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For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.
I would discover that there was a more effective alternative in building a marketing department than hiring traditional marketers with MBA’s. I chose to hire engineers from within each of our target markets and set up “Steve’s one month MBA course for engineers.” These hires were definitely not your standard marketing types.
Guest post by Lisa Regan, writer for The Lean Startup Conference The Lean Startup Conference is next week--and now that we can step back and see all the speakers and mentors, we have to say: Wow. As the emeritus Chief Technology Officer of the United States, he still connects government and SiliconValley.
Prioritize growth as the primary metric for fundraising: For SiliconValley investors, growth is the most important factor, even more so than the team or past experience. Focus on increasing average talent with each hire and hire slowly: Your early employees should ideally be smarter and slightly more risk-averse than the founders.
I’ve seen the Valley grow from Sunnyvale to Santa Clara to today where it stretches from San Jose to South of Market in San Francisco. I’ve watched the Valley go from Microwave Valley – to Defense Valley – to SiliconValley to Internet Valley. So how did this happen? Where is it going?
Hitting “burnout” changed the trajectory of both ends of my career in SiliconValley. Zilog Zilog was my first SiliconValley company where you could utter the customer’s name in public. Two Jobs at Once When I was hired at Zilog part of the deal was that I could consult for the first six months for my last employer, ESL.
The best and most consistent funds in SiliconValley (e.g. But my conversations in the private corridors on Sand Hill Road in SiliconValley is that many fund sizes will be smaller going forward. You don’t have to hire as many sales people because much can be sold online. Others will, too.
Guest post by Lisa Regan, writer for The Lean Startup Conference. Between webcasts and interviews, we’ve been gradually introducing some of the speakers who are appearing at this year’s Lean Startup Conference. Lean validation. Now we’re ready to announce the full lineup , along with a special deal, explained below.
We hired union laborers to do that. I hired a Director of Product Marketing who in his last company had ran its marketing and then went out into the field and became its national sales director. What’s your advice about hiring sales/marketing folks? (I Steve Blanks 30 years of SiliconValley startup advice.
If you hire a VP of Sales with the idea that they can do customer discovery you violated the first principle of Customer Development – this isn’t a step the can be outsourced to a non-founder. Hiring a VP of Sales in customer discovery typically sets a startup back. Find out Memorex’s position in SiliconValley.
Lessons Learned by Eric Ries Tuesday, November 4, 2008 Principles of Lean Startups, presentation for Maples Investments Image via Wikipedia Steve Blank and I had the opportunity to create a presentation about lean startups for Maples Investments. My path to lean startups began with Kent Beck and extreme programming.
The culture and work ethic of Convergent had earned it the title “the Marine Corps of SiliconValley”. Supercomputers get Personal Back in Sunnyvale my friend had not only been hired but had convinced the team that we should be building hardware – making a new class of computers not a software application. Now In Print!
He tells the story of how he was out of cash, stressed out, nobody in LA or SiliconValley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank.
Today, I want to introduce a new approach to business planning: Lean Planning. Lean Planning replaces lengthy business plans with a 20-minute planning process that focuses on increasing your chances of success in business. Lean Planning is simpler and faster than writing a traditional business plan. Step 1: Create a Lean Plan.
February 17, 2010 1:09 AM Post a Comment Newer Post Older Post Home Subscribe to: Post Comments (Atom) Subscribe via email Blog Archive ► 2010 (48) ► October (3) Case Study: Rapid iteration with hardware The Lean Startup Bundle Stop lying on stage ► September (4) Good enough never is (or is it?) Expo SF (May.
The implications for entrepreneurs is that each of these (market risk versus invention risk,) require radically different financing models, a different type of venture investor, different timing for hiring sales and marketing, etc. Steve Blanks 30 years of SiliconValley startup advice. Am I in a company with “invention risk?
Its easy to take SiliconValley for granted. Ive written a little bit about the origins of SiliconValley because I think its important for us to understand how we got here in order to make sure we preserve what is best about our community. But theres no denying the level of support for entrepreneurs that we enjoy.
You need to hire the right type of sales people for the type of [.] You need to hire the right type of sales people for the type of [.] You need to hire the right type of sales people for the type of [.] Steve Blanks 30 years of SiliconValley startup advice. has changed the positioning of the iPod Touch twice.
Lessons Learned by Eric Ries Wednesday, February 11, 2009 The free software hiring advantage This is one of those startup tips Im a little reluctant to share, because its been such a powerful source of competitive advantage in the companies Ive worked with. This approach gives you an edge in hiring. Instead, engage with the project.
Great related post by John Shook at the Lean Enterprise Institute about technical vs. social sides of problems. The Lean Startup Intensive is tomorrow at Web 2.0. Amazing lean startup resources Is Entrepreneurship a Management Science? Principles of Lean Startups, presentation for Mapl. Expo SF (May.
But here’s what SiliconValley doesn’t get about Hollywood. No matter how much it bothers you, people do like to entertain themselves with a “lean back” experience. Ironically in SiliconValley consumer Internet business have become hits driven businesses. As humans we like story telling.
This theory has become so influential that I have called it one of the three pillars of the lean startup - every bit as important as the changes in technology or the advent of agile development. The Lean Startup Intensive is tomorrow at Web 2.0. Amazing lean startup resources Is Entrepreneurship a Management Science?
Im not offering extensive studies or research to support this conclusion; the evidence from my peers right here in the innovation capital of America, SiliconValley, is absolutely overwhelming. Asked to help, I am confident that SiliconValley and every other innovation center will step up. They are nerds. 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.
If that’s you, by all means hire a VP of Sales with a great rolodex and call on established mainstream companies – and ignore the rest of this post. Reply 4 Anti-Lean Startup Archetypes at Market By Numbers , on August 4, 2009 at 11:30 am Said: [.] Steve Blanks 30 years of SiliconValley startup advice.
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 Everyone else can register to come to both sessions for free, including the Lean Startup talk in the main conference. What does this mean for you?
Lean Business: Capacity Management, Overhead, and Your Business – [link]. Money matters: why women founders struggle in SiliconValley | The Verge – [link]. Lean Business: Capacity Management, Overhead, and Your Business – [link]. What to do when you hire someone better than yourself…. |
Dan: My question is related to all this talk that I hear in the SiliconValley about Internet scale. Trying to figure out how the SiliconValley… again, my last venture was not built here. Then we hired two people and got profitable again in another six months. I was in a 10-year company.
The department had hired a recruiter and was interviewing candidates from other chip companies. Steve Blanks 30 years of SiliconValley startup advice. But Intel was kicking our rear. One day I heard there was an opening in the marketing department for a product marketing manager for the Z-8000 peripheral chips. Now In Print!
Lessons Learned by Eric Ries Sunday, December 7, 2008 The hackers lament One of the thrilling parts of working and writing in SiliconValley is the incredible variety of people Ive had the chance to meet. And we cant hire new engineers any faster, because you cant be interviewing and debugging and fixing all at the same time!
Guest post by Lisa Regan, writer for The Lean Startup Conference. Entrepreneurs beyond SiliconValley, including those working abroad, often have to retool Lean Startup methods to apply them in places with very different business cultures. On September 24 in the U.S. Here’s what they had to say.
(One of the common questions I hear is how to reconcile design and user experience (UX) methods with the Lean Startup. Manuel Rosso was IMVU's first VP of Marketing, and is now CEO of Food on the Table , one of the leading lean startups in Austin. Eric) A lot of people ask me whether design fits into the lean startup process.
Lean and hungry. Its unconventional strategy was to ask Judy Estrin, a young SiliconValley technologist, to join its board. Sinyard hires only employees who love biking and watches to see who does lunchtime group rides to separate the “talkers” from the “riders.” That’s where you start. You can always add later.
Lessons Learned by Eric Ries Thursday, May 14, 2009 The Lean Startup Workshop - now an OReilly Master Class My rate of posting has been much lower lately, and this is mostly due to preparations for the upcoming Lean Startup Workshop on May 29. I have a lot of good news to report on this front. You can click here to learn more.
But if you are a competent engineer, sales executive, online marketer or general manager in SiliconValley, NYC, Boston or other start-up hotspots, the unemployment rate is 0%. CNN recently reported that 40% of the 130,000 job openings in SiliconValley are for software engineers. 2) Hiring Inexperience.
Just like in the world of startups, we can start to use micro-scale pilot programs, executed in lean fashion, to gather real facts for making ROI decisions about new project investment. Most publishers are still caught up in an outdated “vision vs. metrics&# argument, which is already obsolete here in SiliconValley.
December 18, 2008 9:40 AM Post a Comment Newer Post Older Post Home Subscribe to: Post Comments (Atom) Subscribe via email Blog Archive ► 2010 (48) ► October (3) Case Study: Rapid iteration with hardware The Lean Startup Bundle Stop lying on stage ► September (4) Good enough never is (or is it?) Expo SF (May.
Lessons Learned by Eric Ries Tuesday, June 9, 2009 The Lean Startup Tokyo edition I had a blast speaking at Startonomics Tokyo , which was organized to foster ties between the startup cultures in Japan and SiliconValley. The Lean Startup Intensive is tomorrow at Web 2.0. Im watching as EA clings onto the waterfall model.
The Lean Startup Intensive is tomorrow at Web 2.0. ► April (11) Video update on the Startup Visa Act Lean Enterprise Institute webinar, April 28 Four myths about the Lean Startup Sneak preview, KISSmetrics (and more) Sneak preview, Grockit The Lean Startup Intensive at Web 2.0 Expo SF (May.
Lean Startup 101 for Developers – [link]. SiliconValley’s Disruption Deficit Disorder – [link]. Startup Sales – Why Hiring Seasoned Sales Reps May Not Work – [link]. Beware the Nile perch – [link]. Steve Jobs’s Strategy? “Get Rid of the Crappy Stuff&# – [link].
One in particular from a famous VC in SiliconValley. Hire a bunch of new staff? . You’re lean, agile, and responsive to external changes, ready to test a new idea or head in a new direction. Add a spending deadline into the mix and you might as well have set your money on fire. . I turned them down. Pimp out my office?
If I have some budget for outside help, should I hire a vendor to help us drive down our payment fraud rates by 1% (ROI easy to predict), or hire a market research firm to give us insights into potential customers (ROI hard to predict)? The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May. for Harvard Business Revie.
And it hires very smart people from the best schools. BTW, by the standards mentioned in the Times article, the following people would never have been interviewed or hired at Google. Google is looking to hire workers. I love Google. I think its one of the smartest companies out there. And founders don’t apply for jobs.
Beyond just those who will be hearing about the lean startup for the first time, Im expecting to shake a lot of hands and have a lot of interesting side conversations. Much of what makes the USA, and SiliconValley in particular, such a great place to start a company is the result of good government policy. Expo SF (May.
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