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As our Lean LaunchPad for Life Sciences class winds down, a good number of the 26 teams are trying to figure out whether they should go forward to turn their class project into a business. My customers were 14-year old boys. It was a lifelong lesson that taught me to never start a business where you hate your customers.
My guests on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Eric Ries , entrepreneur and author of the New York Times bestseller, The Lean Startup. Eric was the very first practitioner of my CustomerDevelopment methodology which became the core of the the Lean methodology.
Maybe youd like to start with The lean startup , How to listen to customers , or What does a startup CTO actually do? ) Because of IMVUs reputation, Ive also had the opportunity to serve as an advisor or board member for more than a dozen startups. Ive founded and self-funded a (lean) startup on my own.
Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.
Finding TechnicalCofounders Is Hard. Yesterday, Michael Pope posted an article titled TechnicalCofounders Are a Myth. He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. Tuesday, August 17, 2010.
The Cinepak codec was written by the engineer who would become my cofounder at Rocket Science Games.) It still shocks me that marketing people in general don’t want to talk to customers, at all. I was the Senior Technical Writer for SMac from 1988-1991. There was nothing for the consumer to do.
Thats the essence of so many of the lean startup techniques Ive evangelized: customerdevelopment , the Ideas/Code/Data feedback loop , and the adaptation of agile development to the startup experience. The lean startup focuses on situations where we have both an unknown problem and an unknown solution.
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.
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.&# I was in this situation and we barely escaped.
My contract developers building the app aren’t very responsive. neither you nor your cofounder can code and you’re building a mobile app? As the miles sped by I explained to Dave that he had understood only two of the three parts of what makes a Lean Startup successful. It takes weeks to make even a simple change.”.
They have many, many man-years of development and customerdevelopment in them. Well yeah, you could potentially find a cofounder. I think I might be able to speed things up, especially now that everybody always talks about the book The Lean Startup. There’s a third alternative, and that’s a cofounder.
I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. The question is: how should they be compensated when cofounding a company? equity that belongs to departed cofounders)?
With their confidence in their startup and themselves, their passion for their work and their mission, and their desire not to harm the fragile dynamic within the nascent founding team, cofounders tend to plan for the best that can happen. But such a best-case approach is hazardous.
AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.
Post launch, if you gain traction, is where the business person will help take the load off of the technical folks. The business person can take all the meetings while the technical folks work on making the product better. Ron Oh and another factor to bring reality to the table - Sometimes you find out your cofounders suck.
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