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As our Lean LaunchPad for Life Sciences class winds down, a good number of the 26 teams are trying to figure out whether they should go forward to turn their class project into a business. Filed under: Family/Career/Culture , Lean LaunchPad , Life Sciences. Family/Career/Culture Lean LaunchPad Life Sciences'
My guests on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Eric Ries , entrepreneur and author of the New York Times bestseller, The Lean Startup. Eric was the very first practitioner of my Customer Development methodology which became the core of the the Lean methodology.
Maybe youd like to start with The lean startup , How to listen to customers , or What does a startup CTO actually do? ) Because of IMVUs reputation, Ive also had the opportunity to serve as an advisor or board member for more than a dozen startups. Eventually, I came to summarize these themes with the phrase " the lean startup."
BizThoughts Thoughts about business, technology, the web & entrepreneurship About Booklist Contact Nov 15 2011 Finding a TechnicalCofounder By Mike Lee Categories: Entrepreneurship , Leadership Since I have a technical background, I get about one offer a month to join some engineering team, or to be a technicalcofounder.
Patrick: You can channel Cathy Sierra on this and say that the users, you become a Meeting King. Well yeah, you could potentially find a cofounder. I think I might be able to speed things up, especially now that everybody always talks about the book The Lean Startup. Edwin: You get a cofounder onboard. Jason: Oh, yeah.
The Cinepak codec was written by the engineer who would become my cofounder at Rocket Science Games.) Since we had gotten out of the software business when we came out of Chapter 11 , and our sales channel didn’t know what to do with software, we licensed ReelTime to Adobe. I was the Senior Technical Writer for SMac from 1988-1991.
Discord with a cofounder was one of the most fatal issues for a company. Bricabox cofounder advises, “When a co-founder walks out of a company — as was the case for me — you’ve already been dealt a heavy blow. One of the main reasons BricaBox failed was because it was solving a technical problem. 4 – Poor Marketing.
As we have seen with the recent speed bumps at highfliers like Groupon and Zynga, taking “lean startups” from foundation to creating sustainable, scalable, profitable business models is a very rare and special task. TripAdvisor, in effect, was a model lean start-up with an engineering-driven, product-focused founder. Really hard.
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.
Post launch, if you gain traction, is where the business person will help take the load off of the technical folks. The business person can take all the meetings while the technical folks work on making the product better. Ron Oh and another factor to bring reality to the table - Sometimes you find out your cofounders suck.
My guests on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Errol Arkilic , former program director for the National Science Foundation Innovation Corps (NSF I-Corps), now founder of M34 Capital. Venk Shukla has worked in numerous early-stage companies as an executive, investor, board member, or advisor.
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