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Lessons Learned by Eric Ries Sunday, September 7, 2008 CustomerDevelopment Engineering Yesterday, I had the opportunity to guest lecture again in Steve Blank s entrepreneurship class at the Berkeley-Columbia executive MBA program. Its a nice complement on the product engineering side to his customerdevelopment methodology.
“After reading your post on Why Founders Should Know How to Code it looks like web/mobile startups have it easy. Or if you’re building consumer electronics the key activities might be: low cost hardware design, high volume manufacturing, user interface design, consumer branding and retail distribution. CustomerDevelopment'
The cloud , open-source development tools and web 2.0 as a distribution channel have vastly reduced the amount of capital a startup needs at the early stage when the risk is greatest. Filed under: CustomerDevelopment , Lean LaunchPad , Science and Industrial Policy , Venture Capital. Build $10-30M funds.
We’re changing the order in which we teach the business model canvas and customerdevelopment to better-fit therapeutics, diagnostics and medical devices. “CustomerDevelopment” to test the hypotheses outside the building and. We’ve pivoted our Lean LaunchPad / I-Corps curriculum.
For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of CustomerDevelopment , Agile Development and if available, open platforms and open source. The CustomerDevelopment process (and the Lean Startup) is one way to do that.
Lessons Learned by Eric Ries Thursday, September 18, 2008 How to get distribution advantage on the iPhone I have had the opportunity to meet a lot of iPhone-related companies lately. There are other models, in other distribution channels. On Facebook, viral distribution has proved decisive. I havent found any yet. Expo SF (May.
To say he has had an impact on the web would be an understatement. GoTo.com went on to ink huge distribution deals with Microsoft, AOL & Yahoo! He wanted to build direct customer relationships to get product feedback but only 2% of customers would ever return their registration cards. Overture was sold to Yahoo!
The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See CustomerDevelopment Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the CustomerDevelopment process.
Venture Capitalists on your board developed the expertise to get your firm public as soon as possible using whatever it took including hype, spin, expand, and grab market share because the sooner you got your billion dollar market cap, the sooner the VC firm could sell their shares and distribute their profits.
How to Build a Startup (EP245) by Steve Blank: You’ll learn the key steps of the CustomerDevelopment process. How to identify and engage the first customers for your product, and how to gather, evaluate and use their feedback to make your product, marketing and business model far stronger. Become a WebDeveloper from Scratch!
I had the opportunity to pioneer this approach to funnel analysis at IMVU, where it became a core part of our customerdevelopment process. To promote this metrics discipline, we would present the full funnel to our board (and advisers) at the end of every development cycle. Other times, large changes make no difference at all.
Lessons Learned by Eric Ries Tuesday, March 17, 2009 Join the Lean Startup discussion at Web 2.0 Expo for free Im honored to announce that my Lean Startup session at the Web 2.0 Although Im not a developer, I am captivated by the lean and agile start-up model that you write about. The chance to not only be at the Web 2.0
TLDR: Brant Cooper and Patrick Vlaskovits , authors of The Entrepreneur's Guide to CustomerDevelopment are back with a new book called The Lean Entrepreneur. It took the idea of CustomerDevelopment and made it accessible to a whole new audience. Illustrations by FAKEGRIMLOCK. You can pre-order it starting today.
Was it an important or irrelevant fact that most of our web code was procedural and not object-oriented? The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? The Lean Startup Intensive is tomorrow at Web 2.0. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0,
Those rates gave us a map that told us a lot about our customers; insights that proved stable even when the company grew orders of magnitude bigger. Only much later did I realize that this was an application of customerdevelopment to online marketing. Its now a technique I recommend for any web-based startup.
Bill Gross is the man responsible for the overwhelming amount of monetization on the web. They bought distribution and engineering talent. My take was that this follows three trends: a) customer involvement in product design, b) mass customization [e.g. High Profile Deal of the Week: 1. This is “Adsense for Twitter.”
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! The chart above shows age distribution within major social networks and online communities. Bad CustomerDevelopment Questions and How to Avoid My Mistakes – [link].
They were interested in the tools and new distribution medium kaChing provided. They were interested in the tools and new distribution medium kaChing provided. The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May.
The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? The Lean Startup Intensive is tomorrow at Web 2.0. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, Thoughts on scientific product development Lo, my 5 subscribers, who are you? Expo SF (May. .
One is explaining the world as it used to work: the importance of gatekeepers, the scarcity implied by limited distribution, and the resulting quality bar that the industry is so proud of. Mostly it is the time and expense required to create the means of distribution for that industry. It’s just taking some longer than others.
This is still an essential practice, especially on the web. There was a time when "web content" was considered "not code" and therefore not routinely source controlled. The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? The Lean Startup Intensive is tomorrow at Web 2.0.
It is becoming easier and cheaper for companies to bring products to market, leveraging free and open source software , cloud computing, open social data (Facebook, OpenSocial ), and open distribution (AdWords, SEO). Agile software development. Customerdevelopment. The Lean Startup Intensive is tomorrow at Web 2.0.
The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? The Lean Startup Intensive is tomorrow at Web 2.0. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, Thoughts on scientific product development Lo, my 5 subscribers, who are you? Expo SF (May. .
Instead, each potential customer has to go through a self-serve process of signing up and paying money. Because they have no presence in the market, they have to find distribution channels to bring in customers. But in the meantime, by iterating on their product with customers, they have a chance to get there on their own.
The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? The Lean Startup Intensive is tomorrow at Web 2.0. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, Thoughts on scientific product development Lo, my 5 subscribers, who are you? Expo SF (May. .
In management jobs related to operations – that is, the people tasked with actually making and distributing physical products – this kind of thinking is now considered ludicrous, thanks to a century of progress. The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? Expo SF (May.
The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? The Lean Startup Intensive is tomorrow at Web 2.0. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, Thoughts on scientific product development Lo, my 5 subscribers, who are you? Expo SF (May. .
Even the most radical Bell Curve -style thinkers have to concede that even if there are differences between men and women in the distribution of these traits on average, these curve have substantial overlap, and there should still be a lot more of them represented in high-tech startups. The Lean Startup Intensive is tomorrow at Web 2.0.
The cost of creating new companies is falling rapidly, and access to markets, distribution, and information is within the reach of anyone with an Internet connection. The cost of creating new companies is falling rapidly, and access to markets, distribution, and information is within the reach of anyone with an Internet connection.
Startups should take this principle and translate it into user activation and retention: Include logos – startup was featured in TechCrunch, the Next Web, New York Times etc or main clients/partners include Google, Adobe, Nike etc. Distribution Hacks. Yong Fook’s Growth Hacking 101 Slide Deck. Dropbox – Startup Lessons Learned.
The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? The Lean Startup Intensive is tomorrow at Web 2.0. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, Thoughts on scientific product development Lo, my 5 subscribers, who are you? Expo SF (May. .
Lessons Learned by Eric Ries Sunday, January 4, 2009 Sharding for startups The most important aspect of a scalable web architecture is data partitioning. This is true of most web application servers, caches like memcached, and all of the network infrastructure that connects them. what is your company web site or email address?
The cost of creating new companies is falling rapidly, and access to markets, distribution, and information is within the reach of anyone with an internet connection. This is just like a startup to me, complete with distribution and product development challenges, ecosystem design and many, many customers. Expo SF (May.
Lean Start-up SlideShare prez at Web 2.0 This is a good sign for you! :) I subscribed because I was inspired by the O'Reilly video, and feel I want to go deeper into the customerdevelopment field. The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? 9 - Retweeted "2."
It ultimately failed because she was focused on engineering the product, but didn’t validate the rest of her business model (product/market fit, distribution channel, customer acquisition, etc.). Filed under: CustomerDevelopment , SiriusXM Radio Show. Chase that idea, stop hiding, carve out the time you need. …
So we tried to craft a strategy that would give us the product development leverage we needed to serve all customers. We combined three tactics: extensive use of free software, an open platform for user-generated content, and leveraged distribution channels. Leveraged distribution channels. Expo SF (May.
What about companies, like Siebel, that started with partner distribution first? For more on how to figure out which question applies in which context, see Business ecology and the four customer currencies.) It’s the difference between asking “how should we best solve this problem for these customers?&# Expo SF (May.
It’s the kind of thing you can repeat in an elevator, simple to understand , universally applicable , and, most importantly, doesn’t burden your tech team with a lot of customdevelopment. Often times, that comes in the form of analytics, which is what a biz dev partner would want in order to check on the success of the deal.
It worked like a charm since we could create a more interactive experience on the Web. What started out as a generic web-based chat solution morphed into a full-fledged product for a distance education that we called iClass. (We We were a tiny web-conferencing startup in Pittsburgh called iMeet. This time we’d gotten it right.
The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? The Lean Startup Intensive is tomorrow at Web 2.0. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, Thoughts on scientific product development Lo, my 5 subscribers, who are you? Expo SF (May. .
So without further delay: Large Tech Meetups: Web Innovators Group : Quarterly Demo-Style meetup in Cambridge draws over 1000 members of the startup community each time. Lean Startup Circle Boston – Meetup dedicated to the lean startup and customerdevelopment methodology. Entrepreneurial Development Firms.
The goal was to get your firm public as soon as possible using whatever it took including hype, spin, expand, and grab market share – because the sooner you got your billion dollar market cap, the sooner the VC firm could sell their shares and distribute their profits. Rules For the New Bubble: 2011 -2014. Tools in the New Bubble.
I was in New York last week with my class at Columbia University and several events made me realize that the CustomerDevelopment model needs to better describe its fit with web-based businesses. In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers?
The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? The Lean Startup Intensive is tomorrow at Web 2.0. Tell your Startup Visa story Speaking 2010: Webstock, GDC, Web 2.0, Thoughts on scientific product development Lo, my 5 subscribers, who are you? Expo SF (May. .
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