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I’m a very big proponent of the “leanstartup movement&# as espoused by Steve Blank & Eric Ries. In the late 90′s I saw a dangerous trend creeping into the startup world, which was that companies were suddenly raising huge amounts of money too early in their existence. You have a hunch.
There are very few people in Silicon Valley who have such a precise grasp on what defines success of early-stage startup companies than Eric Ries. Importantly we also discussed: should startups raise small amounts of money or large? when is the right time to go big with PR? how should you organize teams in a startup?
This post was written by Sarah Milstein, co-host of The LeanStartup Conference. We’re looking for speakers for the 2013 LeanStartup Conference. If you’re a LeanStartup veteran, feel free to skim the beginning, as this is mostly stuff you already know. 1) Can you tell me more about your audience?
I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. Matt is one of the most transparent, focused & honest startup guys you’ll meet. To make PR big you need to find a way to “make news”.
In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.
So I thought it’s a good time to share the video where lists are the key learnings from YC on how to start a technical startup: Start with a strong technical co-founding team: You need two to four co-founders with at least 50% engineering background. A few weeks ago Siebel announced that he is stepping down from Y combinator.
In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. dream team entrepreneur startup technical'
This is part of my ongoing posts on Startup Advice. I know that this all seems obvious now with the movements started by Steven Blank ( Four Steps of Epiphany ) with the whole Customer Development processes / LeanStartup movements also popularized by people like Eric Ries. Turn Your Organization Inside Out. It was humbling.
In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.
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. If you’re a startup.
It’s been just over a year since the inaugural Startup Lessons Learned conference , and it’s time to do it again. The LeanStartup movement has made tremendous progress in the past year. Kent Beck himself helped us explain that “quality work” means something different when we’re facing the extreme uncertainty of a startup.
(Maybe youd like to start with The leanstartup , How to listen to customers , or What does a startup CTO actually do? ) He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms.
If these sound like reasonable answers to you, and you are in a startup/small company, update your resume. Most startups put together a corporate mission statement because the CEO remembered seeing one at their last job, or the investors said they needed one. What I was actually hearing was a failure of management.
But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." This theory has become so influential that I have called it one of the three pillars of the leanstartup - every bit as important as the changes in technology or the advent of agile development.
For startups (and other innovators ), that’s a decisive advantage. The work itself, especially in startups, depends primarily on intelligence, communication, creativity and empathy. Their recent article suggests that startups led by women are actually more successful, on average, than those led by men.
Fred Wilson also wrote on a similar topic in his usual more succinct manner , with a great quote being: “One thing I know for sure is that those who advise and invest in startups cannot and should not meddle in the day to day decision making. It’s harmful and hurtful to the startup and those that lead it. ” PR.
You have a million things to get done at your startup, yet you only have a handful of people to do them. What is the Minimum Viable Team, if you will, for a startup? I can break down all the things a startup needs to do into three ideal people. Now we’re down to nine core business functions on a small startup team.
For others it feels like a two-speed economy, where rules apply to hot tech startups that don’t apply elsewhere. Or Salesforce.com who rose to prominence in this same period where they were ramping up PR and shouting from mountain tops when everybody else in the market was mute. If you are interested the Vimeo is here.
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! How to Turn Your Startup Into a Lean, Mean Marketing Machine – [link]. How to Turn Your Startup Into a Lean, Mean Marketing Machine – [link].
In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.
IdeaLab has a philosophy that if they can get a centralized group of expert staff to help with legal, accounting, recruiting, PR, etc. When he tells his stories from the 1990′s your realize that he was probably the original “leanstartup.&# This has been their formula for nearly 15 years. Think YouTube vs. the rest.
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Lean Business: Lessons from A-Rod – [link]. Lean Business: Lessons from A-Rod – [link]. How enterprise startups differ from consumer startups – [link].
Whats striking about these stories, if you get past the PR hype, are two very important themes: These prodigies were self-taught, and had a fundamental fascination with technology from a very young age. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? Expo SF (May. . Expo SF (May.
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! 7 Tips On How Your Small Business Or Startup Can Hire A Good Lawyer And Control Legal Costs – [link]. Three foolproof ways to price your startup’s product – [link].
And so, the concept for a digital PR service was born. Using my existing skills and resources (including an old domain name), I tested a productized digital PR offer. My service startup quickly grew and became a platform to identify new problems we could solve for clients. These days, many agencies start as a lean operation.
Lessons Learned by Eric Ries Wednesday, April 7, 2010 Learning is better than optimization (the local maximum problem) Leanstartups don’t optimize. When people (ok, engineers) who have been trained in this model enter most startups, they quickly get confused. In Google’s case, often in the millions of people.
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! How to Turn Your Startup Into a Lean, Mean Marketing Machine – entm.ag/11mJBHi. How to Turn Your Startup Into a Lean, Mean Marketing Machine – entm.ag/11mJBHi.
It’s been slightly over two years since I attended Startup Weekend in September 2010, which literally changed my world for the better. Startup Weekend provided an absolute cultural shock to me. When I started out after attending Startup Weekend, I was a complete idiot. It’s startup life. Decisions are never perfect.
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Three things Startups and Small Businesses can do to impress and delight customers | Entrepreneur – [link]. Everything there is to know about startup competition – [link].
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Agile UX vs Lean UX, which should you choose? Agile UX vs Lean UX, which should you choose? Here are some of the links that I’ve liked and shared this past week!
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Small Business and Startups: Cultivate Trust and Nurture Loyalty – [link]. Empower Your Small Business: trust & loyalty, marketing insight, lean business – [link].
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Empower Your Small Business – NEW edition: marketing, lean business, paid search, #1 mistake – [link]. Lean Business: Freelancers for ALL My Friends! – [link].
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Good post about the pitfalls of code refactoring for startups – [link]. Good post about the pitfalls of code refactoring for startups – [link]. Half Of U.S.
Slides from “ Leanstartup intro (with no buzzwords) ” by robfitz. Lean gets bogged down in tactics & tools. This presentation is about what are, in my opinion, the big principles behind leanstartup. The typical startup spends little money, focuses on product, and tries to build traction.
As a company with a past history, the company had a massive advantage over a typical startup – it had customers. Normally in a startup you spend an inordinate amount of time and energy in Customer Discovery and Customer Validation. Does anyone know where the registration cards that the customers sent back are?”
These posts and videos are about design, startups, entrepreneurship, small business, leadership, social media, marketing, and more! Are there benefits for a startup to work in “stealth&# mode? 3 Rules for Building Features in a LeanStartup – [link]. micah says not for all – [link]. – [link].
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Small Business and Startups: The Elements of Good Advice – crowdspring.co/1pC51rT. How top startups pay designers | Google Ventures – crowdspring.co/1pv7S5U.
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Empower Your Small Business: trust & loyalty, marketing insight, lean business – [link]. Activity Based Pricing: When Is It The Right Choice for Your Startup?
Lessons Learned by Eric Ries Friday, March 27, 2009 Cash is not king Cash on hand is just one important variable in a startup’s life, but it’s not necessarily the most important. In lean times, it’s most important to focus on cutting costs in ways that speed you up, not slow you down. What counts as an iteration?
We tried to provide a framework for startups to think about what activities should be outsourced and why. What kind of startup outsources everything? Well, you’re right, most don’t, but one example of a startup that does is PlentyOfFish. Also, most startup attorneys will do deferred payment plans.
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! LeanStartup 101 for Developers – [link]. Startup Sales – Why Hiring Seasoned Sales Reps May Not Work – [link]. image credit: papalars.
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Lean Marketing 101: Setting Goals – [link]. Traveling lean: tips for small businesses and entrepreneurs – [link]. Lean Marketing 101: Setting Goals – [link].
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Outstanding post on qualities that Paul Graham (Y Combinator) looks for in startup founders – [link]. Startups: Dealing With The Competition – [link]. – [link].
These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Lean Business Tips: Hiring Contractors for Fun and Profit(ability) – [link]. 8 Startup Founders Reveal Their #1 User Acquisition Tactic | Treehouse - [link].
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