I have condensed this from a recent series of conversation with bootstrapping entrepreneur. I thought it captured many of the key questions that you need to be consider once you are “open for business.” Bootstrapping Entrepreneur: I am just getting started on a new project. I have several advisors and one has suggested that I […]
When Do I Need a Model? I am Bootstrapping Read More »
Learning to explore is a key skill for entrepreneurs. Ask questions you don’t know the answer to–where the answer would have an impact on your ability to assess the risk in your venture or would help you to define a key aspect of your business.
Buying a Map vs. Learning to Explore Read More »
People ask me where to get started. Lately I have been telling them: start where you are and sell what you have. Meet people, help them connect, and explore possibilities. Knit your network now before you need it.
Start Where You Are Read More »
Successful entrepreneurs answer “Why your startup matters?” by pointing to problems solved for customers and jobs created. Profit is a means to creating future value and funding is a means to creating profit.
Why Your Startup Matters Has Little to Do With Funding Read More »
Summary of a very insightful talk on leadership lessons learned by Mr. B.V. Jagadeesh entitled “Lessons Learned Starting, Leading, and Succeeding at Multiple Startups.”
B.V. Jagadeesh on “Startup Leadership Lessons Learned” Read More »
Want a simple way to determine your competition during customer discovery: consider what your prospects would have to give up to buy and use your product or service. The time and money you want prospects to spend on your offering have to come from somewhere: prospects will normally choose to take it from what they
How To Determine Your Competition During Customer Discovery Read More »
George Grellas left a great short essay on leadership in a comment on Hacker News. Writing in response to “Wash the Dishes When Nobody Else Will” This is reposted with his permission (re-formatted from a single block of text).
George Grellas on Leadership Read More »
Here are a couple of rules of thumb you may find helpful in thinking about price, value, and your prospect’s perception of risk.
Price, Value, and Your Prospect’s Perception of Risk Read More »
Startups see fluid opportunities in dynamic environments, but no certainties before opportunities pass or the “situation changes.”
Early Markets Offer Fluid Opportunities Read More »
Tristan Kromer suggests that there are many viable models for a business, all have advantages and drawbacks. Services are easy to start but hard to scale. Despite surface appearance, a software business still inventory of people, key assets in the form of ideas, and a manufacturing process in the form of software release.
Tristan Kromer on Businesses Models Read More »
I will often hear folks say “I think I can get a lot of users, I know that there is a market for this.” I worry because a market requires customers not just users: you can tell who your customer is because they pay for your product or service. When you say to yourself that
Users, Businesses, and Hobbies Read More »
Tips for using a wiki to organize customer interviews for customer discovery and to assess perspectives on their offering after purchase.
We Use a Wiki to Organize Customer Interviews Read More »
Tom Van Vleck has a great collection of software engineering stories on his site. One particularly good article is “Three Questions For Each Bug That You Find” which offers the following key observation: The key idea behind these questions is that every bug is a symptom of an underlying process. You have to treat the
Tom Van Vleck’s “3 Questions” Complement Root Cause Analysis Read More »
From time to time I run into a business card that makes me think. Here’s one that I will model as I update my own cards. Also check out some cool business cards from last year. Back:
Time To Update Your Business Card Read More »
To many of the current incubators seem focused on “on hit wonder” startups designed to be acquired quickly. Apps are the new pop songs and the incubators are the music labels, stoking the star maker machinery.
Stoking the Star Maker Machinery Behind The Popular App Read More »
[Note this post was written in 2011]. The recent troubles at Cisco have prompted a lot of commentary on the Cisco alumni e-mail list. One of the more thoughtful analyses was posted by Larry Lang (@llang629), who spent more than a decade at Cisco in a variety of positions. His last was as VP and
Larry Lang on Managing Incentives Read More »
Failure To Thrive: “We need another two weeks to add this one last feature.” This mindset of hesitation kills more products than any competitor.
This webinar is for SaaS firms faced with an “enterprise sales” challenge by virtue of their minimum price point or number of job boundaries, business processes, or contractual relationships that have to change to create value. The focus is on early revenue. Here is the video from my February 24 webinar with DreamSimplicity on “Early Sales
Video: Early Revenue For Enterprise Web Apps Read More »
A guest post by Edith Harbaugh that offers a number of practical tips and suggestions for managing email conversations with customers.
Managing Email Conversations With Customers Read More »
Always prepare an answer for when a prospect asks you “How do we get started?” Do this before you hear it the first time so you are ready.
Prepare and Rehearse Your Answer to “How Do We Get Started?” Read More »
