The Lean Startup Conference hosted an amazing webinar today called Beyond Silicon Valley: Applying Lean Startup Around the Globe. Justin Wilcox, Takashi Tsutsumi (aka “The Steve Blank of Japan”), and I shared our experiences helping entrepreneurs worldwide apply Lean Startup principles. Video streaming by Ustream I’d like to share with you the key points I took […]
Setting goals is a distraction based on the illusion that we can achieve quick success by following a predictable plan. Make a long-term commitment to mastering your skills as an entrepreneur instead of setting goals.
Summary: Becoming an entrepreneur takes most people 3 or more startups and about 5 years because entrepreneurship isn’t about any particular idea or product – it is a career change. But unlike most career changes the real lessons are from what we learn about ourselves.
tl;dr – If you live outside of the US I would like to promote to any article you write about writing applying Lean Startup/Customer Development principles in your country or culture. Just fill out the form below and I will link to your post – and possibly mention you in a webinar Eric Ries’s Lean […]
Take active advantage of your landing page as a Customer Development tool by emailing people who sign up. You’ll learn why they are interested in your new product or service.
If an application lives long enough, that is, if it succeeds, its biggest problem will become that of dealing with change. –Sandi Metz, Practical Object-Oriented Design in Ruby I advise entrepreneurs to do both learn how to program, and to hack MVP solutions in the interest of achieving Discovery over product quality. This past weekend […]
Summary: People have many ways of coming up with startup ideas. The most successful for me has been to (1) pick the market I want to serve – then (2) try to find a problem to solve. Not only has this approach made Customer Development more efficient… but serving the customers I want to help makes startup life more fun.
Figuring out what (if anything) or who (if anyone) will pay during Customer Development is very hard. But if you as “What Do You Pay for Now?” and dig deeper into this answer you’ll get a lot of insight into the opportunity.
Grants are not new or sexy but startups get billions of dollars every year from them. But before you blindly fill out an application take the time to build the relationships that will give you the best chance to get funded.
Today’s Entrepreneurs are generalists, and that means having proficiency in many skills including programming. Fortunately most people with limited programming experience can get a lot out having some basic skills. Being a really good programmer is not practical or optimal.
Summary: Along with diet, relationships, and exercise, meditation will make your entrepreneurial journey more rewarding by helping you focus on what matters and mitigating the day-to-day stresses and distractions.
Summary: Programming is becoming a new form of startup literacy – a language you need to effectively communicate with the team. Start learning this lifelong skill today and you’ll get more startup opportunities, will build better products – and you’ll enjoy it a lot more.
If you don’t know what the “Series-A Crunch” is, consider yourself very smart – you don’t spend time reading about the latest investing trends and other drivel from the Startup Entertainment Industry. (Don’t bothering Googling it, you’ll just stumble upon the latest TechCrunch article, and reading TechCrunch will almost certainly make you a worse entrepreneur.) […]
Many entrepreneurs believe the key to an MVP is identifying the right minimal features for the right customers. It turns out this is mostly a fool’s errand because an MVP isn’t about product features – it is about the next phase of Discovery.
Summary: With worldwide explosion of entrepreneurship educational programs and accelerators, more and more of us are mentoring startups. In our eagerness to help, sometimes we can distract entrepreneurs from the most critical issues they need to address. Hence the Mentor’s Oath: Primum non obturba – First, don’t distract.