Remove Early Stage Remove Lean Remove Product Development Remove Vertical
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Lean Startups aren't Cheap Startups

Steve Blank

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.

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Vertical Markets 2: Customer/Market Risk versus Invention Risk.

Steve Blank

Steve,&# he said, “you’re missing the most interesting part of vertical markets. are much softer and much, much harder to measure (or believe) in a very early stage startup. Customer/Market Risk Versus Invention Risk One day I was having lunch with a VC sharing what I learned from my students.

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5 Ways Startups Can Reduce Development Costs & Shorten Time To Market

YoungUpstarts

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. Focus on Your Minimum Viable Product. Stay Lean and Low.

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Raising Money Using Customer Development

Steve Blank

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. What are Early Stage VC’s Really Asking? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions.

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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

This post describes how following the traditional product development can lead to a “startup death spiral.&# In the next posts that follow, I’ll describe how this model’s failures led to the Customer Development Model – offering a new way to approach startup sales and marketing activities.

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The Product Development Model « Steve Blank

Steve Blank

This product development diagram had become part of the DNA of Silicon Valley. This product development diagram had become part of the DNA of Silicon Valley. And even more importantly, was there any way to reduce risk in early stage ventures? familiar with Customer Development you should be.

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Out of the Ashes - Something Isn't Quite Right

Steve Blank

We’ve managed startups like this forever; there is no other way to manage them.”