Lean start up
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Lean start up

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  • High burn rateGo for GoldFull management team
  • Planning is everything, the plan is nothing
  • Common Sense is Over-Rated – subjective and based on what was, not what will beReality can be painful – get out of stealth mode fast and drop any delusionsNeed to out-learn, not out-executeWhats the Problem we’re trying to solve?Test Customer Hypothesis - Fail Safe, Fail Fast . Every defect is a treasure – not true – info theory – 50% failure rate optimises learningMeasure, don’t guess – no black artChurchill – “However beautiful the strategy, you should occasionally look at the results”`Another thing is to keep it simple……KISS - Minimum Viable Product (SMS, Google, Twitter)Few customers is a gift…prove concept in microscale – don’t launch too early. Make mistakes quietlyJust in Time vs. Just In CaseLean doesn’t mean cheap – it means fast.Time IS Money

Lean start up   Lean start up Presentation Transcript

  • Colm O’hEocha
    AgileInnovation
    colm@agileinnovation.eu
    LEAN STARTUP
    Low Burn By Design,
    Not Crisis
  • This material is Copyright Protected under the following Creative Commons License:
    Attribution-ShareAlike 3.0
    Please use this material freely and derive further work from it.
    BUT, attribution must be given to the original author, and these same rights must govern all derived works.
    Please use the following attribution:
    “Colm O’hEocha, AgileInnovation Ltd. 2010: www.agileinnovation.eu”
  • Build it and they will come
    • High burn rate
    • Right First Time
    • Full management team
    Assumes
    • Customer is known
    • Problem is understood
    • Features are known
  • FIRST, THEN
    LEARN
    EXECUTE
    AND ITERATE
  • From Hypotheses to Facts
  • Tight Focus
    Change one thing at a time
    Customer Feedback
    Co-Learning & Development with Customers
    Fast Feedback
    Agile/Lean Development
    Invest in Speed
    Automated Technical Tests
    Continuous Integration
    Hourly Releases
    Low Cost Prototyping
  • The Infallible,
    Visionary
    Entrepreneur
  • Out-Learn the Competition
    NO REVENUE
    NO SCALE
    €O$T
  • Make sure you’re developing RIGHT thing
    Before you develop it RIGHT
    Colm O’hEocha – AgileInnovation
    Colm@agileinnovation.eu
  • This material is Copyright Protected under the following Creative Commons License:
    Attribution-ShareAlike 3.0
    Please use this material freely and derive further work from it.
    BUT, attribution must be given to the original author, and these same rights must govern all derived works.
    Please use the following attribution:
    “Colm O’hEocha, AgileInnovation Ltd. 2010: www.agileinnovation.eu”