Remove Customer Development Remove Product Development Remove Small Business
article thumbnail

[Review] The Lean Startup

YoungUpstarts

Creators of new products in environments of extreme uncertainty, startups face enormous risks. In the US, about 50% of small businesses fail in the first five years. Through rapid experimentation, short product development cycles, and rigorous measurements of the right metrics, they can ascertain what customers really want.

Lean 193
article thumbnail

Lessons Learned: Validated learning about customers

Startup Lessons Learned

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) In fact, this company hasn’t shipped any new products in months.

Customer 167
Insiders

Sign Up for our Newsletter

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

article thumbnail

Love/Hate Business Plan Competitions

Steve Blank

My two cents is that a business plan is the single place to collect your thinking about about your: business model, distribution channel, demand creation plan, financial assumptions, and customer and product development plan. Your investors may require something quite different.)

article thumbnail

Tesla and Adobe: Why Continuous Deployment May Mean Continuous Customer Disappointment

Steve Blank

In the last few years Agile and “Continuous Deployment” has replaced Waterfall and transformed how companies big and small build products. Agile is a tremendous advance in reducing time, money and wasted product development effort – and in having products better match customer needs.

article thumbnail

What would you want to tell Washington DC about startups?

Startup Lessons Learned

The other areas, which are not necessarily things that matter as much to me but I do believe help the ecosystem: * reform in contract awarding -- right now the government doesn't meet its quota (22% or something like that) for small business work.and almost everything goes to the same group of prime contractors.

DC 90
article thumbnail

Lessons Learned: Sharding for startups

Startup Lessons Learned

interesting post March 20, 2009 5:26 PM Small business web site design said. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? No departments The Five Whys for Startups (for Harvard Business R. nice post April 2, 2009 11:00 PM web design India said.

article thumbnail

The Ultimate Guide to Starting a Software Company

Up and Running

Another great way to test your idea is to create a minimum viable product, or MVP. This is the simplest version of your product minus the frills and frosting. It’s a particularly popular strategy in the world of product development and is used to quickly and quantitatively test a product or a product feature.