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

Startup Lessons Learned

I break the answer to that question down into three engines: Viral - this is the business model identified in the presentation as "Get Users." Here, the key metrics are Acquisition and Referral, combined into the now-famous viral coefficient. If the coefficient is > 1.0 , you generally have a viral hit on your hands.

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Engagement loops: beyond viral

Startup Lessons Learned

Lessons Learned by Eric Ries Tuesday, December 16, 2008 Engagement loops: beyond viral Theres a great and growing corpus of writing about viral loops, the step-by-step optimizations you can use to encourage maximum growth of online products by having customers invite each other to join. This is essentially a version of the viral loop.

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How to get distribution advantage on the iPhone

Startup Lessons Learned

On Facebook, viral distribution has proved decisive. Those companies who have learned to build apps that optimize the viral loop dominate in every category where they compete. And in some markets its decisive, because of well-known network effects (as happened with Microsoft, eBay, and many others).

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Learning is better than optimization (the local maximum problem)

Startup Lessons Learned

I’ve previously documented that early-on in IMVU’s life, we made the mistake of building an IM add-on product instead of a standalone network. Or should you focus on user engagement or virality? Or should you focus on user engagement or virality? In that case, you don’t need a very large sample.

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Lessons Learned: The hacker's lament

Startup Lessons Learned

My responsibility at the time I joined the company was to develop a product that is to be deployed on a social network (hint hint, FB). When I entered the company, I realized that there were no process and I quickly applied what I know about agile software development. I am basically a one-man shop. Take a look and let me know what you think.

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Out of the Crisis #10: HelixNano founder Hannu Rajaniemi on vaccines, suspending disbelief, and the power of stories

Startup Lessons Learned

I grew up in Finland. I grew up in a small town in Finland as an outsider geek, one way to make friends was to essentially dungeon master or game master role playing games. You can listen to our conversation on Apple , Google , or wherever you like to download podcasts. In addition, the transcript of our conversation is below.

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Lessons Learned: Don't launch

Startup Lessons Learned

If the viral coefficient is 0.9, Launching is about creating circles within circles (groups of people that connect) and social networking, word of mouth, and real-world advertising are all contributing factors. Pay attention to your fundamental driver of growth. keep iterating until its 1.1 before you launch. Thats how to "launch".