Recently I got asked by an entrepreneur whether the definition of an early adopter includes both users and customers or either. Let’s start with some traits of an early adopter first. I highlighted three typical characteristics of an early adopter in my presentation about > Building a successful MVP: Confirms the problem – which means that the […]
via economist.com A very interesting take on the “Silicon Valley” method and the American culture of “failing forward”.
Dharmesh Shah from HubSpot wrote a nice article about the MVCF – the Minimum Viable Co-Founder. I personally also feel that stressing the tough points early on is a very important taks and should not be postponed to later stages. Assume a nice start, a first MVP, good learning best on the MVP, several iterations […]
Top Startup Success Factors Include Some Surprises We can all dream about what it takes to make our startup a success. From recent survey feedback, it seems evident that the urban legends leading to success are wrong. The average entrepreneur is not the one who dumped a promising career, sketched his idea on the back […]
In a recent article, Guyi Shen claims that Lean Startups don’t work in case of a requirement for strong network effects (e.g. Airbnb, Facebook, etc.). The main critique is based on the hypothesis that instead of finding product market fit first and then scale, scaling is needed first and then find product/market fit. Either you […]
Entrepreneurship in general: – So you want to be an entrepreneur? Don’t! – Wrong Reasons: > Money! Get a real job instead … > Power! You are a actually at the bottom … (employees, customer, … are all your bosses) > You’re bored! Keep collecting your paycheck until you figure out what […]
Today, I listened to a video lecture from The Founder Institute called “Hoy Shit, My Idea Sucks” (by Adeo Ressi) related to startup ideation and vision. I found the content very helpful and confirming most of my personal viewpoints on the subject matter. He also bashed Germany for copycatting which I personally found quite funny […]
Please share your Lean Startup Machine Boston experience as part of The Lean Startup Research Project and benefit from a benchmark summary with other participants at http://bit.ly/hXFh5a.
Only a coupled of hours left until the next Lean Startup Machine event starts in Boston (sold out already). With the support of Brant Cooper, Patrick Vlaskovits, Trevor & Josh (LSM orga team), Nathan Furr (BYU), Henrik Berglund (Chalmers), Tor Gronsund (Uni Oslo), Tom Eisenmann (HBS) and many others, I would like to invite you to a brand new […]
#1. Stanford e-Corner videos on Lean Startup by Eric Ries. #2. Vator.tv video on the Lean Startup Methodology by Eric Ries. #3. Lean Startup 101 for developers by Abby Fichtner.