Remove Customer Development Remove Differentiation Remove Metrics Remove New York
article thumbnail

Lessons Learned: The three drivers of growth for your business.

Startup Lessons Learned

Master of 500 Hats: Startup Metrics for Pirates (SeedCamp 2008, London) This presentation should be required reading for anyone creating a startup with an online service component. He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

article thumbnail

Lessons Learned: The lean startup

Startup Lessons Learned

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. 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.

Lean 168
Insiders

Sign Up for our Newsletter

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

article thumbnail

Four myths about the Lean Startup

Startup Lessons Learned

What differentiates them is their disciplined approach to determining when to spend money: after the fundamental elements of the business model have been empirically validated. Myth: Lean Startups replace vision with data or customer feedback. Myth: Lean Startups replace vision with data or customer feedback.

Lean 167
article thumbnail

Lessons Learned: Three freemium strategies

Startup Lessons Learned

Here the key is for your free customers to get value from the site that is greater than the costs they perceive by the fact that youre selling access to them. What differentiates this model from "free serves paid" is that the free users dont need to consciously do anything special to be valuable.

article thumbnail

Pivot, don't jump to a new vision

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, June 22, 2009 Pivot, dont jump to a new vision In a lean startup , instead of being organized around traditional functional departments, we use a cross-functional problem team and solution team. Each has its own iterative process: customer development and agile development respectively.

article thumbnail

Lessons Learned: You buy virtual goods

Startup Lessons Learned

Identity value - This is the strongest source of value of all, and its a little tricky to differentiate from the preceding two sources. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? This is the benefit you get from incorporating a product into your self-conception.

article thumbnail

Lean Startup webcast post-game

Startup Lessons Learned

LIKED: Y startups fail, cont deployment vs waterfall vs agile, small batches & learn fr biz metrics #leanstartup As concise a summary as Ive ever seen. We have certain advantages that we are confident will differentiate us, but these may not be apparent if we just released as soon as the basic functionality of our app was ready.

Lean 60