article thumbnail

Building Your MVP as a Non-Technical Founder

SoCal CTO

I did a presentation this week at Coloft that looked at how Non-Technical Founders can go about getting their MVP built. Once you build it, they will now ask you about the key metrics that they need proven in order to see if you really are a good investment. " Once you have the metrics defined, it focuses your effort.

article thumbnail

8 Strategies For Sustaining Momentum In Your Startup

Startup Professionals Musings

It’s important to define your growth strategy, document it, communicate it to your team, and align metrics and employee rewards to target goals. For example, Mark McClain, cofounder and CEO of SailPoint Technologies , created an employee growth culture resulting in growth of forty percent a year, with more than $100 million in revenues.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Reasons Two Founders As A Team Are Better Than One

Startup Professionals Musings

Thus, unless the visionary highlights a cofounder who can take the vision and execute, I assume the worst. My bottom-line recommendation and theirs is that every visionary entrepreneur needs to be matched with a cofounder or key team member who has the required execution attributes. Cause organizational whiplash.

Founder 329
article thumbnail

14 Interesting Findings From The Startup Genome Project

YoungUpstarts

The report was co-authored by Berkeley and Stanford faculty members along with other contributors including Steve Blank , the Sandbox Network and blackbox teams. Founders that learn are more successful. Startups that have helpful mentors, track metrics effectively, and learn from startup thought leaders raise 7x more money and have 3.5x

article thumbnail

Making Sure You Are Ready to Begin Building Your MVP

SoCal CTO

I'm going to be looking at aspects like: Things to consider before building your MVP Features often overlooked when documenting an MVP for developers Understanding important metrics you want to measure Risks and challenges in developing an MVP. What's Going to Go Wrong A lot of founders don't really understand Lean Startup principles.

article thumbnail

If You Don’t Have a Discrete Hypothesis You Are Incapable of Failing

Both Sides of the Table

We had a wide-ranging discussion which included discussions of Eric’s early career (including his failures), how he came to focus on the Lean Startup movement (at the encouragement of Steve Blank who was an investor in the company he co-founded) and what he wants to do next. 48:30 Vanity metrics. 52:00 Actionable metrics.

article thumbnail

The What & Why of Hiring a Great Startup COO

View from Seed

This is a guest post from Stephano Kim , former co-founder of Web 1.0 Many startup CEOs hire COOs or launch companies with a co-founder carrying the title. When should founders hire one? The needs of each founder are so different from the next, and the challenges his/her business faces are even more diverse.

Hiring 336