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Lessons Learned by Eric Ries Sunday, April 26, 2009 Productdevelopment leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in productdevelopment. Its a key lean startup concept.
He previously co-founded and served as Chief Technology Officer of IMVU. He is the co-author of several books including The Black Art of Java Game Programming (Waite Group Press, 1996). While an undergraduate at Yale Unviersity, he co-founded Catalyst Recruiting. Please email me if you are interested. Eric, love the blog.
He blogs to 10,000 web entrepreneurs at Software by Rob and co-hosts the podcast Startups for the Rest of Us. A virtual assistant (VA) is a remote worker hired to complete tasks you should not be doing as the founder of a startup. A VA can be domestic or international, as long as they have a computer and an email account.
The investment will be used for productdevelopment initiatives. ShoeDazzle has Kim Kardashian as a co-founder / company as a spokesperson as well as Brian Lee who was a co-founder at Legal Zoom. So when you register for products it can do a sophisticated targeting of other offers that might interest you.
The application of agile development methodologies which dramatically reduce waste and unlock creativity in productdevelopment. See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process.
Home About Contact Me How To Make It as a First-Time Entrepreneur Vinicius Vacanti Guide to Finding a Technical Co-Founder September 7, 2010 | View Comments Steve Job's Technical Co-Founder “I’ve got this HUGE idea. I just need to find a technical co-founder.&# So, why should they pick you?
Lessons Learned by Eric Ries Monday, September 22, 2008 Thoughts on scientific productdevelopment I enjoyed reading a post today from Laserlike (Mike Speiser), on Scientific productdevelopment. I agree with the less is more productdevelopment approach, but for a different reason. Now that is fun.
Refreshing to finally see lean and agile thinking emerge in product/business-floors and not only in technology. Critical also, as the lean company/start-up can not be lean by just using lean principles in IT and not in ProductDevelopment/Management - a common misinterpretation of the Toyota Production System.
When I was going through the co-founder “dating” process, I’d found a potential partner through my network who seemed to be perfect. Conversations that should have taken minutes would take hours, and would often require a post-mortem email or phone call to discuss our working styles. Why did I think that?
Customer development is a parallel process to productdevelopment, which means that you dont have to give up on your dream. Our goal in productdevelopment is to find the minimum feature set required to get early customers. Instead, we do everything possible to validate the founders belief.
A company at this stage could also face productdevelopment costs from consultants if they decided to outsource productdevelopment. 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.
In a startup, both the problem and solution are unknown, and the key to success is building an integrated team that includes productdevelopment in the feedback loop with customers. 2008 09 06 Eric Ries Haas Columbia Customer Development Engineering View SlideShare presentation or Upload your own. Sure, Id be delighted to.
They exchange countless emails, and hes being constantly interrupted and being asked to clarify exactly what the spec means. The fourth spec exists only in these emails, which are changing the design in an ad-hoc fashion. Labels: productdevelopment 8comments: Vincent van Wylick said. Want to learn more about me?
So what does CTO mean, besides just "technical founder who really cant manage anyone?" Labels: productdevelopment 15comments: mukund said. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you?
I had the opportunity to pioneer this approach to funnel analysis at IMVU, where it became a core part of our customer development process. To promote this metrics discipline, we would present the full funnel to our board (and advisers) at the end of every development cycle.
It should be even more important to the founders themselves, because it demonstrates that their business hypothesis is grounded in reality. Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. In fact, this company hasn’t shipped any new products in months.
Finally the day came, we unleashed the landing page, emailed our existing customers, and started advertising online. Depending on the type of product, postings on forums, classifieds and emails could give enough information to help gauge potential response. We finally settled on a $1.99 November 8, 2008 8:44 AM OneDish said.
Luckily, I now have the benefit of a forthcoming book, The Principles of ProductDevelopment Flow. Labels: five whys root cause analysis , productdevelopment 11comments: Peter Severin said. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Interesting post.
I am convinced one of Joel Spolskys lasting contributions to the field of managing software teams will turn out to be the Joel Test , a checklist of 12 essential practices that you could use to rate the effectiveness of a software productdevelopment team. He wrote it in 2000, and as far as I know has never updated it.
This is the first post that moves into making specific process recommendations for productdevelopment. Labels: productdevelopment Speed up or slow down? This is the first post that moves into making specific process recommendations for productdevelopment. Want to learn more about me? Try About the author.
Ever since that time, I have struggled to explain how the feedback loop in customer development should interface with the feedback loop in productdevelopment. Eric Ries Lean Startup Schematic View Of Agile Development And Customer Development View more presentations from Eric Ries.
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?) No departments The Five Whys for Startups (for Harvard Business R.
Startups especially can benefit by using technical debt to experiment, invest in process, and increase their productdevelopment leverage. The biggest source of waste in new productdevelopment is building something that nobody wants. Leverage productdevelopment with open source and third parties.
Its inspired by the classic OODA Loop and is really just a simplified version of that concept, applied specifically to creating a software productdevelopment team. There are three stages: We start with ideas about what our product could be. Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you?
► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Want to learn more about me?
Once that responsibility has been assigned, have that new person email the whole company with the results of the analysis. Now, everyone is learning together - about your product, process, and team. Each five whys email is a teaching document. This last step is difficult, but I think its very helpful.
There is much work that I need to do (the only developer so far) before we have something customers can use. ► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. Want to learn more about me?
So there was simply no substitute for seeing actual customers with the product, live. Today, when I talk to startup founders, the most common answer I get to the question "do you talk to your customers?" is something like "yes, I personally answer the customer support emails." Dont confuse passion with volume.
Andy Mathieson, a founder and managing member at Fairview Capital , was particularly supportive. Andy Mathieson, a founder and managing member at Fairview Capital , was particularly supportive. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? The response was surprisingly positive.
And yet the key to startup speed is to maintain a disciplined approach to testing and evaluating new products, features, and ideas. As start-ups scale, this agility will be lost unless the founders maintain a consistent investment in that discipline. Techniques from lean manufacturing can be part of a startups innovation culture.
None of it would have happened if we had plenty of cash, or were content to count our progress by traffic or productdevelopment milestones. Luckily for me, my co-founders eventually prevailed and we went on to build a product that customers actually wanted. Labels: productdevelopment 4comments: Doug said.
sachinrekhi : "Visionary customers are as smart if not smarter then the founders" #leanstartup Theres no skipping the chasm. At IMVU, I remember spending an incredible amount of time iterating on the model that would power our third-party developer economy. No departments The Five Whys for Startups (for Harvard Business R.
You might get a bunch of inbound emails from other press and partners, and all of these things can contribute to a feeling that you’re on your way to getting tons of traffic. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? It strokes your ego. Want to learn more about me?
Paul is also a senior lecturer at the Massachusetts Institute of Technology in the MIT Sloan School of Management and the co-founder of Oceanworks. Duct Tape Transcript Email Download New Tab Speaker 1 (00:00): I was like, I found it. It might also be in Big Co. Does it match what the other co-founders wrote down?
As all of you know, Steve Blank is the progenitor of Customer Development and author of The Four Steps to the Epiphany. I have personally sold many copies of his book, and continue to recommend it as one of the most important books a startup founder can read. I cant wait to see whats next. Want to learn more about me?
Lessons Learned by Eric Ries Friday, July 9, 2010 Founder personalities and the “first-class man&# theory of management At any given time, something like four percent of the US population is engaged in some form of new-company-creation. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup?
If you have thoughts about the right balance of news, events, and commentary, feel free to leave it as a comment or drop me an email. ► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th.
Generally, if all tests pass, its happy (a green build) and if any tests fail, it will notify you by email. ► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. Want to learn more about me?
For the many entrepreneurs that send me cold emails asking for me to review a business plan or answer a strategic dilemma: Im much more likely to answer if youve already tried getting an answer on the mailing list. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Want to learn more about me?
Labels: five whys root cause analysis , productdevelopment 15comments: Anonymoussaid. ► August (2) SXSW Case Study: SlideShare goes freemium ► July (4) Case Study: kaChing, Anatomy of a Pivot Some IPO speculation Founder personalities and the “first-class man&# th. Leave your thoughts in a comment.
One last suggestion, which is a technique I learned from my IMVU co-founder Will Harvey. One last suggestion, which is a technique I learned from my IMVU co-founder Will Harvey. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Hint: it doesnt. Want to learn more about me?
Eric, Any thoughts on how forum feedback fits into customer development and agile productdevelopment? Youve probably addressed this in the past, but I continue to be blown away by how fast Blizzard reacts to noise in their forums and rapidly makes fixes to the product. =) November 4, 2008 10:58 PM IMVU said.
For example, over 25% of the technology companies founded between 1995-2005 had a key immigrant founder. Similarly, 24% of all the patents filed in the US in 2006 had a foreign resident as inventor or co-inventor. For example, over 25% of the technology companies founded between 1995-2005 had a key immigrant founder.
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 productdevelopment , low-cost (fast to market) platforms , and rapid-iteration customer development. I think Drucker said it best. Any thoughts?
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