This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
As part of our Lean LaunchPad classes at Stanford, Berkeley, Columbia and for the National Science Foundation, students build a startup in 8 weeks using Business Model Design + CustomerDevelopment. How To Build a Web Startup – The Lean LaunchPad Edition. Craft Your Company Hypotheses (use the Lean LaunchLab ).
At their best, these processes provide detailed plans, checkpoints and milestones for every step in getting a product out the door: sizing markets, estimating sales, developing marketing requirements documents, prioritizing product features. So what’s wrong the product development model?
Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. Whoah…were customers telling us we are a consumer product rather than B-to-B??
Guest post by Lisa Regan, writer for The Lean Startup Conference. As Lean Startup methods have been used now for a number of years, we’ve become increasingly interested in how companies use them to sustain growth. Next Tuesday, October 22 at 10a PT, we’ll take a look at this advanced entrepreneurship question.
Today, I want to introduce you to a new concept for starting and growing successful companies: Lean Planning™. Before I dive too deeply into the Lean Planning methodology, it makes sense to talk about its history and where it comes from. Osterwalder defined a template called a Business Model Canvas, for documenting business models.
500 Hats , January 10, 2010 Developing new startup ideas - Chris Dixon , March 14, 2010 Batch Processing Millions and Millions of Images - Code as Craft , July 9, 2010 jQuery Plugin: Give Your Characters a NobleCount - The Product Guy , March 23, 2010 How do the sample Series Seed financing documents differ from typical Series A financing documents?
The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. So, definition: when I talk about a business plan I’m not talking about a 40-page Word document outlining your market approach. Do so at your peril. They are your map.
AgileFall is an ironic term for program management where you try to be agile and lean, but you keep using waterfall development techniques. We’re helping them convert one of the critical product lines inside an existing division from a traditional waterfall project management process into Lean. All good Lean basics.
PS1- I run a small software startup in Brazil and just found out about CustomerDevelopment and your blog (I’ve been reading and listening to everything I can get my hands on online, like Venturehacks and Ries’ blog). You can get away with effective behavior in a large company.
VCs and Angel investors like to see a startup that is running lean and mean, with no more than three or four of the conventional C-level or VP titles. This is a fancy title for a personnel manager in a large corporation who keeps track of all the hiring and firing, and has a staff to build job descriptions and personnel policy documents.
VCs and Angel investors like to see a startup that is running lean and mean, with no more than three or four of the conventional C-level or VP titles. This is a fancy title for a personnel manager in a large corporation who keeps track of all the hiring and firing, and has a staff to build job descriptions and personnel policy documents.
VCs and angel investors like to see a startup that is running lean and mean, with no more than three or four of the conventional C-level or VP titles. This is a fancy title for a personnel manager in a large corporation who keeps track of all the hiring and firing, and has a staff to build job descriptions and personnel policy documents.
Of all the tactics I have advocated as part of the lean startup , none has provoked as many extreme reactions as continuous deployment , a process that allows companies to release software in minutes instead of days, weeks, or months. It lets the customer and development team spot problems with calculations almost immediately.
These processes reduce risk to an overall organization, but each layer of process reduces the ability to be agile and lean and – most importantly – responsive to new opportunities and threats. Product people are often messy, hate paperwork and prefer to spend their time creating stuff rather than documenting it.
I know that this all seems obvious now with the movements started by Steven Blank ( Four Steps of Epiphany ) with the whole CustomerDevelopment processes / Lean Startup movements also popularized by people like Eric Ries. Customers had requested that we build out a more robust solution than our current product had.
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. The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May. .
Each five whys email is a teaching document. Great related post by John Shook at the Lean Enterprise Institute about technical vs. social sides of problems. 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. .
But according to the theory, this should have been covered by the various specs and documentation we were rigorous about producing. Because the art team was considered an internal customer (and “friendly&# to boot), we didn’t waste a lot of time making the tools easy to use. This led to some pretty bizarre situations.
I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.”. It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups. Here’s how. Build-Measure-Learn.
I now believe that the "pick two" concept is fundamentally flawed, and that lean startups can achieve all three simultaneously: quickly bring high-quality software to market at low cost. Any advise on how the decision to rewrite may change for lean startups? The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May.
Expo Intensive rocked, the mainstream media has started writing about the Lean Startup, and - most of all - the movement continues to grow and evolve. I went to the conference thinking that I was well grounded in the basics of the Lean Startup approach and that attendance would hone the edges of that understanding.
Since there was very little documentation my time was split between the design engineers who built the system and the test and deployment team getting the system ready to go overseas. “And, oh by the way, can you write the manuals for the operators while you’re at it.&#
competitive analyses, channel and customer collateral (white papers, data sheets, product reviews), customer surveys, and market requirements documents. We will accomplish this through demand-creation activities (advertising, PR, tradeshows, seminars, web sites, etc.), on April 10, 2009 at 6:58 am Said: Amazing blog.
VCs and Angel investors like to see a startup that is running lean and mean, with no more than three or four of the conventional C-level or VP titles. This is a fancy title for a personnel manager in a large corporation who keeps track of all the hiring and firing, and has a staff to build job descriptions and personnel policy documents.
That data is completely consonant with the people I know who are successful technologists today, and similar patterns are documented in each recent wave of technology innovation. I documented the lesson plans etc on [link] March 4, 2009 5:25 AM Eric said. The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May. .
In fact, this crisis was at the heart of Steve Blank ’s original impetus to developcustomerdevelopment as an alternative set of milestones to use for startups.) One tweet read, “well, if HBS is investing in the lean startup we know it has jumped the shark.” I also frequently see the reverse.
How about documentation that nobody reads? The Entrepreneur’s Guide to CustomerDevelopment ► June (3) What is a startup? The Lean Startup Intensive is tomorrow at Web 2.0. Amazing lean startup resources Is Entrepreneurship a Management Science? the data on a regular basis. Reports that go unnoticed?
Lessons Learned by Eric Ries Friday, July 3, 2009 Lean Startup fbFund wrap-up Last week I had a real blast meeting with the companies at the fbFund incubator at Palo Alto. The Lean Startup fbFund Edition View more documents from Eric Ries. See Validated learning about customers for more info. Without further ado.
Lessons Learned by Eric Ries Wednesday, April 7, 2010 Learning is better than optimization (the local maximum problem) Lean startups don’t optimize. Instead, we try to accelerate with respect to validated learning about customers. Recall that the biggest source of waste in product development is building something nobody wants.
They take things like unit testing, design documents and code reviews more seriously than any other company Ive even heard about. 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. . Expo SF (May.
In lean times, it’s most important to focus on cutting costs in ways that speed you up, not slow you down. In fact, every single lean transformation documented in books like Lean Thinking took place in the midst of serious external threats. And, of course, theres the Lean Startup session at the upcoming Web 2.0
Four books helped me out a lot over the last few years: Four Steps to the Epiphany by Steve Blank, Running Lean by Ash Maurya, The Four Hour Workweek by Timothy Ferris and Rework by Jason Fried & David Heinemeier Hansson. With our first clients, we needed legal documents again to describe terms and conditions. You’re not alone.
This post describes a solution – the CustomerDevelopment Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development.
This post describes how the traditional product development model distorts startup sales, marketing and business development. Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development.
It made me re-think some of the fundamentals of what we were doing and make a few more user/customer meetings on one of our next releases. We did need the full written document for the PPM for our investors, early on. bplan document is just that. Funny, but with their feedback, we changed several parts of the product.
Today, the second half of the Stanford Engineering Lean LaunchPad Class gave their final presentations. This team spoke face-to-face with 326 customers. As often happens, this team came into class convinced that their market research proved that their business was providing credit to underbanked customers. They taught us a lot.
We owe a lot to this seminal document. When it becomes possible to build products "live" with customers, the cycle time changes and design becomes a much more dynamic process. Lean methods present a third option: to invest in our process so that our design gets more feedback sooner and is more adaptable to changes in purpose.
What you’re holding in your hand is a revolutionary document. The idea of exploitation versus exploration was central in my own work in building the lean methodology for start-ups. Today, lean is the de facto method for building new start-ups. Their book Lead and Disrupt describes how others can learn how to do so.
One of the confusing things to entrepreneurs, investors and educators is the relationship between customerdevelopment and business model design and business planning and execution. When does a new venture focus on customerdevelopment and business models ? And when do business planning and execution come into play?
These days, many agencies start as a lean operation. Inversely, if you’re using the agency model to fund another startup or product, you should probably keep things lean. Because we wanted to document every aspect of the process before partnering with new freelance writers. Why—or why not—pivot your agency service offering?
A Lean Startup methodology offers entrepreneurs a framework to focus on what’s important: Business Model Discovery. Teams use the Lean Startup toolkit: the Business Model Canvas + CustomerDevelopment process + Agile Engineering. Over 10 weeks each team gets out and talks to 100 customers. Those days are over.
When youve mastered that, consider adding operations, customer service, marketing, product management, business development - the idea is that when the team needs to get approval or support from another department, they already have an "insider" who can make it happen. The Lean Startup Intensive is tomorrow at Web 2.0.
Lean Methodology consists of three tools designed for entrepreneurs building new ventures: The Business Model Canvas – to write down all the hypotheses about a new business; CustomerDevelopment – a process for testing those hypotheses outside the building; Agile Engineering – to rapidly build minimal viable products to test product/market fit.
In this post, I want to share some new thoughts that build on Steve’s post, and connect them to Lean Startup methods. Launched by Robert Adams in 1989, this $30 million fund grew to over $200 million in the next 7 years, as it launched companies like Documentum and Document Sciences out of Xerox’s fabled Palo Alto Research Center.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content