Uploaded byAbby Fichtner
Beyond the Startup: Being Lean in Startups & Beyond
The document discusses key principles for startups, emphasizing the importance of eliminating waste, starting small, deeply understanding customers, continuous learning, and maintaining focus. It highlights the significance of adapting and moving quickly to avoid pitfalls exemplified by failed products. Notable quotes and examples are provided to illustrate these concepts, reinforcing the idea that a successful startup must prioritize customer needs and agile methodologies.
More Related Content
Similar to Beyond the Startup: Being Lean in Startups & Beyond
![Key Resources for a Tech Startup - Guest Talk - BITS Pilani [4 Sep '19]](https://cdn.slidesharecdn.com/ss_thumbnails/ankurkumar-nvcppt-190916140651-thumbnail.jpg?width=640&height=640&fit=bounds)
![Vibe Coding vs. Spec-Driven Development [Free Meetup]](https://cdn.slidesharecdn.com/ss_thumbnails/vibecodingvsspecdrivendevelopment-251209105622-43f455e7-thumbnail.jpg?width=640&height=640&fit=bounds)
Beyond the Startup: Being Lean in Startups & Beyond
- 1. Abby Fichtner @HackerChick Harvard InnovationLab Beyond the Startup Being Lean in Startups & Beyond
- 2. @HackerChick Jeff Bezos,Amazon "If you only do things where you know the answer in advance, your company goes away."
- 3.
- 4. @HackerChick 1. Eliminate Waste WhatWould a Startup Do? 5. FOCUS! 2. Start Small 3. Deeply Understand Customers 4. Always Be Learning 6. Move Fast
- 5.
- 6. @HackerChick muda any activity thatis unproductive or that doesn’t add value today
- 7.
- 8.
- 9.
- 10.
- 11.
- 12.
- 13. @HackerChick * building somethingnobody wants is the worst kind of waste Eliminate Waste*
- 14. @HackerChick MILLIONS of CUSTOMERS $5BILLION ENGINEERING TRIUMPH @HackerChick
- 15. @HackerChick FAIL MILLIONS of CUSTOMERS Oneof the Largest Bankruptcies in US History $5 BILLION ENGINEERING TRIUMPH @HackerChick
- 16. @HackerChick “We’re a classicMBA case study in how NOT to introduce a product. First, we created a marvelous tech. achievement Then, we asked how to make money on it.” Iridium Interim CEO John A. Richardson
- 17.
- 18.
- 19. @HackerChick “Talk is cheap.Show me the code.” - Linus Torvalds MVP
- 20.
- 21.
- 22.
- 23.
- 24.
- 25. @HackerChick@HackerChick Would you likerecommendations for a hotel? Yes No Would you like recommendations for a hotel? Yes No
- 26.
- 27.
- 28.
- 29.
- 30.
- 31.
- 32. @HackerChick GO SMALL (dominate smallmarket) GoBig VISION
- 33.
- 34.
- 35.
- 36.
- 37.
- 38. @HackerChick VC: “There area million cloud storage startups!” Drew: “Do you use any of them?” VC: “No” Drew: “…”
- 39. @HackerChick Know where your targetaudience hangs out & speak to them in an authentic way @drewhouston, Dropbox
- 40.
- 41.
- 42.
- 43. @HackerChick Single Biggest Predictorof Failure? 300 startups surveyed (src: Don Sull, "The Upside of Turbulence”)
- 44. @HackerChick Single Biggest Predictorof Failure? 300 startups surveyed (src: Don Sull, "The Upside of Turbulence”) Sticking to Initial Business Plan
- 45. @HackerChick The unit ofprogress for entrepreneurs is learning
- 46.
- 47.
- 48.
- 49.
- 50.
- 51. @HackerChick What’s Your MostImportant metric?
- 52.
- 53.
- 54.
- 55.
- 56.
- 57.
- 58. @HackerChick OH atLean Startup Circle Meetup
- 59. @HackerChick OH atLean Startup Circle Meetup
- 60.
- 61.
- 62.
- 63.
- 64.
- 65.
- 67. @HackerChick Confidence Service as a “we’ve alreadydone this 9,999 times”
- 68.
- 69. @HackerChick 2 week releasecycles Multiple releases/day Releases were all-day events Releases are non-events Release size: 100’s LOC Release size: < 25 LOC More emergency releases Less fire-fighting @AshMaurya Before After
- 70.
- 71.
- 72.
- 73. @HackerChick 1. Eliminate Waste WhatCan You Do? 5. FOCUS! 2. Start Small 3. Deeply Understand Customers 4. Always Be Learning 6. Move Fast
- 74.