YoungUpstarts

NOVEMBER 10, 2016

by Nick Candito, Co-Founder and Chief Executive Officer at Progressly. Time and time again, there’s one critical component that hampers productivity and efficiency: We are wired to work within the confines of organizational silos. Contact centers are closely tied with marketing, sales, shipping and even product development.

Cofounder 174

Cofounder Technical Review Operations Employee 174

Hearpreneur

AUGUST 20, 2024

remember Your Customers and your team are your best asset. 5- By immersing in the customers' journey Photo Credit: Josh Qian Immersing yourself in the customer's journey provides critical, firsthand insights that can transform your business strategy. This helps you start your day right. then spend 3 to 5 minutes in stillness.

Entrepreneur 140

Entrepreneur Technical Review Operations Cofounder 140

Steve Blank

APRIL 23, 2018

Sloan realized that GM couldn’t compete on price, so GM created multiple brands of cars, each with its own identity targeted at a specific economic bracket of American customers. The idea was to keep customers coming back to General Motors over time to upgrade to a better brand as they became wealthier. What happened to him?

Michigan 301

Michigan Cofounder Stock Forecast 301

Startup Professionals Musings

AUGUST 25, 2017

In today’s fast moving market, the basic product development cost and time are critical to survival. With the new rapid prototyping tools, products can be physically built for analysis, rather than just conceptualized. Provides networking with cofounders and strategic partners.

Technical Cofounder 153

Technical Cofounder Intellectual Property Wiki Cofounder 153

Startup Lessons Learned

NOVEMBER 8, 2008

Lessons Learned by Eric Ries Saturday, November 8, 2008 What is customer development? When we build products, we use a methodology. But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." a roadmap for how to get to Product/Market Fit."

Customer Development 168

Customer Development Developer San Francisco Customer 168

Startup Professionals Musings

SEPTEMBER 20, 2021

In today’s fast moving market, the basic product development cost and time are critical to survival. With the new rapid prototyping tools, products can be physically built for analysis, rather than just conceptualized. Network with potential cofounders and strategic partners.

Startup 397

Startup Cofounder Incubator California 397

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Thus it’s a waste of time for most entrepreneurs to be looking for investors until they have a product and some customer revenue. Most founders bootstrap product development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? This may sound crazy, coming as it does from an advocate of c harging customers for your product from day one. They are gaining valuable customer data.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Mucker Lab

MAY 28, 2020

This post originally appeared in TechCrunch back in 2015, written by our co-founder and managing partner Erik Rannala. Like a teenager with a million-dollar allowance and an identity crisis, a startup with too much capital and no product-market fit will become capable of making larger mistakes. How do you know you have it?

Startup 78

Startup Cofounder Burn Rate Technical Review 78

Startup Lessons Learned

SEPTEMBER 7, 2008

Lessons Learned by Eric Ries Sunday, September 7, 2008 Customer Development Engineering Yesterday, I had the opportunity to guest lecture again in Steve Blank s entrepreneurship class at the Berkeley-Columbia executive MBA program. Unfortunately, positioning our product as an "IM add-on" was a complete mistake.

Customer Development 131

Customer Development Engineer San Francisco Developer 131

Up and Running

MAY 15, 2014

When I was going through the co-founder “dating” process, I’d found a potential partner through my network who seemed to be perfect. I knew that there were issues with my potential partner, but I also knew that the company would grow at a slower pace if I had to start the co-founder search from back at square one.

Partner 113

Partner Cofounder Equity Metrics 113

Small Business Force

AUGUST 31, 2013

Picking a partner or co-founder isn't like finding a new friend. So, how do you avoid finding yourself in a similar situation somewhere down the road between you and your partner/co-founder? Picking the right partner or co-founder for your business can portend whether that business succeeds or not.

Cofounder 40

Cofounder Partner Technical Review Founder 40

YoungUpstarts

JUNE 27, 2018

by Joanna Malaczynski, founder of DESi. If you are building an innovative company, you will have to spend a good chunk of your time on customer discovery. Here are three tips for you based on my discussions with entrepreneurs who have come before you: Take Time to Understand the Needs and Expectations of Your Customers.

Customer 153

Customer Cofounder Demand B2B 153

Startup Lessons Learned

JULY 5, 2010

I believe it is the best introduction to Customer Development you can buy. As all of you know, Steve Blank is the progenitor of Customer Development and author of The Four Steps to the Epiphany. You can imagine how well that worked. On the plus side, that means its a great deal. I think theyve succeeded.

Customer Development 166

Customer Development Developer San Francisco Customer 166

Startup Lessons Learned

OCTOBER 26, 2009

Lessons Learned by Eric Ries Monday, October 26, 2009 A real Customer Advisory Board A reader recently asked on a previous post about the technique of having customers periodically produce a “state of the company&# progress report. Many companies seek to involve customers directly in the creation of their products.

Advisory Board 151

Advisory Board Customer San Francisco Lean 151

YoungUpstarts

MAY 6, 2019

You don’t have a product and most of your meetings will not bring any fruit. You are looking for cofounders that can help you build a product. You have finally found a cofounder that can take care of the startup. Product development. Initial product development usually consists of prototyping and MVP.

Startup 113

Startup Technical Cofounder Merger Early Stage 113

Startup Lessons Learned

MARCH 16, 2009

Lessons Learned by Eric Ries Monday, March 16, 2009 Combining agile development with customer development Today I read an excellent blog post that I just had to share. In most agile development systems, there is a notion of the "product backlog" a prioritized list of what software is most valuable to be developed next.

Agile 111

Agile Customer Development Developer San Francisco 111

YoungUpstarts

AUGUST 30, 2011

times more likely to spend more than one standard deviation above the average on customer acquisition. Inconsistent startup outsource 4-5 times as much of their product development than consistent startups. In the validation phase, where startups should be testing demand for a functional product, inconsistent startups are 2.2

Silicon Valley 189

Silicon Valley Software Review Startup Cofounder 189

David Teten

APRIL 1, 2021

Nick Kim , Crosscut’s Head of Platform, in his presentation at the 4th Annual VC Platform Summit, shared their Platform development methodology, which he viewed as an exercise in product development. For example, recruiting writ large is useful at all stages of development. Customer Development. AskAnything.VC

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Hearpreneur

JANUARY 28, 2022

I came up with my company's name by envisioning what my company represents and that is an alpha level of customer service and training for me and my agents. We want our clients to feel like out of all the shopping they have done online they finally reached the top of their journey in securing the right product for their families.

Naming 161

Naming Entrepreneur Jordan Merger 161

David Teten

AUGUST 19, 2019

RBI normally requires founders to pay back their investors with a fixed percentage of revenue until they have finished providing the investor with a fixed return on capital, which they agree upon in advance. For background, see Revenue-Based Investing: A New Option for Founders who Care About Control. Alternative Capital. “

Revenue 60

Revenue Technical Review Software Review Equity 60

View from Seed

AUGUST 10, 2021

We first invested in co-founders Ben Forgan & Pat Wilbur in early 2015, when NextView led a $1.3M Hologram has grown to hundreds of employees, thousands of customers, and attracted substantial capital all from its home base in Chicago. pre-seed round for the company (Hologram was fka Konekt).

Chicago 177

Chicago Cofounder Miami B2B 177

View from Seed

AUGUST 10, 2021

We first invested in co-founders Ben Forgan & Pat Wilbur in early 2015, when NextView led a $1.3M Hologram has grown to hundreds of employees, thousands of customers, and attracted substantial capital all from its home base in Chicago. pre-seed round for the company (Hologram was fka Konekt).

Chicago 156

Chicago Cofounder Miami B2B 156

The Startup Magazine

AUGUST 11, 2023

It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. The criteria change after a company reaches the growth stage when it is deemed to have attained product market fit. After that, the money is used to maintain the company’s expansion.

Seed Stage 133

Seed Stage Technical Review Early Stage Due Diligence 133

Startup Lessons Learned

SEPTEMBER 14, 2008

Lessons Learned by Eric Ries Sunday, September 14, 2008 How to listen to customers, and not just the loud people Frequency is more important than talking to the "right" customers, especially early on. Youll know when the person youre talking to is not a potential customer - they just wont understand what youre saying.

San Francisco 131

San Francisco Customer Lean Continuous Deployment 131

Feld Thoughts

SEPTEMBER 16, 2011

A company at this stage could also face product development costs from consultants if they decided to outsource product development. However, Praveena has committed to personally get the first version of the product up and launched without outside consultants, so there is no expense here either.

Balance Sheet 125

Balance Sheet Fractional CTO Burn Rate Salary 125

ReadWriteStart

MARCH 17, 2011

That's a pretty significant comment from the co-founder of one of the most successful startup incubators in Silicon Valley history, and begs the question: what is Imagine K12 doing that Y Combinator can't? Working with Students, Teachers, Schools for Product Development.

Incubator 116

Incubator Technical Review Silicon Valley Cofounder 116

Startup Lessons Learned

AUGUST 6, 2013

Guest post by Lisa Regan On August 20, Eric will sit down with developer and Hut8Labs co-founder Dan Milstein for a webcast you can join to discuss “Getting Engineers Into the Lean Startup Cycle.” The conversation will be free-ranging, and it will include live Q&A with attendees, so we don’t know exactly what will happen.

Lean 167

Lean Engineer Startup Cofounder 167

Feld Thoughts

MAY 5, 2011

This approach worked much better, but by this point one of the co-founders was frustrated with the customer dynamics (all business facing) and decided to leave to start a new consumer-facing business (he left on good terms, we are still good friends, and he’s much happier today).

CTO Hire 131

CTO Hire Cofounder Architecture Product Development 131

ConversionXL

JANUARY 18, 2022

Muun found a market need but failed to compete with bigger names that provided customers with authoritative content and resources. One neglected its positioning by failing to target the biggest pain point, and the other failed to build a brand that its customers could trust above the other major players.

Marketing 110

Marketing Product Audience Equity 110

David Teten

OCTOBER 1, 2015

and if you’re like most of today’s startups — you need to get an app in the hands of customers. Once customers love your app and you show some traction, you raise some money and grow it into that impactful dream of an idea that you’ve had figured out in your head for as long as you can remember. Others think the model can work.

Software Developers 60

Software Developers Software Development Software Developer 60

crowdSPRING Blog

SEPTEMBER 19, 2014

Inside the Mind of a Technical Founder | OpenView Blog by Larry Kim – crowdspring.co/1u7Fz1b. 5 Signs You’ve Got the Wrong Co-Founder – crowdspring.co/1u17ovZ. 12 Qualities To Look For In A Co-Founder – crowdspring.co/1m97mzy. What’s the Best Time to Send Email Newsletters?

Social Media 94

Social Media Small Business Design Media 94

View from Seed

AUGUST 10, 2021

We first invested in co-founders Ben Forgan & Pat Wilbur in early 2015, when NextView led a $1.3M Hologram has grown to hundreds of employees, thousands of customers, and attracted substantial capital all from its home base in Chicago. pre-seed round for the company (Hologram was fka Konekt).

Chicago 136

Chicago Cofounder Miami B2B 136

Both Sides of the Table

DECEMBER 16, 2009

.&# They know instinctually how customers buy and how to excite them. They spot opportunities that aren’t being met and the design products to meet these needs. You can practically hear the “voice of the customer&# when they’re presenting their concept. Hold the phone far away from your ears.

Entrepreneur 306

Entrepreneur Burn Rate Cofounder Sales 306

The Next Web

MARCH 6, 2014

Here’s a problem I bet every non-technical founder has experienced: the communication gap between what the biz dev team wants and what the tech team thinks they want, and vice versa. It’s disruptive, and for founders, very frustrating to watch. Kelsey Meyer , Influence & Co. Their answers are below. Cross Train Members.

Technical Review 129

Technical Review Development Team Review Developer Agile 129

Both Sides of the Table

APRIL 28, 2010

Here’s why that is important: when users are on your website you want to convert them to become paying customers. It’s true that the carrier then gets their huge slice for being the billing and payment engine but the idea is that you as a website more than make up for this in terms of customer conversion. 13mm in Series B.

Venture Capital 270

Venture Capital Cofounder Spain San Diego 270

The Startup Magazine

MAY 8, 2024

Instead of calling yet another “ideation session” with your product team, use the following tips to instantly innovate for increased revenues with the least amount of effort and wrong turns: 1. Let Your Customers Show You the Way: Your customers’ requests are more than just orders; they are potential gold mines for new product ideas.

Artificial Inteligence 88

Artificial Inteligence Cofounder Demand Lean 88