article thumbnail

Lessons Learned: Product development leverage

Startup Lessons Learned

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. Its a key lean startup concept.

article thumbnail

How To Succeed As A Product Manager

YoungUpstarts

It’s generally accepted to praise developers and designers for bringing these products to life but there is usually someone else behind the concepts and ideas. And this is the product manager who dictates the strategies and processes, controls the product’s lifecycle and ensures that it meets all the set demands.

Insiders

Sign Up for our Newsletter

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

article thumbnail

WHY ARE COMPANIES GRAPPLING FOR DATA

The Startup Magazine

Capturing and analyzing data enables companies to get insights that benefit their companies in cost-saving, relevant marketing, product development, etc. With appropriate data analytics, a business can predict and comprehend the market, competition, customer demands, etc.

article thumbnail

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

Startup Lessons Learned

Lessons Learned by Eric Ries Friday, November 7, 2008 Using AdWords to assess demand for your new online service, step-by-step If you want to build an online service, and you dont test it with a fake AdWords campaign ahead of time, youre crazy. Turns out, there was aboslutely no demand whatsoever for that particular product.

Demand 167
article thumbnail

3 Things You Need To Be Aware Of When Calculating A Budget For An App Like Etsy

YoungUpstarts

Customers enjoy online shopping; their demands create enormous opportunities for eCommerce company’s growth. Without producing physical goods, every entrepreneur now can succeed in selling other manufacturers’ products online. Have you developed any vision of a product development strategy? Working hours.

eCommerce 113
article thumbnail

10 Steps To Second Stage Success For Your New Venture

Startup Professionals Musings

Switch your attention from product development to sales. Second-stage growth usually requires a formal sales model, an experienced and disciplined sales team, and a well-defined process to meet your new goals and demands. Managing business growth is more than metrics. Separate marketing from sales for further leverage.

Mezzanine 368
article thumbnail

Make The Most Of Your Next VC Pitch By Doing These 10 Things

YoungUpstarts

On the other hand, if you arrive at a VC pitch without a comprehensive understanding of the industry you’re hoping to compete in, or without a clear path to profitability or a thoughtful product-development road map, you’ll likely leave empty-handed. Investors want to feel confident that they’ll see a return on their investment.