Startup Lessons Learned

JULY 13, 2009

Lessons Learned by Eric Ries Monday, July 13, 2009 The Principles of Product Development Flow If youve ever wondered why agile or lean development techniques work, The Principles of Product Development Flow: Second Generation Lean Product Development by Donald G. Reinertsen is the book for you.

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Product Development Developer San Francisco Product 153

Jeff Hilimire

OCTOBER 8, 2014

My name is Richard Simms and, I am a Cofounder of Tech Talent South. Our mission at TTS is to develop more tech talent in the South through beginner-focused programs teaching web development and computer programming. We actually met taking some web development classes in Chicago. Who are you and what do you do?

Cofounder 68

Cofounder Charlotte Raleigh Atlanta 68

YoungUpstarts

APRIL 17, 2018

by Felix Winstone, Co-Founder and Managing Director at Talkative. As a startup co-founder with a growing team, here are the recruiting tips I’ve learnt over the last couple of years. Robert Metcalfe, co-founder and CEO of 3Com, says you need to think about it as “recruiting, not hiring”. Be Specific.

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Cofounder Elevator Pitch Hiring Dividend 164

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. Thus my job as a small business advisor really is really more about getting you developed than perfecting the business.

Leadership 248

Leadership Technical Review Cofounder Social Media 248

blog.nahurst.com

JULY 19, 2010

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?

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Technical Cofounder Cofounder Equity Salary 43

Steve Blank

APRIL 23, 2018

If you’re following Tesla, you might be interested to know that Sloan wasn’t the founder of GM. Where are the charitable foundations, business schools, and hospitals named after the founder of GM? The founder of what became General Motors was William (Billy) Durant. And a founder of Neuralink a brain-computer interface startup.

Michigan 299

Michigan Cofounder Stock Forecast 299

View from Seed

DECEMBER 6, 2018

Another affinity-based co-working space? As a seed stage VC, I have a unique privilege of confidentially spending time with a number of entrepreneurs throughout their company formation and initial product development process. And it’s amazed me how many times I’ve seen two or more entirely separate groups of founders?—?without

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Seed Stage Startup Cofounder Stealth 120

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.

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Cofounder Partner Technical Review Founder 40

Business Plan Blog

OCTOBER 4, 2013

If you have a technical background and you are focused on product development, consider a co-founder with a sales and marketing background that can focus on selling your world class product. Don’t make everyone a founder. Having too many co-founders will only lead to your eventual dilution.

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Part-Time VPE Fractional VPE Cofounder CTO Hire 79

The Next Web

OCTOBER 3, 2012

Andrew is the co-founder and CTO of Parse.ly , a technology startup that provides big data insights to the web’s best publishers. He wrote: When startups die, the official cause of death is always either running out of money or a critical founder bailing. Editor’s note: This is a guest post by Andrew Montalenti.

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Cofounder Technical Cofounder Technical Review Software Review 155

David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. equity that belongs to departed cofounders)?

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Software Developers Software Development Software Review Technical Cofounder 60

Startup Professionals Musings

DECEMBER 24, 2018

Plan to and assemble the right team, including co-founders. You need skills in finance, operations, and marketing to supplement product development, and more hours of work than one person can manage. Building and running a business is not a solo operation.

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Angel Investor Cofounder Finance Operations 249

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.

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Cofounder Technical Review Operations Employee 174

Startup Lessons Learned

APRIL 26, 2009

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development 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 product development. Its a key lean startup concept.

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Product Development Developer San Francisco Product 88

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

Duct Tape Marketing

APRIL 29, 2024

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. And that might be in a startup, it might be as a founder of a startup, it might be as an early employee, as a startup. It might also be in Big Co.

Entrepreneur 63

Entrepreneur Cofounder Early Stage Artificial Inteligence 63

Steve Blank

SEPTEMBER 5, 2018

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. Lean was designed to inform the founders’ vision while they operated frugally at speed. The result?

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Lean Burn Rate Startup IPO 335

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

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. Outside investors are most interested in scaling a proven business model, not research and development. Most founders bootstrap product development. Fabulous solutions require great technology.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

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. AskAnything.VC Advantages.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 Thoughts on scientific product development I enjoyed reading a post today from Laserlike (Mike Speiser), on Scientific product development. I agree with the less is more product development approach, but for a different reason. Now that is fun.

Product Development 68

Product Development Developer San Francisco Product 68

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 123

Seed Stage Technical Review Early Stage Due Diligence 123

Hearpreneur

AUGUST 20, 2024

It sounds silly, but this is what the root of our company is about because myself and my co-founder thrive in these sorts of spaces. For instance, these experiences not only inspire our product development but also provide a mental reset. Thanks to Moxin Reza, Investor Partner Group ! #4-

Entrepreneur 121

Entrepreneur Technical Review Operations Cofounder 121

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

Hearpreneur

APRIL 2, 2019

At the forefront of this emerging technology, Cameron Chell is a serial startup entrepreneur and Chairman and co-founder of ICOx Innovations Inc. , This specifically includes thinking BIG, product development, strategic planning, team alignment, execution and measurement.

Cofounder 48

Cofounder Founder Entrepreneur Distribution 48

Steve Blank

AUGUST 27, 2012

What I saw reminded me of some of the best and worst things I did as a founder. We’re building the wrong product!” Some of the engineers figuring if the founder was declaring they were toast in 90 days were updating their resumes. But like all great founders some of these insights are simply hallucinations.

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Founder Cofounder Advisory Board Burn Rate 323

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 We champion founders redesigning the Everyday Economy , and to many, that brings to mind consumer businesses in particular. The Hologram story is near and dear to our hearts here at NextView for a number of reasons.

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 We champion founders redesigning the Everyday Economy , and to many, that brings to mind consumer businesses in particular. The Hologram story is near and dear to our hearts here at NextView for a number of reasons.

Chicago 156

Chicago Cofounder Miami B2B 156

Startup Lessons Learned

JULY 9, 2010

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?

San Francisco 161

San Francisco Management Founder Lean 161

David Teten

OCTOBER 1, 2015

Thor Ernstsson, Founder of Alpha UX ; previously, founder of Casual Corp , a venture studio, said, “Fundamentally and theoretically, this model works; practically and actually, it didn’t at all. […] The most important thing to consider is that launching a startup is usually a personal endeavor. Others think the model can work.

Software Developers 60

Software Developers Software Development Software Developer 60

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

YoungUpstarts

APRIL 12, 2021

When it comes to finding the right technical expertise to bring your product to life, what’s the best way to go? James Zhao, co-founder of Thought&Function, shares some of your options. The post Build, Borrow Or Buy — Three Ways To Work With Developers To Build A Tech MVP appeared first on Young Upstarts.

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Developer Cofounder Founder Product 237

View from Seed

NOVEMBER 6, 2014

Isaac Cambron is co-founder and CTO of Zensight.co , whose pre-launch product enables sales reps to find and use their best content to close more deals. Below, he answers questions about developing products from scratch, as well as the difficult technology choices and tradeoffs CTOs must make.

Technology 334

Technology Ruby Startup Engineer 334

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

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 We champion founders redesigning the Everyday Economy , and to many, that brings to mind consumer businesses in particular. The Hologram story is near and dear to our hearts here at NextView for a number of reasons.

Chicago 136

Chicago Cofounder Miami B2B 136

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

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