Copenhagen Lean Startup

123
arning w to il: n Startup Justin Pirie @justinpirie blog.mimecast.com [email protected] Copenhagen 28 th November 2011 pasukaru76

Transcript of Copenhagen Lean Startup

Learning .How to Fail:Lean StartupJustin Pirie

@[email protected]

Copenhagen28th November 2011

pasukaru76

on2wheelz

Entrepreneur: 10+ years

Analyst Blogger

Community Manager

Where I Work

tipiro

Cloud Services that Augment Microsoft Exchange

dolescum

Email Archiving

neilalderney123

Email Continuity

matthewbradley

Email Security

How the ProblemUsed to be Solved…

minifig

What do Users Get?

mescon

Unlimited Storage

Learning .How to Fail:Lean Startup

pasukaru76

What’s the Aim?

cliff1066™

jeffc5000

Stop Failure

I have won and lost

spaceyjessie

sean dreilinger

A human problem…

Paolo Camera

We want to change, learn

sean dreilinger

Sometimes with help

Ben McLeod

Often it hurts

Education isn’t magic. Education is the wisdom wrung from failure.

…people learn how to get it right by getting it wrong again and again.

Who’s here today?

cheesy42

Why do People do it?

quinn.anya

Self Mastery?

pasukaru76

Change the World?

rondostar

Understand what motivates you

Ev0luti0nary

kurichan*

Mitigate your reality distortion field

Ronan_C

Where to Startups come from?

Daniel Mohr

Founders ideas

Will Scullin

Becomes “the plan”

jeffc5000

9/10 Startups Fail

bcymet

58 ideas to 1 Success

annethelibrarian

66% of Successful Changed Plans

What did they

start as game!

Confinity?

kurichan*

Don’t be fixed to your vision

Capture Customer Value

Joe Shlabotnik

jeffc5000

Why do Startups fail?

If you build it, they will come

Fallacy #1: Problem is known

Fallacy #2: Solution is known

wwarby

Result: Costs are Front Loaded

andrusdevelopment

BOOM!

army.arch

Lean Startup: NOT about having a better plan

er1danus

It’s about finding a path to a plan THAT WORKS

Joi

A Human institution designed to create a new product or service under conditions of extreme uncertainty

paurian

Until now- it’s been intuition

EOI Escuela de Organización Industrial

So people looked for “Experience”

NASA's Marshall Space Flight Center

Lean Startup:Stress Testing Process

Lean Startup is a rigorous process for iterating from Plan A to a Plan that works

The Goal of a Startup is to Figure out the right thing to build

niznoz

Ah Ha!An Idea = Hypotheses

trochim

Lean Startup:Tests your Vision(read hypotheses)

Nevada Tumbleweed

To give you FOCUSRight Actions, Right Time

Annie Mole

Lean is a MIX of Techniques

Californian Em

MiG 15- Technically superior

Destinys Agent

F-86 beating MiGs

andrusdevelopment

Why?

Boyd: Maverick Pilot, Investigates

Result: OODA Loop

ckowalik

Mix in TPS- Lean Manufacturing

SteveMcN

Harness the KnowledgeAnd Creativity of Workers

RosieTulips

Use Smaller Batches

Just in Time Production

William Toll

Acceleration of Cycle Times

Вεη

Lean Manufacturing = Removing Waste

Lean thinking defines value as providing benefit to the customer- anything else is waste

Eric Ries

yvettemn

Bake

The Lean Startup Loop

David Wulff

Build

wwarby

Measure

surlygirl

Learn

Rinse, Repeat

Henry Ford: Engineer

Tom Raftery

Terry Wha

Perfecting the Engine

Before adding fuel

tnarik

Too many plans look likeRocket Launches

NASA's Marshall Space Flight Center

Or another way…

Traditional Dev.

Learn, release

Learn, release

Lean

Fast, Iterative

Focus on Learning

Learning is measure

Iterations win

Sometimes BIG

andrusdevelopment

Number of Iterations Beats Quality

sashamd

Find the most effective way tovalidate your hypothesis

RaeA

Minimum Viable Product

LostInInaka

If You’re Not Embarrassed:You’ve Waited Too Long

toffehoff

In a Great Market: The Market Pulls the Product Out

originallittlehellraiser

Before Launch: the 40% Test.Are <40% Very Disappointed?

lovely fig rolls

Pivoting?

Phillie Casablanca

Change of Direction:Based on Validated Learning

http://startup-marketing.com

Startup Pyramid:Nail it before you Scale it

Focus on Verifiable Hypothesis

http://www.ashmaurya.com

Become Metrics Obsessed

Or a metrics Pirate

Or Become Politicians andSalespeople

Some Myths:

wwarby

Lean Startup is Not Cheap…

jeffc5000

Lean is not about failing

Warren D

It is Iterating FAST

David Wulff

Build on Solid Foundations

True Startup Productivity is Systematically figuring out the right things to build

Eric Ries

Buy the book!

Thanks!ReachOut andConnect

Justin [email protected]@mimecast.com

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