The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses Hardcover – September 13, 2011

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The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses Hardcover – September 13, 2011

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Discussion and Reviews on Reddit

What are some ways I can get started on my business idea? [R]

3 months, 1 week agoBooleanColor posted submission on Entrepreneur.
June 10, 2019

I have an awesome business idea that has been approved by many of my colleagues at work, school, family and friends. However, being a college student means that I unfortunately do not have the means for funding this business and will more than likely have to reach out to potential investors. I wanted to know if you guys can perhaps share a bit of insight with me on some potential ideas to get my idea on the move. How can I ensure that potential investors can't just take my idea and disappear or rebrand it under their name ? Perhaps it might come off as obvious but as young business minded individual I've always wanted to pave my way onto the road of entrepreneurship and getting started is always the hardest part, I could be young but that's a lesson life's taught me early haha.

Anyways, thanks in advanced for reading and providing your thoughts.

3 months, 1 week agoBooleanColor posted comment on Entrepreneur.
June 10, 2019

The best way to get started is well, to get started. Follow the ‘Lean Startup Methodology’ and test the hypothesis about your business. Learn what works and what doesn’t and perfect your idea.

Following the principles stated in The Lean Startup (I strongly suggest you to read the book if you haven’t already) you will be able to build a business around your idea avoiding many of the failures that plague most of the startups.

Testing if your product/service has a real market should be your first step.

Good luck fellow Entrepreneur!

[serio] Sus consejos para establecer mi startup [R]

3 months, 1 week agotapicer posted submission on argentina.
June 5, 2019

Hola redditurros!
Estoy en pleno proceso de desarrollo de una app que planeo lanzar en mi ciudad- General Pico, La pampa (si, tenemos wifi)- y me gustaría saber si alguno de ustedes fundó una startup y que consejos me podrían dar, sobre todo respecto al proceso de inscripcion en AFIP y todo ese bardo burocrático.
Datos:

-Por ahora soy el unico programador de la app, y por un buen tiempo va a seguir asi hasta que me expanda por mas ciudades.
-Me aprobaron el proyecto en una incubadora (INCUBATEC), asi que de alquiler y servicios no pago nada los primeros 6 meses (desde julio hasta enero) y luego es un costo minimo (menos de 100 pesos)
-Estoy desarrollando con un stack basado en Python.
-Por ahora no tengo nada inscripto en AFIP

3 months, 1 week agotapicer posted comment on argentina.
June 6, 2019

La mayoría de las startups se funden sin generar ganancia (agotando todo el capital inicial), la forma de evitar eso es darte cuenta lo antes posible de si tenés un mercado real o si lo estás suponiendo. No consumas un año de tu vida (o más) intentando ver si una idea funciona. Un "estudio de mercado" no es suficiente, tenés que probar la validez de tu idea EN EL MERCADO REAL lo antes posible con la menor cantidad de recursos posibles, para decidir si seguir adelante o no, o hacer un cambio de modelo (pivot).

Todo eso no lo inventé yo, es como se desarrollan la mayoría de las startups "inteligentes" hoy en día y las ideas vienen de Lean Startup (http://theleanstartup.com/, https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898), te recomiendo conseguir y leer bien el libro antes de gastar guita. Para la mayoría de las ideas podés probar la "viabilidad" en muy poco tiempo con muy poca plata. El libro es viejo, pero aún vigente. Si no querés leer todo el libro leete los primeros capítulos y los otros por encima, pero te recomiendo aplicarlo antes de programar siquiera 1 línea de código, porque si no vas a fundirte con un 99% de probabilidad. No lo digo por pesimista, si no por realista. Uno confía mucho en sus propias ideas, pero hasta que salís a probarlas no te das cuenta si van a funcionar o si es tu apego a tu creación.

Seriously, how the **** do my competitors do it? [R]

5 months agorafaelspecta posted submission on startups.
April 19, 2019

So I just soft-launched my MVP/beta very very recently, and I've been sending out some cold emails, hoping to get my prospects on a call/demo or to sign up for a free trial (as suggested by people like Paul Graham and Patrick Mckenzie, do things that don't scale, bla bla bla).

Well... No one bit. My open rate was decent (30%), click-through rate wasn't good, and then I got a bunch of inactive signups. Followed up with those to see if I can talk to them and learn, nada.

Whenever I go on forums where my potential customers hang out, and I see them discussing (in fact, praising) my competitors, I'm puzzled. They're customers of my competitors, and they're happy to pay them multiples of what I'm charging.

I signed up for a couple of my competitors' free trials just to snoop around, and I don't think my product is any way inferior. In some cases, I'd argue my product is better in certain respects. Yet they're successfully selling to customers, and I'm not.

So what gives? And what's the next step?

Edit: As always, my biggest fear is that the market doesn't exist, or the pain point is just not huge enough, or that software just isn't the solution to this pain point. I'm not willing to pivot this early yet. I want to give it a solid go first.

4 months, 4 weeks agorafaelspecta posted comment on startups.
April 19, 2019

Exactly. That is the idea.

Problem Fit => Solution Fit => Product Fit => Market Fit Each step teaches us very important details and you engage your early-adopters in the process. When you have the actual product you already have customers, and sometimes paying customers.

And there are books around this that EVERYONE SHOULD READ.

"The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses" (Eric Reis) - 2011 https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898/

"Running Lean: Iterate from Plan A to a Plan That Works" (Ash Maurya) - 2010 https://www.amazon.com/Running-Lean-Iterate-Plan-Works/dp/1449305172

"Sprint: How to Solve Big Problems and Test New Ideas in Just Five Days" (Jake Knapp - Google Ventures) - 2016 https://www.amazon.com/Sprint-Solve-Problems-Test-Ideas/dp/150112174X/ref=sr_1_1?qid=1550802301&s=gateway&sr=8-1

Any book recommendations for starting your own business? [R]

5 months agorafaelspecta posted submission on smallbusiness.
April 18, 2019

I would like to open a bakery in the next few years, so anything relating that field would be incredibly helpful.

5 months agorafaelspecta posted comment on smallbusiness.
April 18, 2019

If you are going for a internet business or any product-oriented business here a are the best books

BEST ONES

"The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses" (Eric Reis) - 2011

https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898/

"Running Lean: Iterate from Plan A to a Plan That Works" (Ash Maurya) - 2010

https://www.amazon.com/Running-Lean-Iterate-Plan-Works/dp/1449305172

"Sprint: How to Solve Big Problems and Test New Ideas in Just Five Days" (Jake Knapp - Google Ventures) - 2016

https://www.amazon.com/Sprint-Solve-Problems-Test-Ideas/dp/150112174X/ref=sr_1_1?qid=1550802301&s=gateway&sr=8-1

ALSO GO FOR (these are the ones that started organizing the Startup world)

"The Four Steps to the Epiphany" (Steve Blank) - 2005

https://www.amazon.com/gp/product/0989200507/

"Business Model Generation" (Alexander Osterwalder) - 2008

https://www.amazon.com/Business-Model-Generation-Visionaries-Challengers/dp/0470876417/

How to start a startup? [R]

5 months, 2 weeks agoKarpuz12 posted submission on startups.
April 5, 2019

I have an idea for an app/service that I would like to develop into a startup. However, I have absolutely no experience in this realm. I’m interested in learning a few things:

1) How can I even determine if this is a viable idea? I have done some initial research and have not found any other companies/services like mine.

2) If I am able to determine that the idea is viable, what would the next steps be? I know I would need a formal business plan, but have never written one myself, nor would even know what needs to be in it.

3) How would I connect with possible investors? I definitely don’t have the means to fund this on my own, and would likely need at least a small team to bring this idea to life.

Thanks to anyone who takes the time to read this, and double thanks to anyone who offers up any guidance. I truly believe in this idea and really want to see it come to fruition. I just don’t have the means or know how yet to move past where I’m at now.

5 months, 1 week agoKarpuz12 posted comment on startups.
April 5, 2019

This should help you with number 1

Book: The lean startup

Top 5 best books I read to improve my career [R]

10 months, 2 weeks agowarriv93 posted submission on Entrepreneur.
Oct. 31, 2018

The Lean Startup - Eric Ries

Fantastic read for anyone who wants to build a product or a business. It features an elaborate story about launching a product with a focus on software development strategies etc. good and bad decisions are discussed.

An innovation oriented reward strategy is suggested for developers and companies to implement. (Instead of being based on revenue)

https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

Homo Deus: A brief history of tomorrow

Read about the fascinating future, you are taken on a journey into the depths of how history has made a huge impact on our lifes today. Then the future of cyborgs and AI.

https://www.amazon.com/Homo-Deus-Brief-History-Tomorrow/dp/0062464345/ref=tmm_pap_swatch_0?_encoding=UTF8&qid=1538977320&sr=1-4

An Open Heart: Practicing Compassion in Everyday Life - The Dalai Lama and Nicholas Vreeland

A book about gratitude, authenticity and being humble towards others. To understand empathy in this day and age is a virtue.

https://www.amazon.co.uk/dp/0340794313/ref=cm_sw_r_cp_api_nYntBbDT30K1Z

How to win friends and influence people - Dale Carnegie

A must read to learn how to interact with other people and get your ideas through to them.

https://www.amazon.com/How-Win-Friends-Influence-People/dp/0671027034

Rich dad poor dad - Robert T. Kiyosaki

The Fundamentals of managing money, the contents of this book everyone should have learned in school in my opinion. if you are taught that money is evil read it. Money is energy like everything else but created in our society to be a currency as a means of trading. Eyeopening for anyone who is not a major in finance.

https://www.amazon.com/Rich-Dad-Poor-Teach-Middle/dp/1612680194/ref=sr_1_fkmr0_1?s=books&ie=UTF8&qid=1538977170&sr=1-1-fkmr0&keywords=rich+dad+poor+dad+-+kawasaki

Let me know what books changed your careers!

Building MVP. The Lean Startup Way [R]

11 months, 1 week agointertubeluber posted submission on startups.
Oct. 11, 2018

When you establish your own startup the important thing you need to understand as soon as possible that there is no some kind of a ready-to-use business plan you can utilize. Startups try to create innovative products and discover new markets. On one hand, it might give you some freedom due to lack of competition when you create something unique, but from another hand, you get in the atmosphere of extreme uncertainty.

Because startups often accidentally build something nobody wants, it doesn’t matter much if they do it on time and budget. The only thing that matters is how fast a startup learns and makes strategical pivots in order to achieve the product-market fit point:

  • Groupon was started as a social network for activists
  • Instagram originally was called “Burbn” – an extremely overcomplicated location-based iOS application for check-ins
  • Youtube was a video dating site from the beginning

Surprising, huh?

MVP goes from “Minimum Viable Product” and the key word here is MINIMUM. Many entrepreneurs forget about this particular word or feel ashamed of releasing simple non-stable versions of their product. Successful entrepreneurs consider MVP app development as an entry to their learning lifecycle and try to launch their products as soon as possible.

Determine Leap of Faith Assumptions

Before building a new feature or a product ask yourself 3 simple questions:

  • Do your target audience recognize that they have the problem you are trying to solve?
  • If there a solution, would they buy it?
  • Would they buy it from you, but not from someone else?

While answering these questions you will create a list of assumptions (because nobody can be 100% sure about that).

Everything you can do is to run experiments and learn from your target audience.

After that, define the leap of faith assumptions. It is pretty easy to recognize them: if your leap of faith assumptions fail, the overall product idea seems not to be working.

Congratulations! Now, you know the goal of your MVP: to check your leap of faith assumptions in the quickest possible way.

Assume Your Growth Engine

Growth Engine is another kind of assumptions that define how your product will attract new users. You can make product growth assumptions based on the following Growth Engine types:

  • Viral. A good example here is Facebook or any other social network. Their growth engine is based on the assumption that existing users will bring new users as a side effect of product usage.
  • Paid. One of the most popular ways to attract new users. Super Bowl commercials, Google Ads or any other advertising is a part of Paid Engine growth strategy.
  • Sticky. SaaS subscriptions, magazines, and web hosting are all examples of this engine. Sticky Engine assumes repetitive purchases, so in order to grow your product may not require new users, but needs the existing users to continue using it.

Of course, due to startup uniqueness, you can find your own Growth Engine.

The only advice here is to focus on only one Growth Engine assumption in your MVP and test it as soon as possible.

Set Up Metrics Tracking

Let’s assume that your happy day has come. You launched your MVP and what’s next? How successful your MVP is? What should you do to attract more users? How many people use feature A and how many use feature B?

The truth is that I have never seen in my life an MVP launch that got successful right away. Almost all MVPs get pretty pessimistic numbers in the beginning, but experienced entrepreneurs do not fall into despair. They learn from user behavior data and steer their product strategy in the right direction.

Visitors/sessions/pageviews number and other metrics provided by Google Analytics out-of-the-box are nice to have, but they don’t give you any actionable insights. What you need to define is your actionable metrics.

First of all, analyze your leap of faith assumptions and define the useful effect of your MVP. This can be represented as a chain of actions that you assume your users should do in order to get value from the product. Then, set up Google Analytics Goals and Conversion Funnel based on your vision. After the MVP launch you will be able to see:

  • If your users agree with you on what the useful effect of your product is
  • At what step of the conversion funnel you lose how many users

Such data will allow you to make new assumptions on how you can improve your initial numbers.

Analyze your Growth Engine assumption and define what to track

For the examples of Growth Engines above you need to track the following data:

Viral Engine

  • Viral Coefficient. It is the number of new users an existing user generates. If it more than 1, it means that your product is growing naturally. If it less than 1, you need to put all your efforts to increase this number.

Sticky Engine

  • Customer Acquisition Rate. Defines how many users start using your product.
  • Customer Churn Rate. How many users discontinue using your product.

Your product is growing if the Churn Rate is less than Acquisition Rate.

Paid Engine

  • Customer Lifetime Value – how much an average user acquisition brings.
  • Cost Per Acquisition – how much it costs to acquire a new user.

Your product grows if Customer Lifetime Value is more than Cost Per Acquisition

Thus, it usually requires additional efforts to define and set up appropriate metrics tracking in an MVP. Feel free to cut the functionality during your MVP app development as much as possible, but metrics gathering should be there 100%.

Find Early Adopters

If you are about to build an MVP, that means that you have a solution for a certain problem and there are many people out there having that problem. Find those, who are struggling with it. Speak to them and describe your solution, get a feedback before actual implementation.

After your MVP development is completed, share it with the early adopters. The thing is that a massive market user is pretty picky. If they don’t like your product they won’t use it – simple as it is. Early adopters are the opposite: they will provide you a feedback. They are interested in improving your product. They will spread the word about it among their friends.

Be Smart

For you, as an entrepreneur, it is even more important to get a feedback on your assumptions rather than provide a solution based on them to your users. There is a number of tricks that allow you to do that without actual MVP development.

Concierge MVP

Zappos, acquired by Amazon for $1.2 billion in 2009, was started as a concierge MVP. Nick Swinmurn had an assumption that people would buy shoes online and decided to test it in a pretty simple way. He went to one of closest shoe stores and made photos of shoes there. Then, he created a very simple website with just photos of those shoes and prices.

As soon as he got the first order, he went to the store, bought the shoes for his own money and shipped them to the customer. He was operating this way for some time in order to speak to his customers and learn from them. After 5 years Zappos had annual sales of more than $1 billion.

Concierge MVP seems to be a horrible idea from the classic business perspective: no automation, it doesn’t scale and etc. But it allows learning from your target audience quickly w/o additional investments into infrastructure, which is more important in the startup world.

Video MVP

Can you imagine how hard and pricy it was to build something like Dropbox? It was one of the pioneers in cloud data storage supporting different operating systems. Even a simple MVP to showcase Dropbox could cost insane money, so the Dropbox founders decided to start from a simple video that shows how the product works.

The trick here is that they didn’t have the product working at that time – just a prototype. But they managed to record that video and create a landing page in order to get a feedback before actual implementation. The result was overwhelming: 75 000 people joined their waiting list overnight.

What can be a better proof of interest?

Community MVP

It is closely connected with Find Early Adopters. The idea behind this is to create online communities in Telegram, Slack, Facebook and gather there the people who are struggling with the problem you are trying to solve. Talk to them, share your assumptions and collect a feedback.

This approach is pretty popular in the crypto space these days: every ICO tries to create a community around that can provide a feedback, participate in beta testing and crowdfund further development of their product.

Summary

MVP is always a guess. The faster you present it to people, the less time and resources you spend to get into the learning lifecycle. Any additional work beyond what is required to start learning is a waste.

Observe users’ behavior, speak to early adopters and make data-driven decisions to achieve the product-market fit point. Good luck!

11 months, 1 week agointertubeluber posted comment on startups.
Oct. 11, 2018

This post is a succinct but uncredited summary of The lean Start-up by Eric Ries:

https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

Need help with a topic / idea for a new digital project [R]

1 year agoSept. 14, 2018

[deleted]

1 year agoJ19Z7 posted comment on productivity.
Sept. 14, 2018
  1. Stop what you're doing.
  2. Read this: The Lean Startup, by Eric Ries

Edit: Oops, didn't mean to post yet. I meant to say once you come up with the idea you want to go for, stop and read the book. I'm an agile development enthusiast and absolutely loved that book. The techniques there are specifically for the kind of situation you're in where you're not quite sure about the idea. Make learning your success metric.

My conclusion of the Tevo Flash 3D printer - I don't recommend this machine to this reddit community [R]

1 year agoswizzler posted submission on tevotarantula.
Sept. 13, 2018

This is not a review. This is going to be very bias as well as I've supported Tevo for a while as well as witnessed their shenanigans.

Lets start with the beginning. The Flash pops up on Ali express. Sweet. I get it. Well, turns out it was a presale. It was not mentioned on the page, but whatever. I would have bought it anyways. I don't really need this machine but whatever, I do the subs. So time gos by and I ask Tevo when it will ship. I think they said the 24th. Okay cool. It finally ships...the 15th. Well, it did not actually ship. They just said it did. It shipped the 24th. But this triggered my Aliexpress protection window as aliexpress got a shipping notification. And seeing as how this company doesn't like to send parts, I don't think I could count on them to send me a machine if shit got lost of fubared. The chinese do like to play package football in their sorting centers.

So I get the machine. My first opinion. Not bad. Some very smart moves were made. However the LCD starts geeking out immediately. I don't know if this is the classic LCD interference issue reborn on a new LCD or if its bunk. I get this...https://ibb.co/cVhLQe , I send a msg to Tevo support. In this time I got in a loop of being told to "take a video of the problem" in which I did only for my ticket to be ended. Well upon the initial msg I went to them with a new problem. The bed went apeshit. Here is my octoprint graph history and thermal gun reading.
https://ibb.co/cYrxO9https://ibb.co/msCU39 - observe the blue line

The insulator had also swelled up below the bed and was gassing off an odor. In my loop of msgs I was not told what to do about this but told them I would like a new LCD and reassurance of parts whenever I inspect the damage for the problem. Well... that thermistor is good, connections good on both ends so im not entirely sure. I have wondered if its geeking out occasionally and the max_temp limit interval should just be lower because being AC power could allow it to run away like so. I dont know. Don't think I care. If I do anything with this machine the AC bed has to go...screw the convenience.

I'm pretty die hard about safety on 3d printers. I did a post on it. I've been through two house fires. I've had the shit shocked out of me many times. Shit just happens.... we are human. This practice should not even start. I will say that removing the thermistor which appears to be melted into the rubber pad, surrounded by a pad was rather difficult. And based on the history of Chinesesium printers this is a step in the right direction...only by the current trend. However it has no strain relief. And what if a wire breaks? Always assume it will. I don't feel comfortable with the combination of wires in those sleeves having no protection. This shit can kill you. This is forming a culturistic 3d printer trend thats kind of fucked up. What would an electrician say about this machine or the shit that go's on in these printers.

I never got the LCD after asking twice if they would send it. But thats only 11$. I never got an answer for what might have caused the bed to do this. What if i was a newbie that didn't know what to do about it? The usual culprits are wire and bad thermistor. I may swap the thermistor and change the interval. But I think this machine is going to be a parts machine going into a Voron. The bed doesn't move on that machine and an AC bed is more suitable for that situation. Does it print good? Yes it prints good. But I don't feel those of you who decked out your Tarantula should buy this machine because they probably print better if you did it right. You will get metal, less maintenance and a some conveniences. I am tired of supporting Tevo. They knew I ran these subs. They gave no fucks. For those of you who have spent countless hours decking out your machines... this is my other reason why not to buy it. I know what yall have went through and with that knowledge I would say build a Voron first. You got the knowledge now. But you got that education came out of apathetic success from a company who got their first. Being the first good printing printer of the initial wave of cheap chinese machines while providing a good DIY platform. I feel the voron is the Core XY that chinese companies are gonna copy relentlessly. It has an answer for too many problems. It has a good balance of parts as well. It also utilizes the bondtech drive gears at a 4:1 ratio. I seen a perfect PLA print last night at 150ms. Thats amazing...with printed parts. So thats my recommendation of the Tevo Flash. I don't recommend it here. I don't think I even recommend it to a newbie because I don't think you should trust a company like this with a bed that can kill your ass. And you people with the decked out tarantulas don't need another damn cartesian. But thats really up to you. I don't get why these youtubers have so much of the same shit over and over and over and over. Move on man... You'll never print fast with a moving bed. This flood of Cartesian printers doing the same thing over and over again is encouraging a stagnation. Lets move forwards.

https://youtu.be/_hYHwkIuEMo?t=1202 - This is how i feel about Tevo, after all the time i've been supporting them. This guy says it best about but about apple.

Edit: I have found the problem of my Flash. The bed is powered by a relay. The relay failed. This machine didnt have more than 3-4 hours of print time. Silicone bed swelled and will need replacement. Silicone bed with holes will have to be sourced from Tevo. Thats not happening as they bailed on me.. I can't find one with holes or with wires not near the standoffs so it can be cut. Basically. I'm screwed if I don't rewire it with a smaller bed which I will. Metal stand offs supporting the bed are in the way.

Edit 2: So tevo wants me to take a video of the problem. Like im going to heat this bed up with a relay malfunction that could start a fire. Oh, and also. I can't find the firmware anywhere. So when I do finally find a smaller matt to fit. I may be faced with having to change the thermistor type. Which I can't.

Edit 3: I may have encountered a translation english barrier question. At least I hope so. Either tech support just asked me what a relay was. Or how I came to this conclusion which I gave a very clear explanation to. The last reply was a link to the engineers skype. This is going to be good. Im dying to talk to this guy about this electric chair of a heat bed as well as his grounding practices on this and other machines. They can't help me at this point since i am changing the machine. But I am going to get something in return for the 50$ im about to spend. I will do a writeup on this mod and cite my sources. This may just put the total machine cost +30$. I will include the diagram with dimensions for the bed cut. As I look at this machine I do believe we can source all the parts if you want to continue rolling the dice with Tevo. It is a good machine. Its the companies ethical decisions and support thats the problem.

I talked to an engineer on reprap about this situation. He's very against what this company is doing. He was a safety engineer. He said they do make a wire setup to safely support this kind of situation. But it cost about as much as the price as this 3d printer. Just thought that was interesting. He really hates the Tornado.

1 year agoswizzler posted comment on tevotarantula.
Sept. 14, 2018

Yeah, I don't think it's ever a good idea to buy a brand-new printer from a Chinese manufacturer or startup. Most these companies live by the rules of The Lean Startup The problem is, that book was written with software in mind. So when they change how an item is manufactured or the parts used from one unit to the next without changing SKUs as we've seen time and time again with 3D printers (especially the TEVO Tarantula) You have no way of knowing if you're getting a unit with a beta feature they aren't sure about yet, a cheaper part they are testing out, etc. And with a new model, you're facing all of these issues at once.

Looking to become a Scrum Master (CSM) or similar [R]

1 year, 1 month agoJuly 29, 2018

Hi,

I've recently decided to look into scrum, I heard down the rumor train that this was a high income, low risk and rewarding role. I have 10 years marketing experience and a BA in Business (Public Relations) and Events management. I also built a marketing firm, got some weight in the gaming industry then sold off. I traveled for the last 2 years - and now im interested in the end game antics of the scrum certification... however im aware ill need to start at the bottom.

So, the CSM cert, my research has said that it doest carry so much weight as to only just about get you into a 'Junior CSM role' however, its that first gig that counts.

I've also seen from research that the above may even be entirely false if you are based in an area underpopulated with CSM's - what I have noticed is that the demand for these roles is reasonably high and steady.

My angle at getting that first gig (after gaining the CSM cert) would be to tackle it through networking, and ask employers if they would be willing to take me on as a junior, cut the pay (from industry standard) and reinstate it after a probationary period? Also perhaps gain a mentor. I am also prepared to get all the certs (CSM, SProduct owner, Trainer, etc) even to dabble in agile if needs be and get certs in that, i just like what I see about the framework.

So my question - Can I please be advised on the best way to get that first gig, junior or otherwise. Also advice if im going the right way about it. A I've been told a marketing background may make me a prime candidate to be a coach bother for Agile and Scrum.

I am 26 and based in the UK

Thank you for taking the time, have a lovely day.

1 year, 1 month agoFlyingSpaghetti posted comment on scrum.
July 29, 2018

Again, I can only speak for the Austin, Texas job market. Don't look for a "Product Owner" role - look for a "Product Manager" role. I have a wall of text below explaining why.

Go to meetups near you. I don't know how it works in the UK, but I know these people are great - http://www.producttank.com/.

Reach out to people on linkedin in the UK who have the job title "Product Manager". Express interest in what they do, mention that you're looking to pivot from marketing, and ask how they got into it, or if they have any tips, etc. If they work at a company you like, or were in marketing before they were in product, then that's even better.

Read these three books, in this order:

  1. https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

  2. https://www.amazon.com/Inspired-Create-Products-Customers-Love/dp/0981690408

  3. https://www.amazon.com/Lean-Product-Playbook-Innovate-Products/dp/1118960874

Find out what relevant skills you're missing. Product Managers are expected to have an approximate idea of how everything works - technology, business, design, etc.

.

.

.

About the Product Owner vs Product Manager thing:

Understand that most companies don't follow scrum to the letter. I'm not saying that's a good or a bad thing, and it's not important why, but that's how I've seen it play out. I think that gets under the skin of Scrum purists, but it's what I've seen in Austin, and what my friends from northern California say as well.

That means that there aren't a ton of companies with job postings for a "Scrum Product Owner", and when they do say "Product Owner", they might mean a whole host of responsibilities that go outside of the "Product Owner" as Scrum defines it. Generally, someone with the job title of "Product Manager" will be responsible for taking on the Scrum Product Owner responsibilities, along with a whole host of other responsibilities.

These responsibilities generally coordinating with marketing, support, sales, user experience, current customers, current opportunities, lost opportunities, random people on the street, and whoever else can help out with determining what the team should build. You're also often responsible for helping build a training plan for all of the teams who are going to have to support the role out of your product/feature/update: support, sales, marketing, etc.

The Scrum Guide doesn't mention any of this in the description of the "Product Owner", but generally a lot of work goes into figuring out what each product backlog item should look like.

1 year, 2 months agoKlownd posted submission on consulting.
June 20, 2018

Hi all!

I've recently successfully switched careers out of investment management/finance into more of an internal strategy consulting role at an innovative energy company in a developing market. I've never worked in consulting, but people always talk about the "amazing education" you get at top consulting firms. Since I've never worked at those firms or in consulting, I'm on the hunt for resources that can help me do a couple of things:

  1. Structure my projects and deliverables better
  2. Make better use of consulting frameworks or patterns that are used in the consulting world to break down projects/research/decisions

With this said, does anyone on here have suggested resources for this? Recommended books to read? Certificate programs? Blogs to follow? edx or coursera courses?

A bit of searching reveals a lot of materials for studying to pass a case interview. Are those resources in any way useful for actual consulting work?

Thanks a bunch!

1 year, 2 months agoKlownd posted comment on consulting.
June 20, 2018

Hi Keatz01, it sounds like you already have a pretty cool background, so I'll limit these recommendations to what might be useful for you now.

The Lean Startup: Eric Ries (2011), is an easy read and I have found it useful to be familiar with the terminology/practical tips that it mentions. His 2017 extension has not been quite so well received.

Strategy Beyond the Hockey Stick: Bradley, Hirt and Smit (2018), is also accessible (albeit labored at times), and offers a few suggestions for new ways to think about quantifying the value of innovation (economic profit, in a nutshell). Despite being a McKinsey special, I felt like the explanation of their methodologies was lacking.

Thinking Fast and Slow: Daniel Kahneman (2013), is one of my favorite books, and discusses the way people think. It offers an excellent insight to behavioral economics and better develops on what you might find in Gladwell's Blink (2007).

Games People Play: Eric Berne (1966), is a fun read, not much more, and can give insight to typical behavioral patterns.

Harvard Business Review: I'm sure you know it, but some of these articles can be really insightful. Look for articles that are contextualized against data and/or case studies.

The McKinsey Quarterly: Tends to be more 'hit' than 'miss', but their introduction of the 'Five Fifty' section (where you take five minutes to decide whether investing close on an hour would be useful) has been nice.

Case in Point: Marc Cosentino (2018), is probably my highest recommendation for a casing primer. The skills are useful to have so that you can efficiently consider a problem.

Hopefully something in there proves useful. Beyond that, it's more a case of staying up-to-date. Stay abreast of emergent technology so that you know whether it's useful, take time to reassess current solutions now and then, etc etc. The next one on my reading list is /u/eliteregos' recommendation for The Trusted Advisor.

All the best!

In your 2-week sprint, what do you do each day? [R]

1 year, 4 months agoAmIMorty posted submission on agile.
May 14, 2018
1 year, 4 months agoAmIMorty posted comment on agile.
May 14, 2018

this this this this this.

Scrum is not for you in this situation, /u/alookaday

Lean Startup is what you need. by Eric Ries.

Best e/Books to read for starters? [R]

1 year, 10 months agozipadyduda posted submission on Entrepreneur.
Oct. 25, 2017

I'm 18 almost 19 living in Chicago, and still haven't finished high school due to social anxiety. I'd just like to get onto the right track, my brain works clockwork and I want to get busy the right way instead of just worrying about school, and my peers who are now all off doing college. Areas that I lean to are how social media can impact people, and I also love looking into stocks and investments. I can finish multiple books in a day or two so if you have a couple to suggest please do, it would be highly appreciated :)

1 year, 10 months agozipadyduda posted comment on Entrepreneur.
Oct. 26, 2017

This gets asked at least once a week on here. I think mods should make a sticky or something.

But here goes with my list.

Entrepreneur Mindset There are several books that talk about the entrepreneur mindset. “Rich Dad Poor Dad” was one of the first that I had encountered. “Four Hour Work Week” is a popular one among young adults and lazy millennials now. But I think this one below sums it up in a relatively fast and easy way. To me there is nothing wrong in this book, but in my opinion it’s a little incomplete and inaccurate and won’t work for some people. It doesn’t say how to switch lanes, or say that you can be in two lanes at the same time. Still, it should be required reading for anyone remotely interested in business. It’s at the top of my list because the correct mindset is required before anyone can think about actually doing business. http://www.audible.com/pd/Business/The-Millionaire-Fastlane-Crack-the-Code-to-Wealth-and-Live-Rich-for-a-Lifetime-Audiobook/B0143BEDUO

Business and Marketing

In the world of marketing, Seth Godin is well known as a forward thinker. He has a new perspective of thinking about marketing in the internet age. Seth Godin Startup School. This is a series of 15 short podcasts, maybe 15 to 20 minutes long each. It’s a good cliff notes version of a lot of his other books.

https://itunes.apple.com/us/podcast/seth-godins-startup-school/id566985370

http://www.audible.com/pd/Business/Purple-Cow-Audiobook/B002V0QOJS

http://www.audible.com/pd/Business/All-Marketers-Are-Liars-Audiobook/B002V1NIMI

Gary Vaynerchuk is well known in online entrepreneur forums, especially with a younger audience. He is interesting to listen to and talks at a basic level mostly about social media marketing. https://www.youtube.com/playlist?list=PLfA33-E9P7FC0AoARnMLvgFgESJe4_Ngs

This is a link about fashion, but it could just as easily be about restaurants or any other business. As you read it, substitute the product for your food products or widget and it makes sense. https://moz.com/ugc/how-to-build-a-great-online-fashion-brand-34-things-that-really-amazing-fashion-retailers-do

The E Myth series basically describes how many entrepreneurs fail to implement systems in their business. It has a couple other important business concepts and is geared mainly for beginning entrepreneurs or those who have not yet studied a lot about business at a high level. http://www.audible.com/pd/Business/The-E-Myth-Revisited-Audiobook/B002V1LGZE It’s probably not necessary to read this whole book, but it’s widely referenced and it’s important to understand the theory. This guy basically coined the phrase “Lean Startup” to describe businesses that start small and apply the scientific method to determine which direction to grow. Not to be confused with LEAN Manufacturing methodology made famous by Toyota, but follows similar principles.

https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898 This is basically an MBA in a box. It’s a long audiobook that goes over the lessons of an MBA program. Some of it is very interesting, some if it is boring to slog through. But knowing what is in here will have you well versed to communicate about business at a high level. http://www.audible.com/pd/Business/Critical-Business-Skills-for-Success-Audiobook/B00UY842O8

There are a lot of great posts in reddit. There are a lot of crappy ones too. But worth trolling. https://www.reddit.com/r/Entrepreneur/https://www.reddit.com/r/smallbusiness/

For example, this post basically has a step by step guide to start a small business.

https://www.reddit.com/r/Entrepreneur/comments/5lfy6n/4yearsagoiwroteacasestudyonredditon_my/

E Commerce, Design, Online Marketing This guy has a very interesting perspective on display tactics.

https://www.nickkolenda.com/ A good source for tactics. Also offers one of the better wordpress themes https://thrivethemes.com/6-brain-hacks/ These guys offer great information and insight in their podcast. https://ecomcrew.com/episode-1-welcome-to-the-ecom-crew-podcast/

Landing Page Optimization Important for all businesses even offline, for example with restaurants these principles could help for menu design or digital signage, for other businesses this knowledge can help with advertising layouts etc. https://www.linkedin.com/pulse/5-brand-strategies-uniquely-position-your-ecommerce-above-bhardwajhttps://blog.hubspot.com/marketing/7-landing-page-design-tipshttps://blog.kissmetrics.com/landing-page-design-infographic/https://moz.com/ugc/how-to-build-a-great-online-fashion-brand-34-things-that-really-amazing-fashion-retailers-dohttps://thrivethemes.com/6-brain-hacks/

Platform revolution. An important book for anyone considering a platform business. If you don't know what that is, then you need to listen to it. https://www.amazon.com/Platform-Revolution-Networked-Markets-Transforming/dp/B01DDX6VB2/

What books do you highly recommend for someone wanting to get into the entrepreneur game [R]

2 years, 1 month agozipadyduda posted submission on Entrepreneur.
Aug. 8, 2017

I am always looking to expand my knowledge and I see reading as a great way for me to learn from other people and do that.

So what book or books do you fine people of r/Entrepreneur highly recommend to someone wanting to make it as an entrepreneur? Don't give me a book you've heard was good tell me about books that you've actually gained insight and benefit from.

For me I would have to go with Dale Carnegies paper gold How to Win Friends and Influence people and if you haven't read it yet I highly recommend it if you'd like to get better at building relationships.

2 years, 1 month agozipadyduda posted on Entrepreneur.
Aug. 9, 2017

We get this same question at least once a week. But here goes.

Entrepreneur Mindset There are several books that talk about the entrepreneur mindset. “Rich Dad Poor Dad” was one of the first that I had encountered. “Four Hour Work Week” is a popular one among young adults and lazy millennials now. But I think this one below sums it up in a relatively fast and easy way. To me there is nothing wrong in this book, but in my opinion it’s a little incomplete and inaccurate and won’t work for some people. It doesn’t say how to switch lanes, or say that you can be in two lanes at the same time. Still, it should be required reading for anyone remotely interested in business. It’s at the top of my list because the correct mindset is required before anyone can think about actually doing business. http://www.audible.com/pd/Business/The-Millionaire-Fastlane-Crack-the-Code-to-Wealth-and-Live-Rich-for-a-Lifetime-Audiobook/B0143BEDUO

Business and Marketing

In the world of marketing, Seth Godin is well known as a forward thinker. He has a new perspective of thinking about marketing in the internet age. Seth Godin Startup School. This is a series of 15 short podcasts, maybe 15 to 20 minutes long each. It’s a good cliff notes version of a lot of his other books.

https://itunes.apple.com/us/podcast/seth-godins-startup-school/id566985370

http://www.audible.com/pd/Business/Purple-Cow-Audiobook/B002V0QOJS

http://www.audible.com/pd/Business/All-Marketers-Are-Liars-Audiobook/B002V1NIMI

Gary Vaynerchuk is well known in online entrepreneur forums, especially with a younger audience. He is interesting to listen to and talks at a basic level mostly about social media marketing. https://www.youtube.com/playlist?list=PLfA33-E9P7FC0AoARnMLvgFgESJe4_Ngs

This is a link about fashion, but it could just as easily be about restaurants or any other business. As you read it, substitute the product for your food products or widget and it makes sense. https://moz.com/ugc/how-to-build-a-great-online-fashion-brand-34-things-that-really-amazing-fashion-retailers-do

The E Myth series basically describes how many entrepreneurs fail to implement systems in their business. It has a couple other important business concepts and is geared mainly for beginning entrepreneurs or those who have not yet studied a lot about business at a high level. http://www.audible.com/pd/Business/The-E-Myth-Revisited-Audiobook/B002V1LGZE It’s probably not necessary to read this whole book, but it’s widely referenced and it’s important to understand the theory. This guy basically coined the phrase “Lean Startup” to describe businesses that start small and apply the scientific method to determine which direction to grow. Not to be confused with LEAN Manufacturing methodology made famous by Toyota, but follows similar principles.

https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898 This is basically an MBA in a box. It’s a long audiobook that goes over the lessons of an MBA program. Some of it is very interesting, some if it is boring to slog through. But knowing what is in here will have you well versed to communicate about business at a high level. http://www.audible.com/pd/Business/Critical-Business-Skills-for-Success-Audiobook/B00UY842O8

There are a lot of great posts in reddit. There are a lot of crappy ones too. But worth trolling. https://www.reddit.com/r/Entrepreneur/https://www.reddit.com/r/smallbusiness/

For example, this post basically has a step by step guide to start a small business.

https://www.reddit.com/r/Entrepreneur/comments/5lfy6n/4yearsagoiwroteacasestudyonredditon_my/

E Commerce, Design, Online Marketing This guy has a very interesting perspective on display tactics.

https://www.nickkolenda.com/ A good source for tactics. Also offers one of the better wordpress themes https://thrivethemes.com/6-brain-hacks/ These guys offer great information and insight in their podcast. https://ecomcrew.com/episode-1-welcome-to-the-ecom-crew-podcast/

Landing Page Optimization Important for all businesses even offline, for example with restaurants these principles could help for menu design or digital signage, for other businesses this knowledge can help with advertising layouts etc. https://www.linkedin.com/pulse/5-brand-strategies-uniquely-position-your-ecommerce-above-bhardwajhttps://blog.hubspot.com/marketing/7-landing-page-design-tipshttps://blog.kissmetrics.com/landing-page-design-infographic/https://moz.com/ugc/how-to-build-a-great-online-fashion-brand-34-things-that-really-amazing-fashion-retailers-dohttps://thrivethemes.com/6-brain-hacks/

I'm 15 and I want to start a coffee business [R]

2 years, 1 month agoReRo27 posted submission on Coffee.
Aug. 6, 2017

Ok so this goes a while back, but I'm currently a 15yo with this crazy idea and maybe the ability. I want to buy an ambulance and sell coffee out of it, then branch to shops and open a roaster. My dad and I thought it up, we'd call it emergency espresso and we'd travel to events and what not to build capital then open a shop. I just don't know where to start, what to do, and who would back. Leave me some feedback and some advice and we'll see where it goes!

Edit: to clarify we want to start with the ambulance, then venture into shops and roasting.

2 years, 1 month agoReRo27 posted on Coffee.
Aug. 6, 2017

I know some people who run a coffee shop already in an identical format. Look up "Daily Grind" business in Ontario, Canada. You can probably reach them on their Facebook page and they may be able to give you some info and inside knowledge on what kind of challenges you should prepare for and how to make it.

3 things you can do right now to get it off the ground faster are as follows:

1) scope out the competition - go to your local small coffee shops and big brands (Starbucks and McDonalds especially). Don't only try to understand how they do it but what their offerings are, why do people go there, what sides do they have, etc

2) Prepare a menu that's bigger than just coffee. This is where point 1 will be useful. If you start scoping you'll notice a trend, in all these places they offer more than coffee. cold drinks, smoothies, sandwiches, pastries, etc. When you go to design your menu be sure to add something more than just coffee, be creative and try to make something people want (something to retain your customers and keep them coming back to you). Sandwiches are a good start but don't limit yourself.

3: Another thing that might work for you should also start reading up on the 'lean start up methodology". It's how companies in silicon valley grow fast and quickly like apple, facebook, Instagram, and Microsoft. The idea is you generate some ideas, and you keep trying them out until one stick, then put your efforts there. The idea behind this is you keep trying out ideas to find out what is most successful and you drop your least successful ones quickly. This way you'll know what works and doesn't quickly and efficiently. Once you find the idea that works, you scale quickly and that's how you make your mark.

Here's the book on Amazon from the man himself. It's a quick read but it'll probably cut your path to success down and make you more competitive.

Author: Eric Riles

"The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses"

link: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

What menial tasks within your company have been automated and saw real returns in the form of time or money saved thanks to Python? [R]

2 years, 1 month agoDecker108 posted submission on Python.
Aug. 5, 2017

Edit:
Which python package did you use if any? In which department did it take place? If you've installed similar programs for non-IT offices/companies, I'd also like to hear your story.

I'm learning python and wondering how the things I'm learning will be of any practical use in the future.

2 years, 1 month agoDecker108 posted on Python.
Aug. 5, 2017

Creating a unicorn isn't just taking a horse and waving a magic wand over it to have it sprout a horn and a billion USD valuation. It takes willing investors, a market that fits the product, a solution that fits the market and company whose employees (at all levels) know what they're doing. Oh, and also a bit of luck.

See: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

What I mean is, it's quite possible that someone has tried before but lacked one of the above four prerequisites.

What Books Would You Recommend Every Entrepreneur Read ? [R]

2 years, 2 months agoJuly 12, 2017

[deleted]

2 years, 2 months agozipadyduda posted on Entrepreneur.
July 13, 2017

This has been asked here many many times before. But here goes.

Entrepreneur Mindset There are several books that talk about the entrepreneur mindset. “Rich Dad Poor Dad” was one of the first that I had encountered. “Four Hour Work Week” is a popular one among young adults and lazy millennials now. But I think this one below sums it up in a relatively fast and easy way. To me there is nothing wrong in this book, but in my opinion it’s a little incomplete and inaccurate and won’t work for some people. It doesn’t say how to switch lanes, or say that you can be in two lanes at the same time. Still, it should be required reading for anyone remotely interested in business. It’s at the top of my list because the correct mindset is required before anyone can think about actually doing business. http://www.audible.com/pd/Business/The-Millionaire-Fastlane-Crack-the-Code-to-Wealth-and-Live-Rich-for-a-Lifetime-Audiobook/B0143BEDUO

Business and Marketing

In the world of marketing, Seth Godin is well known as a forward thinker. He has a new perspective of thinking about marketing in the internet age. Seth Godin Startup School. This is a series of 15 short podcasts, maybe 15 to 20 minutes long each. It’s a good cliff notes version of a lot of his other books. https://itunes.apple.com/us/podcast/seth-godins-startup-school/id566985370http://www.audible.com/pd/Business/Purple-Cow-Audiobook/B002V0QOJShttp://www.audible.com/pd/Business/All-Marketers-Are-Liars-Audiobook/B002V1NIMI

Gary Vaynerchuk is well known in online entrepreneur forums, especially with a younger audience. He is interesting to listen to and talks at a basic level mostly about social media marketing. https://www.youtube.com/playlist?list=PLfA33-E9P7FC0AoARnMLvgFgESJe4_Ngs

This is a link about fashion, but it could just as easily be about restaurants or any other business. As you read it, substitute the product for your food products or widget and it makes sense. https://moz.com/ugc/how-to-build-a-great-online-fashion-brand-34-things-that-really-amazing-fashion-retailers-do

The E Myth series basically describes how many entrepreneurs fail to implement systems in their business. It has a couple other important business concepts and is geared mainly for beginning entrepreneurs or those who have not yet studied a lot about business at a high level. http://www.audible.com/pd/Business/The-E-Myth-Revisited-Audiobook/B002V1LGZE

It’s probably not necessary to read this whole book, but it’s widely referenced and it’s important to understand the theory. This guy basically coined the phrase “Lean Startup” to describe businesses that start small and apply the scientific method to determine which direction to grow. Not to be confused with LEAN Manufacturing methodology made famous by Toyota, but follows similar principles. https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

This is basically an MBA in a box. It’s a long audiobook that goes over the lessons of an MBA program. Some of it is very interesting, some if it is boring to slog through. But knowing what is in here will have you well versed to communicate about business at a high level. http://www.audible.com/pd/Business/Critical-Business-Skills-for-Success-Audiobook/B00UY842O8

There are a lot of great posts in reddit. There are a lot of crappy ones too. But worth trolling. https://www.reddit.com/r/Entrepreneur/https://www.reddit.com/r/smallbusiness/

For example, this post basically has a step by step guide to start a small business. https://www.reddit.com/r/Entrepreneur/comments/5lfy6n/4yearsagoiwroteacasestudyonredditon_my/

E Commerce, Design, Online Marketing This guy has a very interesting perspective on display tactics. https://www.nickkolenda.com/

A good source for tactics. Also offers one of the better wordpress themes https://thrivethemes.com/6-brain-hacks/

These guys offer great information and insight in their podcast. https://ecomcrew.com/episode-1-welcome-to-the-ecom-crew-podcast/

Landing Page Optimization Important for all businesses even offline, for example with restaurants these principles could help for menu design or digital signage, for other businesses this knowledge can help with advertising layouts etc.

https://www.linkedin.com/pulse/5-brand-strategies-uniquely-position-your-ecommerce-above-bhardwajhttps://blog.hubspot.com/marketing/7-landing-page-design-tipshttps://blog.kissmetrics.com/landing-page-design-infographic/https://moz.com/ugc/how-to-build-a-great-online-fashion-brand-34-things-that-really-amazing-fashion-retailers-dohttps://thrivethemes.com/6-brain-hacks/

For Restaurants http://www.restaurantowner.com Very valuable stuff here. Business plan templates, etc. $30 a month for a subscription but well worth it if you are starting or running a restaurant.

https://www.restaurantmastering.com

http://www.typsy.com Not worth the paid membership yet, but it's growing. And you can get a free trial for like a week and binge watch everything.

Any books that gave nice tips on entrepreneurship? [R]

2 years, 2 months agoJune 26, 2017

[deleted]

2 years, 2 months agomsupr posted on Entrepreneur.
June 26, 2017

Had this list together from a blog post I wrote a few months ago. Not sure what exactly you're looking for, but these are my favorite books and I'd recommend everybody read them all. There are other great books out there, but this is a pretty well rounded list that touches everything a company needs.

The Lean Startup https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

Business Model Generation https://www.amazon.com/Business-Model-Generation-Visionaries-Challengers/dp/0470876417

Hooked: How to Build Habit-Forming Products https://www.amazon.com/Hooked-How-Build-Habit-Forming-Products/dp/1591847788

Talking to Humans https://www.amazon.com/Talking-Humans-Success-understanding-customers-ebook/dp/B00NSUEUL4

Predictable Revenue https://www.amazon.com/Predictable-Revenue-Business-Practices-Salesforce-com/dp/0984380213

To Sell is Human https://www.amazon.com/Sell-Human-Surprising-Moving-Others/dp/1594631905

Rework https://www.amazon.com/Rework-Jason-Fried/dp/0307463745

Delivering Happiness https://www.amazon.com/Delivering-Happiness-Profits-Passion-Purpose/dp/0446576220

weird policy of seed investors [R]

2 years, 3 months agoOlegLeonov posted submission on startups.
June 18, 2017

Many investors are afraid of single founders. Here's a fragment for example: "If you already have a company, that has a product and a team, you are right with us (no slideware, no solo founders, sorry!)"

Why? I did everything: I had an idea, wrote a program, tested it, and created a landing site with PayPal system. And now I have to find total strangers to be my cofounders? Simply to simulate crowd? To create image of respectable, reliable company? Is there any another way to have a seed investment?

2 years, 2 months agoOlegLeonov posted on startups.
June 19, 2017

from my part I could recommend you The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

Advice for a 14 year old? [R]

2 years, 4 months agozipadyduda posted submission on Entrepreneur.
May 3, 2017

I'm 14 years old and don't have a part time job yet but I'm thinking of starting up in fiverr. Even if I only make $5 here and there it will all help. But I was just wondering what I should be spending my money on. My website doesn't get much traffic so I wanted to know if I should be doing SEO or Facebook ads or both. Are there any other alternatives to SEO and fb ads that are great for either growing a business or driving traffic?

2 years, 4 months agozipadyduda posted on Entrepreneur.
May 3, 2017

>I wanted to know if I should be doing SEO or Facebook ads or both.

It depends on your niche and who you are targeting.

You should try to find a mentor in the real world, not online, who can teach you about business in general. Meanwhile here is some home schooling.

Here is my suggested required reading list for anyone who ever wants to be a small business owner. I like audiobooks but you can get some of these in print also.

Entrepreneur Mindset There are several books that talk about the entrepreneur mindset. “Rich Dad Poor Dad” was one of the first that I had encountered. “Four Hour Work Week” is a popular one among young adults and lazy millennials now. But I think this one below sums it up in a relatively fast and easy way. To me there is nothing wrong in this book, but in my opinion it’s a little incomplete and inaccurate and won’t work for some people. It doesn’t say how to switch lanes, or say that you can be in two lanes at the same time. Still, it should be required reading for anyone remotely interested in business. It’s at the top of my list because the correct mindset is required before anyone can think about actually doing business. http://www.audible.com/pd/Business/The-Millionaire-Fastlane-Crack-the-Code-to-Wealth-and-Live-Rich-for-a-Lifetime-Audiobook/B0143BEDUO

Business and Marketing

In the world of marketing, Seth Godin is well known as a forward thinker. He has a new perspective of thinking about marketing in the internet age. Seth Godin Startup School. This is a series of 15 short podcasts, maybe 15 to 20 minutes long each. It’s a good cliff notes version of a lot of his other books. https://itunes.apple.com/us/podcast/seth-godins-startup-school/id566985370http://www.audible.com/pd/Business/Purple-Cow-Audiobook/B002V0QOJShttp://www.audible.com/pd/Business/All-Marketers-Are-Liars-Audiobook/B002V1NIMI

Gary Vaynerchuk is well known in online entrepreneur forums, especially with a younger audience. He is interesting to listen to and talks at a basic level mostly about social media marketing. https://www.youtube.com/playlist?list=PLfA33-E9P7FC0AoARnMLvgFgESJe4_Ngs

This is a link about fashion, but it could just as easily be about restaurants or any other business. As you read it, substitute the product for your food products or widget and it makes sense. https://moz.com/ugc/how-to-build-a-great-online-fashion-brand-34-things-that-really-amazing-fashion-retailers-do

The E Myth series basically describes how many entrepreneurs fail to implement systems in their business. It has a couple other important business concepts and is geared mainly for beginning entrepreneurs or those who have not yet studied a lot about business at a high level. http://www.audible.com/pd/Business/The-E-Myth-Revisited-Audiobook/B002V1LGZE

It’s probably not necessary to read this whole book, but it’s widely referenced and it’s important to understand the theory. This guy basically coined the phrase “Lean Startup” to describe businesses that start small and apply the scientific method to determine which direction to grow. Not to be confused with LEAN Manufacturing methodology made famous by Toyota, but follows similar principles. https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

This is basically an MBA in a box. It’s a long audiobook that goes over the lessons of an MBA program. Some of it is very interesting, some if it is boring to slog through. But knowing what is in here will have you well versed to communicate about business at a high level. http://www.audible.com/pd/Business/Critical-Business-Skills-for-Success-Audiobook/B00UY842O8

There are a lot of great posts in reddit. There are a lot of crappy ones too. But worth trolling. https://www.reddit.com/r/Entrepreneur/https://www.reddit.com/r/smallbusiness/

For example, this post basically has a step by step guide to start a small business. https://www.reddit.com/r/Entrepreneur/comments/5lfy6n/4yearsagoiwroteacasestudyonredditon_my/

E Commerce, Design, Online Marketing This guy has a very interesting perspective on display tactics. https://www.nickkolenda.com/

A good source for tactics. Also offers one of the better wordpress themes https://thrivethemes.com/6-brain-hacks/

These guys offer great information and insight in their podcast. https://ecomcrew.com/episode-1-welcome-to-the-ecom-crew-podcast/

Landing Page Optimization Important for all businesses even offline, for example with restaurants these principles could help for menu design or digital signage, for other businesses this knowledge can help with advertising layouts etc.

https://www.linkedin.com/pulse/5-brand-strategies-uniquely-position-your-ecommerce-above-bhardwajhttps://blog.hubspot.com/marketing/7-landing-page-design-tipshttps://blog.kissmetrics.com/landing-page-design-infographic/https://moz.com/ugc/how-to-build-a-great-online-fashion-brand-34-things-that-really-amazing-fashion-retailers-dohttps://thrivethemes.com/6-brain-hacks/

How do i start my own crispr research for a scientific topic im interested in? [R]

2 years, 4 months agoPM_ME_BOOBPIX posted submission on CRISPR.
May 1, 2017
2 years, 4 months agoPM_ME_BOOBPIX posted on CRISPR.
May 2, 2017

> Alright thanks alot man. How much does the average start up cost? Millions? Billions?

It's not a cost, it's an investment!

There's no average of course in the Life Sciences the barrier of entry is high, since... knowledge is expensive, so are labs etc... DO NOT LET ANYTHING DISCOURAGE YOU not even me, it's not my intent.

A couple of good reads for you:

BONUS: https://steveblank.com/2011/03/08/a-new-way-to-teach-entrepreneurship-the-lean-launchpad-at-stanford-class-1/

Where to begin.. [R]

2 years, 7 months agozipadyduda posted submission on smallbusiness.
Feb. 16, 2017

Basic Description: Gaming Cafe with a mix of Nerd & Geek culture. Classic Arcade and Consoles, Next-Gen Consoles & PC Gaming, Small Eatery with Local Brew Tap Bar and Wine selections. Room rentals ranging from Singleplayer to Massive Online/Local Multiplayer - aka 1 to 6 people groups, Tournaments, LAN Parties, and Events (birthday parties, celebrations, bachelor/bachelorette).

I'm rather young, I don't have a business degree - or any formal College certs or degree at all, I took some college at a local community college to get out of the house prior to finding a job to help with my Freelance Web Design, but I don't feel I really fit in the job market. I'm not particularly the team type of person, I like working alone in my own space at my own pace surrounded by electronics - computers specifically. I feel I work best that way, with little intervention of my peers and superiors.

With that in mind I've had an idea for a business in my area for awhile because things like it are so scarce in my town, but I don't even know where to begin or the figures I should be looking at to get started paying for things. I'm fairly familiar with Marketing, and could easily get a visual (video and image) ad or commercial going, however I need a good location, a loan, and some background knowledge on running a brick and mortar storefront.

If anyone can provide some resources I can read into, some person advice from experience, and any other form of feedback, critique, or words of encouragement it'd be much appreciated!

What is your favorite book about marketing and what is good about it? [R]

2 years, 7 months agoLavender_poop posted submission on marketing.
Feb. 2, 2017

Hi Redditors,

I am searching for inspiration on what book to read next. What is your favorite book about marketing and why is it your favorite?

Looking forward to your response.

2 years, 7 months agoLavender_poop posted on marketing.
Feb. 2, 2017

I have a few, not all specifically about marketing but related to business, growth, customer experience, etc.

[SERIOS] Start-up aplicatie pentru mobil [R]

2 years, 7 months agopoliticallyretarded posted submission on Romania.
Jan. 31, 2017

2 tineri si o idee de aplicatie pentru mobil. Cam astea ar fi cuvintele cheie, care includ si un mic impediment. Nici unul dintre noi habar n-are cum sa procedeze pentru a o dezvolta. Unde ar trebui sa "postez" ideea? Sau, mai bine zis, cu cine ar trebui sa vorbesc? Unde as putea gasi oameni pentru dezvoltare/finantare dat fiind faptul ca nici unul dintre noi nu poseda cunostintele tehnice pentru a o construi.
Niste hint-uri?
Thanks roditt.

2 years, 7 months agopoliticallyretarded posted on Romania.
Jan. 31, 2017

Puteti incepe sa testati ideea. Niste prototipuri rapide (in orice mediu ce face posibil explicarea ideii) si mult feedback de la useri potentiali. Asta o sa va salveze o gramada de timp si bani pe viitor, chiar si un eventual fail.

Poti sa te uiti peste The lean startup , explica procesul de inceput foarte fain, cu exemple foarte de success, cred ca au dropbox, zappos, etc.

Dupa, partea de development e cea mai usoara.

How to validate an idea? [R]

2 years, 8 months agofreelandshaw posted submission on Entrepreneur.
Jan. 17, 2017

Hi guys

I have an idea of a chatbot platform for bars/restaurants/hotels or any other place that serves food but I lack contacts to validate it. Is any of you a person that is running or managing such a place and would be willing to spent some time discussing an idea? Thanks in advance

-vG

2 years, 8 months agofreelandshaw posted on Entrepreneur.
Jan. 17, 2017

First off... huge kudos to you for trying to validate an idea before running off and developing anything. A few great resources have already been mentioned. I'm sure you are somewhat familiar with these resources and lean startup principles based on your question but I thought I'd point them out just in case.

"Lean Startup" Eric Ries

"Will it Fly" Pat Flynn

So to discuss your question more directly, here's a couple thoughts that come to mind. Keeping in mind it is highly recommended these conversations be in person (or at least over Skype):

1. Local small businesses. I know you mentioned that fact that most restaurants near you are chains. I'm not so sure I totally believe that (although I have no idea where you live). I would venture to guess there are dozens of small restaurants near you. Certainly some bar owners would be good to talk to. Plus even larger chains are franchise owned so you could probably find the franchise owner for the local chain and talk to them.

2. Colleges and universities. Are there any colleges or universities (or maybe high schools) close? Most of them have independently operated cafeterias.

3. Find the right subs and forums. I'm guessing there are some restaurant owners around here but you're probably more likely to find them in forums for restaurant owners. Find some influencers in the restaurant business (bloggers, podcast hosts, etc.). Try to connect with the people that read their information and try to connect with them.

Surely you can find some people to talk to in your area, you may just need some creativity to find them. Good luck!!

NooB Monday! - (January 16, 2017) [R]

2 years, 8 months agofreelandshaw posted submission on Entrepreneur.
Jan. 16, 2017

Please use this thread to ask any newbie questions.

We do this to not overflow the subreddit with newbie questions, so please try to limit the questions to this weekly thread.

Since this thread can fill up quickly, consider sorting the comments by "new" (instead of "best" or "top") to see the newest posts.

2 years, 8 months agofreelandshaw posted on Entrepreneur.
Jan. 16, 2017

Hey! Not necessarily a rubric out there but there are certainly best practices to follow. I would recommend the following resources:

"Lean Startup" Eric Ries

"Will it Fly" Pat Flynn

I'd be happy to offer some more details and insights but I believe those are excellent resources starting out. Good luck!

How do start ups actually "start up". I know starting a business is expensive, but once you put it all together, it seems more expensive than it first seems. [R]

2 years, 9 months agoWhatitsjk1 posted submission on startups.
Dec. 17, 2016

I mean, lets get it down. assuming you are a "normal" average business starter, you will only fall under 1 of 3 skill sets

  1. marketing/sales
  2. finance
  3. technical

at its basic form, you need all 3 to do business and be successful (try naming one successful business that misses 1 of them)

so this means you have to hire someone to manage either all 3, or atleast 2 of the 3 (if u fall under 1 of the 3 atleast)

sure, couple businesses skip 1 of the 3 (mostly either point 1 or 2) but they dont last long, or, once small profit comes in, they immediately fill in the blanks.

so exactly how

  1. do you find a person for that skillset that is willing to work for a 1st time business?
  2. do you get the funds to hire/supply for the 3 most needed factors?
2 years, 9 months agoWhatitsjk1 posted on startups.
Dec. 17, 2016

is it this by chance?

thx for info

2 years, 9 months ago[deleted] posted submission on marketing.
Dec. 15, 2016
2 years, 9 months ago[deleted] posted on marketing.
Dec. 16, 2016

The Lean Startup by Eric Ries: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898 This book offers great insight into agile product development, which is something a lot of companies try to master- but never figure out how to. The author has a lot of experience in product development and gives a ton of insightful, real life experience of working with successful companies like GE and more. I found the book extremely beneficial and it gave me a new perspective on product development.

Beginner's Guide? [R]

2 years, 9 months agoThatNat posted submission on startups.
Dec. 7, 2016

I've been toying with an idea for a while, for a client/server desktop app for a certain profession, with the server software exposing data via well defined standardized interfaces (CalDAV, CardDAV, WebDAV, documented REST), which will be unique in the (niche) space. I have pieces of it constructed that I use already (I'm one of those professionals), but I'm kind of overwhelmed when it comes to sitting down and putting together a comprehensive product. There are a lot of moving pieces and it just seems like an insurmountable obstacle right now.

I previously single-handedly coded and launched an entire loosely-coupled redundant back-end order processing system that successfully saw a business through several holiday rushes (built to existing specifications and interfaces), and I've worked on other similar projects before, but I've never been solely responsible for every aspect of a project like this.

I'm vaguely familiar with terms like "minimum viable product," dogfooding, etc.

Wondering if there are any basic "how to" guides that would cover, at least at a 500' level, how to proceed. Project plan? What goes into one? How to formulate it? ... Test driven development? Or ...? Etc.

(I'm also a pilot, so I'm pretty good at following checklists and procedures, but I wouldn't trust myself to draft them from scratch...)

Are there a few "must read" books or Lynda.com courses or ... I can review over the holidays?

This is a 'side project' for me, at least for now; it's something I need, so I'm going to knock it out, I just need to find a structure that works that actually fosters building the thing...

TIA!

2 years, 9 months agoThatNat posted on startups.
Dec. 7, 2016

You might find some of these resources helpful to get a sense of some of the moving parts for the "lean" / "customer development" approach:

Steve Blank's free Udemy course: https://www.udacity.com/course/how-to-build-a-startup--ep245

And his protege Eric Ries' Lean Startup book: https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

And Blanks' https://www.amazon.com/Business-Model-Generation-Visionaries-Challengers/dp/0470876417

A rough, top-level, possible roadmap for a bootstrapped solo product:

  1. Talk with a bunch of potential customers to validate whether the problem you will be solving for is in fact an acute problem.

  2. Validate that your solution is a good one to solve that problem. Again, you can start with customer interviews with a prototype of your product. Validation can also be pre-sales, one pager landing page "coming soon" sign ups and other things.

  3. Product development and customer development happening in tandem. Customer feedback informing the product. Yeah minimum viable product: what's the minimum version of your product that proves your assumption that people will find this valuable?

  4. Participating / building an audience / community around folks who value solving this problem can happen during development too. Some like to do this BEFORE building the product -- and having an audience to pitch different variations of products to.

  5. Get early adopters in the door, helping you improve the product. "Doing things that don't scale" while you are still in learning mode.

  6. Try different experiments to improve A) the product and B) different ways/channels to find customers.

  7. McClure's Pirate Metrics: measuring the customer journey of acquisition, activation, retention, referrals, revenue. At this stage retention is probably #1: am I building a product people are finding valuable enough to stick around and continue to use?

  8. "Product/market fit" means your product and the particular type of people you are helping are a happy fit. Time to make those "things that don't scale" more scalable. Time to hit the gas pedal on the marketing side. More experiments to find growth...

Is it still possible to be an Appreneur? [R]

2 years, 10 months agohtylim posted submission on Entrepreneur.
Nov. 4, 2016

I am a long time lurker here and had some small successes in the past thanks to this sub as well. I was always entrepreneurial and I am sure that in the future, I'm going to have my own business.

So here is my question: I'm 25 years old and have an MSc in Electrical Engineering however, I started building iOS apps and I have been working as a mobile dev for 3.5 years now. 1.5 years ago I switched to freelancing and I built a few apps in the last years, but none of them became a real hit. (I earned like $500 total after Apple's cut) Anyway, I learned a ton on the way and I really believe I could do things better now. I also started a few projects from getting ideas here (for example, I have an Instagram account with 80k followers in a niche which makes around $100-$200 / month)

With freelancing, I have one problem, it's not really scalable. I still do the same work as an employee and actually my salary depends on how many hours I work.

So here is my idea: I live in a really cheap country and my monthly expenses are around $600. I'd like to focus exclusively on my own apps and reach $1000 monthly revenue as soon as possible to continue this long term and build a portfolio that could support me financially if I decide to move to another project. As far as I researched the best way to do is focusing on niche apps, but I have no clue, how to find those. I know for you, getting $1000 revenue maybe doesn't seem like a lot, but I only earned an amount like this with freelancing or with real jobs. I don't have a deadline or a runway because of these small expenses. If I do just a little bit of development for clients like a few hours, I'm basically done for a month. I would like to release a lot of apps for smaller audiences, not talking about building one huge project for a year instead releasing apps for like every month or even more often. I'm just curious that it's worth to do it or not in your opinion? If you do so, how would you find these niche apps?

Is building apps as an indie dev still works if you do it right or not?

I also have other ideas what to do, but I already have some experience in building apps, so maybe it's a good way for me to start a business.

2 years, 10 months agohtylim posted on Entrepreneur.
Nov. 4, 2016

Glad you like it. I have one more comment that I feel I need to do.

If you'll end up reconsidering this idea try something else but try something.

There is nothing more valuable than one's own experience. And you never really fail if you learn and evolve from each experience.

The best recommendation that I feel I can give you is to try things and learn as fast as you can. And as we are on that subject check The Lean Startup:.

https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898/

Cheers!

2 years, 10 months agoMONGEN_beats posted submission on makinghiphop.
Oct. 27, 2016

I moved to the Bay Area recently, and have been having a lot of trouble hearing back from venues. I figure if I linked up with a bigger Bay Area rapper like Caleborate or Rexx Life Raj that I'd have an easier time finding a show, and I'd even have a built in crowd from their fans.

Has anyone had any experience with this?

2 years, 10 months agoMONGEN_beats posted on makinghiphop.
Oct. 27, 2016

Do you currently attend shows often? If not do so to build your network. Be professional, nice and talk to everyone.

You want to look for artists with a similar vibe to you. Approach them and say that you are putting on your own show and want them to play. Ask them if they have any ideas and if they want to contribute.

Choose an appropriate venue. It's much better to book a venue smaller than you think you need. 50 people in a tiny venue looks a lot better than 100 in a huge one.

Advertise smartly and be a direct as possible. What I mean by this is talk to people one on one and build your audience slowly. Networking is huge.

After a few successful events then go back to contacting venues with numbers of previous shows and a vision of how you can help them.

Recommended reading, 'The Lean Startup' by Eric Reiss.. A great book on testing the market to see where you stand by taking action. Very business orientated by can be adapted easily to event management

What are the categories of costs involved in an internet start-up? [R]

2 years, 11 months agobodhi_mind posted submission on Entrepreneur.
Oct. 21, 2016
2 years, 11 months agobodhi_mind posted on Entrepreneur.
Oct. 21, 2016

If you're trying to be innovative, the question is, how much are you going to spend until you find a good product/market fit.

Development costs are at the top of the list since server requirements for a small website are minimal. Marketing is your text cost.

I would recommend the book The Lean Startup to help guide you and ultimately save money in the long run

How to make a website idea come to life [R]

2 years, 11 months agobodhi_mind posted submission on Entrepreneur.
Oct. 2, 2016

Hello all,

The other day i posted about creating a website with live stream asking how hard it was. Since then i have abandoned that idea due to others telling me the difficulty. However i know the idea behind this domain name is good and catchy and there is plenty of market in the niche. So how do i make this come to life?

Maybe a website where people can launch a podcast- (i think this would really be a game changer for my market that i wanna target), upload a story, have a username, etc. Also Create chats and debates - which would be cool if they could livestream eachother and actually create debate like chatrooms (where i had the idea i posted about the other day)

I know there is a market for this website but i am not a developer and have no idea how to go about creating a website that could potentially have thousands of users per day, potentially more. Essentially I want to make some passive income from this.

I have an ok day job so some money is saved up, i bought the domain name but don't know where to go to bring this to life. Any advice is greatly appreciated.

2 years, 11 months agobodhi_mind posted on Entrepreneur.
Oct. 2, 2016

You should read The Lean Startup.

Trying to build a business around a domain name is a bad idea. You should build a business around solving a problem for target market that you've identified.

Is it OK to wait for hints of success before "setting up" the company? [R]

2 years, 11 months agoloonetik posted submission on Entrepreneur.
Sept. 23, 2016

Sorry if my title is badly formulated, let me explain :

My friend and I have created a web application that we want to offer as a service. We aim to launch the platform in the next few months. However, our plan is to set this up as a company in Greece (that's the main market for our application), and in this country the administrative process to officially create a company is very painful and can also be quite costly.

The beauty of web development means that at the moment, the overhead costs for the product itself are insignificant (hosting is very cheap for us and the web app requires very little maintenance, that we can do ourselves).

So my point is : until we know that the ball is rolling and we start getting customers, we don't really want to spend money and time in creating an entity, because in case it's a failure, we want to fail fast and without debts.

So our "plan" is to just launch the platform as is, implement our marketing plan, and depending on the response from the market, either form a proper company, or simply give up.

Is this a sensible thing to do? We would of course declare any taxes on any income and treat it as a "hobby" until it gets "big" (if it ever does!) but we wouldn't want to be exposed to any legal issues.

Anyone with experience "experimenting" business ideas on the fly?

Many thanks, and again, sorry if this all sounds amateurish, I confess I am an amateur!

2 years, 11 months agoloonetik posted on Entrepreneur.
Sept. 24, 2016

Check out the lean startup.

https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898/ref=sr11?s=books&ie=UTF8&qid=1474698789&sr=1-1&keywords=the+lean+startup

After 3 failed startups/side projects, what have I learnt? [R]

3 years agobodhi_mind posted submission on Entrepreneur.
Sept. 6, 2016

Over the past few years, I've embarked on a few side projects, and am involved in a number of startups, but not all of them have worked. I decided to write a post about what I did, what I learnt, and how I'm embracing failure as a tool for self-improvement.

Here's the post

This is one of my first attempts at long-form writing (and honest self-criticism), so would be interested to hear what you all think! :)

Edit: For those of you wondering about learnt vs learned: Oxford Dictionary.

3 years agobodhi_mind posted on Entrepreneur.
Sept. 6, 2016

You should read Lean Startup if you haven't already. Will probably be a life changer.

Good book for small business start up? [R]

3 years, 1 month agoJiggyTox posted submission on smallbusiness.
Aug. 8, 2016

I'm a student that makes my own cosmetics and beauty products. I'm looking to mainly sell on etsy and at booths at farmers markets and festivals. What are some good books that will help me launch my business efficiently and correctly?

3 years, 1 month agoJiggyTox posted on smallbusiness.
Aug. 9, 2016

What should I read to educate myself before coming up with a plan to start a business? [R]

3 years, 1 month agoalexandr202 posted submission on Entrepreneur.
July 31, 2016

I just read The Four-Hour Workweek and I'm convinced that I would like to turn some of my ideas into a business of some sort. The book had lots of good info (as far as I can tell) but sometimes felt too, I don't know, gimmicky. Kind of in the way that a "get rich quick" scheme is, although this book did not suggest that you could get rich quick.

So what should I read in order to properly educate myself on starting a small business (or businesses)?

3 years, 1 month agoalexandr202 posted on Entrepreneur.
July 31, 2016

Not a book, but great resource to vet out a business plan: Lean Canvas

Books:
1. Lean Startup
2. Zero to One
3. E-Myth Revisited

Lean Startup for sure, as it relates to small, lifestyle or scalable business. Zero to One is a phenomenal book by one of the Paypal Founders, but is geared a bit to tech startups. E-Myth if you are starting more of a small business, as opposed to tech startup.

"You only ever experience two emotions: euphoria and terror. And I find that lack of sleep enhances them both.”
― Ben Horowitz

Excited for you venturing into your own business! Kick ass!

Off-Topic: How can I analyze the commercial feasibility of my independent projects? [R]

3 years, 2 months agoYuleTideCamel posted submission on learnprogramming.
June 21, 2016

I got my job, I got my fun little hobby coding and then there are the serious-ish side projects that I hope to commercialize.

But how am I supposed to know whether the product will work? Well, of course it's up to how well it's made, does it solve a real problem and pretty much just luck. But there must be something I can do to not keep going towards a dead end.

But I'm not trying to get rich quick, I would simply like to make the lives of others easier. Be it through some app or website or whatever. The point is, I don't want to solve problems that don't exist. I've only gotten here after numerous failures, so want to learn a systematic approach to analyzing commercial feasibility of a project.

3 years, 2 months agoYuleTideCamel posted on learnprogramming.
June 21, 2016

Read The Lean Startup

I've been part of a few startups and was heavily invested in that world. The thing to understand is that your goal at first is to validate that people will use your idea (and hopefully pay for it).

You need to identify what your strategy is , are you trying to get users to pay you, or are you going for an acquisition (which is ok too).

>how am I supposed to know whether the product will work?

Talk to as many people as possible about the idea, share it with others. A lot of folks like to build in isolation , protecting their secret. That rarely works. you want to get the concept in front of people to validate your thoughts. Don't worry about others stealing your idea, that rarely happens.

In the book, they talk about running tests to validate your assumption. What is the cheapest (and fastest) way to get something for people to see . For example drop box had a video outlinging their product and a sign up form. They had a ton of people give them their emails and that validated that they were on to something. They didn't even have a working version at that point.

Another approach is to build an MVP, a minimal viable product. Basically a small working version of your idea. Don't worry about scaling, or best practices here. Just write code quicky to get an idea out.

Should I start an online shaving soap sampling service? [R]

3 years, 3 months agoJune 16, 2016

Buying an entire bar of soap that you may not even like is a hassle. It would be good for many to be able to try as many different soaps as they can before they pull the trigger on the right one.

I'm thinking for $10, my clients would get half an oz sample of 4 different soaps. The client has the option of choosing the soaps they want to receive or getting a mystery box.

I might include blades, and cologne samples as a bonus too.

Would this be a good idea? Do you any of you fellow entrepneurs have any advice? Should I start a kickstarter?

3 years, 3 months agoJaybeann posted on wicked_edge.
June 17, 2016

From more of an entrepreneurial view and less of a shaving view, I highly recommend going for a lean startup. Get a very basic minimal product out there and let it morph as the business grows. If you start a business fully planned, then you're moving too slow. I highly recommend acquiring a copy of The Lean Startup and reading it. If you decide not to go with an idea, such as a subscription service, don't completely throw out the idea, but file it with your ideas for future expansion. That's my 2 cents.

Business is down for the first time and I'm wondering if the economy is starting to falter? [R]

3 years, 4 months agoMay 5, 2016

I own a nationwide service business that has grown 25-35% every year since we started in 2010. This year we are flat for the first time. April 2016 was 12% lower than April 2015 and I'm getting concerned.

Some of our existing customers have used us less compared to last year and I've yet to reach out to them to find out why. Our leads are up 20% YOY, which a positive sign.

One of our big verticals is home improvement and construction companies, which are sure to feel a pinch when the economy turns. About 30% of our business is in this sector.

Is anyone else noticing a slowdown?

3 years, 4 months agobeley posted on smallbusiness.
May 5, 2016

I started an e-commerce company right before the dot-com crash (we launched in 2000) so I feel you.

As for what metrics to track, it really depends on your specific industry and how you run your business. If you can't get your books and CRM to talk to each other (odd since they're by the same company) I'm sure you could export data and crunch numbers in Excel.

Since you work off leads I would dig down to try to find data on some of the following questions:

  • What was the average time to close a lead April 2015? Did it increase or decrease in April 2016?
  • How do you track leads? Is it effective and accurate?
  • How do you qualify leads? Could it be possible that even though you're getting 20% more leads, the quality of the leads has gone down? Look at the source of the leads (marketing, search engines, sales calls) and see if something has changed in your targeting, marketing, audience, etc that correlates to the change.
  • Do some research into your customer trends. Create segments for customers that generate $25-50k profit a year and for those that generate < $5k profit. Look at the differences between the two. Are the # of leads in the 2nd group increasing and the 1st decreasing? Why? Make changes to target efforts on leads in the 1st group.

Those are just some thoughts off the top of my head. As for resources, you might get some value out of reading The Lean Startup and Marketing Metrics.

Issue with unproductive cofounder [R]

3 years, 4 months agobeley posted submission on startups.
April 25, 2016

(throwaway for obvious reasons :)

Hello everybody,

I am one of three cofounders in a small startup.

One of the co-founder, responsible for marketing, has always had (in my opinion) very low quantifiable results, and I've been silently dissatisfied with her work since we've launched 8 months ago. Given that I'm no marketing expert myself, and in order to keep the spirits high, I've never really raised the issue of her results and - in my opinion only - lack of expertise and direction in her field. I gave her the benefit of the doubt.

Recently, in order to understand a bit better what was going on, I started to look over her shoulder. And here comes the shock: google calendar, gmail, linkedin, facebook, a powerpoint document that she never writes anything in, incessant tab switching....the classic "office procrastinator" desktop screen. It's been three weeks that I "monitor" her, and it's really depressing to see. Depressing, but also not acceptable.

She's very touchy about her work, but I need to raise this issue with her. I don't know what's the right approach here.

Has anyone been confronted with an unproductive/uncommited co-founder? How did you fix it without parting ways and without ruining the atmosphere? How to tell someone "You're doing a shit job and you need to step up" while being at an equal share/equal level in the company?

Thanks,

3 years, 4 months agobeley posted on startups.
April 25, 2016

Have you read The Lean Startup? It goes in depth on which marketing metrics you need to be tracking. It sounds like your "marketing" co-founder is really talking more about "branding" - awareness, ambassadors, etc. Those are great, but they're hard to measure. You need KPI's (key performance indicators) that are measurable.

Accountability is critically important in a startup and whether you're selling a physical product, digital product, content, app, or something else, one of the greatest benefits about starting a business today is that almost everything is measurable.

You should not be leaving these actionable metrics up to the CMO, these should be decided as a team by the co-founders and your board. What are the most important actions for your startup? For a SaaS app they might be free trial signups, paid customer conversions, user churn and average logins per day. Something like that. For retail e-commerce the metrics might be conversion rate, # unique visitors, cost per customer acquisition, etc.

You should all decide what's important, then find out where the numbers are right now and where they need to be next week, next month, next year. That's what you hold the CMO accountable for... hitting those milestones.

Then if she still doesn't perform, fire her and hire someone who can.

I'm 15, Broke and have way to many ideas. [R]

3 years, 6 months agoFit-for-Battle posted submission on Entrepreneurs.
Feb. 24, 2016

Honestly the title says it all, I'm just a kid with ideas and no capital.

3 years, 5 months agoFit-for-Battle posted on Entrepreneurs.
March 31, 2016

Start reading lots of books about business, learn from people who have done it before! I've read heaps of books which have changed the direction of my life a particular 2 were there http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898 and http://www.amazon.com/The-Millionaire-Fastlane-Wealth-Lifetime/dp/0984358102

Making the plunge; need advice/accountability [R]

3 years, 6 months agoMarch 17, 2016

[deleted]

3 years, 6 months agomescalito2 posted on Entrepreneur.
March 17, 2016

I love this part "My principle market are people who don't like the idea of drinking energy drinks, but may feel low on energy on occasion" as I felt identify with you product. I can see the market is crowded so you need to a differentiation to make your product more attractive. What ideas do you have to show your product in front of consumers eyes balls? My advice is to build your marketing strategy before spending time in technology. I'm also a CS with management/strategy skills and after many years on this business I came to realized that marketing is key. I advice you to read The Lean StartUp: http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898 Good luck! let me know if u want/need advice, I'll be happy to help ;)

Is there a good process or guide for researching a new business? [R]

3 years, 6 months agoMarch 4, 2016

[deleted]

3 years, 6 months agodutkas posted on Entrepreneur.
March 4, 2016

Couple Suggestions:

  1. Shopify https://www.shopify.com/blog/15153597-5-strategies-to-validate-your-product-ideas

I love shopify regardless if you do e-commerce or not. Really great content and tons of value highly recommend. The article i linked is but one of many good ones.

  1. Lean Startup by Eric Ries. http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898

He talks a lot about Product Market Fit (PMF) and how to get there asap for entrepreneurs. I'd recommend at least checking out some youtube videos about PMF and other variations of the idea as far as validating your idea/approach.

Find traction before you commit to your project [R]

3 years, 7 months agoFeb. 10, 2016

I remember listening to the words of a lean startup chap who described the time he spent 6 months creating a wonderful over-engineered product, which no-one wanted. He was now a serial entrepreneur who started multiple companies and sold them off.

It was an epiphany as at that time found myself in the same situation. 6 months work - no traction - feedback from customers was lukewarm at best. I realised I had done it wrong - though I had no idea at the time what was right.

The upshot (at least for me was) - find your traction first, then spend the time. This might mean finding someone who wants software built - and will commit to it - before you leave your company. Or it might mean putting out lots of fishhooks and A/B testing the concepts before you spend any real time on it.

A very useful link I found, which I think might be of use to some of you, is here

Remember - many salespeople work on statistics of 10% success. You might need to try 10 things before you find one which actually makes you the money you're after. IMO - It's better to spend a minimal amount of time on those 10 things, find what works the best, then focus on that.

3 years, 7 months agoUnapologeticalyAlive posted on Entrepreneur.
Feb. 10, 2016

Check out The Lean Startup by Eric Ries if you haven't already. The thesis of the book is basically what you just said.

A Minimum Viable Product Is Not a Product, It’s a Process [R]

3 years, 7 months agobrikis98 posted submission on startups.
Jan. 22, 2016

The Macro - Yevgeniy (Jim) Brikman; Article Link

“You know that old saw about a plane flying from California to Hawaii being off course 99% of the time—but constantly correcting? The same is true of successful startups—except they may start out heading toward Alaska.” —-Evan Williams

It’s the same story again and again. First, a team comes up with an idea. Next, they build a minimum viable product (MVP) as a proof of concept, spending a lot of time arguing about which features to include or exclude from the MVP. Finally, if the MVP works well, they plan on building the full, mature, stable product.

So what’s wrong with this picture? Why does it all go wrong for so many startups?

The problem is that these teams do not understand the point of an MVP. An MVP is not just a product with half of the features chopped out, or a way to get the product out the door a little earlier. In fact, the MVP doesn’t have to be a product at all. And it’s not something you build only once, and then consider the job done.

How founders think an MVP will work An MVP is a process that you repeat over and over again: Identify your riskiest assumption, find the smallest possible experiment to test that assumption, and use the results of the experiment to course correct.

When you build a product, you make many assumptions. You assume you know what users are looking for, how the design should work, what marketing strategy to use, what architecture will work most efficiently, which monetization strategy will make it sustainable, and which laws and regulations you have to comply with. No matter how good you are, some of your assumptions will be wrong. The problem is, you don’t know which ones. 1.

In a post-mortem of more than 100 startups, CB Insights found that the number one cause of startup failure (42% of the time) was “no market need.” Nearly half of these startups spent months or even years building a product before they found out that they were wrong in their most central assumption: that someone was interested in that product in the first place.

The only way to find that out—the only way to test your assumptions—is to put your product in front of real users as quickly as possible. And when you do, you will often find that you have to go back to the drawing board. In fact, you’ll have to go back to the drawing board not just once, but over and over again.

How an MVP actually works This is not unique to product development. When you’re writing a book or an essay, you have to produce many drafts and spend lots of time editing. And when you’re writing code, you frequently have to refactor or even rewrite the code. 2. Every creative human endeavor requires an enormous amount of trial-and-error.

In a trial-and-error world, the one who can find errors the fastest wins. Some people call this philosophy “fail fast.” At TripAdvisor, we called it “Speed Wins.” Eric Ries called it Lean. Kent Beck and other programmers called it Agile. Whatever you call it, the point is to find out which of your assumptions are wrong by getting feedback on your product from real users as quickly as possible.

Whether you’re building a product, writing code, or coming up with a marketing plan, you should always be asking yourself two questions:

What is my riskiest assumption? What is the smallest experiment I can do to test this assumption? MVP-as-a-process, in action

Let’s go through an example.

You decide to build a product that allows restaurant owners to create a mobile app for their restaurants in just a few clicks. It’ll have a simple drag and drop interface, a bunch of pre-built templates, an events calendar, newsletter, check-ins, photo galleries, real-time chat, integration with review sites, social networks, and Google Maps. And most importantly, it’ll offer a way to make reservations, place take-out orders, and use coupons, from which you’ll take a small cut as a way to monetize your product. This is going to be awesome!

You find a few friends to join you as co-founders and, if you’re a typical startup team, you’ll raise some money, lock yourselves in a room for 12 months, and try to build all these features. If you’re slightly more savvy, you’ll cut a few features that aren’t essential for the first launch, so you’ll be able to launch your “MVP” in 8 months instead of 12.

And in both cases, you’re most likely going to fail.

Why? Well, consider how many assumptions you’re making that could turn out to be disastrously wrong:

You spend months figuring out how to launch custom mobile apps for your clients, only to find out that what a restaurant owner really wants is a mobile-optimized website that’s easy to find on Google. Or, after using all the latest technologies to build real-time chat, you find out that restaurant owners can barely deal with email and don’t want to sit at a computer all day. Or, worst of all, you might find out that restaurant owners don’t want the hassle of dealing with technology and maintaining mobile apps and have no interest in using your product in the first place. Waiting months to discover these critical flaws is too long. At best, losing that much time is an enormous waste, and at worst, it’ll put your company out of business. In the words of Peter Drucker, “There is surely nothing quite so useless as doing with great efficiency what should not be done at all.”

Let’s try the MVP-as-a-process approach and see if we can do better. We will build the product incrementally, at each stage asking:

What is my riskiest assumption? What is the smallest experiment I can do to test this assumption? At the very beginning, the riskiest assumption is probably that restaurant owners want to create mobile apps.

Therefore, the very first MVP could be a mockup of such a mobile app-maybe even one you did on the back of a restaurant napkin (how fitting!) Go around to restaurant owners in your neighborhood and ask them what problems they have with technology. Do they have a mobile app already? If not, why not? Do they want one? How tech savvy are they? Do they understand the benefits? Show them your mockup. Find out if that would be a good solution to their problems.

You might find out there is not enough interest from restaurant owners to make this a viable business. That’s a shame, but the good news is that all it cost you was a few hours of conversation instead of months of development. On the other hand, you might find out that restaurant owners are interested not in mobile apps, but in easy-to-create websites. That’s progress!

But you’re not done yet. Now you must repeat the process to build your next MVP.

What is your riskiest assumption? At this point, it’s probably that the restaurant owners would actually be willing to pay for such a website. What’s the smallest experiment to test this assumption? One idea for the next MVP may be to create static websites by hand for a few of the restaurant owners who expressed interest and see how they respond 3.. Do they like it? Are they impressed that the website is already done? How much would they pay to have such a site launched today?

Perhaps, when faced with the immediate prospect of spending money, you’ll find out the restaurant owners aren’t actually that interested. Well, good thing you learned this from just a few days of work instead of wasting months of development.

Or perhaps you’ll find out they are willing to pay. So you accept the payment for a few months of service by cash or check (so you don’t waste lots of time building a billing system), launch their sites, and ask them to email you if they need to update any of the website info. Yes, this involves a lot of manual effort on your part. No, this won’t scale if the number of customers grows. But when you’re a tiny startup, do not be afraid to do things that don’t scale. Scaling is a good problem to have, as it means you’ve built something worth scaling.

But in the meantime, you need to repeat the MVP process one more time.

What is your riskiest assumption? At this point it might be that your marketing strategy works. You can’t go around in-person to every restaurant in the world. What is the smallest experiment you can do to test this assumption? Your MVP could be a landing page that describes what your product will do, shows off the restaurant websites you built by hand earlier, and lets visitors provide their email address if they are interested in hearing more when you launch. You can then buy a few hundred dollars of ads on Google, Facebook, Twitter, or LinkedIn to drive traffic to your landing page and see what happens 4..

If potential users won’t even give you their email address, then they probably aren’t going to give you any money either. It’s much easier to discover this by tweaking some text and a few images on a landing page than by rewriting thousands of lines of code in the full product! The earlier you can find errors, the less time wasted on building the wrong thing.

This, in a nutshell, is the MVP process. Whether you’re developing a product design, marketing plan, or writing code, always ask:

What is my riskiest assumption? What is the smallest experiment I can do to test this assumption? Yevgeniy (Jim) Brikman is the author of Hello, Startup and the founder of Atomic Squirrel, a company that specializes in helping new startups get off the ground. Previously, he spent more than a decade at LinkedIn, TripAdvisor, Cisco Systems, and Thomson Financial. He has a BS and Masters in Computer Science from Cornell University.

3 years, 7 months agobrikis98 posted on startups.
Jan. 23, 2016

The "official" definition (if there can be one for a term that has become so ubiquitous) comes from Eric Ries' book, The Lean Startup:

> An MVP is a version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort.

A "version of a new product" doesn't have to be a product. The classic example of an MVP that Eric Ries uses is the explainer video Drew Houston created for DropBox before building the actual product. The video worked as an MVP by helping Houston test his assumptions, but I don't think you could say the video itself was a "product."

Episode 12: Crucial Skills: The Scientific Method (as it applies to you) [R]

3 years, 8 months agorainaramsay posted submission on HowToLifePodcast.
Jan. 3, 2016
3 years, 8 months agorainaramsay posted on HowToLifePodcast.
Jan. 3, 2016

This is basically just a summary of the Lean Startup concept by Eric Ries. You can check out the web forum or find the book

How to Get a 4.0 GPA and Better Grades, by a Harvard alum [R]

3 years, 8 months agoprepscholar posted submission on teenagers.
Dec. 31, 2015

[removed]

3 years, 8 months agoprepscholar posted on teenagers.
Jan. 1, 2016

That's awesome. You have skills that are super relevant in today's age and will prepare you to have a big impact in your career.

What will be most meaningful is if you can create something of value to people in a demonstrable way - in your arena the natural idea is an app. Just creating things by itself is impressive, but even more impressive is if people actually find it useful and you can point to something as proof (eg number of downloads, metrics on usage)

So I would encourage you to think: what can I create that will solve a real problem that people will care about? What do I wish I had that doesn't exist yet? Then you go from there.

One of the best books you can read on how to achieve this is [Lean Startup] (http://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898/), which will give you incredibly useful advice about how to test whether your idea is viable and push you to prototyping faster.

The most important advice I can give you is, don't be afraid of shipping. As a first time creator you will be so scared about getting a bad reception that you spin your wheels adding features or perfecting the app. Resist this temptation - the app will never be as good as you want it to be. Ship early (what Lean Startup says is the "minimum viable product") and get feedback on how you need to improve as fast as you can.

How to come up with profitable App ideas and monetize Apps [LF business course or tutorial] [R]

3 years, 8 months agoYuleTideCamel posted submission on learnprogramming.
Dec. 25, 2015

Hello. Being a CS student with no business knowledge, how do I learn of all the possible ways to make money with an App that you code alone or in a really small group?

How do I learn what strategies (payment, advertisement, affiliate marketing for someone else or whatever) exist, how do I predict how much they could earn me, where do I find the business partners and how do implement the ads etc without violating Playstore/Appstore rules?

You can also guide me to a subreddit/forum if this question doesnt fit in here.

3 years, 8 months agoYuleTideCamel posted on learnprogramming.
Dec. 25, 2015

For the business side of things go look at /r/Entreprenuer

I've worked in the Silicon Beach startup scene and I know several startup founders. Some of which who built , launched and sold successful companies. Here's the advice I've always heard:

  • Read The Lean Startup. Realize that to be truly profitable you are building a business, not just an app. That's an important distinction. A point emphasized in the book is to not build what you want, but to build what you think people will pay you for. The way to do that is via a series of experiments and building an MVP (minimum viable product), the smallest thing you can do to get feedback.

  • Read the beginners guide to startups

  • If you have an idea, talk to EVERYONE at it. Too many times developers like to hide in a cave and build something thinking if they talk someone will steal it. What you get if you do that is a product only you like without any feedback from the community. Instead talk to people, share the concept, see what they like, what they don't like.

  • Go to as many developer centric events in your area. Including those outside your university. Get to know the local dev scene. Network with people working on startups. Hell go to hackathons and just build something for fun. Being deeply invested in the tech scene in your area will open doors and connections.

Lastly, do realize that all this is hard work. If your goal is to make money easily, it's actually easier to graduate and spend 1-3 years working as a junior and move up with a "normal" job. Most good programmers with a CS degree and a few years of experience have no problem making a 6 figure salary (depending on location, etc).

I'm not trying to dissuade you, building the next big app is exciting and can pay off huge. Just saying it's a lot of work and it's not about building an app, to make money you have to build a business.

Question about content marketing... [R]

3 years, 9 months agodennisrieves posted submission on startups.
Dec. 14, 2015

I have 260 articles started/done with so far and have 26 or so posted.

Google ranks on change and the actual content I have read. I imagine dumping all 260 articles on the site in 2 months would probably not be the way to go if I want to get a good ranking. However I could be wrong.

I would like to know what is the best way to distribute or post my content to my site to have a good increase in readership and ranking. I imagine readership and ranking somewhat go together but are not the same.

There has been a lot of talk on how to post and I know that there is a frequency to it and to do it during the week. If there is a great guide on this, that would be excellent to have a link to.

Thoughts on how to do this?

3 years, 9 months agodennisrieves posted on startups.
Dec. 15, 2015

1) Identify how you're going to measure success 2) Tune your content by setting up experiments (learn startup principles) and learning from the data you gathered in step 1 by measuring 3) Keep that data on hand for future reference 4) Track overall metrics while you're doing all this to see what effects your business' bottom line the best 5) Push yourself through the experimentation loop as quickly as possible. That will be key to learning more quickly than your competitors. And who doesn't like having an edge that your competitors don't? I highly suggest reading The Learning Startup ( http://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898) by Eric Ries if you haven't yet. It gives amazing insight on how exactly to measure the effectiveness of basically any business action or venture (as long as you've got the right ideas on how to measure it!)

Today I found out that one of my grade school class mates just won seed funding in college for new startup... [R]

3 years, 9 months agoblood_bender posted submission on startups.
Dec. 3, 2015

I've been working on multiple applications, hoping to get something to fly and take off. I haven't gotten that done, yet. After finding out this person (through posting on social media) taking off, I feel terrible about myself. This person is not technical. Nor are the 2-3 other "co-founders" on that team. Their product has to do with social media too, so it must be related to tech. I don't know too much about their product, but their website was built with some website builder. They are not registered/incorporated. They won some school-led venture program where their idea won 1st (or 2nd) place and they got seed funding.

Needless to say, despite having technical knowledge and building something myself, I feel terrible about myself and wonder if I should just focus on graduating and getting a tech job at a good company, like most other people.

EDIT: I think my post came across as me being jealous. I am not. I'm happy that someone I know could possibly be building the next big thing. I'm just kind of reevaluating my interest in startups in general.

3 years, 9 months agoblood_bender posted on startups.
Dec. 3, 2015

Technical skill has nothing to do with the success of a startup ^(slight ^exaggeration ^but ^still ^mostly ^true.) 99% of startups aren't going to be the unicorn viral apps you hear about (think Snapchat, Instagram) where it grew organically without funding because the app was something magical. Also, seed funding is shockingly "easy" to get, but you need to put effort into pitches, a lot of them, which requires a lot of legwork. I'm sure your friend had to do pitch after pitch after pitch to win a venture contest.

In order for a product to be successful you need someone with a lot of marketing savvy to make it grow natively, and/or someone with a lot of business savvy to be able to pitch to investors (in order to hire someone with marketing savvy). The technology behind it is actually kind of meaningless (as much as I wish that were false -- I say this as a techy who's been in the industry for 7 years). Read Lean Startup, half of the successful startups the author mentions had no technology behind their product before they were validated and funded, including the ones that were technology based!

>I've been working on multiple applications, hoping to get something to fly and take off.

Have you released any of these, or do you find yourself floating from one idea to the other? If the latter, I'd suggest picking one and running all the way with it. This means marketing, growth hacking, physical pitches to individuals or companies, posting it to forums, getting your mom to download your app, whatever! I would say that if you're putting above 75%, hell maybe even 50%, of your effort into building it in place of some of these other things before calling it quits, it's probably not going to work. Worst case scenario, it still fails, but at least you can learn how to do it differently the next time.

That said, I still would focus on graduating at least, but getting a tech job doesn't mean the game is dead yet. I spent the first 7 years of my career at large tech companies saving a ton of money so that I could quit and work on my own ideas for a while without worrying about money. And I learned a lot about real world tech before actually diving into it, so I'm much more efficient than when I had just graduated. Not the path for everyone, but it worked for me.

[Serious] Is it a bad idea to make Indie Game titles with an Indian audience in mind due to piracy? [R]

3 years, 10 months agoDey-see posted submission on india.
Nov. 8, 2015

I was thinking of making a sort of game on Steam with an Indian audience in mind and reasonably price it too. Maybe for ₹200.

But I am worried that it would be a bad idea due to piracy probably ending up causing me to make very little money. I know that piracy in this country is REALLY rampant and the attitude of "Why should I buy when I can get it for free?"

Someone told me that I should make a meaningful multiplayer setting. Hard work though to add that + encryption to make sure that pirates are left out from the multiplayer.

3 years, 10 months agoDey-see posted on india.
Nov. 9, 2015
  1. F2P monetization: ads are one way (flappy bird did this). Another option is what Candy crush/zynga poker/etc. does i.e. make people pay for special powers/features/retries.

  2. Having farsight is good, and important. But not before you have a basic gameplay/target audience/goals figured out.

  3. No idea is a bad idea as long as you know what your goal is. What you need to know is what's the most important things at a certain point of your app's lifecycle. Is it gaining users? Then figure out what excites your audience most.

Here's a good book that applies to games/apps/companies alike: http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898

An idea I'm willing to run with, looking for some direction! [R]

3 years, 11 months agobrikis98 posted submission on startups.
Sept. 26, 2015

Hi all, I have an idea for a sharing economy/social network app that I'm willing to put my best effort into that I would like to build. My issue is that I have little experience with the world of Startups and app dev. The beginner resources for startups I've encountered up until now has mostly been with a very business-oriented approach with a lot of focus on how to maximize profits and get investors, etc... The thing is, I'm quite comfortable where I am and I'm not looking to make money off of my idea but nor do I have unlimited resources to hire anyone to do it for me. So far I have made a mock-up of the vision I have for the app, and am looking for perhaps some guidance in where to take it from there or what are some good next steps or whether or not it's even reasonable to try to build an app with very little monetary resources. Thanks!

3 years, 11 months agobrikis98 posted on startups.
Sept. 26, 2015

It sounds like you've identified a problem. The fact that you have a mockup suggests you also have an idea for a solution. Both of these are good.

The next step is to validate the problem and solution. That is, your goal is to find real customers who (a) have that problem and (b) are willing to pay for your solution. You want to know that there is a market for this product before you invest a lot of time and money in building it. Or, to put it another way, if you can’t find ten people who say they’ll buy it, your company is bullshit.

The general process is known as customer validation (see The Four Steps to the Epiphany) and it typically involves showing potential customers a Minimum Viable Product (see The Lean Startup) or MVP. Note that the MVP isn't necessarily a product: at the stage you're at, a design mockup, landing page, video, or Kickstarter campaign may be enough to show that an idea is viable (see The Ultimate Guide to Minimum Viable Products).

For more info on how to launch a startup idea, check out The Startup Checklist and Hello, Startup. Full disclaimer: I created both of these and they are designed specifically to help people like you, who have an idea and are trying to figure out what to do next.

Wife and I starting a small, online-based pet supply company. Looking for financial/tax/misc. advice. [R]

3 years, 12 months agobeley posted submission on smallbusiness.
Sept. 21, 2015

Hi Reddit! I was referred to this subreddit by the mods in /r/personalfinance. So my wife and I both have steady full-time jobs with a combined annual income of ~$100k so this will be more of a supplemental/recreational income venture at least initially. Basically what I am asking is what do I need to know about the legalities of starting a company. The structure is fully online for the time being, with payments to be processed through PayPal. I just want to make sure I don't accidentally make any legal mistakes financially and that I'm not overpaying on taxes or anything. Basically anything you think might be helpful. Thank you for your help!!

3 years, 11 months agobeley posted on smallbusiness.
Sept. 21, 2015

Some good advice here already, but I'd just like to add a few tips... things I wish someone had told me when I started an online business (over 15 years ago... man I feel old).

Start off with good accounting software... it's much easier than fumbling through excel spreadsheets or going back through bank statements later. We used Excel for the first several years, then Quickbooks. Now moving to Xero Accounting and it's like a dream come true... so much easier than clunky desktop software from the 90's!

Look into sales tax now. IANAL but sales tax is probably going to be the most complicated legal issue you have to deal with in the early days. Do some research on Google, check out sales tax software providers like Avalara, and then talk to a pro. It'll be worth it to pay for an hour consultation to get it right -- the flip side is having to pay back taxes, penalties, and interest. Ignorance is not an excuse. Ping me if you'd like a recommendation of a sales tax consultant I know a good one.

Keep business and personal finances separate. Someone mentioned opening a business account - definitely do that. Keep your business and personal accounts completely separate. It will make your year end accounting and taxes sooo much easier. If you decide to form an LLC for liability protection, it will also help keep someone from "piercing the corporate veil."

Don't plan for millions, plan for now. When we first got started we rented a big warehouse, put in an expensive phone system and a bunch of computers, bought tons of shelving etc because we knew we were going to be growing like crazy. Needless to say that didn't happen... and that was money that could have been spent on product, on marketing, or on extending our runway. Start small... both in infrastructure and in the product side of things. Prove the market is there... then scale. Keep it lean.

I highly recommend The Lean Startup, The E-Myth Revisited and Financial Intelligence for Entrepreneurs. I don't know what business you're going into but those books will help you regardless.

Wish you and your wife all the best in your new business venture!

What am I doing wrong? [R]

3 years, 12 months agombot3000 posted submission on Entrepreneur.
Sept. 20, 2015

Hello after a while of lurking and learning from you guys I'll like to ask for help from the community. I launched trueconvos.com in august and have had little success but I can't seem to know what am doing wrong.

It's a social network for like-minded people where users who are going through hard times can find other people who've had previous experiences who can help them. I wanted it so that users can share anything without being judged and to people who care and understand. Users can also connect based on their interest.

It took me about a year to build this but I have no background on marketing or how to marrket it. I've bought a couple of fiverr gigs that don't seem to help.

What am I doing wrong? I've thought and thought, nothing. I feel like the vision makes sense but I don't know where to find users. I know my target audience should be people who can be going through tough times like those in relationships but fiverr gigs in social marketing don't seem to help.

Someone please guide me?

3 years, 12 months agombot3000 posted on Entrepreneur.
Sept. 21, 2015

You should read The Lean Startup. I found it to be super helpful.

Any book recommendations? [R]

4 years, 1 month agoppcautomator posted submission on entrepeneur.
Aug. 16, 2015

I realize that I have no one I know who's an entrepreneur. I have no template. I figured I can learn from the best. I'm considering Donald Trumps the art of the deal. Are there other recommendations.

4 years agoppcautomator posted on entrepeneur.
Aug. 28, 2015

Lean Startup from Eric Ries:

http://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898/ref=sr11?ie=UTF8&qid=1440792722&sr=8-1&keywords=lean+startup

How do I make website & app idea reality? [R]

4 years, 1 month ago5ilver8ullet posted submission on Entrepreneur.
Aug. 3, 2015

I have an idea for a website and mobile app that I have a burning desire to create. This would be my first start up and I am not sure where to begin. I know I need a business plan, an investor, a lawyer, and everything else involved with starting a business.

My first question is how do I protect my idea? How do I go about doing that? How can I pitch my idea to investors without the concept being taken? What do I need to show an investor?

Any information that you can provide on how to start a start up would help tremendously. This idea is eating me alive! I know I have seen a post some time ago with great legal advice, but I am unable to locate it now.

Also, how do you know how much you need, etc. How do you know who you can trust? I do not know who I can talk to about this.

Any information you can provide is tremendously appreciated! I have to turn my vision into reality.

4 years, 1 month ago5ilver8ullet posted on Entrepreneur.
Aug. 3, 2015

As others have said, don't worry about someone stealing your idea. Odds are, you already have competition anyway.

> I know I need a business plan, an investor, a lawyer, and everything else involved with starting a business

You don't need any of this yet. What you need is market validation. You need to go out and talk to potential customers of your product or service. Find out if your idea resonates with them. As a general rule, you're looking people to say something like "Yes! Can I buy this now?"

If you're getting the reaction you wanted, build something simple to show more potential customers. It can be a mockup or a bare-bones prototype - anything that gets the idea across, just keep it simple. Then go try to sell it. Depending on your idea, selling in this context could mean getting signups or actually collecting money from them.

If you can't get people interested, figure out what's wrong and try again. And again. And again. Iterate until you've found some small amount of traction or until you've exhausted all your options.

If you're interested in learning more about this process, you should research lean business. There are a ton of resources on the topic, including the now famous book, The Lean Startup, by Eric Ries.

Validating your product. [R]

4 years, 2 months agoconsigncloud posted submission on startups.
July 17, 2015

I'm looking for articles or resources on tips for validating your product before launching. I know some people say the best way to validate a product is begin selling and see if people buy, but I'd like to see other viewpoints as well.

Thanks!

Edit: The reason I would like to validate is because this is a low price item that people could essentially buy for cheaper at the store, as well as in multi-packs. My idea is to sell this low price item at a monthly cost and have the item mailed to them twice a month, avoiding having to pick it up or remember to pick it up (it is a impulse sort of sale at registers). My main strategy will be extreme marketing to create a buzz around my product. This will be very hard but I think a fun "project".

4 years, 1 month agoconsigncloud posted on startups.
July 21, 2015

Slightly longer term advice, but do make a point of reading The Lean Startup by Eric Ries - some amazing advice on product validation. http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898

Other than that, the Growth Hackers website has a load of great resources too. https://growthhackers.com/

Startup books you have to read this summer [R]

4 years, 2 months agoMarcoJHB posted submission on startups.
June 21, 2015

Was looking for a good summer read. Anyone read and recommend any of these? and a tldr for you below.

http://thenextweb.com/insider/2015/06/21/your-2015-guide-to-summer-reading-for-startups/

TLDR

Everybody Writes by Ann Handley

The Product Hunt Manual by Kiki Schirr

Hooked: How to Build Habit-Forming Products by Nir Eyal & Ryan Hoover

The Year without Pants by Scott Berkun

Predictably Irrational by Dan Ariely

Reinventing Organizations by Frederic Laloux

Intercom on Product Management by Intercom

The Art of Stillness by Pico Iyer

The Burned-Out Blogger’s Guide to PR by Jason Kincaid

Remote by David Heinemeier Hansson & Jason Fried

4 years, 2 months agoMarcoJHB posted on startups.
June 21, 2015

Software Venture With Friend: Bad or Good Idea? [R]

4 years, 3 months agoJune 17, 2015

I have a friend who has approached me with the idea of creating an all in one software solutions company. We're both software developers about to graduate from our programs and he is sick of the 9-5 grind at a company and would rather make his own way.

Currently, I am trying to find means of doing small side projects for individuals to make some side cash while I finish up my last semester of class.

Knowing both of our intentions, he is currently devising a scheme to create an "enterprise" application that will be able to be deployed across multiple platforms (eventually): Android, Windows Phone, iOS, Blackberry and Web. He is planning on using a RESTful service to provide the data portion of it in order to push features and data to all applications.

What I am fearful of and hesitant of is he seems to be going buzzword crazy and focusing on making a "brand" and making portfolios of enterprise level applications to get contracts with companies in the future. While this is fine, I feel like he is envisioning something that we won't get to with this application idea he has in mind (a bus application that can run on multiple platforms and support multiple cities). He has delusions of grandeur of trying to build this in mind of supporting "100+ cities" and having it as "a system that we should publish and it sustains itself."

Recently we've gotten into a disagreement about themes, specifically for android. I told him that a cool idea would be making different themes for each city so that it uses that cities colors when the user selects that city to see its bus times etc. He agreed, but wants to do it so that everytime a city is selected it pulls back theme and color information from a REST call because he would rather not create xml theme and resource files for each city when we want to scale it to add more.

In my mind, I'm not sure this is feasible. Is it possible to create android themes from scratch dynamically using data pulled back from a RESTful call? He is under the impression "there would be minimal overhead to it" and to implement "would be very simple. And the logic to handle creation would be less work then creating individual themes". I frankly disagree. My friend is a great guy but when we work on school projects he tends to be very stubborn and not as open to others ideas (myself included) and attempts to simplify by over-complicating or doing things with code that seems to be unnecessary in order to solve simple problems.

My conundrum is this, and the reason for the post and need of advice: should I run from this or stick around and try to make things work with my friend and try to act like the voice of reason? I'm hesitant to leave the opportunity because I don't want to lose out on the chance of making money on the side, as it would be extremely helpful right now. But he is envisioning a company that he will run and I am a little concerned about his design and technology choices in this first "enterprise" start-up application.

Thanks for reading and the advice.

4 years, 3 months agoSituationSoap posted on cscareerquestions.
June 17, 2015

You both desperately need to read The Lean Startup. Arguing over theming a single city while you don't know if you can actually get someone to use and/or pay for this system is a poor use of your time and resources.

As for the larger question: going into business with your friend is OK, as long as you don't mind risking your friendship to do so.

Steve Jobs criticising the music subscription model [R]

4 years, 3 months agoBlenderGuru posted submission on videos.
June 9, 2015
4 years, 3 months agoBlenderGuru posted on videos.
June 10, 2015

Not sure why you're being downvoted. That quote is thrown around way too casually.

People think it means "you don't need to ask customers what they want, because even they don't know". But it's mostly misguided.

Asking the customer is absolutely essential, but you just can't stop there. Yes, if you ask them what they want they'll tell you only what they know, which isn't always the answer. Which is why it's your job to then assess their responses to understand their underlying desires, and then develop a product that solves that.

It's explained thoroughly in The Lean Startup, The Four Steps to Epiphany, What Customers Want and many others.

"I want to build an app", well here's a rough guide addressing common questions and AMA about the process of building an app! [R]

4 years, 4 months agoslccsoccer28 posted submission on Entrepreneur.
May 11, 2015

These day's there's an app for everything, if you're like me you've more than once thought of a great idea for an app. Many people post on this particular subreddit about how to go about making an app and I thought it'd be useful to make a post that covers all basis when it comes to making an app. As a bit of background, I'm a iOS developer that's currently doing some consulting work :)

I want to start by saying that apps aren't cheap, if you've got no coding experience it's going to cost you money and you should only be financially investing in an app if you've done some serious investigating. You need to investigate it as if it was a business, because if you're wanting to make money from it you need to treat it like a business. Be sure to properly validate the idea, ask random people and although having a family member like your idea they're sometimes biased and don't give you the best indication of their thoughts on your app. Apps usually cost upwards of a few thousand dollars so you need to do your homework!

If you do decide to go ahead with your app there's two options going forward, firstly you can learn to program and secondly you can hire a freelancer/find a dev studio.

If you want to learn how to program you need to be in it for the long run, learning to program is a tedious task and takes time and dedication. There's no definite time on "how long it takes to learn to program", everyone learns differently and it takes as long as it takes. If you're wanting to build an app on Android then Java is your language and if iOS is your platform Objective-c or Swift. I highly recommend using as many frameworks as possible and BaaS providers such as Parse (www.parse.com) for your projects in the beginning as they allow for rapid development. Simply google 'iOS app tutorials' or 'Android app development tutorials' and you should be on your way to learning to program.

The second option is hiring someone to do the work. Apps aren't cheap though, although you can get someone in a developing country to do the work for a fraction of the price but I wouldn't recommend it for a large project, if possible contract the work to someone who speaks your native language. Having a native speaker makes contact so much easier and really streamlines the process. Developers (iOS) start at around $40USD an hour but if you're looking for someone really experienced in a certain field this number could easily double/triple. If you decide to find a dev studio then you really want deep pockets, but at the same time you need to fully investigate the app studio.

You can find freelancers on website such as freelancer.com but I would recommend /r/forhire as an alternative. Always be wary and take all measures to verify the person you're dealing with is who they say they are, always break up the payment and set deadlines for features. Make a contract, there's heaps of free templates on the net.

If you're really lucky you might fight a dev to work on a project with you, don't be surprised if a dev doesn't want to work for equity in your "next great app" because there's constantly people approaching developers with these sorts of propositions. As an iOS developer this is how I make money, although sometimes apps can turn out big and a developer in this situation could do pretty well, equity in someone's app doesn't pay the bills.

The path which you choose is completely up to you, if you've got money and you've done the research then by all means contract the work out to a developer. If you don't have any money to invest in an app then start learning to program, one of the greatest resources for me has been www.raywenderlich.com There's endless tutorials on this site and heaps of really basic stuff to get you started.

Get started today, don't wait until tomorrow!

Good luck! Ask me anything about Apps :)

EDIT Here are a few great resources I forgot to mention and other redditors have kindly commented them below! https://itunes.stanford.edu/ - the stanford iOS courses a great, be warned they're pretty fast paced and some general programming knowledge is probably something you want prior to starting this course.

htttps://www.appcoda.com - this is another great source of tutorials similar to raywenderlich!

Thanks to all the people that have helped to answer questions!

4 years, 4 months agoslccsoccer28 posted on Entrepreneur.
May 11, 2015

No, I'm an evangelist for getting shit done. I don't care if it's phonegap or native or a chisel and rock.

(btw, web apps don't need internet access to work. They load from the device and often have local storage)

Here's the thing though, do you think that the entire billion dollar market (or any market) is going to see your app on day 1? or even month 1? or even year 1? No, they won't. The majority of your user base will come after you've established yourself as something useful and worthwhile for them to use. They'll hear about it from somewhere and eventually (keyword eventually) be convinced to use it.

More importantly, your early adopters (1% of 1%) are often the people who get excited by using a new, bleeding edge app they can show their friends. They understand that new apps have bugs and issues and not every company has the resources of Google, Facebook, or another goliath to fix them immediately. What's important is they see personal value in an app (it saves me time, it entertains me, etc) and they see that the people behind it are working to make it better. In the end, the most early adopters recognize that early stage apps are only going to get better.

So now that you've targeted and delivered *some* product, you can start getting feedback on it (early adopters tend to be more vocal in a positive way). You'll get great suggestions, improvements, and ideas that you could have never thought of. You listen, implement, and repeat. All of the sudden have an app that grows in the exact way it's community wants it too. People will forget how your app was "in the beginning" and focus only on what it is now. If switching to a native app is something people find beneficial then it may be worth implementing. If you never hear a complaint about performance (perhaps a rather simple app), then just leave it the way it is.

Now if you think I'm full of shit, I recommend checking out this book (The Lean Startup: http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898). It was an innovator in the field and is now an excellent summary of what many startups (including new apps) try to accomplish. The biggest thing is customers don't know what they want until they have a product in their hands. The sooner you can get a product in customer's hands - the sooner you'll be working towards a viable product.

In the case of apps, webapps are simply a tool that can be used to get a product into as many hands as possible as quickly as possible.

What are your favorite startup books, blogs, and podcasts? [R]

4 years, 4 months agoHarrisonYoung posted submission on startups.
May 2, 2015

I'm a big company guy about to join a startup. I know there will be a culture shock, so I want to start immersing myself now.

What are your favorite books, blogs, and podcasts that cover startups, leading agile development teams, software lifecycle management, mobile app development, etc.?

4 years, 4 months agoHarrisonYoung posted on startups.
May 2, 2015

Always recommend reading the Lean Startup by Eric Ries. At least just skim it. First and foremost book to read as you will learn to live the MVP (minimum viable product) culture.

Besides that, This Week in Startups is an awesome podcast, as well as Mixergy and for fun I also love Radio Lab. Also LeanNews is a great startup/tech newsletter to start off your mornings. (Full disclosure I am the founder of this startup) We are in beta so would love feedback from someone in your position.

As a side note - Do yourself a favor and read Richard Branson's Biography if you haven't. Super inspirational.

Product/Plan Feedback [R]

4 years, 5 months agocodepreneur posted submission on startups.
April 16, 2015

Hi again Reddit,

I previously posted a thread detailing my current situation and desires (Mechanical Engineer with strong computer skills - link to old thread below).

Many of you answered with helpful advice. Two pieces that were repeated were finding something in your workplace you could do better and to make my own product. I was also encouraged to post my ideas instead of being worried others would steal them.

Well while it’s not my company’s shortcoming I found, I remembered how I cannot find a reasonably priced sit stand desk converter (goes on top of pre-existing and often un-removable office furniture). Preferably this converter could go from standing to sitting easily. Most people don't want to stand all day. Current solutions look like “VariDesk” and are expensive and do not leave a lot of surface room for non-computer work.

I believe I could make a much cheaper option, but I am not sure how to proceed. I could in theory produce a small amount of them myself, and as an avid amazon prime user I would love to sell them there, but I am unsure how realistic this is? In my head I see an amazon page where you select which kind of surface shape you would like (L Desk, just keyboard + monitors area, larger surface, etc) but I doubt that is a realistic starting point. Not to mention I do not know the details of getting amazon on board with something like this (I have done some research there but wanted to swing the idea by here first).

Of course you may all just tell me this is a terrible product/method to go about this or that 700 of these already exist and I am wasting my time (if that is the case please provide a link so that I can buy one). All feedback would be greatly appreciated!

Previous thread: http://www.reddit.com/r/Entrepreneur/comments/2yugv1/small_tiny_business_ideas_for_my_skill_set/

I also posted this over at entrepreneur.

4 years, 5 months agocodepreneur posted on startups.
April 16, 2015

http://www.amazon.com/dp/0307887898

I am an engineer, too.

I've done exactly this, and no one got annoyed... maybe a little disappointed, but mostly they were excited that someone was working on solving their problem, and wanted to help.

Edit: You don't have to drive a lot of traffic... You can spend less than $500 on AdWords (even less if you spend time researching keywords and make a very targeted advertisement) to get a sample size that will give you a good indication to pivot or persevere.

Also, if you don't have advertising or sales experience, it is time to get some. Get some books, watch a few videos, and try and sell something... anything. Build a landing page, drive traffic to it, and get someone to buy something that someone else already made that already sells. Get practice.

It's easier than you think, but like anything else... you have to get some hands on experience.

I'm a developer. This pretty much explains what it's like talking with someone about an idea they have for an app. [R]

4 years, 6 months agochance-- posted submission on Entrepreneur.
March 3, 2015

This gif explains what it's like. The best part is when it comes to discussing pay, the expectation is I work for free in exchange for 10% ownership. Anecdotal story: One client was starting up one of those groupon-style sites back when they were all the rage. The partners liquidated their retirement accounts, ran out of money, and offered me a percentage in lieu of payment. During discussions, I found out they spent $25k on attorney fees and god knows how much to travel up and down the east coast to conduct 'market research' on the various cities they wanted to target. Their domain is no longer active.

Nowadays when people ask me to sign an NDA before they tell me about their earth-shattering idea, I share this story and tell them ideas are a dime a dozen, it's all in the execution.

4 years, 6 months agochance-- posted on Entrepreneur.
March 3, 2015

^(This reply got kinda long, sorry)

> in an ideal world, yeah 50-50 is best, but I thought about it.

50/50 has it's own host of issues. What happens when you need cash? What if one of you wants to make a critical decision but the other objects?

Assuming your bootstrapping the startup, you're going to need money and that likely means one or both of you will need to invest. Do you do it at even levels? Let's say you launch and there's enough interest that you need the dev to start pulling more hours. Does he still need to contribute the same as you?

When it comes to decisions, it's natural to assume that you and your partner could work your way through any disagreement. While that may be true, you'll never really know until it matters. It's easy for a person's priorities to shift after going through the grueling process of launching a startup.

> Where I would come in the picture is at the very end when we launch our project and I would deal with sales/marketing, as these our my strengths and not my friends'.

No. Go read (or re-read) The Lean Startup. If you're wearing the hat as the business guy, then there is so much that you will need to do even before you should consider bothering your friend with this.

Before you approach anyone, you should have already verified your idea through surveys, conversations with potential customers, and any other relevant market research. You should have all of that in an easily digestible document or presentation.

While you're doing the research, you should have, at minimum, a splash page that gives a brief overview of the idea, perhaps an explainer video, and most importantly, a way to capture user interest. Those future leads should be considered metrics on your past tests.

Basically, you want to have everything ready as if you're pitching to a n angel or VC investor. The reason for this is simple: you are pitching to an investor. The only difference is that instead of trading money for capital they're trading sweat, blood, tears, a healthy social life, and a lot of sleep. A fringe benefit of pitching to your potential partners this way is that you'll get great experience pitching in a lot less stressful situation.

Once you get someone to partner up, there's still a lot that you will need to do while your co-founder is coding away. You'll need to continue on with the market research. If you're using the "minimal viable product" approach, you should be the one ultimately responsible for navigating pivots and releases.

You should also be cultivating a pre-release userbase. This means kicking out regular newsletters to anyone that subscribes to your landing page, building rapport with relevant bloggers and reports, and chasing potential leads.

If you're bootstrapped (self-funded) and you wait until you release to do any legwork then you've already put yourself in a situation where you're underwater. You'll have bills, your partner will have spent a fair to insane amount of time building the app/SaaS, and absolutely zero positive cashflow. What's more is you won't know that a market really exists or what price you should charge.

How would a new shoe brand do in the market? [R]

4 years, 6 months agoFeb. 24, 2015

[deleted]

4 years, 6 months agopsykocrime posted on MTB.
Feb. 24, 2015

I think that's a complicated question to answer, and it's not one anybody can answer "off the cuff". Launching a new brand in any industry pretty much always involves a lot of preliminary market research, testing, prototyping, etc., before committing to a big production run and a full-on marketing campaign.

If this is just a hypothetical thought exercise, then that's one thing. If you're actually considering launching a shoe brand, there's a TON of stuff to consider. For one, who will manufacture your shoe? Are you going to build/buy a factory? Or will you subcontract the manufacturing? If the latter, can you find a manufacturer who can/will deliver the product to your specifications. Then, once you have a product, you have to deal with distribution - can you get retailers (REI, Dick's Sporting Goods, Performance, Jenson USA, etc.) to carry your product? Can you get your product on the shelf at local bike shops? At Target? Wal-Mart? Do you understand incentives, co-marketing activities, etc?

Going back to the marketing thing... the end question is "is there a market for this product, that is large enough, and will buy this product at a price point, where I can make a profit"? There are many ways to try and answer this, without spending big $$$ up front.. focus groups, surveys, this reddit question, taking pre-orders on a website (for a product that doesn't exist yet), running a Kickstarter campaign, etc.

Some people in the startup world are advocating that pretty much any new company selling a physical product should start out with a Kickstarter campaign to evaluate the market. That could be a great thing to pursue, assuming you have the ability to design and manufacture your shoe(s).

Anyway, a book you might want to read is The Lean Startup by Eric Ries. It's more aimed at software companies, the the ideas around testing, evaluating the market, keeping expenses low initially, etc., can be applied to other industries as well. Also, if you don't have a background in marketing, you might want to pickup a copy of a basic "Marketing 101" textbook and give it a read.

How do you guys design programs? [R]

4 years, 6 months agoAnarchyLime posted submission on learnprogramming.
Feb. 21, 2015

I know everyone has different methods so I'm interested to see what they are. I've never really built up the confidence to design a program that people would use. I've mostly done simple little tools for myself where there is no design and go to town Or school projects. But after reading some of the programmatic programmer and orthogonality pulling out paper and pen and laying out things like UI and database tables structure is probably a good idea.

4 years, 6 months agoAnarchyLime posted on learnprogramming.
Feb. 21, 2015

Check out a book called The Lean Startup. (On phone not sure how to do links. Sry.)

http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898

In a nutshell find the most basic way, from a conceptual standpoint, to solve the problem. It doesn't have to be the most perfect answer. It doesnt even need to a completely technical solition even. This is called your minimum viable product. From there expand out incrementally, frequently testing your solution with your users each step of the way.

Edit: not sure, if your question was targeting problem solving angle or engineering angle.

From the engineering perspective, understanding separation of concerns is huge. Make sure classes and functions address a singular, well defined, hopefully quite small chunk of the solution. Design well thought out interfaces between your components. Employ test driven development strategies.

There is so much more that can be discussed. Plethoras of books to recommend.

How to find profitable ideas [R]

4 years, 7 months agojustjacobmusic posted submission on Entrepreneur.
Feb. 16, 2015

Here's what has worked best for me:

Choose your best idea right now (whatever it is, it doesn't really matter and we all have on) -> start executing on it however you can -> Notice the most annoying things you find while doing this. -> See if there are solutions to these problems. -> Check google for potentially profitable keywords related to these problem/solutions -> Pursue the ones that are cheap, and easy for YOU to execute on with the resources and knowledge you have now.

This is pretty much exactly how I came up with one of my more successful projects: MyAppTemplates.com

4 years, 7 months agojustjacobmusic posted on Entrepreneur.
Feb. 16, 2015

> It seems to teach the overview of the market more than customer development, which what you posted seems to do a good job of.

That's certainly one strength Blank brings to the table, but there are a lot of other resources there, too. Most importantly, Blank's course teaches a method for how to begin from pretty much any idea you want to pursue and progressively develop that into something actually profitable. This is based not only on the ten actual companies that Blank launched, but on the material his students created, such as Eric Reis's Lean Startup approach, and the material other innovators in the startup space have created, like Alexander Osterwalder's Business Model Canvas.

If you want to learn about one guy's opinion on how to develop ideas for businesses, I guess Green's course might be useful. But if you want to learn how to take basically any idea and develop that into an actual business based on what career entrepreneurs have learned in practice, forget about Green and go with Blank and his ilk. The last thing you want to do is unlearn a bunch of not particularly useful ideas from people who aren't actively doing the thing they are trying to teach you how to do. Also, if you really enjoy lectures, than you should definitely check out the "How To Start a Startup" series by the guys at Y Combinator.

4 years, 7 months agoFeb. 11, 2015

[deleted]

4 years, 7 months agotomgs posted on startups.
Feb. 11, 2015

Lean Startup by Eric Ries

Also, not business-wise, but marketing-wise - Growth Hackers

Keys to avoiding "Frankenstein software", or achieving a decent development process in a small startup. [R]

4 years, 7 months agowouterla posted submission on softwaredevelopment.
Feb. 9, 2015

I'm currently working on a fairly small startup, half of the team belongs to engineering and the other half is administrative and project management.

In our particular case PM's are the ones defining new product functionalities, since none of them have experience in software development they think building a product is as simple as just making a website.

This leads to bad estimations since they think that whatever functionality they come up with is simple to implement. I understand in such an early stage of a company it's hard to know where the product is headed to... If it's hard for an engineer to program this way, it's much harder for non-engineering folk to come up with new features in a decent manner moreso in our case since they have experience in "digital agencies" not in tech companies.

In the engineering side this leads to what is called as "frankenstein software", in which due to the lack of planning ahead the team just ends up stitching together modules and in the end the development process is tremendously inefficient.

I need to fix this in my team, I want to help non-engineering people know how to design features, how should they think of features and how they should approach the process of software development. To help them that there are "ideas" and "concepts" behind our code base.

The best book for bridging this gap for me has been "The Mythical Man Month" but only very few chapters have been helpful.

This is the reason why I'm posting, I want to hear input from engineering and non-engineering folk. If you have any resources, essays, articles that could help my team I would appreciate them. And of course I would love to hear about anyone else that went through this process.

4 years, 7 months agowouterla posted on softwaredevelopment.
Feb. 9, 2015

If you're in a start-up environment you cannot afford to be slowed down in this way by siloes in the company. That is a sure way to fail. Startups depend on the close cooperation between business and development to be able to react quickly to changing marked circumstances.

I'd try to start by discussing the goals of features with the development team and the PMs together. The goals, as in: 'we see we are losing 60% of visitors in this part of our funnel, and think that implementing a feature such as X could help improve that'. This will focus the discussion on generating options to improve what needs to be improved, help get development expertise involved in defining new features, and help limit scope to what is actually needed to improve.

You'll also have to be a little clearer/insist more on some mutual respect. Development teams provide the estimates, not the PM. If you don't do the work, you can't promise anything about when it will be finished.

If you like, there's some books that discuss good ways of developing a (tech) startup in the Lean Startup, and more specifically for developing a product in Lean UX.

Any way to protect an idea I may present to my employer? [R]

4 years, 7 months agoFeb. 8, 2015

[deleted]

4 years, 7 months agotyronomo posted on startups.
Feb. 8, 2015

My guess for the 1st one 'The lean Startup' http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898

Not sure on the other...

I quit my job to start a company making bike products. Here is the story of my first failure. [R]

4 years, 7 months agotinear10 posted submission on bicycling.
Jan. 29, 2015
4 years, 7 months agotinear10 posted on bicycling.
Jan. 30, 2015

I give this book to anyone who is starting a business or has an idea - [The Lean Startup] (http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898) The book is a must read! It will teach you how to test an idea before you invest a lot of time and money only to learn the idea does not work or there isn't a lot of demand for it.

One idea is to try a Google Adwords campaign for a new idea before it fully exists. Send people to a very simple one-page site where you explain the product. Give them a way to sign up for updates. If no one clicks on your ad then there is either a demand or a targeting problem. If people do click on your ad but don’t sign up for updates then they might not understand what you are going for. This gives you a chance to refine your message too.

The idea is that for less than $100 dollars you can conduct a market test that could save you thousands of dollars and months of your life.

Keep going too! I tried a bunch of stuff before things started to work. Reach out to me if you have any questions. Good luck!

How I started and closed a business in less than 3 months [R]

4 years, 8 months agoJan. 10, 2015

[deleted]

4 years, 8 months agoelsewhereorbust posted on Entrepreneur.
Jan. 11, 2015

OP,
Calm down. Like you say, it was a learning experience and it seems a good one at that.
To everyone else's defence, when you can drop terms like "profit margin," "overhead" and "markup," it doesn't grant you business expertise. Or at the least, it doesn't impress this subreddit.
Instead it makes it sounds like you took a Business 101 class.
More telling was the new phone and business cards. These are, at best, things you need after a first client (proof you have a "business").
But when you started in on Class A shares and Class B non-voting shares, it made me re-read the first paragraph. I'm thinking "Is this guy doing landscaping, or is prep'ing a visit to a VC?"

You've got drive. That's great. And now you have experience -- from one try. Try again. You'll fail again, and that's cool. Especially cool if you try again.
Best to you and whoever you pair up with next. In the meantime, fill in time with a few books like Lean Startup and Rework.

What book should I read before I write my thesis about online marketing at startups? [R]

4 years, 8 months agowomplify posted submission on marketing.
Jan. 6, 2015

Hi /r/marketing!

I am about to write my thesis about online marketing at startups. I have been working at some startups for more than 3 years now, and I think my experience will help me a lot.

But I also want to add some more background and other opinions beside my own.

What books do you recommend me to read in order to do so?

Thak you all!

4 years, 8 months agowomplify posted on marketing.
Jan. 7, 2015

The Lean Startup by Eric Ries

Our System Is Broken, Almost No Patented Discoveries Ever Get Used [R]

4 years, 8 months agoProductHelperBot posted submission on Futurology.
Jan. 5, 2015
4 years, 8 months agoProductHelperBot posted on Futurology.
Jan. 5, 2015

Based on your comment, you may be interested in this!

<hr />

^^I'm ^^usually ^^comically ^^wrong, ^^but ^^I'm ^^still ^^learning ^^so ^^please ^^bear ^^with ^^me ^^- ^^Product ^^Helper ^^Bot ^^v0.5

I've invested 6 months of my time developing a tech product but my cofounder and I have drastically different values. Should I quit now before I get burned? [R]

4 years, 10 months agoAnalog_Seekrets posted submission on Entrepreneur.
Nov. 19, 2014

A little background - a guy who I used to work for (and trust) approached me 6 months ago with an idea for a web application that targets a non-sexy industry. He would be the CEO/sales/bizdev guy and I would be the developer. It seemed like a really solid idea and something reasonable that I could build. After a week or so of researching competitors and hashing out some other details I decided to start building the product.

Fast forward to 6 months later and we now have a product which I'm fairly proud of. It doesn't have all the bells and whistles that I was hoping for, but I think it's a pretty solid MVP. The only problem is that my cofounder and I have completely different values, and it's really hard for us to see eye to eye.

  • He wants to aggressively pursue patents (even though we haven't made a single doller yet) - I think patents are a huge waste of time and resources and this stage in the business. Plus I don't think our product is super novel to begin with

  • He insists that we continue adding more and more features before we release - I think we should just release the damn thing and see if anybody likes it

  • I think that he should take a more active role in 'product' related activities, like creating mock-ups and performing QA. He thinks we shouldn't bother testing until the product is done!

  • He tends to be very scatter brained with his ideas. This concerns me greatly because he has the domain experience in the industry that we're targeting. I have no experience in this industry and thus have to trust that he has the right vision for this product.

I really don't want to give up but at this point I've lost a lot of faith in the competence of my cofounder and I have a hard time motivating myself to keep working on this product. I feel like our difference in values cannot be reconciled, and I worry that his vision is not focused enough.

Any advice on how to move forward?

4 years, 10 months agoAnalog_Seekrets posted on Entrepreneur.
Nov. 20, 2014

Have him read the The Lean Startup. This backs (most) of your bullet points.

I have $200,000 to develop and launch my app. What is the best company to code it? [R]

4 years, 11 months agoOct. 7, 2014

[deleted]

4 years, 11 months agorace_kerfuffle posted on startups.
Oct. 7, 2014

You should read The Lean Startup by Eric Ries before you waste your money.

Edit: Also I have no idea what an app developing calculator is and there's no way it's correct.

I got a nice piece of advice from the Project Lead of Wasteland 2, I thought you guys would enjoy it. [R]

4 years, 12 months agozsalloum posted submission on gamedev.
Sept. 17, 2014

Preface: Before I talked to him about how I was learning C++ and using Unreal Engine 4 to get my start in development, this is his response.

" It sounds like you're on your way already. As far as advice to get into the industry, I think it all depends on what you want to do. If you're an artist, I'd give one set of advice vs. if you want to design/program games. What worked for me almost 20 years ago is quite different than the current dev landscape. If I were your age with what I know now, I wouldn't go the QA route, but instead spend that time trying to make a game on my own.

No matter what, I'd learn to code and do what you're doing...start creating. The best experience you're going to get is by jumping in and trying things. Once you've learned the basics of logic flow and programming, there are a ton of engines out there to get something up and running. Unity is good as there are resources online if you want to learn how to get a specific feature working.

I'd recommend to start small. Create a small design doc on a single room game idea. Maybe something like a 2D platformer. Don't add more than 5 small features (jumping, opening door, collecting item, double jump etc.). Just by making a small sandbox, you'll learn a ton. If you're using something like Unity and don't know how to make that feature work, ask google. Chances are someone has asked the same question before and there is good reference.

Don't be afraid of failure. I believe that most of what makes a good designer is failure and learning to spot things that did and didn't work in the past. I've made many horrible decisions along the way but each year, the # of bad decisions gets smaller and smaller. It's much more complicated than it looks but you'll learn along the way. If you dive into it now, you'd be a rockstar in 5 years.

Don't worry about the big picture ("I want to make an awesome multiplayer RPG with giant dragon fights where i can lay siege to other peoples castles!"). It's too overwhelming and you'll get burnt. Know where you want to go, but start by making sure each little element is the best it can be (camera zoom feels good, animations for player running are tight and responsive, sfx on sword swing is satisfying and plays at the right time). If you want to build an awesome wall, focus on laying each brick perfectly. The wall will come in time."

EDIT: inXile found this post, hey guys! You should also totally buy their game Wasteland 2 when it comes out today!

4 years, 12 months agozsalloum posted on gamedev.
Sept. 18, 2014

Actually this is the concept of The Lean Startup from Eric Ries cofounder of IMVU

I am doing just like that. will share my experience if I ever make it :):):)

Instant Reply Text Messaging Application [R]

5 years, 1 month agoJuly 29, 2014

[deleted]

5 years, 1 month agomikeyninja posted on kickstarter.
July 30, 2014

You need to read this

What lessons did you learn... the hard way? [R]

5 years, 2 months agoshorterthanrich posted submission on Entrepreneur.
July 8, 2014

As Entrepreneur you have ups and downs. What did you learn during the ups or down?

5 years, 2 months agoshorterthanrich posted on Entrepreneur.
July 9, 2014

Lean Methodology, as described by Eric Reis in The Lean Startup. Helped me find a new product (turned out to be our biggest) and successfully pivot my business within a single week after reading it.

What lessons did you learn... the hard way? [R]

5 years, 2 months agoshorterthanrich posted submission on Entrepreneur.
July 8, 2014

As Entrepreneur you have ups and downs. What did you learn during the ups or down?

5 years, 2 months agoshorterthanrich posted on Entrepreneur.
July 9, 2014

What?! NO. Lean methodology for crying out loud. Read a book. ;) The Lean Startup. Read it - seriously, don't ignore it like I did.

I want my idea to get funded but I'm afraid it might get stolen. [R]

5 years, 4 months agoApril 28, 2014

I'm to designer and I'm currently developing an app to iOS. I have designed visually the entire app, flowmap and functionalities. I got a very well defined business model and I believe with all my heart that my product is going to be great. The thing is I need money to hire a programmer, someone to generate content and rent some servers to support its trafic. But I'm afraid that if I put it on kickstarter the idea might get stolen... And I'm not from the US, so if someone steals my idea I don't even know how could I legally fight back. Does someone here knows what should I do? Have anyone been through this kind of situation?

5 years, 4 months agoluciddreamr posted on Entrepreneur.
April 28, 2014

I would suggest finding a technical co-founder to partner with. Start with your local community and search for high-tech entrepreneurial events. http://www.meetup.com is a great place to find events.

I would also suggest implementing the lean, minimal viable product (MVP) approach created by Eric Ries. The process is an experimentation in order to test your hypothesis with an MVP.

http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898

Alternatively, you could rent the book from your local library or check out his lean methodology in this interview:

http://www.entrepreneuronfire.com/podcast/eric-ries-interview-of-the-lean-start-up-with-john-lee-dumas-of-entrepreneur-on-fire/

If your idea is as great as you think, it should not be difficult finding a technical co-founder who can envision it! Good luck to you!

I've got my "million dollar" idea. Now what? [R]

5 years, 4 months agoApril 23, 2014

[deleted]

5 years, 4 months ago-IntoTheVoid- posted on AskEngineers.
April 23, 2014

Great decision.

Leverage off the shelf products as much as possible. Rough it out, then refine it through iteration. Don't be afraid to hack other commercial products if it saves on development time, and is able to demonstrate functionality.

Shapeways is really good for things like enclosures and prototype parts. It's expensive if you need to print large items, but they print in a variety of materials, and it will result in a professional looking prototype. If ergonomics or mechanical parts are important to the design, buying your own 3D printer might be a worthwhile investment.

While you're working on the prototype, start considering what business strategy you're going to use. I found books like The lean startup helped, and it might change the way you approach the prototyping phase.

Seasoned entrepreneurs: What would do if you had to start fresh and only had $5000? [R]

5 years, 5 months agoohohb posted submission on Entrepreneur.
April 18, 2014

Hi

18 with £10000, how should I get started? [R]

5 years, 5 months agomruck05 posted submission on Entrepreneur.
April 9, 2014

Hi, I just recently turned 18 and will soon have access to £10000 that my parents have saved up over the years. I'll also be starting university this September.

For a long time I've been starting small projects, YouTube channels, programming games, attempting websites and so on. I've had some luck (made about £80 on a YouTube channel with my friends), but not a great deal of success. Only a few months ago did I realize that I started all these projects because I wanted to create something awesome and unique; I wanted to be an entrepreneur without knowing it.

So my question is, what are some smart investments I can make with £10000? I think it might be best to build wealth passively whilst I study at university, but i'm not sure what to invest in. The stock market seems way to complex and risky, I'd rather invest in something I have control over to some degree.

That said, I would like to start a company, i'm just not sure if that would be feasible at university. Do you guys have any ideas what I should do with the money?

tl;dr: I'm 18, I've got £10000, and I don't know how best to invest it.

5 years, 5 months agomruck05 posted on Entrepreneur.
April 10, 2014

You don't need to have a lot of money to start your business. What you need as was already mentioned is the right mindset and a solution to a problem that people are willing to pay for. I love some of these websites and books and recommend giving them a look.

Smart Passive Income

Tropical MBA

The Lean Startup

Tim Ferriss' 4-hour Work Week

The Suitcase Entrepreneur

$100 Startup

I have nothing but an idea; no money, no resources, and no real entrepreneur experience. Where do I even begin? [R]

5 years, 5 months agoApril 1, 2014

[deleted]

5 years, 5 months agoalucardus posted on Entrepreneur.
April 1, 2014

My advice is just start by making a prototype. Do as much as you can by yourself. Then learn what you don't know. You can go to sites like odesk and elance and hire people to do what you can't learn. With 3d printing and other new technology its surprisingly cheap to create a fairly advanced prototype without the aid of a large factory, engineers, or thousands of dollars. Even if it takes you a year to get a prototype assembled your chance of finding investors will go way up having something to show them beyond sketches and ideas.

While your doing this take some time and learn how entrepreneurship works. There are tons of amazing free information out there in the form of blogs, podcasts and ebooks.

Some books that really helped me out when I started learning were $100 startup and The lean Startup. $100 Startup really helped me see what is possible and expand my view of how you can make money. Lean Startup taught me how to test those ideas.

How to define goals for a smoke test? [R]

5 years, 5 months agoBishop341-B posted submission on startups.
March 25, 2014

I work for an internal startup at a public broadcaster. We search for new ways to provide news to 16-18 year olds, something we're not capable of at the moment.

Our first MVP (website + Facebook page + Twitter channel) and feedback sessions taught us that:

  • there's a lot of demand for news
  • our content is good
  • our channels are bad, resulting in a negligible amount of visitors

From further interviews, we learned that instead of a website, a mobile app would be much better to reach them. Before spending money on an app, we want to confirm that insight with a smoke test: a launch page announcing the app and its features with an option to subscribe for a beta-test.

What would be a realistic goal for that smoke test? When would we have succeeded? If we send it out to 1000 people in the target audience, what percentage of responses would be enough to declare success (or failure)? Anything higher than 100% will be convincing enough to get budget for an app, but I wonder if there's a more "scientific" way to measure this.

In all the reading I've done about startups the past months, I find this is the hardest. Any suggestions? What benchmarks do you use?

EDIT: formatting

5 years, 5 months agoBishop341-B posted on startups.
March 25, 2014

Minimum Viable Product: "That version of the product that enables a full turn of the build-measure-learn loop with a minimum amount of effort and the least amount of development time", according to Eric Ries.

Should you wait until you have the whole product ready? [R]

5 years, 6 months agomidnightoillabs posted submission on marketing.
March 17, 2014

We are working on a tool (http://germ.io) that lets ideas evolve into actionable next steps, but that's going to take a while. Instead of making the market wait (and hang on the thread for market fit for another 2 months), we decided to roll out a pre-beta pre-alpha version of germ.io called germ Omega.

Here is the whole story of why we're launching an incomplete product, and how we plan to get from Omega to an actual Beta: http://blog.germ.io/wtfs-an-omega/ ‎ As fellow marketers, wanted to pick your brain on what you think about this approach...

5 years, 6 months agomidnightoillabs posted on marketing.
March 17, 2014

Definitely not.

Have you heard of a minimum viable product (MVP)? The idea is that you be as brutal as you can to put off every feature that isn't absolutely 100% necessary. You don't work on any non-necessary feature until after launch. This achieves two things:

1) You start collecting users as soon as possible. 2) You will find that the features you thought were important are different from what the users want.

If you haven't read The Lean Startup, I highly recommend it. The person who wrote it created the chat program IMVU. He spent months coding the ability to log on from other chat programs because he thought users would demand it. It turned out that users were perfectly happy to log on to a new chat program and he wasted months coding an unnecessary feature.

Knowledge in starting up/business? [R]

5 years, 6 months agosalvadorbriggman posted submission on startups.
March 8, 2014

I'm a teenager student who have alot of freetime on my hands. Are there courses online, specific MIT courses for example? Good guides, articles or any type of media that can provide good knowledge?

Thanks!

5 years, 6 months agosalvadorbriggman posted on startups.
March 8, 2014

Resources:

For me, the best way to learn was to read biographies and stories of successful entrepreneurs. It gives you an idea of how big companies actually start and the founder's approach.

Examples: Losing your virginity (richard branson), Steve Jobs' Biography, Andrew Carnegie's Biography, Rockefeller's Biography, Bill gates, etc.

I would also highly recommend start watching the pandomonthly interviews on youtube. Here's Airbnb's: http://www.youtube.com/watch?v=6yPfxcqEXhE

Any UX Designers of One out there? [R]

5 years, 6 months agoEzili posted submission on userexperience.
March 1, 2014

If you're one - how did you get started in your role? How did you kick off your UX initiatives in a company that had little to no prior UX experience?

5 years, 6 months agoEzili posted on userexperience.
March 2, 2014

No single source. Design has been around for a very long time. Modern UX Design comes out of a few different places, and different schools and different companies and studios have their own slightly different approaches. Of the couple I mentioned:

The IDEO and the Stanford D School has been the major driver for something called Design Thinking which is is framework for creative development. Checkout this: https://dschool.stanford.edu/dgift/ and this: http://designthinkingmovie.com/

Lean Startup is a framework based on work done at Toyota focused on product management but which a lot of UX Design ideas have come out of as well. Checkout this: http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898

and this: http://uxdesign.smashingmagazine.com/2011/03/07/lean-ux-getting-out-of-the-deliverables-business/

Hopefully someday all of her views will be real.. [R]

5 years, 7 months agoFaceDownInThePillow posted submission on AdviceAnimals.
Jan. 28, 2014
5 years, 7 months agoFaceDownInThePillow posted on AdviceAnimals.
Jan. 28, 2014

If she hasn't already, be free to refer her to this well written book. It puts these metrics (such as web traffic) in perspective.

Looking for a Book Recommendation [R]

5 years, 8 months agoacangiano posted submission on Entrepreneur.
Jan. 19, 2014

Are there any books out there that describe the full, detailed process of building a business up from nothing? I'm specifically looking for something along the lines of a tech start up that made it big.

Thanks.

5 years, 8 months agoacangiano posted on Entrepreneur.
Jan. 19, 2014

If you are going to aim big, these two might help:

  1. http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898
  2. http://www.amazon.com/The-Startup-Owners-Manual-Step-By-Step/dp/0984999302

In my experience however the problem is actually doing the work. It's easy to be perpetually trapped in "thinking mode".

Best business idea or startup book? [R]

5 years, 8 months agoshaan_ posted submission on booksuggestions.
Jan. 12, 2014

Looking to create a startup...

I would like to read something that discusses how to come up with great business ideas and how the startup process for a business occurs.

5 years, 8 months agoshaan_ posted on booksuggestions.
Jan. 12, 2014

Not really about the creative process, but The Lean Startup by Eric Ries is good.

[x-post r/entrepenur] - I need to learn a new skill and am looking for info! [R]

5 years, 8 months agoDec. 28, 2013

[deleted]

5 years, 8 months agoYuleTideCamel posted on webdev.
Dec. 28, 2013

In The Lean Startup (which is a very good book btw), Eric Ries talks about trying to get people to intentionally try to give their idea away and it never works. remy is right in that people rarely steal an idea or have the passion that a founder has towards it.

engineers of reddit, what are some intermediate level projects I can do over winter break? [R]

5 years, 9 months agoUmutuku posted submission on AskEngineers.
Dec. 17, 2013

I was wondering if anyone had suggestions on projects i can do over break. I am going into mechanical engineering but also like robotics. I already plan on building a quadcopter through a kit over break. I am looking for something a little more than that because it shouldn't take to long. Does anyone know of any kits or projects that would be fun to play with. Preferably with a price range of $200-

5 years, 9 months agoUmutuku posted on AskEngineers.
Dec. 18, 2013

These are about $100

They come with instructions on how to code and build circuits for a few projects to help you get the hang of it (you could bust them all out in a weekend if you work at it), and have plenty of extra components to start building your own stuff. Arduino is a great platform for doing robotics/mechatronics prototyping (there are plenty of other options, but Arduino's pretty popular so it's easy to find community discussions). I'm using this as the control system for the robotic pizza kitchen startup that I'm building atm, and there are other ME's at my uni using it for stuff like EEG controlled prosthetics, quadrotors, etc.

<hr />

Do pretty much everything available here.

Even if you think you want to do pretty standard mechanical engineering work, knowing how to code and build websites/apps is just a force multiplier for your arsenal of professional skills.

<hr />

Think beyond the kits. Start a business of some sort on the cheap. Find or develop something that you can make for next to nothing and sell it for as much as you can as consistently as you can. If you fuck up then learn from it and don't make the same mistakes again, just pay attention to what's working for you and keep getting better at that. Read this if you get a chance (it's dirt cheap for what you learn from it).

Do anything, it doesn't matter. Your friends may give you a ton of flak for selling pink frilly quilts online in your spare time, but you're the one who gets to flash cash in the club.

Whatever job you end up getting in engineering, if you even stick with engineering, is going to have some growth friction if you don't understand business. It's one thing to know the "best" way to design something, but what's best isn't always what sells, and if you can understand that and learn how to see things from the perspectives of the business people that you're engineering for then you'll have better working relationships and go a lot farther a lot faster.

<hr />

Just focus on being better at you. Don't worry about being the best mechanical engineer. You aren't the job you end up in, you're you in a position of doing that job. Work on being a more understanding, capable, and healthy person and you'll excel at whatever you end up doing. Hit the gym, learn something new everyday, socialize with other people and actually listen to them. If your goal is to do engineering then you're doing it wrong; engineering should be one of many things you do to help you achieve your goals.

I have an idea, I don't know what to do next [R]

5 years, 9 months agoadamf1983 posted submission on startups.
Dec. 2, 2013

I have an App idea that I can see being simple and helpful enough to gain traction. I have no formal programming experience and I do not have a lot of capital to put down (college student).

What steps can I take to realistically make this idea a reality?

5 years, 9 months agoadamf1983 posted on startups.
Dec. 2, 2013

Read The Lean Startup. Can't recommend it highly enough, and I wish I'd read it before I spent a dime on my startup.

Also, either teach yourself to code using one of the many resources out there (e.g. codecademy) or be prepared to pay a developer or give up equity to a partner.

Two versions of my website - which one do you think will convert into sales better? [R]

5 years, 10 months agoNov. 13, 2013

[deleted]

5 years, 10 months agoaquowf posted on startups.
Nov. 13, 2013

No question about this. /u/yearoftherat may be right in that $20 may not be enough money to truly tell, but the premise is dead on. As per The Lean Startup (read it, it really helped me to define how I approach business) - you've got a question about something related to your potential business. You can test it scientifically and figure out with confidence the best course of action. Reis spends a good deal of time talking about the importance of AB testing with websites (among other things).

After many years of traveling on behalf of travelers everywhere, I am finally launching a beta version of my first own project. It's called Yatri and you can sign up for the beta at yatri.launchrock.com! [R]

5 years, 10 months agocoomberlers posted submission on startups.
Oct. 26, 2013

Yatri is your social network travel guide. What if when planning a trip and we could look up places that our friends have been and see what they did while they were there?

We want to create a social network that organizes your photos, checkins and trips in a way that's easily searchable for anyone planning a trip. You can discover where friends, friends of friends and travelers with similar interests have been and what they did.

Sign up for the beta at yatri.launchrock.com and lets hear your thoughts!

5 years, 10 months agocoomberlers posted on startups.
Oct. 28, 2013

I think it sounds like a great idea - but you need to create a better MVP than just a signup page. Something that explains/shows very simply how it would work and what the value is.

I would recommend checking out resources like The Lean Startup and validate, validate, validate.

Good luck!

Moron Monday's! Ask that question that you always thought was too stupid to ask! [R]

6 years agoFeetSlashBirds posted submission on investing.
Sept. 8, 2013

Yes, it's that time again!

Here on r/investing, Moron Monday begins on a Sunday!

What is that question you always felt was too stupid to ask?

Is there a concept or strategy you do not understand and want explained?

What the hell does CANSLIM mean?

Is PEG better than PE?

Is TSLA a good stock to buy? :)

Here on r/investing we will answer all your questions on the topic of investing that you were too embarrassed to ask, no matter how stupid you think they are!

6 years agoFeetSlashBirds posted on investing.
Sept. 8, 2013

I don't know the direct answer to your question but if you want some insight into how some tech companies value themselves (and how they pitch themselves to early investors) then I'd recommend this book (I don't have it on hand so I can't tell you the exact chapter).

It does a great job differentiating between the numbers companies should care about when evaluating themselves and the numbers that are just "vanity metrics" but are often used to fool people (or fool the company managers) into thinking the company is more successful than it actually is.

http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898/ref=sr11?ie=UTF8&qid=1378668378&sr=8-1&keywords=the+lean+startup

We're building a new tool for making wedding websites, and it should be ready in February. Do you think there's a real need for it? Any suggestions that would make it awesome to you? [R]

6 years agotinaSaidYes posted submission on weddingplanning.
Sept. 2, 2013
6 years agotinaSaidYes posted on weddingplanning.
Sept. 3, 2013

First off, I love that you're asking for input from the community. That is very Lean Startup of you. :)

I have used Weebly to build my wedding website. This is both funny and sad as I have done professional web development in the past but alas, I am very lazy (and busy) these days. However, there is one little feature I always thought would be very cool for a wedding website builder: Save the date widget! Check that out. Tell me that isn't an awesome feature for a wedding website? What do you think?

Tunnel Vision [R]

6 years agoFeetSlashBirds posted submission on gamedesign.
Aug. 26, 2013

Hello,

I want to share an experience with you, that may allow you to catch yourself doing it earlier than I did.

I have been working on a video game for a couple of months now, it's a school project.

I started with an idea for a game, which is basically asymmetric cooperative gameplay. I then proceeded to make a prototype, and I found a mechanic which I thought was really cool. I developed that mechanic further, and added more mechanics to work with my initial game idea.

Throughout the development, I have repeatedly found that the mechanic didn't bring much into the game, but I kept telling myself I can make it meaningful later, with some level design or something else. However, this mechanic was constricting the space I was working with, in a way that posed a lot of problems.

To anyone that is interested, here it is: http://materialpoetics.com/Harmony/Harmony.html

The mechanic is rotating the cubes around you with Q+E. Even in this latest version (move with WASD and shoot with arrow keys), the Q+E rotation is meaningless. And this is even before adding the second player.

What should have happened, about a month ago, is a decision. Do I keep with my original idea of asymmetric gameplay, or do I follow this mechanic as a core mechanic, and throw the asymmetric gameplay out the window. I didn't make this decision, and kept trying to force both.

Better late than never, of course. I will make this decision now, and move forward with whichever path I choose.

Hopefully, this will help someone :)

6 years agoFeetSlashBirds posted on gamedesign.
Aug. 26, 2013

This is a common trap for designers ( all designers, not just games/software). When you're making something new you making some several assumptions about what your audience wants to play (or is willing to play), you even make assumptions about who your audience is. You have to validate these assumptions to figure out if you're on the right track.

I would highly recommend this book specifically because it talks about designing ways to validate all of the assumptions you're making about your target audience and the things they want. If you're not careful you can spend months and months working on a product that nobody wants. If nobody wants to play your game then its better for you to figure that our as early in the development cycle as possible. It'll give you a chance to tweak your design or give up and try out your next idea.

http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898/ref=sr11?ie=UTF8&qid=1377410351&sr=8-1&keywords=the+lean+startup

Don't judge the book based on the title. The ideas can be applied to any project.

Hi guys, I’m working on a game concept called “Command or Fight” it’s a FPS+RPG vs. RTS+MOBA-mix and I want to share this concept with you, I hope you like and enjoy it! [R]

6 years agoFeetSlashBirds posted submission on gamedesign.
Aug. 24, 2013

Hi, my name is Heiko Wagner, I’m 24 years old and studied game design in Berlin. I can’t start this project on kickstarter, so I chose startnext.de. The longer version of the video in English is still in progress and will be uploaded soon (like the German one). 7 Fans are left. I would appreciate any feedback and suggestions for improvement. Startnext.de/cof-game

6 years agoFeetSlashBirds posted on gamedesign.
Aug. 25, 2013

Has this concept worked in any other game? I think you're working with something that is waaay too complex for people to get into. You're making some pretty serious assumptions about what your audience wants to play (or is willing to play). If you move forward I would highly recommend this book specifically because it talks about designing ways to validate all of the assumptions you're making about your target audience. If you're not careful you can spend months and months working on a product that nobody wants. If nobody wants to play then its better for you to figure that our as early in the development cycle as possible. It'll give you a chance to tweak your design or give up and try out your next idea.

http://www.amazon.com/The-Lean-Startup-Entrepreneurs-Continuous/dp/0307887898/ref=sr11?ie=UTF8&qid=1377410351&sr=8-1&keywords=the+lean+startup

Games that come to mind with similar mix of styles (none as ambitious as yours)

  • Natural Selection (RTS + FPS)
  • Battlefield 2 (Commander plays RTS, everyone else FPS)
  • Monday Night Combat (MOBA + FPS)
  • Santcum (Tower defense + FPS)

Good luck, IMO you're gonna need it.

Entrepreneurship Books To Read [R]

6 years, 1 month agoalessandroprioni posted submission on Entrepreneur.
Aug. 14, 2013

What is a good book to read for a starting entrepreneur? I need to devote my freetime to something productive... Call of Duty isn't going to start my business for me.

Marketing is not my strong point... [R]

6 years, 3 months agocodepreneur posted submission on startups.
June 5, 2013

Hi guys,

I recently finished some software I'd been working on part time over the last couple of years (though I redesigned from the ground up about a year ago) and now I'm having trouble finding customers, or even visitors!

I realize I've gone about this the wrong way around, first you're supposed to validate your idea by finding the market and potential customers before doing any coding. I get that. But I'm trying to make the most of what work I've done so far.

My problem is getting people to visit the website and sign up for the free trial. I've spent the last few weeks following all the standard advice of creating a social media presence, blogging, adding to directories and so on. I've also contacted maybe 200 business owners via email but so far, no response.

FYI I've created a web application which helps group activity companies (think dive schools, classes, outdoor activities etc.) manage their bookings.

Does anyone have any ideas, or good resources for me to learn from, or just some advice on getting those first few customers?

Any help would be much appreciated!

6 years, 3 months agocodepreneur posted on startups.
June 6, 2013

"problem is getting people to visit the website and sign up"

Not sure if you you are having more of the visit problem or sign up problem, so let's address both.

For visitors/traffic, spend $500 or so and put up some Google Adwords. You'll have to make sure your message is extremely targeted so that you only get clicks from your target market.

That will get you some traffic. Then it's time to test your landing page / sign up page. You can measure your conversion to see how many folks sign up for the free trial, and finally measure how many folks continue with a subscription.

That's your funnel. The benefit of using Google Adwords is you don't have to waste lots of time building up all these free channels that you hope will bring you traffic. Just drive traffic through paid advertising. The purpose isn't to do this forever; the purpose is to validate that your offering has value and/or that your marketing (landing page) is driving the right behavior (sign ups).

If you find after getting 1k clicks that only 3 people signed up, then it's time to tweak the landing/marketing pages and/or change the offer. Are you requiring a credit card for free trial? Maybe stop doing that. You'll have to experiment.

It also might be beneficial to spend a few dollars and get a marketing consultant to help you design the landing page.

As far as resources, the bible right now is: http://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898

My last Android app sales figures ($57k/month peak), and why it's still great to make Android apps. [R]

6 years, 4 months agoquirt posted submission on Android.
May 12, 2013
6 years, 4 months agoquirt posted on Android.
May 13, 2013

&gt; My advice is to make sure your Android app is solving a pain-point. This seemed to work well for me.

This is true for any startup. /u/jug6ernaut: read The Lean Startup for a more complete explanation.

The most important thing about your startup is NOT the product (whether it be an Android app or a new type of organic hummus). What really matters is the problem that your target customer base is currently having, whether they really have that big of a problem, and whether you're solving it.

Looking for guidance with developing a super app [R]

6 years, 4 months agoMay 8, 2013

[deleted]

6 years, 4 months agobch8 posted on Entrepreneur.
May 8, 2013

I suggest this book. It describes a start up strategy that is particularly applicable for tech startups, and is pretty well known in the tech world.

I Have An Idea For The *New* FaceBook [R]

6 years, 5 months agoYuleTideCamel posted submission on webdev.
April 14, 2013

But I am not a web developer. I am a games blogger and learning to be a games designer. I just think I have a great idea for a new social networking site, which solves the problems of FB. Clearly, I need to share this idea with somebody who can develop it. Or maybe approach an investor? What would you do?

6 years, 5 months agoYuleTideCamel posted on webdev.
April 14, 2013

Just to clarify, the reason others are giving you a hard time is because as developers we regularly come into contact with people who have an idea for the next big thing. 99.9999999% of the time it doesn't pan out.

I'm gonna give you the benefit of the doubt though and say that you need to honestly first validate if your idea is actually something that can be successful or not. We all think our own ideas are great, but validation from other people is key. Don't waste time hiring someone to build a product, if you want to learn development great, but it will take years to get the competency to build something.

Another thing that people will tell you is to guard your idea and not share it with anyone. While this seems logical, it's actually a very bad piece of advice. Startup founders will tell you that the one thing you can do to ensure success is to speak to as many people as possible about your idea. This way you get advice, validation and often refinements. Read this: http://www.aaronstannard.com/post/2010/06/12/The-Myth-of-the-Single-Person-Startup.aspx

If you are serious about exploring this, then you need to be lean. Go read The Lead Startup. Then go network with other developers and startup folks in your community.