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Lessons Learned: The lean startup

Startup Lessons Learned

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process. (See

Lean 168
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Good enough never is (or is it?)

Startup Lessons Learned

One of the sayings I hear from talented managers in product development is, “good enough never is.&# And, most importantly, it helps team members develop the courage to stand up for these values in stressful situations. This is precisely the dilemma that the doctrine of minimum viable product is designed to solve.

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Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

You get increasing growth by optimizing the viral loop , and you get revenue as a side-effect, assuming you have even the most anemic monetization scheme baked into your product. Paid - if your product monetizes customers better than your competitors, you have the opportunity to use your lifetime value advantage to drive growth.

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The Steve Jobs method

Startup Lessons Learned

He doesnt put out crappy, buggy products and then ask for feedback. My normal answer is that I dont really think thats how Apple products are built. Thats what so many techniques that I advocate are all about: customer validation , minimum viable product , vision pivots , and even throwing away working code. It just wasnt great.

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Pivot, don't jump to a new vision

Startup Lessons Learned

As Steve writes in the Four Steps to the Epiphany , we always seek to find a market for the product as currently specified , not conduct a focus group to tell us what the spec should be. It gave the whole company license to go heads-down building product as fast as possible during the development cycle, acting as a solution team should.

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Four myths about the Lean Startup

Startup Lessons Learned

Lean Startups waste less money, because they use a disciplined approach to testing new products and ideas. Lean, when used in the context of lean startup, refers to a process of building companies and products using lean manufacturing principles applied to innovation. Myth: The Lean Startup methodology is only for Web 2.0/internet/consumer

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Three decisions to make on virtual goods

Startup Lessons Learned

It got me thinking about what decisions are essential when building a virtual goods product. These decisions cause problems that will challenge you for years, if you are lucky enough to be successful with your product. Others, like IMVU or Second Life, rely almost exclusively on third-party developers to create goods.