Startup Lessons Learned

MARCH 29, 2010

The way forward requires getting everyone together in a room, and having a conversation about where were headed. My aspiration with the Lean Startup methodology has always been to provide such a framework, so that we have more intelligent conversations about what works and what doesnt for startups. Thats what this conference is for.

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Startup Lessons Learned

MAY 25, 2020

The stories he told me during our conversation, somber as they are, show the truth of that belief. You can listen to our conversation on Apple podcasts , Google podcasts , or wherever you like to download. 42:07) On how the 2008 financial crisis prepared banks for the pandemic. (44:25) Here's my conversation with Carl Liebert.

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Startup Lessons Learned

APRIL 14, 2009

They know how much it costs to bring in a customer and they know how much money they can expect to make on each one. Our cost to acquire a customer on AdWords was only a few cents. Go on an agile diet quickly. With a product development team that is not shipping, any agile methodology will surface major problems quickly.

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Startup Lessons Learned

JUNE 5, 2009

For example, say that your business model calls for a 4% conversion rate – as ours did initially at IMVU. After a few months of early beta at IMVU, we discovered that our actual conversion rate was about 0.4%. If it costs $0.10 to acquire an early adopter, how much should it cost to acquire a mainstream customer?

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Startup Lessons Learned

AUGUST 24, 2009

So I generally feel right at home in these conversations. As the costs of production fall, it’s getting easier and easier to send in a proposal or even a complete work. It’s a fascinating time to see content industries in action, because they are facing a constantly changing landscape and are really trying to keep up.

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Startup Lessons Learned

JULY 3, 2009

Although there is cost and overhead associated with continuous deployment, the benefits are immense. Split-testing is great for linear optimization; making our landing pages, conversion rates, and retention metrics incrementally better day-in day-out. Danger, Will Robinson. Expo SF (May.

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SoCal CTO

DECEMBER 1, 2010

The conversation shouldn't end after conversion. Hubris Versus Humility: The $15 billion Difference - Steve Blank , November 8, 2010 Describing your product as “new and “never been done before” instead of “we’re just like those others guys, but better” could cost your company billions. The Proof Is In The Revenue. Keep going.

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Startup Lessons Learned

OCTOBER 6, 2008

Lessons Learned by Eric Ries Monday, October 6, 2008 When NOT to listen to your users; when NOT to rely on split-tests There are three legs to the lean startup concept: agile product development , low-cost (fast to market) platforms , and rapid-iteration customer development. October 6, 2008 9:41 PM Eric said.

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Startup Lessons Learned

MAY 22, 2009

Loved it and great speaker, but disagree with portrayal of agile only dealing with known problems #leanstartup Im really interested in perspectives on this point. For example, the agile practice of an in-house customer or product owner that can make authoritative prioritization decisions seems like it doesnt translate very well to startups.

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Startup Lessons Learned

JANUARY 27, 2009

Do it right, and your conversion rates might be as high as 20%. Here the key is for your free customers to get value from the site that is greater than the costs they perceive by the fact that youre selling access to them. Do it wrong, and your LTV gets very close to zero. Expo SF (May.

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prosperati.com

OCTOBER 23, 2010

For Malaysia, we achieved a cost savings between 70 – 80%. In late 2008, Zoecity made a strategic shift in our product direction. If you follow the Agile methodology you will be very comfortable with this concept. And in a cut-throat technology startup world, this cost us tremendously in terms of company morale.

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Startup Lessons Learned

MAY 7, 2009

He summarized that conversation well, so rather than re-tread that material, Ill quote it here: One thing that I was surprised to learn was that IMVU started out with continuous deployment. The interesting thing about fear is that to reduce it requires two contradictory impulses. Expo SF (May.

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Startup Lessons Learned

SEPTEMBER 13, 2008

Lessons Learned by Eric Ries Saturday, September 13, 2008 SEM on five dollars a day How do you build a new product with constant customer feedback while simultaneously staying under the radar? Since we were only paying per click, it didnt cost us anything to cast a wide net. SEM is a simple idea. Expo SF (May.

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Duct Tape Marketing

MAY 23, 2019

Even just the visibility of what roles are open, and how do I grow into them, and how do I have those conversations with my manager. Jenny Blake: At first, I started to ask, “How can people be as agile as startups?” Because it can be kind of scary to bring this stuff up. So you pivot. How are you applying that now to careers?

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Startup Lessons Learned

SEPTEMBER 8, 2009

Beyond just those who will be hearing about the lean startup for the first time, Im expecting to shake a lot of hands and have a lot of interesting side conversations. Im especially curious to gauge the reaction of the civilian and military representatives of our government. September 8, 2009 6:25 PM dbsaid. Expo SF (May.

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Startup Lessons Learned

DECEMBER 16, 2008

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. Thanks for being part of the conversation.

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Startup Lessons Learned

JANUARY 28, 2009

I thought we were having a successful conversation. Stick to some kind of absolute-cost rule, like "no one is allowed to spend more time on the refactoring for a given feature than the feature itself, but also no one is allowed to spend zero time refactoring." Back to my conversation with the company I met recently.

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blog.expensify.com

APRIL 24, 2012

Shame on you for spinning your desire for junior developers as being solely related to cost. ALT.NET is a large sector of the.NET community that isn’t satisfied with the status quo and wants to find the best, most agile way to do things. Working for or started something in 2008 that may or may not make it.

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Startup Lessons Learned

DECEMBER 7, 2008

Lessons Learned by Eric Ries Sunday, December 7, 2008 Getting started with split-testing One of the startup founders I work with asked me a smart question recently, and I thought Id share it. December 7, 2008 6:05 PM Cupar Garden Centre said. Expo SF (May. Conference streaming, sponsors, discounted tickets.

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Startup Lessons Learned

FEBRUARY 12, 2009

a guide for hackers) (This post was inspired by a conversation with Nivi from Venture Hacks , but is otherwise not his fault) There has been a proliferation of frameworks and metaphors lately that are designed to help startups avoid the all-too-common fatal mistake of failing to find a market. Resegmented market (low cost variety).

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Startup Lessons Learned

SEPTEMBER 11, 2009

This single decision wound up costing the company significant revenue and over the course of several months sent its customer growth into decline. In the end, we managed to repair the damage, but only after losing a lot of time and at significant opportunity cost. We were totally unprepared for the magnitude of what happened.

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