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Business Lessons Often Ignored In The Heat Of Passion

Startup Professionals Musings

If you don’t have all these interests and skills, even your most “disruptive” products will likely fail. For example, the personal motorized scooter Segway was announced as disruptive technology way back in 2002, but is still not a successful business. If there is no competition, there is likely not a market.

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How much does it cost to build the world’s hottest startups?

The Next Web

Taking into account the difference in storage costs in 2002, Schippers estimates that Zuckerberg was spending $3,000 per month on hosting for the first year and about $10 million per month by 2006 as the network grew exponentially in that time period. But if you were to replicate the product exactly, all those decisions are made for you.

Cost 168
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The Product Development Model « Steve Blank

Steve Blank

This product development diagram had become part of the DNA of Silicon Valley. That’s in stark contrast to the traditional Product Development Model where it’s expected a customer is already there and waiting and it’s simply a matter of [.] familiar with Customer Development you should be.

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Techstars brings The Lean Startup to Boulder

Startup Lessons Learned

During the same period (1987 – 1990) and I did some work at MIT under Eric von Hippel on “user driven innovation with regard to software development&# which today would probably fall under the heading of “open source software development approaches.&#

Lean 68
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How to Build Robust User Personas in Under a Month

ConversionXL

Because they used the magic term ‘personas,‘ development teams were discouraged from developing their own, not realising that a market segment might contain multiple personas. Development teams couldn’t use marketing personas to make design decisions, so they decided personas weren’t that useful. (It

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How to Build Robust User Personas in Under a Month

ConversionXL

One of the best definitions I’ve found, which expounds a bit more, comes from Tony Zambito circa 2002 : Tony Zambito: Buyer personas are research-based archetypal (modeled) representations of who buyers are, what they are trying to accomplish, what goals drive their behavior, how they think, how they buy, and why they make buying decisions.

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The Lean Startup Workshop - now an O'Reilly Master Class

Startup Lessons Learned

We changed our model to B2B and adopted Agile around 2002. I joined a financial services tech startup in 1999. We attempted to use Waterfall and market ourselves as B2C. It was a disaster. This shift allowed us to crank out working software quickly as a service. A few years later we had 80% market share and had revolutionized the space.

Lean 60