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
PM’s are underrated in SiliconValley these days. Without strong PMs you build crappy products that nobody needs or that real people can’t use. Don’t hire a homogenous team. Don’t hire “relationship management” sales people too early. For the wrong reasons. Know the difference.
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. How to raise real money with a Customer Development presentation in the next post. Order Here.
This has shown that the state of hiring within the Canadian tech industry in current cities and emerging cities are growing. Hiring for tech jobs in Vancouver is all done online. or Indeed are used by HR professionals searching to hire within the British Columbia tech industry. Hiring for tech jobs in Calgary has changed.
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?
They couldn’t keep up with the fast productdevelopment times that were enabled by using standard microprocessors. So their management teams were insisting that they OEM (buy from someone else) these products. Hiring a VP of Sales in customer discovery typically sets a startup back.
Market Risk vs. Invention Risk - Click to Enlarge For companies building web-based products, productdevelopment may be difficult, but with enough time and iteration engineering will eventually converge on a solution and ship a functional product - i t’s engineering, not invention. Order Here. Now In Print!
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.
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. Look for some “ skunk works &# project where the productdevelopers are actively seeking alternatives to their own engineering organization. Order Here.
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. And do your customer development.
Talented productdevelopers. When 3M brought “lead users” into its innovation process, they improved revenues by a factor of eight times over innovations from internal productdevelopers. And engaging customers in such ways is generally much less expensive than hiring costly employees or agencies.
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!
The four kinds of work, and how to get them done: The four kinds of work, and how to get them done: Five Whys Where did SiliconValley come from? What is customer development? ScienceDaily: Corporate culture is most important. Using AdWords to assess demand for your new online.
Customer development is a parallel process to productdevelopment, which means that you dont have to give up on your dream. Our goal in productdevelopment is to find the minimum feature set required to get early customers. What is customer development? This is a common mistake.
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.
Id like to call special attention to Kurt Carr s perspective (lets hope he finishes his five-part series): Now that I’m back in Ohio (I was one of the token foreigners in a room full of SiliconValley residents), I have found myself reliving and rethinking much of what I saw there.
Eric, Any thoughts on how forum feedback fits into customer development and agile productdevelopment? Youve probably addressed this in the past, but I continue to be blown away by how fast Blizzard reacts to noise in their forums and rapidly makes fixes to the product. What is customer development?
I have covered a couple of topics in this series, the first being hiring the best people and the second organizing for success based on the attributes of the people you are hiring. and by framing it as a binary choice I am perpetuating the problem in many ways. We should have been able to do both.
The four kinds of work, and how to get them done: The four kinds of work, and how to get them done: Five Whys Where did SiliconValley come from? What is customer development? ScienceDaily: Corporate culture is most important. Using AdWords to assess demand for your new online.
Strategy - startups first encounter this when they have the beginnings of a product, and theyve achieved some amount of product/market fit. The four kinds of work, and how to get them done: The four kinds of work, and how to get them done: Five Whys Where did SiliconValley come from? What is customer development?
The four kinds of work, and how to get them done: The four kinds of work, and how to get them done: Five Whys Where did SiliconValley come from? What is customer development? ScienceDaily: Corporate culture is most important. Using AdWords to assess demand for your new online.
Growth hacking and growth teams are so commonplace today, at least inside SiliconValley, that it’s easy to forget that “growth” (as we know it now) is a relatively new phenomenon. The evolution of the growth function changed this dynamic, mashing together product dev and marketing as integrated functions.
When I reviewed a recent productdevelopment book, it immediately shot up to Amazon sales rank 300. Most publishers are still caught up in an outdated “vision vs. metrics&# argument, which is already obsolete here in SiliconValley. My blog has over 14000 subscribers, for example. Is that a lot? Is that good?
We actually met taking some web development classes in Chicago. I was doing an early-stage startup in Chicago and Betsy was running a physical productdevelopment company in Charlotte that she’d recently sold. Both Betsy and I come from entrepreneurial backgrounds before starting TTS. Nice growth!
To give visibility to these companies to: Sources of funding (angels / VCs), business development partners, mentors who have themselves built successful companies, the press and potential employees to hire. To show these companies that they can remain in LA. The first two years of the program focused on education & mentorship.
One of the things we hear a lot about in SiliconValley is how cheap and easy it is to launch a startup these days. For example, my company decided early on to hire a UI designer, which has helped tremendously with our productdevelopment.
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)? What is customer development? ScienceDaily: Corporate culture is most important.
I plan to apply these models to my own ventures, especially within new contexts separate from software and web development. The problem is that the most authentic innovators and entrepreneurs are in the Valley. I want more than anything to come to SiliconValley after I graduate and join the vibrant ecosystem.
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. This line in your article stood out to me: "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."
Productdevelopment. Queuing theory and productdevelopment. The Essential Product Investigation Phase Gate. So you want to ship the product early? The minimum viable product. SiliconValley melting pot. Metrics for cyclical businesses. Let the Games Begin! Stock buybacks. Bah, humbug.
I believe its important that product teams be cross-functional, no matter what other job function the product champion does. The four kinds of work, and how to get them done: The four kinds of work, and how to get them done: Five Whys Where did SiliconValley come from? What is customer development?
Lessons Learned by Eric Ries Tuesday, November 11, 2008 Where did SiliconValley come from? I think the absolute best reading on this subject is a book called Regional Advantage: Culture and Competition in SiliconValley and Route 128 by AnnaLee Saxenian. And what were they doing beforehand?
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. It was an eye-opening day, and a great crowd to present to.
Using examples drawn from his own experiences in the startup hub of SiliconValley, Eric Ries unravels the myths and misconceptions that guide most startups, and paints a picture of a new way forward for the industry.
Hiring is a chapter unto itself, but it deserves to lead off any discussion of context. Compensation decisions obviously affect hiring and retention. You can’t be too careful in determining comp packages for your new hires. That will keep the SiliconValley wags buzzing for some time to come.
In addition, I’ve noted a few multi-product lending firms, e.g., Kapitus and United Capital Source , which provide RBI as one of many structural options to companies seeking capital. . We have a special program if you are pre-seed and need productdevelopment. Alternative Capital. “ You qualify if you have $5k+ MRR.
The four kinds of work, and how to get them done: The four kinds of work, and how to get them done: Five Whys Where did SiliconValley come from? What is customer development? ScienceDaily: Corporate culture is most important. Using AdWords to assess demand for your new online.
If you don’t yet have a team yet, list the roles you need to hire for. If you don’t yet have a team yet, list the roles you need to hire for. This is the simplest version of your product minus the frills and frosting. You can learn more about the agile development methodology on Version One’s site. The business model.
Heres an excerpt: Philosophy Helps Start-Ups Move Faster - WSJ.com SiliconValley entrepreneurs and venture capitalists often churn out how-to business books and fancy themselves as management gurus, but few see their methodologies adopted. Eric Ries is experiencing something different. Eric Ries is experiencing something different.
His posts are born of tremendous research into the secret history of SiliconValley , and if you haven’t read those essays, you should. Comprehensive means it has to address all aspects of a startups life: marketing and productdevelopment, especially. Let me be clear: Steve is the historian.
Instead, he would take his evident talent to SiliconValley. People in big companies see innovation through the lens of new productdevelopment. Who’s more likely to successfully make that first sale or hire? And, they know that marketing is the critical ingredient that makes it all come together.
The event is being produced in partnership with Charles Hudson, who puts on many of SiliconValleys top events, including the forthcoming Freemium Summit. If you are working on new productdevelopment in any sized company, you are welcome to attend. Im incredibly excited. Im incredibly excited.
Over the last half a century, SiliconValley has grown into the leading technology and innovation cluster for the United States and the world. Wave after wave of hardware, software, biotech and cleantech products have emerged from what has become “ground zero” of entrepreneurial and startup culture. Starting now.
AD: I spent the early part of my career doing investment banking in SiliconValley and healthcare consulting in NY. AD: I once heard someone say, “if you want the best personal development seminar on the planet, start a business” and that is one of the best summaries of what I find so intriguing and fulfilling about being a founder.
This is especially true if you live outside the echo chamber of SiliconValley. This is especially true if you live outside the echo chamber of SiliconValley. Whether youre a US citizen or an immigrant, entrepreneur or investor, founder or employee, theres something you can do. There are four ways to get involved below.
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