article thumbnail

10 Strategies To Cover New Product Development Costs

Startup Professionals Musings

My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

article thumbnail

Innovation, Change and the Rest of Your Life

Steve Blank

The second thing that’s changed is that we’re now Compressing the Product Development Cycle. In the 20 th century startups I was part of, the time to build a first product release was measured in years as we turned out the founder’s vision of what customers wanted. And it’s that Information is everywhere.

Restful 222
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

article thumbnail

Getting Engineers into the Lean Startup Cycle

Startup Lessons Learned

Guest post by Lisa Regan On August 20, Eric will sit down with developer and Hut8Labs co-founder Dan Milstein for a webcast you can join to discuss “Getting Engineers Into the Lean Startup Cycle.” This conversation will be a great opportunity for engineers and engineering managers to learn more about implementing Lean Startup ideas.

Lean 167
article thumbnail

10 Financing Alternatives For Your Next New Venture

Startup Professionals Musings

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Finance 320
article thumbnail

[Interview] Michael K. Levine, Author Of “People Over Process: Leadership for Agility”

YoungUpstarts

I was an early adopter in financial operations and software of lean operational and product development techniques that originated at Toyota, and then of agile as it was promulgated in the Manifesto. Before I wrote my first book I spent a few weeks at a University of Michigan seminar on lean product development.

Agile 113
article thumbnail

The Importance Of Keeping Your Startup Lean

YoungUpstarts

As a result, we need to give our little startups as much chance as possible to grow into healthy product and service shipping machines. This is where keeping your startup lean comes in. A lean startup only spends money on things it absolutely needs. It cross trains employees to keep the ship small. You Can Always Outsource.

Lean 193