
Inc. magazine is publishing a 12-part series of excerpts from The Startup Owner’s Manual, the new step-by-step “how to” guide for startups. The excerpts, which appeared first at Inc.com, highlight the Customer Development process, best practices, tips and instructions contained in our book. Feedback from my readers suggested you’d appreciate seeing the series posted here, as well. [...]
Faced with disruptive innovation, you can be sure any possibility for innovation dies when a company forms a committee for an “overarching strategy.” —– I was reminded how innovation dies when the email below arrived in my inbox. It was well written, thoughtful and had a clearly articulated sense of purpose. You may have seen [...]
We’ve taught our Lean LaunchPad entrepreneurship class at Stanford, Berkeley, Columbia and the National Science Foundation in 8 week, 10 week and 12 week versions. We decided to find out what was the Minimum Viable Product for our Lean LaunchPad class. Could students get value out of a 5-day version of the class? The Setup [...]
I’m fond of saying that I look for entrepreneurs that have a chip on their shoulder. That they have something to prove. That they’re not afraid to stick their noses up to the establishment. I have always felt this way. It’s something I kind of seek out. I guess my thoughts are that if you’re [...]
I recently spoke at the Blue Glass conference on the topic of marketing. I’ll write up some thoughts in a blog post format soon. I’ve been spending time looking at marketing conversion metrics at portfolio companies lately. We’ve been testing things like: How do Facebook “Likes” perform relative to FB ads that drive you directly [...]
It’s Wednesday late afternoon. I’m aboard Delta flight 1833 from Cincinnati (actually, Northern Kentucky for what it’s worth) to Los Angeles. I had a very enjoyable day in Cincinnati meeting many local entrepreneurs, angels and accelerators. I was here to see one of our LPs (limited partners are the people who invest money in VC [...]
After days of heated debate with your co-founder, you finally settle on the perfect name for your startup. You go to check if the .com is available and, lo and behold, the domain is taken and being parked at Go Daddy. To add insult to injury, Go Daddy won’t even tell you who the seller is unless you fork over $75 for one of their “certified representatives” to fetch the information for you. Sound familiar? Every day, entrepreneurs with new ideas are discovering that the domains they’d like to build business on ... No related posts.
Knowing the audience for your startup is crucial. Great feedback from the wrong audience can take you in the complete wrong direction. Although I originally targeted Easy Unsubscriber as a productivity tool for tech savvy users, I quickly found that it was much more popular with the older, less tech savvy crowd. Indicator #1 was that over 60% of my visitors use Internet Explorer. Indicator #2 was these are the users who actually call you when you put your phone number on the website. Originally, I was planning for ... Other posts you may enjoy:A Weekend Experiment with the Lean Startup – Part 1 The Next Big Thing Want To Get Gamification Right? Build a Community First
We’ve all heard the story: You’ve got a great idea for the next billion dollar company and maybe even some respectable domain expertise to back it up, but you need a prototype built in order to gain traction and attract investors and you have no idea how to code it yourself. Your options are: 1) Find a CTO 2) Learn to code yourself 3) Hire developers to build your prototype Here are the well-known challenges with each: 1) Find a CTO Welcome to the club. Everyone is looking to find a CTO. The supply is scarce and the ... Other posts you may enjoy:Making the Transition From a Business Founder to a Technical Founder A Weekend Experiment with The Lean Startup – Part 2: “We did more of a jumpstep than a pivot” The Lean Adwords Way