine

AUGUST 11, 2023

The fundamental objective and aim of seed investment is to assist a company in launching its operations successfully. It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step.

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Seed Stage Technical Review Early Stage Due Diligence 124

Women Entrepreneurs Can

FEBRUARY 27, 2024

Among these, sales, marketing, customer service, and product development take center stage. Additionally, relying on subpar accounts receivable services can severely hamper operational efficiency, adversely impacting overall productivity. To thrive, a business must excel in a multitude of functions.

Software Review 40

Software Review Metrics Analytics Software 40

Hearpreneur

JANUARY 22, 2023

Consumers are becoming increasingly health-conscious and seeking to understand their options for treatments and healthcare products. As a result, businesses in this field should leverage technology to provide interactive, easy-to-understand educational content that can help customers make health-related decisions and maintain healthy habits.

Artificial Inteligence 121

Artificial Inteligence Technical Review Entrepreneur Social Media 121

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? This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. They are gaining valuable customer data.

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Customer San Francisco Lean Hockey Stick 167