The thing about startups is that they're in a race. They need to find a way to start bringing in money before they run out of the money they have. This forces them to find ways to operate extremely quickly. They cut all the fat and just focus on what needs to be done. They learn at incredible rates about what will and will not work and use that knowledge to create products that customers will love. As a result, the really good ones are able to beat out larger organizations with many more resources. Imagine if those larger organizations, with so many resources, could operate as lean as a startup?
In this presentation, I share techniques that startups are doing today to be lean and talk about how some of these same principles can be applied within companies of any size.
16. @HackerChick
“We’re a classic MBA 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
44. @HackerChick
Single Biggest Predictor of Failure?
300 startups surveyed (src: Don Sull, "The Upside of Turbulence”)
Sticking to Initial Business Plan
69. @HackerChick
2 week release cycles 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