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Lessons Learned by Eric Ries Monday, July 13, 2009 The Principles of ProductDevelopment Flow If youve ever wondered why agile or lean development techniques work, The Principles of ProductDevelopment Flow: Second Generation Lean ProductDevelopment by Donald G. Reinertsen is the book for you.
by Zain Jaffer, serial entrepreneur and the Founder and CEO of Zain Ventures. sales to productdevelopment), the problems will continue to exist. Every event, whether good or bad, is a learning experience. Running a small business can come with a slew of challenges. Among the list: the loss of a major client.
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. October 13, 2008 6:47 PM Luke G said. Eric, love the blog.
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.
Lessons Learned by Eric Ries Monday, January 18, 2010 Case Study: Continuous deployment makes releases non-events The following is a case study of one entrepreneurs transition from a traditional development cycle to continuous deployment. I also identified a set of events that would indicate something terribly going wrong (e.g.
Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. It has to find product-market fit before running out of cash. It has to find product-market fit before running out of cash. ” Fire, Ready, Aim. The result?
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.
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.
The graphic below balances the risks cofounders take with their relative contributions to help answer this question. This covers one of the most common situations I encounter: For a pre-funding web startup whose team includes only a non-technical cofounder, how much equity should an incoming technical cofounder get?
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.
Sometimes we have the attitude that the ProductDevelopment team is the one responsible for Activation and Retention (hey, a great product would do that naturally) or that the Marketing team is responsible for Revenue and Referral (hey, go get me some money or free customers already). Take a look and let me know what you think.
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. Take a look and let me know what you think.
But first I think we need to save the product manager from that special form of torture only a waterfall productdevelopment team can create. Labels: productdevelopment 8comments: Vincent van Wylick said. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup?
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.
One of the sayings I hear from talented managers in productdevelopment is, “good enough never is.&# And, most importantly, it helps team members develop the courage to stand up for these values in stressful situations. I believe this is one reason why the myth of the dictatorial startup founder has such enduring appeal.
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.
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.
Its to everyones advantage to let the world think the founders thought of everything. I say this as a founder: the contribution of founders is always overestimated. The danger here is that new founders, looking at existing founders, will think that theyre supermen that one couldnt possibly equal oneself.
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.
BizThoughts Thoughts about business, technology, the web & entrepreneurship About Booklist Contact Nov 15 2011 Finding a Technical Cofounder 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 technical cofounder.
This Maker Movement has now spread across the world, spawning hundreds of events and companies, including Maker Faires, Makerspaces, Hackerspaces, and Maker Film Fests. In today’s fast moving market, the basic productdevelopment cost and time are critical to survival. Provides networking with cofounders and strategic partners.
Lessons Learned by Eric Ries Monday, October 20, 2008 The engineering managers lament I was inspired to write The product managers lament while meeting with a startup struggling to figure out what had gone wrong with their productdevelopment process. Good luck, engineering manager. It was painful for a lot of people.
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.
Some startups fail because the founders cant have this conversation - they either blow up when they try, or they fail to change because they are afraid of conflict. Although I wish I could take credit for these pivots, the reality is that they were not caused by my singular insight or that of my other co-founders.
This post was written by Sarah Milstein, co-host of The Lean Startup Conference. The Lean Startup Conference is an event by entrepreneurs for entrepreneurs—except that our definition of “entrepreneur” may be different from the one you have in mind. Often, in very young organizations, those people are simply the founders.
The technical interview is at the heart of these challenges when building a productdevelopment team, and so I thought it deserved an entire post on its own. Still, a startup productdevelopment team is a service organization. Labels: hiring , productdevelopment 5comments: TedHoward said.
Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. And I tried to evaluate the idea and figure out: What did the founder really need here? Was it a Startup FounderDeveloper Gap ? You got it.
► 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? Take a look and let me know what you think.
He doesnt put out crappy, buggy products and then ask for feedback. And he doesnt shy away from big-bang launch events. For startups that are tempted to mimic this behavior, I suggest reading the great account of the early Apple in Founders at Work.) He tells customers what they want, and he gets it right. Great post Eric.
This was an effective approach to discovering a business by using a sequence of product prototypes to get early customer feedback. The first version of the 3D IMVU client took about six months to build, and as the founders iterated towards a compelling user experience, the user base grew monthly thereafter. If it didnt, wed trash it.
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.
Thank you all so much for making the event an overwhelming success (way beyond my wildest expectations) and a special thanks to all of you who have reached out to share your feedback, comments, and questions since then. sachinrekhi : "Visionary customers are as smart if not smarter then the founders" #leanstartup Theres no skipping the chasm.
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.
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. Take a look and let me know what you think.
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.
► 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? Take a look and let me know what you think.
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? Take a look and let me know what you think.
One last suggestion, which is a technique I learned from my IMVU co-founder Will Harvey. All the usual ideas are good ones: I support inviting more women to speak at conferences , the creation of women-centric networking events like Women 2.0 There’s a lot more we can do than just these ideas.
► 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? Take a look and let me know what you think.
In any event, nobody should hold a master position for too long. Labels: five whys root cause analysis , productdevelopment 15comments: Anonymoussaid. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Either way can work. Leave your thoughts in a comment.
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. After your product launch. Point #1: Developing a Proof of Concept. Introduction.
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