This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
It was designed to bring together many of the new approaches to building a successful startup – customerdevelopment, agile development, businessmodel generation and pivots. Get Out of the Building and test the BusinessModel. This post is part one. to get hard-earned information.
This is a customerdevelopment problem. By the end of this article, you should have a better understanding of how to develop new products or tweak your existing offerings by working with existing or prospective customers to incorporate their feedback to create viable solutions to their problems, and clearly communicate their value.
They’re deep into CustomerDevelopment ,” he said. While Google fights on the edges, Amazon is attacking their core - Chris Dixon , May 22, 2010 Google is fighting battles on almost every front: socialnetworking, mobile operating systems, web browsers, office apps, and so on. Here’s why. Your Process Doesn’t Work.
For the last 10 years China essentially closed its search, media and socialnetwork software market to foreign companies with the result that Google, Facebook, Twitter, YouTube, Dropbox, and 30,000 other websites were not accessible from China. businessmodels. businessmodels. It usually doesn’t end well.
It’s Not a Conversion Problem, It’s a CustomerDevelopment Problem. I feel like “conversion rate optimization” is in 2013 what “social media marketing” was in 2009. This is a customerdevelopment problem. So What is CustomerDevelopment? sustainable business.
aka: An Open Letter to the Next Big SocialNetwork) - 500 Hats , November 1, 2010 I've held off writing this post for a long time, because I couldn't quite get my head around all the issues. few years ago I also started following Alexander Osterwalder in his blog about his BusinessModel Generation -mantra. What truth?
For the last 10 years China essentially closed its search, media and socialnetwork software market to foreign companies with the result that Google, Facebook, Twitter, YouTube, Dropbox, and 30,000 other websites were not accessible from China. businessmodels. businessmodels. It usually doesn’t end well.
Making Money From Social Games - ArcticStartup , August 23, 2010 Games Developer Conference Europe 2010 (GDCE) took place last week in Cologne, Germany. Social gaming was naturally one of the key topics, covered in many presentations. As most, if not all, of the games on socialnetworks use the freemium businessmodel (i.e.
Enthusiastic references are extremely valuable to a business. They can close deals that were stuck, convince skeptical analysts or media that your product or service is the real deal, build your brand on their socialnetworks, provide referrals — the least expensive and most powerful marketing tool out there — and much more.
CustomerDevelopment , Agile Engineering and the Lean methodology enforced a process of incremental and iterative development. Startups could now get a first version of a product out to customers in weeks/months rather than months/years. That requires building a company using Agile and CustomerDevelopment.
Because then you’d miss out on: Whether it’s better experience to build a complete, tiny startup or to do more in-depth customerdevelopment for a meatier problem. So that means stuff like thinking about what a businessmodel might be, it does mean customerdevelopment. Patrick: Exactly.
It’s a rant really… LSM is a weekend educational program designed to teach the principles of lean startup and customerdevelopment. You’re thinking of creating a socialnetwork for startup founders. Let’s take the following example.
If I can steal your idea by just hearing it, there is no defensible businessmodel there. Reply Josh Strike says: January 18, 2011 at 10:50 am Tristan, the only thing I disagree with on an emotional level is the NDA business. It means there actually might be a market for your idea.
Today these potential adversaries are able to harness the power of socialnetworks, encryption, GPS, low-cost drones, 3D printers, simpler design and manufacturing processes, agile and lean methodologies, ubiquitous Internet and smartphones. Filed under: CustomerDevelopment , Science and Industrial Policy , Teaching.
It means you're relevant to the business, and if your trip around the cycle is successful, you'll have helped the organization get closer to its goals. Another way to find the metric you want to change is to look at your businessmodel. The businessmodel also tells you what the metric should be.
Nigel and Vaugn Caldon , co-founders of BallStar socialnetwork for basketball players. Here’s how they knew their idea could be a business. We had to back-end our way into, figuring out, where is the business (model) in that? Filed under: CustomerDevelopment , SiriusXM Radio Show. Nigel Caldon.
The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See CustomerDevelopment Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the CustomerDevelopment process.
I could see why so many tech businesses I was very familiar with were going nowhere and why they were making similar mistakes. The customerdevelopment theory was an eye opener and gave us the final push to launch this venture. It makes so much sense to design a business around the customer instead of the product.”
Do some CustomerDevelopment instead. You have to know your businessmodel. Most startups launch before theyve figured out what business theyre in. If the product needs to be tweaked just a little bit in order to convert users into customers, you want to figure that out before the launch. Gattiker said.
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 customerdevelopment. Thats what business is designed to do.
Our businessmodel was Pinterest. We were doing Social bookmarking around health and wellness products. It goes to show you that the businessmodel was good but we just … We’re not the right team. You need to go out and do some customerdevelopment. That’s not really helpful.
Then Intel began placing customer content on socialnetworks like Facebook, LinkedIn, and Twitter, as well as other firms’ websites where its buyers were active. Finally, it began experimenting with content delivery, and was among the first firms to exploit the power of video to tell customer stories.
Steve Blank on Lean CustomerDevelopment. Socialnetworking. Social/Sharing. share Powerpoints and docs with customers. Create your own socialnetwork. free enterprise socialnetwork. broken vc model. Business Culture. BusinessModel Canvas. Social CRM.
I’m not afraid to pick up the phone, cold call someone, use LinkedIn to find someone who’s recently left a company that might be considered competitive and ask them for advise around the businessmodel and marketplace. Now our biz model is lighter, more flexible. I think quick, do something, then review what I’ve learned.
Unfortunately, we were fixated on "building a real business" and never noticed that maybe students would want to share their profiles with each other. Could we have built the first college-based socialnetwork five years before Facebook ? No businessmodel, either. Heck, Id already seen Friendster flame out.
Reply steveblank , on September 16, 2009 at 7:00 pm said: Greg, The Google Group “Lean Startup Circle&# at [link] is a wonderful repository of CustomerDevelopment/Lean Startup success and failure. I hewar via thew grapevine that you’re thinking about a ‘BusinessModel Competition’ Interesting.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content