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Lessons Learned by Eric Ries Sunday, April 26, 2009 Productdevelopment leverage Leverage has once again become a dirty word in the world of finance, and rightly so. But I want to talk about a different kind of leverage, the kind that you can get in productdevelopment. Its a key lean startup concept.
Traction can simply mean showing that you’re making progress with customers, productdevelopment, channel partners, initial revenue as a proof point, attracting well-known angel investors, winning industry awards / recognition. They tell you they’re going to ship product and they do. They hire key staff.
There are unknowns at every turn, leading productdevelopment, attracting customers, managing cash, and dealing with human resources and office politics. The proactive solution is to hire sparingly, and spend the time and effort needed to hire existing experts in all cases. Strategically timid and haphazard marketing.
There are unknowns at every turn, leading productdevelopment, attracting customers, managing cash, and dealing with human resources and office politics. The proactive solution is to hire sparingly, and spend the time and effort needed to hire existing experts in all cases. Strategically timid and haphazard marketing.
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.
Whether your new software is ‘in the cloud,’ an online download, or distributed on a CD through various direct and indirect distribution channels, the process of localization is still a time consuming, manually intensive, and expensive effort. In addition this person should report, dotted line, to productdevelopment or engineering.
Lessons Learned by Eric Ries Monday, September 22, 2008 Thoughts on scientific productdevelopment I enjoyed reading a post today from Laserlike (Mike Speiser), on Scientific productdevelopment. I agree with the less is more productdevelopment approach, but for a different reason. Now that is fun.
The key contributors to an out-of-control burn rate is 1) hiring a sales force too early, 2) turning on the demand creation activities too early, 3) developing something other than the minimum feature set for first customer ship.
Therefore, if you want to bring an MVP ( Minimum Viable Product ) to market, Werdelin approximates that you’ll need $50,000 to $250,000 , depending on the skill sets of the developers and designers you hire. Werdelin equates building a successful product to building a nightclub. million plus overhead.
’’ Diversity hiring is not about ticking boxes in checklists or having all groups represented whatever the definition might be across different geographies around the world. So, who benefits the most from work from home jobs and diversity hiring programs? Work from home jobs & Hiring Neurodiverse People.
Who should you hire? In a way, you can think of BD as “sales when you don’t know what the product is yet.” It’s basically working with potential outside partners to reach your business goals--which could be revenue, distribution, financing, productdevelopment, awareness, etc. How are you ever going to get it done?
The application of agile development methodologies which dramatically reduce waste and unlock creativity in productdevelopment. 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.
There are unknowns at every turn, leading productdevelopment, attracting customers, managing cash, and dealing with human resources and office politics. The proactive solution is to hire sparingly, and spend the time and effort needed to hire existing experts in all cases. Strategically timid and haphazard marketing.
While some investors will be willing to help you build your team, they will not be willing to invest in your startup if you are not willing to distribute responsibility and bring on diversified expertise. Don’t hire people with skills and qualifications similar to yours. Hiring the right people at the right time is key.
In a startup, both the problem and solution are unknown, and the key to success is building an integrated team that includes productdevelopment in the feedback loop with customers. 2008 09 06 Eric Ries Haas Columbia Customer Development Engineering View SlideShare presentation or Upload your own.
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. Beyond hiring, our actual work process matters, too.
I am convinced one of Joel Spolskys lasting contributions to the field of managing software teams will turn out to be the Joel Test , a checklist of 12 essential practices that you could use to rate the effectiveness of a software productdevelopment team. Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you?
Own the development methodology - in a traditional productdevelopment setup, the VP Engineering or some other full-time manager would be responsible for making sure the engineers wrote adequate specs, interfaced well with QA, and also run the scheduling "trains" for releases. Labels: productdevelopment 15comments: mukund said.
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 gets me into trouble, because it conjures up for some the idea that productdevelopment is simply a rote mechanical exercise of linear optimization. You just constantly test little micro-changes and follow a hill-climbing algorithm to build your product. How to listen to customers, and not just the loud.
Their product definition fluctuates wildly – one month, it’s a dessert topping, the next it’s a floor wax. Their productdevelopment team is hard at work on a next-generation product platform, which is designed to offer a new suite of products – but this effort is months behind schedule.
Its inspired by the classic OODA Loop and is really just a simplified version of that concept, applied specifically to creating a software productdevelopment team. There are three stages: We start with ideas about what our product could be. Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you?
Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you? How to get distribution advantage on the iPhone How to Usability Test your Site for Free The one line split-test, or how to A/B all the tim. How to listen to customers, and not just the loud.
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.
Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you? How to get distribution advantage on the iPhone How to Usability Test your Site for Free The one line split-test, or how to A/B all the tim. How to listen to customers, and not just the loud.
They were interested in the tools and new distribution medium kaChing provided. They were interested in the tools and new distribution medium kaChing provided. Finally, after launch, 30 professional money managers, having read articles on the company, contacted kaChing out of the blue.
Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you? How to get distribution advantage on the iPhone How to Usability Test your Site for Free The one line split-test, or how to A/B all the tim. How to listen to customers, and not just the loud.
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 result is a profound democratization of the digital means of production. The result is a profound democratization of the digital means of production.
In fact, the curse of productdevelopment is that sometimes small things make a huge difference and sometimes huge things make no difference. When we’re optimizing, productdevelopment teams encounter similar situations. I mean, here we are, paying them to be there, and they won’t use the product!
The evolution of the growth function changed this dynamic, mashing together product dev and marketing as integrated functions. About five years ago, we saw the early waves of growth – typically an individual or two (“growth hackers”) who were championing growth within productdevelopment. New platforms as distribution tools.
Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you? How to get distribution advantage on the iPhone How to Usability Test your Site for Free The one line split-test, or how to A/B all the tim. How to listen to customers, and not just the loud.
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. This post has been removed by the author. November 5, 2008 10:13 AM spanky said.
Besides the general focus on customer and productdevelopment, an entrepreneur should foresee the next moves that will serve to guide him on the right path. Nufactur is a marketplace for industrial distribution so it is important to grow both the demand side, the users, and the supply side, the distributors.
There is so much positive feedback on the value of involving customers in productdevelopment, and the use of social media for crowd feedback, at a very low cost, that’s it hard to argue that one person could have more insight alone, and be right more often. New models for “collaborative leadership” in organizations.
Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you? How to get distribution advantage on the iPhone How to Usability Test your Site for Free The one line split-test, or how to A/B all the tim. How to listen to customers, and not just the loud.
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 result is a profound democratization of the digital means of production. [.] The result is a profound democratization of the digital means of production. [.]
How to they use the new distribution channels competitors have adopted? How do they make these transitions without alienating and losing their existing customers, distribution channels and partners? To succeed they realized this isn’t simply coming up with one new product. It meant pivoting an entire company – and its culture.
4- Hiring amazing team. At Cave, our biggest accomplishment this year was hiring impressive new people. We pride ourselves on offering our clients the best marketing services possible, and our most recent hires are a perfect fit for our mission. Thanks to Chenell Tull, Hustle to Startup ! #4- Photo Credit: Justin Kerby.
Continually add new marketing and distribution partners. Some startups hire more people to delay automation, or spend money wildly on new tools for the future. Introduce new products and enhancements every month. Real growth always requires real marketing. Introduce automation consistent with growth rates. Marty Zwilling.
Continually add new marketing and distribution partners. Some startups hire more people to delay automation, or spend money wildly on new tools for the future. Introduce new products and enhancements every month. Real growth always requires real marketing. Introduce automation consistent with growth rates. Marty Zwilling.
Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you? How to get distribution advantage on the iPhone How to Usability Test your Site for Free The one line split-test, or how to A/B all the tim. How to listen to customers, and not just the loud.
Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you? How to get distribution advantage on the iPhone How to Usability Test your Site for Free The one line split-test, or how to A/B all the tim. How to listen to customers, and not just the loud.
So one of the first things we did was to hire an Oracle expert and get to work. Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you? How to get distribution advantage on the iPhone How to Usability Test your Site for Free The one line split-test, or how to A/B all the tim.
For example, my company decided early on to hire a UI designer, which has helped tremendously with our productdevelopment. Then we allocated the saved money into hiring the highest quality developers available — especially those who have experience working with a distributed team.
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