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by Saeju Jeong, CEO and Co-founder of Noom Coach. Over the years, we’ve been able to understand some of the reasons that co-founderships fail — and more importantly, why a few, like ours, succeed. Here, I outline five principles all co-founders must agree on before working together. Bottom line.
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.
Lessons Learned by Eric Ries Monday, July 6, 2009 Lean Startup fbFund slides and video As a follow-up to my previous post on my talk for fbFund at Facebook , there was enough interest in watching video of the talk that I have finally uploaded it using Apples MobileMe. If you want to see the original video, use the link above.
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.
and there were no books, blogs or YouTube videos about entrepreneurship. and there were no books, blogs or YouTube videos about entrepreneurship. The second thing that’s changed is that we’re now Compressing the ProductDevelopment Cycle. The founders were simply wrong about their assumptions about customer needs.
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.
Below youll find the video of my remarks as well as the full slides embedded below. First, a definition: the minimum viable product is that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort. It certainly took me many years to make sense of it.
I realized that I enjoy interviewing startup friends about their business, but sending them a bunch of questions and having them reply didn’t allow for me to react to their answers, and honestly, if I actually interviewed them over Skype or something I think about eight people would actually watch the video.
This post was written by Sarah Milstein, co-host of The Lean Startup Conference. Often, in very young organizations, those people are simply the founders. Last year, the co -founders of B ack to the Roots talked about their innovation accounting and how they were ignoring sales metrics in order to grow.
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.
VentureHacks did a great summary , which includes slides and video. a roadmap for how to get to Product/Market Fit." The theory of Product/Market Fit is one key component of customer development, and I highly recommend Marcs essay on that topic. Instead, we do everything possible to validate the founders belief.
However, you could still build an Instagram-like product inexpensively, in the $100,000 to $300,000 range over a three-to-six-month period,” says Werdelin. Founder Kevin Systrom launched Instagram with 25,000 beta users on October 6, 2010; two years later, the app continues to see massive growth, recently reporting 150 million active users.
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.
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. The Lean Startup Intensive is tomorrow at Web 2.0.
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?
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.
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?
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.
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. Expo SF (May.
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. Expo SF (May.
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.
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. The Lean Startup Intensive is tomorrow at Web 2.0.
Sean Murphy has an excellent and comprehensive roundup of resources about the conference: all of the slides, videos, summaries, notes and write-ups are listed on his blog here. All video from the conference is available for free at Justin.tv If not, youd better watch video of his talk ASAP. And then you can buy a t-shirt.
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. Expo SF (May.
► 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? Expo SF (May. Want to learn more about me?
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? Expo SF (May. . Want to learn more about me?
► 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? Expo SF (May. Want to learn more about me?
► 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? Expo SF (May. Want to learn more about me?
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.
We spent the rest of our time pretending to work on the assigned homework, but really trying to do interesting side projects, like sending juvenile messages across the school network or building primitive video games. These were primitive open-ended video games created by the players themselves , using simple programming languages.
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.
Most of the people building our product werent themselves target customers. 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?" The Lean Startup Intensive is tomorrow at Web 2.0.
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.
They couldn’t keep up with the fast productdevelopment times that were enabled by using standard microprocessors. So their management teams were insisting that they OEM (buy from someone else) these products. Customer Development and Selling Strategy If you’ve just started your company you are in customer discovery.
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.
► 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? Expo SF (May. Want to learn more about me?
If you watch the video/audio below, youll get to see some of the questions I was asked after my presentation. I did my best to capture video and audio; a YouTube playlist and Slideshare slidecast are below: Slides (with audio): 2009 08 19 The Lean Startup TechStars Edition View more presentations from Eric Ries.
(tags: lean startup ) Labels: customer development , events , lean startup , slides 8comments: Nivi said. Im working on a post that links to those videos too. Eric, Any thoughts on how forum feedback fits into customer development and agile productdevelopment? How dare you! =) November 4, 2008 10:58 PM IMVU said.
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. No departments The Five Whys for Startups (for Harvard Business R.
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?
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