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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. Great post!

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Elizabeth Suarez Explains Current Issues That Entrepreneurs Face

The Startup Magazine

Every day, entrepreneurs face issues threatening their business progress—from financing to staffing to marketing tactics. Understanding your ideal customer’s demographics, behaviors, and pain points allows you to tailor your marketing efforts and product development to meet their needs.

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HR and Finance Checklists for Your Startup: The Essentials

Early Growth Financial Services

Rapidly growing companies have a lot to deal with—product development, customer acquisition, raising financing, user scaling issues—just to name a few. HR and finance can seem like daunting tasks that you know are important, but just never have time for.

Finance 57
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Lessons Learned: Validated learning about customers

Startup Lessons Learned

Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. Their product development team is hard at work on a next-generation product platform, which is designed to offer a new suite of products – but this effort is months behind schedule.

Customer 167
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Lessons Learned: The engineering manager's lament

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, October 20, 2008 The engineering managers lament I was inspired to write The product managers lament while meeting with a startup struggling to figure out what had gone wrong with their product development process. Good luck, engineering manager. It was painful for a lot of people.

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Why vanity metrics are dangerous

Startup Lessons Learned

If you never have, you can create your own using Google Finance. If you never have, you can create your own using Google Finance. Have you ever built one of those charts that shows a metric over time, annotated with "key events" that explain what happened to the numbers at key inflection points? Go ahead and try it, then come back.

Metrics 167
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What is a startup?

Startup Lessons Learned

This is why so many small businesses can be financed with simple bank loans; the level of risk and uncertainty is well enough understood that a reasonably intelligent loan officer can assess its prospects. Thus, the land of startups is a unique place, where the risks themselves are unknown. The Lean Startup Intensive is tomorrow at Web 2.0.