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. Its a key lean startup concept.

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Product Development Developer San Francisco Product 88

Startup Professionals Musings

MAY 14, 2023

For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

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Burn Rate Hockey Stick Management Salary 258

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. Implement Standardized Development Processes.

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Cost Developer Small Business Administration Marketing 100

Startup Professionals Musings

NOVEMBER 28, 2020

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Incorporating a business entity early through online services.

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Intellectual Property Startup Angel Groups Social Media 404

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. Check out these critical tips for developing an effective marketing strategy for startups in boring industries. Choose your Market Audience. Choose a Brand Name.

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Developer Marketing Social Media Startup 78

View from Seed

MAY 11, 2016

Investors love the idea of backing second-time founders, especially if they have had success in their last company. etc… In addition, first-time founders I speak to often talk about how much they have learned and how they resolve to do things differently and better the next time. Is there a sophomore slump to avoid?

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Founder Cofounder CTO Hire Early Stage 159

Steve Blank

SEPTEMBER 7, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Moreover, since the first CEO was likely to have been one of the founders, the trauma of CEO removal begins.

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Customer Development Developer Customer Silicon Valley 224

YoungUpstarts

JANUARY 10, 2020

by Zain Jaffer, serial entrepreneur and the Founder and CEO of Zain Ventures. sales to product development), the problems will continue to exist. In cases where customer feedback is provided to the development team, it is crucial that communication be a two-way street. Among the list: the loss of a major client.

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Startup Professionals Musings

MARCH 21, 2021

Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. Product development. For a great idea person, the product details keep changing for the better, but nothing ever gets finished. Investor negotiations.

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Technical Review Startup Software Review Retention 333

Startup Professionals Musings

AUGUST 19, 2020

For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

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Burn Rate Hockey Stick Salary Angel Investor 310

The Startup Magazine

MARCH 29, 2024

As the founder of Smartvu Ltd., This is why I like to include customers in product development and testing. I also like to be close with customer service finding out how the product is working and what problems the customers have. This helps build a great product but it’s not the best product that wins.

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Portugal Entrepreneur Internet Advertising 118

View from Seed

JULY 5, 2022

Founder: Connor Cash. Get to know the founder. I’m Connor Cash, the founder of Caesar and I grew up outside of Boston but currently live in DC! RH: What’s your favorite thing about being an early-stage founder? CC: Being a founder is a rollercoaster ride. . Company: Caesar Sustainability. ” – Lee Hower.

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DC Software Review Government Boston 156

The Next Web

MARCH 6, 2014

Here’s a problem I bet every non-technical founder has experienced: the communication gap between what the biz dev team wants and what the tech team thinks they want, and vice versa. It’s disruptive, and for founders, very frustrating to watch. Practice Agile Development. Their answers are below. Cross Train Members.

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Technical Review Development Team Review Developer Agile 129

Small Business Force

DECEMBER 12, 2013

Every entrepreneur wishes they were as prescient or creative as Steve Jobs, Jeff Bezos, or Larry Page and Sergey Brin, founders, respectively of Apple, Amazon and Google. Few entrepreneurs or small business owners involve their customers in the product development process. Bring customers into the development process.

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Development Team Review Product Development Developer Customer 36

ConversionXL

SEPTEMBER 6, 2013

This is a customer development problem. By the end of this article, you should have a better understanding of how to develop new products or tweak your existing offerings by working with existing or prospective customers to incorporate their feedback to create viable solutions to their problems, and clearly communicate their value.

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Early Growth Financial Services

DECEMBER 11, 2012

by Tony Karrer Originally published on SoCal CTO Almost every day I’m talking to early stage startup founders (see Free Startup CTO Consulting Sessions) about what they plan to do. Many of these founders have talked with several developers or development firms about their plans. It needs to be a conversation.

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Fractional CTO Developer Product Development Founder 44

Berkonomics

OCTOBER 5, 2023

Since this number is budgeted and pre-authorized, managers tend to focus upon other things such as sales, marketing and product development issues. There is an art to efficient management of a process, whether that is the process of bringing a product to market from R&D to production or developing a new product’s launch program.

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Silicon Valley Burn Rate Angel Investor Down Round 118

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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YoungUpstarts

OCTOBER 19, 2017

by Steve Owens, Founder and CTO of Finish Line Product Development Services. In this article we explore the unique challenges of a lean start-up and how Outsourced Product Development (OPD) can be used to overcome them. Reducing product turn time. Extending the runway. The Lean Start-Up Environment.

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Product Development Lean Developer Product 153

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. Thus my job as a small business advisor really is really more about getting you developed than perfecting the business.

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Leadership Technical Review Cofounder Social Media 248

Steve Blank

MARCH 16, 2016

To most founders a startup is not a job, but a calling. But startups require money upfront for product development and later to scale. Founders can now access the largest pool of risk capital that ever existed –in the form of Private Equity (Angel Investors, family offices , Venture Capitalists (VC’s) and Hedge Funds.). (BTW,

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Liquidity Event Founder Liquidation Preference Venture Capital 120

YoungUpstarts

MARCH 24, 2014

by Adam Root, founder and CTO of Hiplogiq. The same rule applies to product and app development. Launching a new product can be costly, but adding features to a successful existing product can be even more costly if the additions take away from your product’s unique focus. A DUI lawyer? Didn’t think so.

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Fractional CTO Product CTO Hire Merger 228

The Startup Magazine

AUGUST 11, 2023

It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. The concept of “seed funding” originates from the metaphor of growing a tree, in which the seed represents the initial component required to move forward with developing a business.

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Seed Stage Technical Review Early Stage Due Diligence 126

Steve Blank

SEPTEMBER 5, 2018

Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. Lean was designed to inform the founders’ vision while they operated frugally at speed. ” Fire, Ready, Aim. He just hired Meg Whitman. The result?

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Lean Burn Rate Startup IPO 335

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. Steve Blank has devoted many years now to trying to answer that question, with a theory he calls Customer Development. a roadmap for how to get to Product/Market Fit." Theory of market types.

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Customer Development Developer San Francisco Customer 168

YoungUpstarts

NOVEMBER 21, 2018

by Saeju Jeong, CEO and Co-founder of Noom Coach. Here, I outline five principles all co-founders must agree on before working together. It’s important for co-founders to each have their own personal strengths in a business so they can divide the responsibilities and succeed in their respective roles.

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Startup Lessons Learned

SEPTEMBER 7, 2008

Lessons Learned by Eric Ries Sunday, September 7, 2008 Customer Development Engineering Yesterday, I had the opportunity to guest lecture again in Steve Blank s entrepreneurship class at the Berkeley-Columbia executive MBA program. Ive attempted to embed the relevant slides below. Talk about waste.

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Customer Development Engineer San Francisco Developer 131

Steve Blank

SEPTEMBER 5, 2023

You can’t be an effective founder or in the C-suite of a startup if you don’t hold any. Here’s how I learned why they were critical to successful customer development. You can’t be an effective founder or in the C-suite if you don’t have any. Think of profound beliefs as “strong opinions loosely held.”

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Business Model Product Development Early Stage Customer Development 305

Steve Blank

FEBRUARY 23, 2009

This product development diagram had become part of the DNA of Silicon Valley. That’s in stark contrast to the traditional Product Development Model where it’s expected a customer is already there and waiting and it’s simply a matter of [.] familiar with Customer Development you should be.

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Product Development Developer Silicon Valley Product 143

Version One Ventures

MAY 3, 2023

But India is such a welcoming country that it only took a few weeks of preparation to fill a weeklong schedule with meetings – from a dinner arranged by Shiva with approximately 15 founders in Delhi to a talk about crypto at Builders Circle in Bangalore. group pic from meet-up w/ Delhi founders

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India LP Silicon Valley Vertical 87

YoungUpstarts

APRIL 12, 2021

When it comes to finding the right technical expertise to bring your product to life, what’s the best way to go? James Zhao, co-founder of Thought&Function, shares some of your options. The post Build, Borrow Or Buy — Three Ways To Work With Developers To Build A Tech MVP appeared first on Young Upstarts.

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David Teten

OCTOBER 1, 2015

But, you need to build that first product right. On the other side of the equation, there are a growing number of design, development, and digital media shops who are hungry to expand, or swap focus, to building a company that’s more than just a service shop. Others think the model can work.

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Software Developers Software Development Software Developer 60

Startup Professionals Musings

SEPTEMBER 29, 2018

For example, a software development startup raising $250,000 from angel investors better be able to operate on $25,000 per month. This could equate to two technical founders (with a minimal salary), funding two developers for a year.

Burn Rate 223

Burn Rate Hockey Stick Startup Salary 223

The Startup Magazine

DECEMBER 31, 2017

Before we delve into the importance of concept design to the product design and development process of businesses, it is imperative that we define it first. Once we understand this, we can easily see how important concept design is to the product development process. Contact us now!

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Product Development Design Developer Product 62

Startup Lessons Learned

JULY 5, 2010

I believe it is the best introduction to Customer Development you can buy. As all of you know, Steve Blank is the progenitor of Customer Development and author of The Four Steps to the Epiphany. I have personally sold many copies of his book, and continue to recommend it as one of the most important books a startup founder can read.

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Customer Development Developer San Francisco Customer 166

YoungUpstarts

NOVEMBER 20, 2019

by Lu Zhang, founder and managing partner of Fusion Fund. Competition from other startups and established incumbents, constraints on time and capital, and limited access to talent and technology resources are just a few of the hurdles nearly every first-time founder faces while trying to build a business. Be ready when it counts.

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Technical Review Due Diligence Early Stage Differentiation 140

Startup Professionals Musings

OCTOBER 19, 2013

“Scope creep” (or feature creep) is an insidious disease that kills more good startups than any other, especially high-tech ones, and yet most founders (who may be the cause) never even see it happening. This term refers to the penchant to add just one more feature to the product or service before first delivery, just because you can.

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Technical Review Startup Software Review Database 275