Startup Lessons Learned

APRIL 14, 2009

Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. Their product development team is hard at work on a next-generation product platform, which is designed to offer a new suite of products – but this effort is months behind schedule.

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Customer San Francisco Lean Hockey Stick 167

Startup Lessons Learned

AUGUST 24, 2009

Mass blasts of information are ineffective, because the broadcast channels are suffering from information overload (even in social media). There are too many products clamoring for attention. Test-marketing is now easier than ever before, thanks to leveraged distribution channels like AdWords and Facebook. Is that a lot?

San Francisco 113

San Francisco Lean Technical Review Distribution 113

Steve Blank

MAY 9, 2017

When the product and channel are bits, adoption by 10’s and 100’s of millions and even billions of users can happen in years versus decades. The second thing that’s changed is that we’re now Compressing the Product Development Cycle. This might mean competing with and if necessary killing your own products.

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Restful Silicon Valley San Jose Puerto Rico 249

ConversionXL

FEBRUARY 3, 2022

This philosophy comes from The Lean Startup methodology , which relies on testing hypotheses to better understand your customers’ pain points and goals. It outlines four major growth strategies: market penetration , market development , product development , and diversification. New channels. Product development.

Marketing 115

Marketing Framework Metrics Channel 115

Startup Lessons Learned

JANUARY 18, 2010

Recently, he was bitten by the lean startup bug and has started writing about his experiences attempting to apply lean startup and customer development principles. Ive previously named his post Achieving Flow in a Lean Startup as one of my favorite blog posts of 2009. I am not advocating adding no features at all.

Continuous Deployment 151

Continuous Deployment San Francisco Lean Wiki 151

ConversionXL

OCTOBER 7, 2021

These are the four stages of a product we’ll be focusing on. . However, on a more granular graph, the introduction phase would be preceded by a product development stage. This stage is used to determine the viability of your product and confirm when it should go to market. It also gives you a product to market.

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Product Marketing Software Review Social Media 142

Startup Lessons Learned

DECEMBER 14, 2009

A minimum viable product in this category must answer the question: does my media content or channel command the attention of a valuable audience? One clue that you don’t have product/market fit – you’re trying to evaluate your business to see if you have it. The Lean Startup Intensive is tomorrow at Web 2.0.

Customer 156

Customer San Francisco Viral Lean 156

Startup Lessons Learned

SEPTEMBER 18, 2008

There are other models, in other distribution channels. As the AppStore becomes increasingly saturated one of the goals of the socialDeck platform is to create an alternative distribution channel -- a way to drive installs of casual games outside of the AppStore oligopoly. The Lean Startup Intensive is tomorrow at Web 2.0.

Distribution 74

Distribution San Francisco Lean Continuous Deployment 74

Startup Lessons Learned

JUNE 5, 2009

She has a separate team, with its own culture and office, and a mandate straight from top management to innovate without regard to the company’s historic products, channels, or supply chain. The Lean Startup Intensive is tomorrow at Web 2.0. Amazing lean startup resources Is Entrepreneurship a Management Science?

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Duct Tape Marketing

MARCH 12, 2013

But then online channels, social behavior and customer voice came along and fragmented even the best attempts at integration. Suddenly brands had to deal with dozens of new channels and things such as mobile shoppers and consumers armed with the ability to talk back and publish information, images and reviews about brands.

Marketing 78

Marketing Social Media Public Relations Channel 78

Startup Lessons Learned

MARCH 24, 2009

As notification channels get stuffed full of these messages, customers tune them out (or platforms have to put in place dramatic limits on access). The solution for app developers caught in this vicious cycle is to develop competency in positioning. the fatigue rate of customers in that notification channel 2.

Metrics 88

Metrics San Francisco Lean Viral 88

Up and Running

SEPTEMBER 6, 2016

To create this first year in business checklist, I turned to our in-house experts here at Palo Alto Software: Sabrina Parsons, CEO; Noah Parsons, COO; Josh Cochrane, Vice President of Product Development; and Josh Fegles, Academic and Government Channel Sales Director, and founder of gluten-free cookie company Jude’s Foods.

Forecast 60

Forecast Software Review Lean Finance 60

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods. In the tactics section, list your sales channels and describe how you will be selling your products.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

MAY 7, 2009

My two cents is that a business plan is the single place to collect your thinking about about your: business model, distribution channel, demand creation plan, financial assumptions, and customer and product development plan. I was simply confused about what a plan was for. Your investors may require something quite different.)

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Business Plan Silicon Valley RSS Venture Capital 160

Startup Lessons Learned

OCTOBER 23, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. Analytics spark more questions and discussion than almost any other aspect of the Lean Startup method. Alistair and Ben, co-authors of the book Lean Analytics, will help you sort it out in our next webcast, Lean Analytics for Non-tech Companies.

Analytics 167

Analytics Lean Widget Metrics 167

Steve Blank

MARCH 15, 2011

Our new Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. what’s the product? what distribution channel? Channel : Mowing and agricultural equipment dealers. Filed under: Business Model versus Business Plan , Customer Development , Lean LaunchPad , Teaching.

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Business Model Nebraska Peru Germany 239

Up and Running

JULY 26, 2017

Before devoting resources to building a full version, consider launching an MVP (minimal viable product) first. Learn more about validating your business idea and product concept here. Now, consider whether can you bring extra value by leveraging another channel. Plane: both mobile apps and web apps with offline mode.

Mobile 81

Mobile Application Development Web Software Review 81

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development.

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Customer Development Developer Customer Silicon Valley 255

techcocktail.com

OCTOBER 23, 2010

But while you are small and lean, take advantage of everyone skills; if someone on your team is a great writer, have them take charge of your press releases and marketing content. be the manager and product developer). Talent: Each team member needs to have talent – they all need to own their abilities and focus on their assets.

San Francisco 44

San Francisco Startup PHP San Diego 44

Up and Running

JULY 26, 2016

1x hacker in charge of product/development. 1x hipster working with both product and growth. Lean marketing. Cost of Acquisition (CAC): The total cost of acquiring a user through a given channel. If the CAC is above the LTV, but not too much—there’s some potential in this channel. Big press (cheap or free).

Revenue 60

Revenue Acquisition Channel Campaign 60

Startup Lessons Learned

NOVEMBER 22, 2008

It is an essential lean startup tool that combines seemingly irreconcilable attributes: it provides operational, actionable, real-time feedback that is truly representative of your customers experience as a whole. Use whatever communication channel you normally rely on for notifying your customers. Even just 10 might be enough.

.Net 158

.Net Operations San Francisco Lean 158

Startup Lessons Learned

SEPTEMBER 19, 2009

Its actually part of a lean startup story. For more on his lean startup journey, you can take a look at this slide presentation. In other words, the service transforms tweets into professional reports that are sent by snail mail, fax, and email - the channels that actually have attention paid to them.

San Francisco 150

San Francisco Founder DC Washington 150

Steve Blank

JUNE 8, 2009

Execution by Vertical Market As the class progressed, students asked how the activities/functions of a startup; (Sales, Marketing, Business Development, Product Development, etc.) How does product development differ in communications hardware versus enterprise software, etc. Waterfall, Agile, Lean?

Vertical 126

Vertical Silicon Valley RSS Marketing 126

Duct Tape Marketing

NOVEMBER 1, 2017

And then I think in a lot of ways it’s become air for every sort of channel and element and, even as you suggest in your last book, a business model in itself. The difference in the two that you mentioned … I realize this is semantics at some level, but the two that you mentioned are channel based, right? Robert Rose: No.

Cost 55

Cost Marketing Audience Media 55

YoungUpstarts

JULY 22, 2020

Tone and topics, channels and character, messaging and media – everything has been in a state of flux as the world undergoes a dramatic transformation. Instead, we need to streamline and accelerate our processes by borrowing techniques from the world of lean and agile product development.

SCRUM 162

SCRUM Customer Agile Framework 162

YoungUpstarts

JUNE 6, 2018

In today’s rough-and-tumble startup scene, “lean” is all the rage, and the ability to cut costs without compromising performance is prized above virtually any other managerial competency. Product Development. Most lean startups simply don’t have the wherewithal to get a dozen consumers in a room somewhere.

CPA 124

CPA Bandwidth Lean Startup 124

Steve Blank

MARCH 11, 2015

They’ve found product/market fit (what products customers want to buy). They’ve learned the best distribution channel to get the product from their company to the customer. and how to price the product. for new product development that emphasize immediate returns.

Widget 120

Widget Lean Business Model Metrics 120

Startup Lessons Learned

MARCH 31, 2009

Lessons Learned by Eric Ries Tuesday, March 31, 2009 The Lean Startup workshop coming soon I am currently gearing up for my talk tomorrow at the Web 2.0 As you can tell from recent posts, Ive been experimenting with different formats and channels to try and find the best way to help. The Lean Startup Intensive is tomorrow at Web 2.0.

Lean 68

Lean San Francisco Continuous Deployment DC 68

ConversionXL

FEBRUARY 9, 2016

The key differentiator being the product-level focus vs. the channel-level focus of traditional marketing effort. Optimization is a huge part of growth, specifically optimization applied across the entire product experience, not just on websites and landing pages, where CRO has traditionally been highlighted. Conclusion.

Retention 48

Retention Metrics Acquisition Conversion 48

Hunter Walker

OCTOBER 25, 2020

For example, Lenny Rachitsky writes a newsletter devoted to technology and product development. But he also runs a paid-subscriber-only Slack group [Friends of Lenny’s Newsletter, partial screenshot below] that has channels for job openings, startup advice, technical talk and so on. Notes and More.

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North Carolina Community Media Video 118

Startup Lessons Learned

SEPTEMBER 15, 2009

I promised to post the slides for my highly abbreviated version of the lean startup presentation, so here they are. 2009 09 08 The Lean Startup Gov 2.0 g2s The very abbreviated version of Customer Development (channeling Steve Blank ). g2s The very abbreviated version of Customer Development (channeling Steve Blank ).

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San Francisco DC Washington Lean 92

Up and Running

MARCH 1, 2016

So, if I were going to invent something, I’d probably start by creating an affordable jeweler’s workbench, not least because I’d be able to test it, and because I already know all the distribution channels I’d need to hit in order to sell it. You can do this on your own too using the lean planning methodology.

Non-disclosure Agreement 60

Non-disclosure Agreement NDA Non-Compete Naming 60

This is going to be BIG.

JULY 25, 2022

Over time, you’ll start building up more and more sophisticated ways of tracking and your reports will start to subdivide into functional areas like marketing, product development, and financials (when you have dedicated investor money or a limited pool of your own capital you’ve decided to invest).

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Equity Metrics Widget Bandwidth 126

Startup Lessons Learned

OCTOBER 7, 2008

The App Store is a channel for customer acquisition. As the channel gets more and more crowded, just launching an app in the store is getting worse and worse as a strategy for each new entrant. On the web, we have many of these channels: SEM, SEO, world of mouth, PR and viral. The Lean Startup Intensive is tomorrow at Web 2.0.

San Francisco 68

San Francisco Lean Retention SEM 68

Steve Blank

SEPTEMBER 5, 2018

It’s the antithesis of the Lean Startup. The Rise of the Lean Startup. The idea of the Lean Startup was built on top of the rubble of the 2000 Dot-Com crash. Lean started from the observation that you cannot ask a question that you have no words for. It has to find product-market fit before running out of cash.

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Lean Burn Rate Startup IPO 335

Startup Lessons Learned

JUNE 26, 2015

This week, the Lean Startup took over the blog on Intuit Labs with original stories centered around experimentation as a method for investigating all parts of a business or product idea. We also posted Lean Startup 101 , in case you’re looking for a refresher or an explainer to send to friends or colleagues.

Lean 60

Lean Early Stage Distribution Metrics 60

Startup Lessons Learned

JANUARY 11, 2009

Those who have tried to build apps that exist just as glorified landing pages or marketing channels have generally failed. And, most importantly, you have several reliable communciation channels to talk to them including including email, profile notifications, feed items and status messages. Expo SF (May. for Harvard Business Revie.

San Francisco 68

San Francisco Social Network Lean Continuous Deployment 68