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Lessons Learned by Eric Ries Monday, October 26, 2009 A real Customer AdvisoryBoard A reader recently asked on a previous post about the technique of having customers periodically produce a “state of the company&# progress report. One example is having a real Customer AdvisoryBoard.
What metrics do we use to see if we learned enough in Customer Discovery ? I gave my boilerplate answer, “I’m a product guy and I tend to invest and look at deals that have measurable revenue metrics. However the Customer Development Model and the Lean Startup work equally well for startups on the web. As for #3.
Maybe youd like to start with The lean startup , How to listen to customers , or What does a startup CTO actually do? ) He serves on the advisoryboard of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms. Looking forward for your future posts.
Lessons Learned by Eric Ries Monday, June 22, 2009 Pivot, dont jump to a new vision In a lean startup , instead of being organized around traditional functional departments, we use a cross-functional problem team and solution team. Thats not the goal of a lean startup. Your writing is certainly not lean. It was painful.
Lessons Learned by Eric Ries Monday, February 9, 2009 The lean startup @ Web 2.0 Expo to explain the lean startup concept to a larger audience. The Lean Startup: a Disciplined Approach to Imagining, Designing, and Building New Products.: Hey Someone else who is extending the agile/lean approach beyond just developing software.
I hope to show why lean and agile techniques actually reduce the negative impacts of technical debt and increase our ability to take advantage of its positive effects. Lean vs. debt In the world of physical goods, the leaner a supply chain is, the less debt is required to operate it. A similar relationship applies to technical debt.
blog comments powered by Disqus Newer Post Older Post Home Subscribe via email Blog Archive ► 2010 (48) ► October (3) Case Study: Rapid iteration with hardware The Lean Startup Bundle Stop lying on stage ► September (4) Good enough never is (or is it?) The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May.
Establish a customer advisoryboard. The Lean Startup Intensive is tomorrow at Web 2.0. ► April (11) Video update on the Startup Visa Act Lean Enterprise Institute webinar, April 28 Four myths about the Lean Startup Sneak preview, KISSmetrics (and more) Sneak preview, Grockit The Lean Startup Intensive at Web 2.0
The book has been described by a few CEOs who read it and commented early for me along the lines of “The Lean Startup movement is great, but this book starts where most of those books end and takes you through the ‘so you have a product that works in-market – now what?’ questions”. Writing a book is a LOT harder than I expected!
That should make you wonder - how do you measure traction in a metric? While thinking about the parameters of traction, and how to measure it, I was impressed with a new book, “ Scaling Lean: Mastering the Key Metrics for Startup Growth ” by Ash Maurya, a serial entrepreneur, and creator of the one-page business modelling tool Lean Canvas.
Lean on your professional networks too. It contains the story of your property, mission statement, sponsor benefits, demographics, marketing plan, goals, media opportunities, advisoryboard, and the sponsor fees.”. Next, look at any companies or suppliers you already partner with. Are they a potential sponsor? Source ).
Do they have metrics and a methodology they use for early stage companies that differs from companies that have already found a business model? Lean Startups ? Investors who have successful ex-founders who you can call for advice, grab a coffee with or get on your advisoryboard is a good sign. Who Do They Hang With?
Use them as a sounding board for corporate development issues. Advisoryboards never amount to much. Find one person, make them your sherpa, and lean on them. I’ve leaned on Allen Morgan for the last 8 years through 4 companies and all sorts of ups and downs and twist and turns. Don’t do this by committee.
In addition to some of my recent talks, you can learn more about the Startup Visa movement and enjoy two really interesting lean startup case studies. pbWorks (formerly pbWiki) was one of the first companies that ever invited me to join their advisoryboard. The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May.
You need to have some sort of plan for testing to see how it’s affecting key metrics , whether those are revenue, retention, registration, user happiness, or some other number you care about. ► February (1) 6 Ways You May Be Failing at Customer Development ► 2009 (9) ► December (1) Which Metrics Equal Happy Users?
This article is part of a trend that has taken me a bit by surprise: the adoption of lean startup techniques outside the traditional domain of high-tech startups. The Inc story, and many others, does a good job emphasizing its lean-ness. The Inc story, and many others, does a good job emphasizing its lean-ness. Read the rest.
The lean startup methodology is based on enlisting customers as allies, which requires honesty and integrity. The following was written an actual lean startup practitioner. It was originally posted anonymously to the Lean Startup Circle mailing list, and then further developed on the Lean Startup Wiki ’s Case Studies section.
Use them as a sounding board for corporate development issues. Advisoryboards never amount to much. Find one person, make them your sherpa, and lean on them. . Jason is also an investor in and Board Member at RJ Metrics. Rely on them to open doors to future investors. Don’t do this by committee.
Every experiment has to be evaluated based on a single standard report of 5-10 (no more) key metrics. Any team that creates an experiment must monitor the metrics and customer reactions (support calls, forum threads, etc) while the experiment is in-progress, and abort if something catastrophic happens. It promotes rapid iteration.
blog comments powered by Disqus Newer Post Older Post Home Subscribe via email Blog Archive ► 2010 (48) ► October (3) Case Study: Rapid iteration with hardware The Lean Startup Bundle Stop lying on stage ► September (4) Good enough never is (or is it?) The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May.
AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.
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