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by Steve Owens, Founder and CTO of Finish Line ProductDevelopment Services. The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. This subtle difference has been key to the success of companies like Groupon, Dropbox and Intuit to name a few.
Lessons Learned by Eric Ries Wednesday, December 16, 2009 What is Lean about the Lean Startup? The first step in a lean transformation is learning to tell the difference between value-added activities and waste. I was giving my first-ever webcast on the lean startup. Eric Names matter. Not so with Kent Beck.
Lessons Learned by Eric Ries Monday, August 3, 2009 Minimum Viable Product: a guide One of the most important lean startup techniques is called the minimum viable product. I was delighted to be asked to give a brief talk about the MVP at the inaugural meetup of the lean startup circle here in San Francisco. Thanks Eric.
Lessons Learned by Eric Ries Monday, January 19, 2009 Lean hiring tips In preparing for the strategy series panel this week, I have been doing some thinking about costs. Fundamentally, lean startups do more with less, because they systematically find and eliminate waste that slows down value creation. Another terrific post, Eric.
Lessons Learned by Eric Ries Monday, September 15, 2008 The one line split-test, or how to A/B all the time Split-testing is a core lean startup discipline, and its one of those rare topics that comes up just as often in a technical context as in a business-oriented one when Im talking to startups. Expo SF (May.
So, if youre interested in helping avoid mistakes like that, here are the steps: Get a domain name. It doesnt have to be the worlds catchiest name, just pick something reasonably descriptive. If youre concerned about sullying your eventual brand name, dont use your "really good" name, pick a code name.
Lessons Learned by Eric Ries Thursday, July 2, 2009 How to conduct a Five Whys root cause analysis In the lean startup workshops , we’ve spent a lot of time discussing the technique of Five Whys. My intention is to describe a full working process, similar to what I’ve seen at IMVU and other lean startups. Expo SF (May.
Its had tremendous impact in many areas: continuous deployment , just-in-time scalability , and even search engine marketing , to name a few. I owe it originally to lean manufacturing books like Lean Thinking and Toyota Production System. The Lean Startup Intensive is tomorrow at Web 2.0. Interesting post.
I hope to show why lean and agile techniques actually reduce the negative impacts of technical debt and increase our ability to take advantage of its positive effects. Startups especially can benefit by using technical debt to experiment, invest in process, and increase their productdevelopment leverage.
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. Expo SF (May.
Maybe youd like to start with The lean startup , How to listen to customers , or What does a startup CTO actually do? ) In 2007, BusinessWeek named Ries one of the Best Young Entrepreneurs of Tech and in 2009 he was honored with a TechFellow award in the category of Engineering Leadership. Looking forward for your future posts.
Steve Blank has devoted many years now to trying to answer that question, with a theory he calls Customer Development. 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. Expo SF (May.
Ever since that time, I have struggled to explain how the feedback loop in customer development should interface with the feedback loop in productdevelopment. Notice that the unit of progress changes as we move from waterfall to agile to the lean startup. Anyway, thanks Jim for the great post.
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.
Now, whenever I screen resumes, I ask the recruiter to black out any demographic information from the resume itself: name, age, gender, country of origin. The work product is a more realistic test, although it requires much more work on the part of the candidate. “Who is this guy?&# None of these are impossible.
Lessons Learned by Eric Ries Thursday, July 30, 2009 Techstars brings The Lean Startup to Boulder Im very excited to announce a pair of events that will kick off a very busy fall speaking tour. The event will include a talk from Eric on The Lean Startup over dinner, followed by moderated table discussion and then final Q&A with Eric.
Lessons Learned by Eric Ries Wednesday, April 7, 2010 Learning is better than optimization (the local maximum problem) Lean startups don’t optimize. In fact, the curse of productdevelopment is that sometimes small things make a huge difference and sometimes huge things make no difference. That’s the local maximum.
We would pretty much bid on any phrase that was "[name of competitive product] chat" and variations like that. The Lean Startup Intensive is tomorrow at Web 2.0. Amazing lean startup resources Is Entrepreneurship a Management Science? Thoughts on scientific productdevelopment Lo, my 5 subscribers, who are you?
Imagine you want to store data about customers, each of whom has "last name" field in your database. The problem should be familiar to anyone who plays Scrabble: not all letter are equally likely to be used as the first letter of someones name. Give each entity a name. For example, consider this simple scheme.
It’s easy to overestimate the impact of this kind of traffic because it just feels good to have your name and company featured. The Lean Startup Intensive is tomorrow at Web 2.0. Amazing lean startup resources Is Entrepreneurship a Management Science? It strokes your ego. Expo SF (May. for Harvard Business Revie.
Accept that many successful companies are going to want to be backed by big-name firms in other cities. I did my best to capture video and audio; a YouTube playlist and Slideshare slidecast are below: Slides (with audio): 2009 08 19 The Lean Startup TechStars Edition View more presentations from Eric Ries. Expo SF (May.
This attention is valuable to yet another set of people: namely, the traditional businesses (see above) who are using marketing to grow, and are looking to advertise to new prospects. One clue that you don’t have product/market fit – you’re trying to evaluate your business to see if you have it. Expo SF (May.
These companies would take our computers and put their name on them and resell them to their customers. 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.
Recently, he was bitten by the lean startup bug and has started writing about his experiences attempting to apply lean startup and customer development principles. Ive previously named his post Achieving Flow in a Lean Startup as one of my favorite blog posts of 2009. Expo SF (May.
Many of these companies are started by entrepreneurs, and are now household names: Google, Yahoo, eBay and Intel. Many of these companies are started by entrepreneurs, and are now household names: Google, Yahoo, eBay and Intel. The Lean Startup Intensive is tomorrow at Web 2.0. Startups are the lifeblood of our economy.
Lessons Learned by Eric Ries Wednesday, September 10, 2008 Smarticus — 10 things you could be doing to your code right now Smarticus — 10 things you could be doing to your code right now A great checklist of techniques and tools for making your development more agile, written from a Rail perspective. Expo SF (May.
Even with only a few months of development, third parties have crammed every single category in the store full of apps. All I see is a name, an icon, a price, the developersname, and a review star-rating. The Lean Startup Intensive is tomorrow at Web 2.0. And what distinguishes a good app? I cant really tell.
I lived through the time when working in my first job in Ann Arbor Michigan we had to get out a map to find out that San Jose was not only in Puerto Rico but there was a city with that same name in California. The second thing that’s changed is that we’re now Compressing the ProductDevelopment Cycle.
Stage 3: Productizing the Solution to Corporate Problems. In Stage 3 an Innovation Outpost creates a productdevelopment group to bring to market the solution(s) (a product or service) to the challenge(s) that led to the establishment of the Outpost in the first place. What solution are we productizing ?
This model of joint accountability is at the heart of the lean startup, and is just as applicable to venture-backed, bootstrapped, and enterprise startups. The Lean Startup Intensive is tomorrow at Web 2.0. Amazing lean startup resources Is Entrepreneurship a Management Science? Paul June 6, 2009 8:34 PM Nick Shepheard said.
Here’s an example invitation email for existing customers: Hi [NAME], You’ve been a loyal customer of [COMPANY] for over two years now! We’re in the process of improving our product and are interested in how you use it and what you think we could do better. It could help us shape the future of [COMPANY/PRODUCTNAME].
Step 1: Start with a lean plan. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods. Introducing Lean Planning: How to Plan Less and Grow Faster. How to Write a Traditional Business Plan.
This philosophy comes from The Lean Startup methodology , which relies on testing hypotheses to better understand your customers’ pain points and goals. The Ansoff Matrix , named for its strategist creator Igor Ansoff, can be a helpful tool as you evaluate growth opportunities. Productdevelopment. New channels.
March 26, 2009 12:18 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.
DHL ESSs use an evolutionary lean process that enables team members to improve in all aspects – from cross-functional collaboration and organization, through the development process and enhancement of the DevOps pipeline, e.g. with containerization. Ownership - Participate in the whole sprint process for productdevelopment.
If you read Lean Thinking , you can enjoy numerous examples of companies that replaced multi-million dollar MRP systems with a simple white board. The lean manufacturing guys call this visual control and its very powerful. Simply put, we upload all the tasks and assign a name to each task. 1 comments: Josh Moore said.
The Lean Startup Book is done. If you've been waiting for a comprehensive account of the Lean Startup and how it can help you achieve dramatically better business results, this is it. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched.
The word kanban means “signboard” or “billboard” in Japanese, and it’s a concept most commonly applied to “lean” or “just in time” production. Kanban is a scheduling system for “just in time” production. Scrum: a flexible way to manage productdevelopment. See Also: Want Your Team Engaged?
This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for productdevelopment activities inside the building and neatly integrates customer and agile development.
DHL ESSs use an evolutionary lean process that enables team members to improve in all aspects – from cross-functional collaboration and organization, through the development process and enhancement of the DevOps pipeline, e.g. with containerization. Ownership - Participate in the whole sprint process for productdevelopment.
A strong brand identity starts with a strong company logo and company name , but branding is more than a logo and name. You want people who have different perspectives on the company and should include people from sales, marketing, productdevelopment, engineering, etc.
When I think, of a “disruptor,” the first name that comes to mind is Elon Musk. One of the most important lessons entrepreneurs can learn from Dropbox is to adopt the lean start-up methodology and start. Cryptocurrency is going to really disrupt banking by taking over one of its essential services, namely, secured payments.
If you do have competition, pay special attention to your productname, price range, materials used, what the product claims to do, packaging, and who the manufacturer is. A great way to find potential licensees is to look for products similar to yours and then to look for the name of the manufacturer.
Four months ago, T he Lean Startup debuted at #2 on the New York Times bestseller list. On Monday, I’m taking The Lean Startup across the pond to the UK to launch the first international edition. The Lean Startup is a new approach to business that's being adopted around the world. Now is the time to think Lean.
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