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Startup Lessons Learned
Weshalb Du darüber nachdenken solltest, ein Lean Startup zu machen
Entrepreneurs Club Aschaffenburg, 23.04.2014
Paul Herwarth von Bittenfeld
Seit 2003 Projektleitung und
Geschäftsführung für
Tochtergesellschaften der
//SEIBERT/MEDIA GmbH.
Initiator von Lean Startup Circle
Rhein-Main und Rhein-Main-
Startups.com
Twitter: @pherwarth
LEAN STARTUP
http://www.flickr.com/photos/betsyweber/6719450919/
„„A startup is an organizationA startup is an organization
dedicated to creatingdedicated to creating
something new undersomething new under
conditions ofconditions of extremeextreme
uncertaintyuncertainty.“ - Eric Ries.“ - Eric Ries
http://www.flickr.com/photos/mikebehnken/5007703932/
http://www.flickr.com/photos/myfuturedotcom/6053042920/
Der Build – Measure – Learn-Zyklus
http://practicetrumpstheory.com/wp-content/uploads/2009/12/buildmeasurelearn.jpg
Minimum
Viable
Product
(MVP)
Die Geschichte von
TwentyFeet
TwentyFeet – Check your Track
The exit – bought by SumAll
September 2010:
Launch with Feature
by Robert Scoble
Our startup journey
September 2009:
Ideation
Start of Prototyping
January 2010:
Software-Development
with Team of 5
Autumn 2010:
Payment Feature
March 2011:
Growth Booster
Performance Tweet
July 2013:
Sold to SumAll
July 2012:
Lean Startup Team
Lean Canvas for TwentyFeet
› Painful
aggregation
of data over
different
services
› Easy to use
› One-shop-
stop for
Social Media
Metrics
› One tracking
for all services
› Personal
analytics
dashboard
› Number of
User (later:
Active Users)
› Revenue
› Scrum team
financed by
existing
business
› Social Media
Heavy User
(Twitter,
Facebook, …)
› Small
businesses
› Hosting
› Development
› Freemium
› Micro payments
› Marketing
› Performance
tweet
1 234
5
67
8
1 9
Lessons learned
1. Don't fall in love with your solution
2. Focus on delivering value in the first place
3. Capture the customer value from the beginning
4. Vanity metrics suck
Lessons learned - Don't fall in love with your solution
Image: Ash Maurya
Lessons learned - Focus on delivering value in the first place
https://www.flickr.com/photos/rethwill/8633682506/
Lessons learned - Focus on delivering value in the first place
Problem / Solution fit
Product / Market fit
Scale
Lessons learned - Capture the customer value from the beginning
https://www.flickr.com/photos/eioua/2698500658
Lessons learned - Vanity metrics suck
# of users
revenue
revenue per user
Summary
Lessons learned
› Don't fall in love with your solution
› Focus on delivering value in the first place
› Capture the customer value from the beginning
› Vanity metrics suck
Stay in touch
Find me on:
› Twitter: @pherwarth
› LinkedIn
› XING

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Startup Lessons Learned - Weshalb Du darüber nachdenken solltest, ein *Lean* Startup zu machen

  • 1. Startup Lessons Learned Weshalb Du darüber nachdenken solltest, ein Lean Startup zu machen Entrepreneurs Club Aschaffenburg, 23.04.2014
  • 2. Paul Herwarth von Bittenfeld Seit 2003 Projektleitung und Geschäftsführung für Tochtergesellschaften der //SEIBERT/MEDIA GmbH. Initiator von Lean Startup Circle Rhein-Main und Rhein-Main- Startups.com Twitter: @pherwarth
  • 5. „„A startup is an organizationA startup is an organization dedicated to creatingdedicated to creating something new undersomething new under conditions ofconditions of extremeextreme uncertaintyuncertainty.“ - Eric Ries.“ - Eric Ries http://www.flickr.com/photos/mikebehnken/5007703932/
  • 7. Der Build – Measure – Learn-Zyklus http://practicetrumpstheory.com/wp-content/uploads/2009/12/buildmeasurelearn.jpg
  • 10. TwentyFeet – Check your Track
  • 11. The exit – bought by SumAll
  • 12. September 2010: Launch with Feature by Robert Scoble Our startup journey September 2009: Ideation Start of Prototyping January 2010: Software-Development with Team of 5 Autumn 2010: Payment Feature March 2011: Growth Booster Performance Tweet July 2013: Sold to SumAll July 2012: Lean Startup Team
  • 13. Lean Canvas for TwentyFeet › Painful aggregation of data over different services › Easy to use › One-shop- stop for Social Media Metrics › One tracking for all services › Personal analytics dashboard › Number of User (later: Active Users) › Revenue › Scrum team financed by existing business › Social Media Heavy User (Twitter, Facebook, …) › Small businesses › Hosting › Development › Freemium › Micro payments › Marketing › Performance tweet 1 234 5 67 8 1 9
  • 14. Lessons learned 1. Don't fall in love with your solution 2. Focus on delivering value in the first place 3. Capture the customer value from the beginning 4. Vanity metrics suck
  • 15. Lessons learned - Don't fall in love with your solution Image: Ash Maurya
  • 16. Lessons learned - Focus on delivering value in the first place https://www.flickr.com/photos/rethwill/8633682506/
  • 17. Lessons learned - Focus on delivering value in the first place Problem / Solution fit Product / Market fit Scale
  • 18. Lessons learned - Capture the customer value from the beginning https://www.flickr.com/photos/eioua/2698500658
  • 19. Lessons learned - Vanity metrics suck # of users revenue revenue per user
  • 20. Summary Lessons learned › Don't fall in love with your solution › Focus on delivering value in the first place › Capture the customer value from the beginning › Vanity metrics suck
  • 21. Stay in touch Find me on: › Twitter: @pherwarth › LinkedIn › XING