Startup Lessons Learned

NOVEMBER 8, 2008

Customer development is a parallel process to product development, which means that you dont have to give up on your dream. Our goal in product development is to find the minimum feature set required to get early customers. This is a common mistake. Startup Lessons Learned - the Conference (April 23.

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Startup Lessons Learned

SEPTEMBER 13, 2008

We ran ad campaigns against every single product we could think of in an adjacent market space to ours. Since we were only paying per click, it didnt cost us anything to cast a wide net. We would pretty much bid on any phrase that was "[name of competitive product] chat" and variations like that.

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Startup Lessons Learned

JULY 2, 2009

The net effect of all this was to make new engineers incredibly productive right away – in most cases, we’d have them deliver code to production on their very first day. Labels: five whys root cause analysis , product development 15comments: Anonymoussaid. Leave your thoughts in a comment.

San Francisco 164

San Francisco Lean Technical Review Software Review 164

Startup Lessons Learned

NOVEMBER 29, 2008

The technical interview is at the heart of these challenges when building a product development team, and so I thought it deserved an entire post on its own. Still, a startup product development team is a service organization. Labels: hiring , product development 5comments: TedHoward said.

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San Francisco Lean Agile Java 146

Startup Lessons Learned

SEPTEMBER 14, 2008

Some techniques that Ive found especially helpful: Build your own tracking survey, using a methodology like Net Promoter Score (NPS) to identify and get a regular check-up from promoters (and to screen out detractors). Thoughts on scientific product development Lo, my 5 subscribers, who are you?

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San Francisco Customer Lean Continuous Deployment 131

Startup Lessons Learned

NOVEMBER 4, 2008

Eric, Any thoughts on how forum feedback fits into customer development and agile product development? Youve probably addressed this in the past, but I continue to be blown away by how fast Blizzard reacts to noise in their forums and rapidly makes fixes to the product. =) November 4, 2008 10:58 PM IMVU said.

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Lean San Francisco Agile Continuous Deployment 102

Startup Lessons Learned

NOVEMBER 17, 2008

Strategy - startups first encounter this when they have the beginnings of a product, and theyve achieved some amount of product/market fit. Growth - when you have existing customers, the pressure is on to grow your key metrics day-in day-out. And if you neglect maintenance, you may not have a business left at all.

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San Francisco Lean Continuous Deployment DC 88

Startup Lessons Learned

OCTOBER 26, 2009

In previous posts, I’ve mentioned quite a few of these, including these most important ones: having engineers post on the forums in their own name when they make a change routinely split-testing new changes routinely conducting in-person usability tests and interviews Net Promoter Score Each of these techniques is fundamentally bottoms-up.

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Advisory Board Customer San Francisco Lean 151

Startup Lessons Learned

AUGUST 8, 2009

The economics of these process trade-offs are discussed in the Principles of Product Development Flow.) Heres an excerpt: In a previous article, we called Toyota’s product development system the “second Toyota paradox.&# Labels: product development 5comments: new york web development company said.

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Software Review Design Software San Francisco 87

Startup Lessons Learned

MARCH 27, 2009

Even if it helps optimize one stage, if it slows you down somewhere else, it might not be a net win. Customer Development : a disciplined approach to finding out if there is a market for your product before its too late. Customer Development Engineering : techniques for accelerating your product development.

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Startup Lessons Learned

NOVEMBER 6, 2008

Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev. Startup Lessons Learned - the Conference (April 23. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, Lo, my 1032 subscribers, who are you?

Agile 76

Agile San Francisco Software Review Continuous Deployment 76

Steve Blank

MARCH 4, 2014

They measure their success on metrics that reflect success in execution, and they reward execution. 20 th century Management Tools for Execution In the 20 th century business schools and consulting firms developed an amazing management stack to assist companies to execute. Our Investment Readiness Level is just one of those metrics.)

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IRR Startup Business Model Agile 335

Steve Blank

NOVEMBER 21, 2015

By the 1920’s, in the Age of the Automobile and Oil, large companies sought to control the new product development process. Corporations focused on financial metrics like Return On Net Assets and Internal Rate of Return to reap the benefits of the last technology cycle.

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Silicon Valley Venture Capital United States Technical Review 120

ConversionXL

APRIL 3, 2018

Understand growth accounting – new, resurrected vs churned = net growth (can also look at this at feature level, not only product). Work hard to define meaningful product metrics – enabler of team success. There’s no single metric to track, there are many: Leads. Track ecosystem health daily.

Retention 106

Retention Artificial Inteligence Channel Email 106

Startup Lessons Learned

NOVEMBER 14, 2013

Alistair Croll will lead a session on Lean analytics for intrapreneurs —from introducing never-before-seen case studies to tracking a product through its entire development and demonstrating which data and metrics are useful in what kinds of situations. If there’s a problem in production, developers need to own it.

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Continuous Deployment Norway Lean Analytics 162

Startup Lessons Learned

NOVEMBER 22, 2008

Lessons Learned by Eric Ries Saturday, November 22, 2008 Net Promoter Score: an operational tool to measure customer satisfaction Ive mentioned Net Promoter Score (NPS) in a few previous posts, but havent had a chance to describe it in detail yet. Net Promoter Score NPS is a methodology that comes out of the service industry.

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.Net Operations San Francisco Lean 158

Startup Lessons Learned

SEPTEMBER 29, 2008

Turns out, what customers really meant was "let me use IMVU with somebody I dont know" so they could get a feel for the social features of the product without incurring the social risk of recommending it to their friend. Luckily, the metrics helped us figure out the difference. Lets run a thought experiment.

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San Francisco Lean Continuous Deployment DC 68

Startup Lessons Learned

JANUARY 18, 2010

With staged releases, time provides a (somewhat illusory) safety net. No one wants to be solely responsible for bringing a production system down. With staged releases, time provides a (somewhat illusory) safety net. No one wants to be solely responsible for bringing a production system down.

Continuous Deployment 151

Continuous Deployment San Francisco Lean Wiki 151

Startup Professionals Musings

OCTOBER 12, 2010

It’s human nature to prioritize the metrics that get measured, so the simple act of keeping track is often enough to have a significant positive impact. Products: You obviously can’t create value without a viable product (or service) to sell. Detail isn’t important; tracking your progress is.

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Intellectual Property .Net Valuation Distribution 223

Startup Lessons Learned

NOVEMBER 17, 2008

Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev. Startup Lessons Learned - the Conference (April 23. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, Lo, my 1032 subscribers, who are you?

San Francisco 79

San Francisco Lean Continuous Deployment DC 79

Startup Professionals Musings

MAY 23, 2012

New product development process. Product life cycles keep getting shorter and shorter, which mandates accelerated innovation cycles. Once a new product is launched, a key metric is the ratio of new product sales to overall sales. Net result and reward. Without risk, there can be no innovation.

Intellectual Property 247

Intellectual Property IP Valuation .Net 247

Startup Professionals Musings

MARCH 9, 2011

New product development process. Product life cycles keep getting shorter and shorter, which mandates accelerated innovation cycles. Once a new product is launched, a key metric is the ratio of new product sales to overall sales. Net result and reward. Without risk, there can be no innovation.

Intellectual Property 234

Intellectual Property IP Valuation .Net 234

Startup Lessons Learned

NOVEMBER 18, 2008

I believe its important that product teams be cross-functional, no matter what other job function the product champion does. Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev.

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San Francisco Continuous Deployment Lean DC 60

Startup Lessons Learned

MARCH 4, 2009

Thanks to those of you who were willing to fill out the survey, I learned my net promoter score (about 25) as well as some clear other segmentation insights: about 80% of you are founders of or work at a startup, you read many of the same other blogs, and many of you would like to engage with Lessons Learned in formats and venues beyond this blog.

San Francisco 68

San Francisco Lean Continuous Deployment DC 68

Startup Lessons Learned

OCTOBER 23, 2013

It provides a basic introduction to analytics as they apply to Lean Startup, including sections on what metrics to use and how to interpret them. For instance, Ben lists out the worst of the “vanity metrics,” a term that describes appealing but meaningless or misleading numbers. Alistair: There are plenty. Consider a restaurant.

Analytics 167

Analytics Lean Widget Metrics 167

Startup Professionals Musings

MARCH 15, 2010

New product development process. Product life cycles keep getting shorter and shorter, which mandates accelerated innovation cycles. Once a new product is launched, a key metric is the ratio of new product sales to overall sales. Net result and reward. Without risk, there can be no innovation.

Intellectual Property 122

Intellectual Property IP Valuation .Net 122

YoungUpstarts

APRIL 25, 2016

Increase your On-Time Delivery (OTD) metric by 1 percent. Implement Net Promoter Score (NPS) with your customers. For example, you might ask a customer during an engagement, “On a scale of 1-10, how likely is it that you would recommend [your product/brand] to a friend or colleague? Ask and ye shall receive.

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.Net Employee Metrics Channel 100

YoungUpstarts

FEBRUARY 22, 2016

I outline a measurement and monitoring system extensively in Advancing Innovation , using metrics such as Net Promoter Score, New Product Revenue, and External Ideation percentage — but these metrics are part of a larger categorical system that looks at your strategic archetype and points out specific, strategic relevance.

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Government Channel Metrics Portfolio 100

Startup Lessons Learned

DECEMBER 16, 2008

Many viral products have flamed out over the years, able to capture large numbers of users, but proving transient in their value because they failed to engage customers for the long-term. Our goal is to understand the metrics, mechanics, and levers of engagement. Some of those affected customers decide to return to your product.

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Viral San Francisco Lean Continuous Deployment 140

Up and Running

FEBRUARY 10, 2021

You’ll want to raise enough money to cover planned expenses and cash flow requirements plus some additional funding as a safety net. If you have historical results, you should plan on sharing those too as well as any other key metrics about your business. Your financial forecast should help you figure this out. Milestones / Roadmap.

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Business Plan Forecast Balance Sheet Exit Strategy 138

The Equity Kicker

JANUARY 10, 2020

So where we used to talk about Eric Ries’ concept of Minimum Viable Products, we now talk about Minimum Lovable Products: consumers have got to love a product enough to move away from their current alternative. And what are the metrics for customer love? We have been crucial in getting the product to market.

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Partner Early Stage Portfolio Metrics 68

Startup Lessons Learned

NOVEMBER 5, 2008

You also need to know what each one cares about, which metrics they look at (or studiously ignore). Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev. What are the job titles of the people you need to convince?

Advertising 60

Advertising San Francisco Media Continuous Deployment 60

Startup Lessons Learned

JULY 9, 2009

Of course, those were the days when 12 year old, 80% market share, $200mm, 30% net profit companies were the ones going public. Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev.

San Francisco 94

San Francisco Lean Continuous Deployment DC 94

Startup Lessons Learned

NOVEMBER 11, 2008

Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev. Startup Lessons Learned - the Conference (April 23. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, Lo, my 1032 subscribers, who are you?

Silicon Valley 68

Silicon Valley San Francisco Lean Continuous Deployment 68

Startup Lessons Learned

NOVEMBER 19, 2008

Startup Visa update ► February (5) Kiwi lean startup + Australia next Why diversity matters (the meritocracy business) Beware of Vanity Metrics (for Harvard Business Rev. Startup Lessons Learned - the Conference (April 23. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, Lo, my 1032 subscribers, who are you?

San Francisco 60

San Francisco Lean Continuous Deployment DC 60

maplebutter.com

JANUARY 8, 2013

Written By Dan Martell on February 2nd, 2012 | Category: Hiring LeanStartup Marketing Metrics Startup Life | 6 Comments. Building Product 2. Building Metrics / Usage Reports / KPI 3. Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Occam's Razor

MAY 27, 2015

All of that to simply say that I think data is really important, and I'm a passionate believer in a data-driven product development, marketing, employee hiring, stocking the pantry at your office, and so much more. Bonus: Magnificent Mobile Website And App Analytics: Reports, Metrics, How-to! < Magnificent.

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Analytics Marketing Mobile Audience 60