Hunter Walker

JUNE 7, 2014

Party rounds blew up on a number of startups who found it difficult to get ongoing operational support from investors who didn’t have time or inclination to lean in. Now the employees carry your technology into the enterprise via their own phone and cloud services. The individuals and team managers have more sway.

Technical Review 120

Technical Review CTO Hire Finance Stealth 120

Hearpreneur

JUNE 9, 2023

In a recession, some businesses may lay off talented employees. We also run a lean business, with regular budgets and reviews of expenses. However, one area that businesses cannot afford to divest from is their own employees. In a recession, advertising costs can go down as fewer companies invest in marketing.

Entrepreneur 138

Entrepreneur North America Employee Retention 138

Startup Lessons Learned

DECEMBER 14, 2017

Guest Post by Misti Yang, Writer for Lean Startup Co. Editor’s Note: We wrapped up the 2017 Lean Startup Week in San Francisco just a few weeks ago, and we’re excited to share with you some of the best lessons learned in entrepreneurship and corporate innovation. Because these Lean Startup people, they do crazy stuff,” Alex joked. “So

Lean 245

Lean Startup CTO Hire Cofounder 245

Up and Running

SEPTEMBER 6, 2016

Fortunately, we don’t recommend a lengthy, formal business plan—especially after you launch your business—but rather a Lean Plan. Lean Planning is an iterative, flexible business planning methodology that you can use to direct your business long after opening day. See Also: Introducing Lean Planning: How to Plan Less and Grow Faster.

Forecast 60

Forecast Software Review Lean Finance 60

Both Sides of the Table

SEPTEMBER 22, 2012

“Lean” is great in the early days but if you discover an attractive market opportunity you need to get “fat” really quickly or somebody else will. And the “stay lean” argument isn’t only good for entrepreneurs, it can be good for VCs, too. It is VC math, like it or not.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

YoungUpstarts

MARCH 30, 2016

Recruiting good employees takes effort and a keen eye. You need to be able to recognise what skills a position requires as well as what level of commitment you need from your employees. Once you’ve hired your employees, that’s not your team-building mission complete. The best team. It could save you all kinds of time and money.

Lean 100

Lean Reputation Employee Hiring 100

The Startup Magazine

OCTOBER 7, 2019

A good diet is one that includes a large amount of fresh fruit and vegetables, whole grains, lean proteins, low sodium, low sugar, and low saturated fats. Whether this means delegating more tasks to others, hiring new employees, joining a support group, or looking to other resources, asking for help will lighten the burden on your shoulders.

Management 77

Management Finance Lean Employee 77

The Startup Magazine

MARCH 25, 2020

To improve your employee onboarding process, you should: Test your candidates while you interview them. Provide new employees with a proper orientation (introduce them to their new colleagues, provide them with a tour of your workspace, make them aware of your company values, etc.).

Startup 84

Startup Reputation Social Media Finance 84

The Startup Magazine

OCTOBER 27, 2019

In the case of those who provide services, the closest thing to inventory issues would be workforce concerns since shortage or surplus of employees can do the same to someone’s profitability. If you have to finance your way through the initial expenditures and have both a detailed and back-up plan of action, you might be good for now.

Technical Review 61

Technical Review Revenue Software Review Campaign 61

YoungUpstarts

AUGUST 11, 2020

Pro Tip: Lean Startup Format. To explain or start your business quickly, you can consider a Lean startup business plan format. If your business plan is relatively simple or you need a quick draft for a business pitch with investors – a Lean startup format is ideal! . Company culture. Financial information. Growth plans.

Business Plan 264

Business Plan Balance Sheet Lean Forecast 264

crowdSPRING Blog

JANUARY 19, 2011

Lean Marketing 101: Setting Goals – [link]. Traveling lean: tips for small businesses and entrepreneurs – [link]. Lean Marketing 101: Setting Goals – [link]. Traveling lean: tips for small businesses and entrepreneurs – [link]. Managing and Motivating Employees in Their Twenties – [link].

Social Media 97

Social Media Small Business Design Media 97

Hearpreneur

JANUARY 29, 2020

4- The first employee leaving too fast. My biggest failure was hiring my first employee, they lasted five days and then we parted ways. We haven’t had an employee leave since. To recover from making less profit, we leaned out the processes and verified new clients for profitability for taking on board.

Entrepreneur 147

Entrepreneur Technical Review Hiring United States 147

Up and Running

JUNE 21, 2013

You need to engage in Lean Planning. 60 percent of the small businesses that fail in America fail due to lack of cash, not lack of profits—using Lean Planning you can quickly understand if you have missed assumptions about your financials that will ultimately have an adverse effect on your cash.

Small Business 153

Small Business Software Review Lean Advertising 153

OnlyOnce

JULY 9, 2013

The book has been described by a few CEOs who read it and commented early for me along the lines of “The Lean Startup movement is great, but this book starts where most of those books end and takes you through the ‘so you have a product that works in-market – now what?’ questions”.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

YoungUpstarts

JUNE 3, 2020

Those orders may have meant furloughing or laying off some or all of your employees, or perhaps your business was among those fortunate enough to qualify for a Paycheck Protection Program loan to cover your payroll costs for a while. Do your finances reflect your updated expectations for sales over the next two or three months?

Small Business 147

Small Business Finance SBA Cost 147

Startup Lessons Learned

FEBRUARY 5, 2013

Yes, there are Lean Startups even in the United States federal government. For my take on how this is possible, you can see my previous post on Lean Government here. I know this is an unpopular thing to say, since it sounds so patently absurd. But I've seen the teams with my own eyes and witnessed their results first hand.

Fractional CTO 158

Fractional CTO Government Technical Review Analytics 158

Up and Running

SEPTEMBER 19, 2018

If you simply want to map out the aspects of your business for internal use, you can consider a Lean Business Plan. Mission statement: Your mission statement articulates your goals for what your company does for its customers, employees, and owners. Personnel plan : Costs of employees. Financial plan.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Both Sides of the Table

JULY 16, 2010

Staying “lean&# is not an option. So angel and seed stage investors’ returns will be dependent on good times continuing or on the ability of their portfolio companies to get financed. You’ll have to find alternate ways of financing your dreams and that’s OK. This only becomes noticeable in down markets.

LP 311

LP Technical Review Early Stage Silicon Valley 311

Steve Blank

AUGUST 31, 2009

The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) So what’s wrong the product development model?

Customer Development 245

Customer Development Developer Customer Silicon Valley 245

The Startup Magazine

JUNE 1, 2023

There are startups out there that are valued at a billion dollars, but because of employee salaries, assets, etc. Now we’re no longer spending employee manpower on a service that wasn’t helping accelerate the right type of growth we need. they still aren’t profitable. Have you ever walked into a traditional freight brokerage before?

Early Stage 102

Early Stage Los Angeles Silicon Valley Cofounder 102

The Next Web

NOVEMBER 17, 2013

Andrew Schrage , Money Crashers Personal Finance. . So while your responsibility to a baby-sitter/agency ends with payment, surrogate mothers/employees require long-term investments in their health, happiness and well-being, which are huge (but worthwhile) expenses. In-house work should reflect your core compentency.

Developer 145

Developer Hiring Startup LLC 145

Up and Running

JUNE 19, 2013

The New York Times profiles two successful tech start-ups— GoodData , which at its start raised more than $50 million in venture capital funding, and RJ Metrics, which held out with self-financing for as long as possible—that went after the same market at the same time, and contrasts their approaches to finance.

Venture Capital 70

Venture Capital Finance Lean New York 70

View from Seed

MARCH 1, 2016

That story is how you recruit employees, convince customers to give you a shot, and secure funding. Each financing you raise is to get to the next milestone, so when pitching your startup, some portion of your pitch should include a called shot. “We This data and execution framing technique isn’t limited to financings.

Founder 120

Founder Technical Review Cofounder Non-Compete 120

Up and Running

AUGUST 28, 2018

A Lean Business Plan might be a better fit if you simply need to think through all the different aspects of your business. A Lean Plan will be shorter, and it lends itself to quick revisions, but both types follow the same general outline. They tend to be lengthier and more detailed.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Mike Michalowicz

FEBRUARY 28, 2018

Although this is a big undertaking, some of the steps you need to consider are utilizing good interviewing systems to make sure the right staff is being hired, putting together comprehensive training systems for all staff, and having office processes that empower employees to really serve the customer.

San Diego 111

San Diego Technical Review California Retention 111

The Startup Magazine

DECEMBER 13, 2018

I wanted to be able to select clients that are a good fit and can benefit from my finance, IT and international experience. Our clients’ employees enjoy their work more and are able to make a greater impact. Our clients’ employees enjoy their work more and are able to make a greater impact.

Technical Review 82

Technical Review Founder Due Diligence Early Stage 82

Startup Lessons Learned

OCTOBER 20, 2008

I now believe that the "pick two" concept is fundamentally flawed, and that lean startups can achieve all three simultaneously: quickly bring high-quality software to market at low cost. A new employee is more likely to make a mistake than an experienced one, but everyone makes mistakes. August 29, 2009 1:24 PM The Caretaker said.

Software Review 164

Software Review Engineer Management Technical Review 164

Up and Running

OCTOBER 12, 2017

It’s not uncommon for many business owners to rely on informal plans or Lean Planning to map out the future of their business. When Corcoran suggests you need to “…have a complete understanding of your company’s…prospects,” she’s alluding to a business plan and the potential your business has for future growth.

Metrics 128

Metrics Software Review Forecast Small Business 128

Up and Running

SEPTEMBER 3, 2015

We use the lean planning methodology to figure this out. Get financed. Decide whether you will use personal finances, loans, investor money, money from friends and family, crowd-sourced finances, or perhaps something alternative… Prepare the relevant financial statements. Apply for financing.

Elevator Pitch 60

Elevator Pitch Startup Balance Sheet Forecast 60

YoungUpstarts

JANUARY 14, 2013

The startup accelerator also announced that it will incorporate lean startup methodology as a key aspect in its upcoming program, and will be the first in Europe to do so. ” Applications for the second year of the Rockstart Accelerator program are open now through January 20, 2013.

Silicon Valley 231

Silicon Valley Europe Venture Capital Incubator 231

YoungUpstarts

MARCH 13, 2018

If you’re going to finance startup-related purchases with a credit card anyhow, why not use one that pays you back? Every new employee you take on adds to your company’s liabilities: salary, benefits, office space, equipment. Are You Living Lean? Use a Rewards Credit Card. Use Contract Labor Until You Can’t Anymore.

Balance Sheet 113

Balance Sheet Bootstrapping Dividend Entrepreneur 113

The Startup Magazine

DECEMBER 13, 2018

I wanted to be able to select clients that are a good fit and can benefit from my finance, IT and international experience. Our clients’ employees enjoy their work more and are able to make a greater impact. Our clients’ employees enjoy their work more and are able to make a greater impact.

Technical Review 65

Technical Review Founder Due Diligence Early Stage 65

Both Sides of the Table

NOVEMBER 29, 2010

I always say that it takes 18 months to un-train a big company employee from their bad habits when they join a startup. I learned everything I know about startups in these lean years: 2001-2004. It was probably true, but I created the wrong mindset – the wrong culture. I was too much Accenture, not enough Startup.

Warrant 333

Warrant Germany France Cost 333

Steve Blank

MARCH 4, 2014

But now, as the business model is repeatable and scalable, most employees take the business model as a given, and instead focus on the execution of the model – what is it they are supposed to do every day when they come to work. Finance The goals for public companies are driven primarily by financial Key Performance Indicators (KPI’s).

IRR 335

IRR Startup Business Model Agile 335

Startup Lessons Learned

APRIL 14, 2009

This is why companies often get out-competed by former employees (Palm vs Handspring to name just one), even though the upstart lacks all of the familiar resources, tools, processes, and support they used to have. but few step back and really examine the underlying assumptions of startup finance. Expo SF (May.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Rob Go

SEPTEMBER 9, 2013

Lean Startup Circle Boston – Meetup dedicated to the lean startup and customer development methodology. Not Boston focused, but definitely follow his reports of PE and VC financings and the state of the venture market. @danprimack. General Assembly – Boston branch of tech classes and workshops started in NYC.

Boston 71

Boston Technical Review Community Cofounder 71

Steve Blank

JUNE 23, 2016

Second, the leaders of these companies tended to be those who excelled at finance, supply chain or production. But starting in the last quarter of that century and accelerating in this one, a new form of financing – risk capital (angel and venture capital) — emerged. They knew how to execute the current business model.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227