Podcasts about lean startup co

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Best podcasts about lean startup co

Latest podcast episodes about lean startup co

Product Thinking
Episode 212: Avoiding Common Pitfalls in Corporate Innovation with Ben Hafele

Product Thinking

Play Episode Listen Later Feb 26, 2025 49:24


In this episode of the Product Thinking Podcast, Melissa Perri is joined by Ben Hafele, CEO of Lean Startup Company, to explore the complexities of corporate innovation. Ben shares insights on how large companies can effectively integrate lean startup methodologies into their existing frameworks. They discuss the importance of aligning innovation efforts with business strategies and how to avoid falling into the trap of unnecessary complexity. This episode is a must-listen for anyone interested in fostering meaningful innovation within large organizations while maintaining strategic alignment.Are you looking to navigate the challenges of corporate innovation and strategic alignment? Tune in to this episode for valuable insights from Ben Hafele's experience with lean startup methodologies.You'll hear us talk about: 10:45 - Establishing Connective Tissue for Innovation:Ben introduces the concept of creating a "connective tissue" that links build-measure-learn cycles with overall business strategy. He explains how fostering this connection ensures that every experiment conducted is aligned with the company's broader objectives. 22:17 - Balancing Experimentation with Strategic Goals:The discussion delves into the challenge of balancing experimentation with strategic goals. Ben shares approaches for ensuring that innovation initiatives do not deviate from the company's strategic priorities, maintaining relevance and purpose. 45:30 - Overcoming Complexity in Corporate Innovation:Ben and Melissa discuss ways to overcome the inherent complexity in corporate innovation. They highlight practical strategies for simplifying processes and ensuring that innovation efforts remain effective and focused on delivering value.Episode Resources: Ben Hafele on LinkedIn: https://www.linkedin.com/in/ben-hafele/ Lean Startup Co: https://leanstartup.co/ Sign up for a free Liveblocks account: ⁠https://liveblocks.io/⁠Timestamps:00:00 Coming Up00:47 Dear Melissa11:25 What Defines a Startup?19:08 The Importance of Strategic Filters24:38 The Innovation vs. Legacy Divide31:35 B2B vs. B2C Experimentation Challenges39:50 The Right Way to Build Capability in Organizations46:42 Evolving Corporate Innovation

Decoding Innovation
How a lean startup mindset can drive cross-industry innovation

Decoding Innovation

Play Episode Listen Later Sep 30, 2024 54:39


In this episode of Decoding Innovation, Ben Hafele, CEO of Lean Startup Co., explores the transformative power of the lean startup methodology in corporate innovation. The lean startup mentality epitomizes innovation and agility by providing a structured approach to developing products and services that truly meet customer demands. It emphasizes the importance of validated learning, rapid prototyping and flexibility in business modeling.  In conversation with host Brent Duersch, Ben Hafele, CEO of Lean Startup Co., discusses how startups and corporate innovation teams alike thrive on navigating uncertainty. Hafele emphasizes that corporate innovation teams inherently embody the startup ethos when engaging with emerging technologies in areas such as artificial intelligence (AI), mobility, wearables and electrification. This mindset is crucial for fostering innovation and maintaining a competitive edge in the rapidly evolving tech landscape. With extensive experience in applying lean startup methodologies across various business landscapes, Hafele offers fresh perspectives on innovation, advocating for practical solutions and a “learner” mindset over a “knower” mindset. He explains how lean startup principles, with a focus on customer feedback and iterative design, enable organizations to continuously test and refine ideas, ensuring investments are made in concepts with genuine market potential. Hafele envisions a future where the lean startup mindset remains essential, its principles guiding companies through the uncertainties of tomorrow's business challenges. Key takeaways:  Lean startup is a mindset, focusing on what customers truly value. It's about systematically vetting and de-risking new ventures, applying the scientific method to business ideas. For corporate innovation to succeed, teams must adopt the startup approach: embracing uncertainty, leveraging customer feedback and iterating rapidly in tech-driven markets. Lean startup principles are set to evolve and stay relevant amid the uncertainties of AI and future technologies. By combining the strengths of various methodologies, such as design thinking and agile, organizations can create a tailored approach that best suits their unique challenges and opportunities.

The Product Science Podcast
Season 5 Highlights: The Product Discovery Loop

The Product Science Podcast

Play Episode Listen Later Jun 13, 2023 19:40


Holly Hester-Reilly is the Founder and CEO of H2R Product Science, a product management coaching and consulting firm that teaches the principles and practices of high-growth product development, and the host of the Product Science Podcast. Holly is a former Columbia University research scientist and has spent over 15 years leading product initiatives at startups, high-growth companies, and enterprises like FalconX, MediaMath, Shutterstock, The Lean Startup Co, Unilever, Capital One, and Weight Watchers. Holly also teaches at NYU Stern School of Business as well as public and private workshops and has spoken about building high-growth products for events such as Lean Startup Summit Europe, the Women in Product Annual Conference, ITX Product + Design Conf, Parsons School of Design, and INDUSTRY: The Product Conference. In this episode of the Product Science Podcast, we share Season 5 excerpts as we cover the product discovery loop, a tool to break down the components of achieving product market fit. Read the show notes to learn more: www.h2rproductscience.com/post/season-5-highlights-the-product-discovery-loop

Smashing the Plateau
How to Sell Your Expertise and Have Space for Your Family Featuring Holly Hester-Reilly

Smashing the Plateau

Play Episode Listen Later Aug 22, 2022 22:37 Transcription Available


In today's episode of Smashing the Plateau, you will learn how to sell your expertise when it's new to the market and have space for your family. Holly and I discuss: How her career evolved [03:03] What caused her to focus on product initiatives [04:33] Working as an employee vs. an entrepreneur [05:17] The hurdles transitioning into entrepreneurship [06:10] Finding solutions for financial tracking and staying motivated [06:45] How you know when it's time to get help [07:33] Responding to a hefty price tag for help [09:09] How Holly realized she needed a method to stay motivated [09:39] Using a mastermind to stay motivated [10:13] What it's like to sell your expertise when it's new to the market [12:05] How Holly determined her content marketing process [14:06] Where Holly distributes her content and why she chose those channels [14:47] What portion of her time Holly devotes to content marketing [15:51] What process Holly uses to build her network [16:18] What advice Holly has for experts selling ideas that are new to the market [17:40] Looking to the future, what Holly wants to be well known for [18:27] Holly is a former Columbia University research scientist and has spent the last 15 years leading product initiatives at startups, high-growth companies, and enterprises like FalconX, MediaMath, Shutterstock, The Lean Startup Co, Unilever, Capital One, and Weight Watchers. Holly also teaches at NYU Stern School of Business as well as public and private workshops and has spoken about building high-growth products for events such as Lean Startup Summit Europe, ProductTankNYC, Parsons School of Design, and INDUSTRY: The Product Conference. Learn more about Holly at http://www.productsciencepodcast.com (www.productsciencepodcast.com). Thank you to Our Sponsor: The Smashing the Plateau Community https://smashingtheplateau.com/openhouse (https://smashingtheplateau.com/openhouse)

Time4Coffee Podcast
Lean Impact Solutions to Social Problems With Ann Mei Chang, Lean Startup Co. [re-release]

Time4Coffee Podcast

Play Episode Listen Later Feb 11, 2021 39:02


Ann Mei Chang is the Executive Director of Lean Impact at Lean Startup Co., a company that  encourages all organizations, especially ones seeking solutions to social problems, to think like startups. She is also the author of the new book LEAN IMPACT: How to Innovate for Radically Greater Social Good, which takes a closer look read more>>> The post Lean Impact Solutions to Social Problems With Ann Mei Chang, Lean Startup Co. [re-release] appeared first on Time4Coffee.

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Spicy Life • A Podcast for Mindful Living.
Women and Entrepreneurship

Spicy Life • A Podcast for Mindful Living.

Play Episode Listen Later May 1, 2020 21:59


Jessica Korthuis is the Founder/CEO of Sohuis, an educational platform and membership community that provides marketing and branding educational programs to help early-stage female founders grow and market their businesses. She is a powerhouse brand strategist, senior marketer and acknowledged professional among her colleagues. In her tenure, she has worked alongside many incredible brands including: Red Bull, TedxWomen, Girls Who Code, Stanford University, Bloomingdale’s, and Florida Institute of Technology. Jessica is a two-time organizer for Techstars Startup Weekend, a mentor for the Social Enterprise Alliance, brand advisor to Rebuild Globally, a 40 Under 40 Honoree, a “Women Who Mean Business” Honoree, and was most recently listed as a “Women to Watch in 2019 and Beyond” by the nationally-accredited publication, Bizwomen. Jessica enjoys public speaking and has been featured by Girlboss, The Lean Startup Co., Girl CEO Inc, Entreprenistas, She Leads NYC, VoyageATL and Biz Journals. She supports socially-conscious businesses, women in leadership, collaborative and creative work environments, and the best way to contact her is by e-mail at jessica@sohuis.com.

Lean Startup
A New Era Of Work | Brianne Kimmel

Lean Startup

Play Episode Listen Later Mar 18, 2020 65:08


We recently hosted a conversation between Brianne Kimmel, Founder & Managing Partner at Work Life Ventures, and Chris Guest, Lean Startup Co. Advisor, about entering this new era of work and business. Brianne Kimmel shares her experiences on how our current accelerating speed is impacting startups and what it means for enterprise organizations and government. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Combining Passion And Necessity To Create A Business | Jesse Thomas

Lean Startup

Play Episode Listen Later Mar 13, 2020 54:11


We recently hosted a conversation between Jesse Thomas, Co-founder & CEO of Picky Bars, and Chris Guest, Lean Startup Co. Advisor, about the impact of passion, patience and a focus on growth that led to consistent, year-over-year growth for the energy bar company. In the conversation, they discuss: - How Jesse struggled to find balance in his life while working for a VC-funded startup. - How a personal need from Jesse’s athletic training led to the creation of Picky Bars. - The benefits of self-funding and keeping expenses low. And much, much more… Jesse Thomas is the co-founder & CEO of Picky Bars, not to mention a professional triathlete and two-time ironman champion. Born and raised in Bend, Oregon, Thomas excelled in track and field while at Stanford University and later narrowly missed earning a spot on the U.S. Olympic team, largely due to an injury he suffered during steeplechase trials. After he shifted to cycling, Thomas ultimately put a stop to his athletic career when a fall while biking left him with a broken neck. Rather than give up, however, he shifted his focus to the startup world. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
There Is Value In Diversity And This Company Is Diving Into The Movement | Christina Greenberg

Lean Startup

Play Episode Listen Later Feb 6, 2020 46:35


We recently hosted a conversation between Christina Greenberg, Co-Founder of Edgility Consulting, and Chris Guest, Lean Startup Co. Advisor, about how Christina recruited to build a diverse and inclusive organization and how you can do the same. In the conversation, they discuss: - The founding story of Edgility Consulting and why they decided to focus on helping youth-serving nonprofits and education organizations find, hire, and keep talent. - How they examined their own recruiting methods and what they could do to create an environment where all different kinds of people would want to work for them. - Specific plans and strategies you can implement to recruit for a diverse and inclusive staff. And much, much more… Christina Greenberg is an expert in pivoting outside her comfort zone. The co-founder of Edgility Consulting has branched out, business-wise, multiple times in service of a larger vision. In her case, that vision involves supporting a diverse and inclusive industry standard. Her Oakland-based firm helps youth-serving nonprofits and education organizations find, hire, and keep talent. Before co-founding Edgility, Greenberg worked in fundraising, policy, and nonprofit management. But she tapped into her true passion when she started recruiting in the education sector, “making that magical connection” to place someone where they’d have the most impact. She spent four years working for a program that mentored and trained aspiring principals for low income communities in the Bay Area. After taking a maternity break, Greenberg returned to the workforce as a consultant. She found enough clients needed her unique expertise in education to launch a business, Redwood Circle Consulting. Five and a half years in, it was time to expand. Greenberg and a business partner, Edgility co-founder Allison Wyatt, launched their firm from opposite coasts. They weren’t sure what the company’s full scope would look like from the start, says Greenberg, but they established guiding principles. They wanted to build upon their shared talents in the recruiting space. They wanted to focus on organizations for “underserved youth and families—low income families, families of color, and students that were struggling for one reason or another in the school systems that we have today.” And finally, they wanted a lean business with little overhead, zero drama, and high expectations for what they could accomplish. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Name The Category, Own The Market | Christopher Lochhead

Lean Startup

Play Episode Listen Later Jan 28, 2020 104:06


We recently hosted a conversation between Christopher Lochhead, bestselling author and #1 charting podcaster, and Chris Guest, Lean Startup Co. Advisor, about why category design is so powerful, how to best wield it, and why entrepreneurs should naturally embody it. In the conversation, they discuss: - What is category design and who are some companies that have successfully implemented it. - How category design gets you out of the comparison trap. - What it takes as an entrepreneur and intrapreneur to implement category design. And much, much more… Christopher Lochhead values standing out over fitting in. He wants entrepreneurs to create markedly different products, not just better versions of old standbys. His #1 charting podcasts, "Follow Your Different" and "Lochhead on Marketing," and bestselling books Niche Down: How To Become Legendary By Being Different and Play Bigger: How Pirates, Dreamers, and Innovators Create and Dominate Markets instruct entrepreneurs on developing and dominating new categories of products and services—and shifting consumer paradigms in the process. Lochhead eschews conventional marketing wisdom and evangelizes “category design,” which he calls “a secret art built on the thinking of legends.” Lean Startup Co. advisor Christopher Guest recently chatted with Lochhead to understand why category design is so powerful, how to best wield it, and why entrepreneurs should naturally embody it. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Analysis Paralysis And Other Innovation Blockers | Michael Barlow, Lucas Dickey, & DeMarcus Williams

Lean Startup

Play Episode Listen Later Dec 19, 2019 50:08


We recently hosted a conversation between Michael Barlow, Co-Founder & CEO at Fernish, Lucas Dickey, Co-Founder & Chief Product Officer at Fernish, DeMarcus Williams, Director of Silicon Valley Bank Early Stage Practice, and Hisham Ibrahim, Lean Startup Co. Faculty Member, about six rookie mistakes that block growth in early stage startups. In the conversation, they discuss: - How to implement good hiring and retention practices to ensure you’re surrounding yourself with the right team. - The importance of maintaining a consistent company narrative. - Tips to avoid getting stuck in analysis paralysis. And much, much more… Fernish’s founders Lucas Dickey and Michael Barlow have prime backgrounds in product management, engineering, design, sales, and finance. Their collective resumes include time in the trenches at Amazon and J.P. Morgan. When it came to launching their subscription service for home furnishings, though, they often traded expertise for proof of concept. Dickey and Barlow are methodical about ensuring each course of action boosts growth, regardless of what their egos may be telling them. This attitude is working in their favor. In the two years since they founded Fernish, the company has grown to 35 employees and their customer base numbers in the thousands. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

TechTrends
Building a Startup for Long-Term Success

TechTrends

Play Episode Listen Later Dec 11, 2019 34:27


Eric Ries, co-founder of the Lean Startup Co., shares his perspective on trends among innovative businesses and some best practices for being a responsible entrepreneur.

Lean Startup
Advice From An Entrepreneur, Intrapreneur, Investor And Advisor | Theron McCollough

Lean Startup

Play Episode Listen Later Nov 26, 2019 58:27


We recently hosted a conversation between fiifi Founder & CEO, Theron McCollough, and Lean Startup Co. Advisor, Chris Guest, focused on Theron’s experiences working in the world of startups and his recent return to the role of an entrepreneur as he launches his new venture.  In Chris and Theron’s conversation, they discuss: - Given Theron’s background advising and investing in hundreds of startups, what insights has he taken with him as he re-enters the world of entrepreneurship? - And now that he is a player again, does he follow the advice he would have given when he was a coach? And much, much more… For more than a decade, Theron McCollough has been working in the world of startups. Fairly early on in his career — when he was working with Pivotal Software — he began to notice how Lean Startup techniques could help a business scale. And while he took note of the usefulness of testing, iterating, and failing, one of the biggest things he learned was the importance of asking customers what they think. The simple act of reaching out to the customer can be incredibly helpful and enlightening. “You would be amazed at what you find out,” Theron says. It’s one of the things that is easy to understand in theory, but Theron cautions, entrepreneurs have to put it into practice to see how it works. “Until you actually do it, you don’t understand what the struggles are,” he says, adding, “once you get in there, you realize how much information every single customer or potential customer can give you to save you from wasting time and energy.” As an added bonus, it’s also a great way to develop a customer base. If you adopt their feedback and apply it to your product or business, “they’re going to be a customer for life.” Because they’ll not only feel heard, but you’ll have created something that made their business (or life) better. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

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Lean Startup
An Honest Account Of An Entrepreneur’s Pivot: Part Two | Ryan Caldbeck

Lean Startup

Play Episode Listen Later Nov 7, 2019 37:55


We recently hosted a conversation between Ryan Caldbeck, Founder & CEO at CircleUp, and Chris Guest, Lean Startup Co. Advisor, focused on what it’s like as a CEO to take your company through a major pivot. This episode is part two of their conversation. In Chris and Ryan’s conversation they discuss: - How to create a culture that gives support to people that want to be vulnerable and authentic for the benefit of the company and for themselves. - The unique challenges CEO’s face and how they can build a support system for themselves. - How Ryan has utilized Lean Startup methodologies as an entrepreneur. And much, much more… Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
An Honest Account Of An Entrepreneur’s Pivot: Part One | Ryan Caldbeck

Lean Startup

Play Episode Listen Later Oct 21, 2019 53:03


We recently hosted a conversation between Ryan Caldbeck, Founder & CEO at CircleUp, and Chris Guest, Lean Startup Co. Advisor, about how to navigate through a major pivot. This episode is part one of the conversation with Ryan and part two is coming up next week. Even more exciting, Ryan is also speaking at the Lean Startup Conference this week in San Francisco. Tickets to the conference are still available at LeanStartup.co. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
How Parenthood Sparked a Business | Sarah Paiji Yoo

Lean Startup

Play Episode Listen Later Sep 18, 2019 57:01


We recently hosted a conversation between Sarah Paiji Yoo, Co-Founder & CEO at Blueland, and Chris Guest, Lean Startup Co. Advisor, about how becoming a mom led Sarah to create a company that is reimagining how we consume household products to eliminate the need for wasteful plastic packaging. In Chris and Sarah’s conversation, they discuss: - How Sarah got the idea for Blueland and why she felt so compelled to solve the problem of wasteful plastic packaging. - How the team developed and tested their first product idea: toothpaste - How they took these initial learnings and pivoted to cleaning spray products. And much, much more… When serial entrepreneur Sarah Paiji Yoo became a new mom, she wasn’t looking to find her next business idea. She had made the conscious decision to step back from work to find a balance between being a new parent and being a businesswoman. But it was the very act of being a mom that gave her the idea for what would eventually become her company, Blueland. Sarah was horrified to discover how many microplastics are in the water she was using to mix formula for her baby — the very same water that we all drink. She discovered that all of the plastic we consume in society is ending up in our oceans and waterways where they’re broken down into microscopic microplastics that end up in our food and drinking water. So Sarah made the conscious decision to cut back on her own plastic consumption. But she quickly discovered that was easier said than done. Oftentimes, there aren't any items on the shelves that give consumers a choice to opt for something more eco-conscious. From ketchup bottles to toothpaste to detergent, it’s all single-use plastic packaging. But rather than getting discouraged, Sarah got an idea. She realized that she could go beyond having an impact on her personal consumption, by creating products that gave all consumers a more Earth-friendly alternative. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Reduce Uncertainty and Increase Winning | Chris Cochella

Lean Startup

Play Episode Listen Later Sep 3, 2019 39:41


We recently hosted a conversation between Chris Cochella, Executive Business Coach at Sequoia Group, and Adam Berk, Lean Startup Co. Faculty Member, about the value and application of mental models for extremely uncertain Lean Startup situations. In Chris and Adam’s conversation, they discuss: - What is a mental model and how can they help you? - What is first conclusion bias and how can it help and/or hurt you? - Three critical mental models that can help the Lean Startup entrepreneur subvert the first conclusion bias. And much, much more… Lean Startup methods are intended to reduce uncertainty in a highly uncertain environment. Warren Buffett likes to say, “I don’t look to jump over 7-foot bars, I look around for 1-foot bars that I can step over.” As entrepreneurs, we are looking to lower the height of the uncertainty hurdle while making decisions and moving forward. Another way to look at this approach is to create a situation where: heads, I win; tails, I don’t lose much. The Lean Startup approach is all about using all available tools to reduce the hurdle height and increase the likelihood of winning. It’s about stacking the odds in your favor. Lean Startup is a toolbox full of mental models to stop and interrupt the waste caused by simplistic, fast, and easy “first order thinking” like cognitive biases. Applying Lean Startup mental models helps to provide deliberate, valuable “second order thinking” to the entrepreneur and intrapreneur that will help reduce uncertainty. While many people are familiar with mental models, we will highlight the value and application of mental models for extremely uncertain Lean Startup situations. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Helping Business Owners Find Loans: The Startup Story Of Lendio | Brock Blake

Lean Startup

Play Episode Listen Later Jul 25, 2019 28:38


We recently hosted a conversation between Brock Blake, Founder & CEO of Lendio, and Marilyn Gorman, Lean Startup Co. Faculty Lead, focused on the decision to pivot one successful company into another that served a completely different niche of the market while embracing the importance of accountability. In Brock and Marilyn’s conversation, they discuss: - How Brock got started in the world of entrepreneurship and decided which problem to focus on. - How a pivot from his first idea eventually led to Lendio. - The “be the CEO of your job” mentality and how this builds accountability for Lendio employees. And much, much more… Brock Blake stumbled into the world of entrepreneurship when he was still attending college at BYU. He was studying finance and won an entrepreneurship competition that awarded him $50,000 to start a business. The only problem was that he didn’t exactly know what he wanted to do, much less how to go about launching into the business world. Instead of diving in headfirst into the first idea or opportunity that presented itself, Brock decided to learn about the business of going into business. If he was going to be successful, he knew he needed to know how to be an entrepreneur. So he did his own market research and spoke to business owners in different areas of the market to know what it was like. In doing that research, he recognized a common thread between all the businesses: they needed capital. “I realized...that this was a big market, a big opportunity and a big pain that I thought we could solve.” Empowered with the idea of helping businesses get on their feet, Brock launched his first business, Funding Utah (which would evolve to be Funding Universe) — which helped connect entrepreneurs to venture capitalists and angel investors. But the reality is that only one or two percent of entrepreneurs have the type of company that can or will raise money through investors. Most businesses are main street businesses, like restaurants, retail shops, landscapers or construction companies that need small business loans. “It’s not great to have a business where [you’re turning away] 98% of your customers because they’re not going to raise money,” Brock says. So instead of staying focused on a small equity-seeking segment of the market, they decided to pivot and focus on the larger, loan-seeking 98%. And thus, Lendio — a company focused on helping small business owners get access to capital — was born. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Using Lean To Decrease Youth Unemployment In South Africa And Beyond | Maryana Iskander

Lean Startup

Play Episode Listen Later Jun 5, 2019 44:55


We recently hosted a conversation between Maryana Iskander, CEO at Harambee Youth Employment Accelerator, and Ann Mei Chang, Executive Director of Lean Impact at Lean Startup Co., focused on the pioneering work of Harambee Youth Employment Accelerator in South Africa and their efforts to tackle the global youth unemployment crisis. In Maryana and Ann Mei’s conversation, they discuss: - How Harambee focused their efforts on solving problems for two customers - young people looking for a job and businesses needing to hire. - How they used data to guide their problem solving efforts and what some of the key learnings were. - Their efforts to scale their work to Rwanda and what the key challenges have been. And much, much more… South Africa has a big problem on its hands. Even though they make up less than 1% of the world’s population, they have one of the highest youth unemployment rates in the world. It’s a problem that’s compounded over time. Every year, nearly two-thirds of young people who enter the job market end up unemployed, resulting in a population of between six and nine million unemployed young people. It’s a problem not easily solved. It’s not just a matter of not having enough jobs or a lack of the right type of education — although, those are big problems. But even at the most basic level, there are barriers to entry that are just now being recognized. Things like not having the resources to properly look for a job or enough money to afford transportation to an interview are factors that haven’t traditionally been considered in the past. But when businesses began to recognize their difficulties in finding young people to fill open positions, they got together to try to find a solution. Their efforts led to the creation of Harambee Youth Employment Accelerator. Today, the award-winning non-profit uses data and innovation to bridge the gap between employers and unemployed young people as they work to solve the global youth unemployment crisis. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
The Realities Facing Female Founders | Claire Lee & Liz Curtis

Lean Startup

Play Episode Listen Later May 30, 2019 54:32


We recently hosted a conversation between Claire Lee, Head of Early Stage at Silicon Valley Bank, Liz Curtis, CEO & Founder at Table + Teaspoon, and CJ Legare, Lean Startup Co. Chief of Staff, about the realities facing female entrepreneurs today. In Claire, Liz, and CJ’s conversation, they discuss: - Why Liz decided to start Table + Teaspoon, a “Rent the Runway, but for table settings.” - What Claire calls the “Single Digit Club” and what we can do to change it. - The importance that mentors have played in both Liz and Claire’s career. And much, much more… Liz Curtis didn’t always intend to be an entrepreneur, least of all in the world of entertaining. In fact, she was studying to become a lawyer when she started Table + Teaspoon — a blog that featured decorating ideas, entertaining tips and recipes. The blog was initially just a creative outlet for Liz as she pursued her career as a corporate litigator, but eventually, it became a much bigger idea that she launched into a business. In 2013, while she was still practicing law, Liz decided she wanted to build something “rather than tearing things apart,” the latter of which she felt she was doing as a lawyer. Liz pivoted on her career and started interviewing with startups to do something — anything — to hop aboard their rocket ship. But after verbally agreeing to join a startup about to launch their new app, she “realized that she’d rather build her own rocket ship.” So in 2013, she left law behind and started looking at what tech-enabled solutions were needed in the entertaining space, a huge market lacking any innovation and thus ripe for disruption. After getting her hands dirty and exploring a little bit of everything in the industry — catering, interior design, flowers, weddings — she landed on her current business model which she describes as “Rent the Runway, but for table settings.” The bootstrapped idea launched as a prototype in the Fall of 2016, went nationwide in 2017, and late last year she started raising her seed money, which, according to Liz, “is the hardest thing I’ve done in my life, including taking the California bar exam.” Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Innovating The Writing Process: How Change Is Coming To The Publishing World | Bec Evans

Lean Startup

Play Episode Listen Later May 9, 2019 41:55


We recently hosted a conversation between Bec Evans, Co-founder of Prolifiko and author of "How to Have a Happy Hustle", and Elliot Susel, Lean Startup Co. Faculty Member, focused on the similarities between the world of writing and publishing and the world of startups. In Bec and Elliot’s conversation, they discuss: - The traditional, old-school practices of the publishing industry and why change is needed. - How Bec utilized a Lean Startup approach to writing her new book. - Current innovations happening in the publishing world and what the future of publishing looks like. And much, much more… There are few industries as steeped in traditional, old-school practices as publishing. Many of the major publishing houses have been around for tens (if not hundreds) of years and still haven’t really changed their business structures or publishing methods. But for Bec Evans, that just means there’s a lot of potential for things to become a bit more interesting. Bec has spent her entire career working in and around the world of writing and publishing. She was managing a writer’s retreat when she had an idea for an app that would help writers complete their writing projects. By digging into the idea, she became interested in Lean Startup techniques — specifically what it would be like to work in a fast, iterative way — and began working on the app Prolifiko, a productivity tool for writers that helps them start and finish their writing projects. But, she still needed to pay the rent, so Bec took a job working for a publisher. The company knew about her side hustle and got excited about the technology and the different things Bec was trying, so they created a new role for her in their company: Head of Innovation. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Bringing Biotech To The Masses | Julie Legault & Justin Pahara

Lean Startup

Play Episode Listen Later Apr 25, 2019 56:40


We recently hosted a conversation between Julie Legault and Justin Pahara, Co-Founders of Amino Labs, and Hisham Ibrahim, Lean Startup Co. Faculty Member, focused on building a product designed to bring biotechnology — an area of science typically only accessible to experts in the field — to non-experts and beginners. In Julie, Justin, and Hisham’s conversation, they discuss: - How they discovered the problem with bringing biotechnology to beginners and how that led to the creation of Amino Labs. - The iterative process they used to build a product that served their customer’s need, not their want. - How they wrote a book about genetic engineering for beginners using an iterative process. And much, much more… When Julie Legault was a masters student at the MIT Media Lab, she was encouraged to try new things and to do things she wouldn’t normally do. So when Justin Pahara’s first startup, Synbiota, put on a workshop about a new technology called synthetic biology, Julie gave it a try. For her, it was a game changer. “I just discovered something amazing and I can make projects with this,” she remembers thinking. She and her fellow grad students got really interested in synthetic biology and all of its applications, so they tried to utilize their new knowledge in MIT’s biotech lab. But that’s where Julie recognized a big problem in the biotech space — there was a huge barrier to entry. If you weren’t an expert, it was very difficult to learn or gain any type of experience in it. Initially embarrassed by her inexperience, Julie turned the idea that there are no tools that allow beginners to get interested in biotechnology into her graduate thesis. She got overwhelmingly positive feedback, so she kept moving forward with the idea. Eventually, it led her to getting back in touch with Justin for his help and expertise in the area. Together, they founded Amino Labs, a company that builds hardware and provides experiences that makes bioengineering accessible to children and non-scientists. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Building Better Learning Tools By Learning From Your Customers | Chris Cochella

Lean Startup

Play Episode Listen Later Apr 18, 2019 43:14


We recently hosted a conversation between Chris Cochella, Founder & Co-Owner at Brackitz, and Marilyn Gorman, Lean Startup Co. Faculty Lead, focused on how the desire to find better engineering toys for his son turned into an idea to create a toy to help promote STEAM learning in young children. In Chris and Marilyn’s conversation, they discuss: - What problem drove Chris to start Brackitz. - The process Chris went through to test his early assumptions with his customers (teachers and students). - The importance of letting your curiosity fuel you. And much, much more… Like many new product beginnings, the idea behind Brackitz came out of a personal need. After he started a science program at his kids’ elementary school, Chris Cochella, founder and co-owner of Brackitz toys, realized that there wasn’t a lot of hands-on science or engineering tools available for young children. To Chris, this was a problem. Right now, the National Science Foundation says that the declining interest in STEAM (Science, Technology, Engineering, Arts, and Math) is a national concern. As Chris was looking more into the issue, he discovered that spatial play and spatial reasoning is a very strong predictor of STEAM related things, including degree attainment and math skill development in children ages three to four. In a world where kids are increasingly on digital devices, how do we get them to willingly put those devices down and start playing more with their hands? Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Using Lean Startup To Launch And Scale Political Campaigns | Dante Vitagliano

Lean Startup

Play Episode Listen Later Apr 11, 2019 24:24


We recently hosted a webcast conversation between Dante Vitagliano, Political Consultant at Pinnacle Campaign Strategies, and Marilyn Gorman, Lean Startup Co. Faculty Lead, focused on how Lean Startup can be used to run political campaigns. In Dante and Marilyn’s conversation, they discuss: - The similarities between startups and running political campaigns. - The 3 major phases in the political process where using a Lean Startup approach can help campaigners. - How to do experimentation and learning inside a political campaign. And much, much more… When it comes to political campaigns, Dante Vitagliano wants to build a better business model. When he and his partners started Pinnacle Campaign Strategies, they set out to solve some of the problems they consistently saw happening in political campaigns. To Dante, applying the Lean Startup methodology to their campaign efforts made sense. “There are so many similarities between the startup landscape and what we as [...] campaign professionals face on the day-to-day,” he says. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Does Lean Startup Work In Politics? | Pete Oliver-Krueger & Jim Damato

Lean Startup

Play Episode Listen Later Mar 28, 2019 44:44


We recently hosted a webcast conversation between Pete Oliver-Krueger, Agile, Lean, and Teal Managing Consultant; Jim Damato, Agile Specialist; and Heather McGough, Lean Startup Co. CEO & Co-Founder focused on how Lean Startup is applied in politics. In Pete, Jim, and Heather’s conversation, they discuss: - Why it’s so important to apply Lean Startup in the political arena and how it can be done. - The key lessons learned from Jim’s former startup, TruthinessCheck, which used crowdsourcing to do fact checking. - The future of innovation in politics. And much, much more… Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
The Importance Of Staying Close To Your Customers | Jason VandeBoom

Lean Startup

Play Episode Listen Later Mar 21, 2019 33:45


We recently hosted a webcast conversation between Jason VandeBoom, CEO and Founder of ActiveCampaign, and Hisham Ibrahim, Lean Startup Co. Faculty Member, focused on the importance of leaning into your customers and learning from them in order to grow your business. In Jason and Hisham’s conversation, they discuss: - The importance of letting customer feedback guide the product development - How to scale up while staying close to your customers - The key lessons learned as Jason looks back on the startup story of ActiveCampaign And much, much more… When Jason VandeBoom launched ActiveCampaign in 2003, he wasn’t trying to start a business or grow a company. He was just trying to make some money to pay for college. All of his customers were small businesses and they all started wanting the same thing: to communicate with their customers. At the time, the options for small businesses to implement something like this was somewhat limited. Instead of building one-off tools and products for each company, Jason decided to create a contact management package and sell that instead. “[I had] no idea of what that could be,” Jason says, “and then as someone bought it, I just glued onto them to learn as much as I could.” In fact, for a while, Jason says he didn’t even care about the revenue he was generating. Rather, “all I cared about was the interesting work and ensuring I was providing a ton of value.” His focus on listening to the customers helped him learn a lot about what customers needed and how to add to ActiveCampaign’s product catalogue. So much so that by the end of the first decade his company was up to eight products, all of which impacted a piece of the customer experience. “We learned a lot about each piece,” Jason says, “but the tool didn’t actually matter as much as moving data throughout their entire experience and making that feel like a unified experience.” Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Startup Outlook: What’s Currently On The Minds Of Entrepreneurs? | Theron McCollough

Lean Startup

Play Episode Listen Later Mar 5, 2019 29:49


We recently hosted the first episode of a six-part webcast series we’re doing with Silicon Valley Bank. In episode one, Elliot Susel, Lean Startup Co. Faculty Member, spoke with Theron McCollough, Managing Director of Silicon Valley Bank’s Early Stage Practice about the 2019 Startup Outlook US Report they just released. You can read the report here: https://bit.svb.com/2GzYO4e In Theron and Elliot’s conversation, they discuss: - The challenges that companies are facing in finding and hiring talent - The growing number of women in leadership positions - Why some startups are finding it easier to raise funds - The most promising new technology sectors And much, much more… In 2004, Theron McCollough joined a startup and never looked back. He has remained in the startup space ever since. Now, as the Managing Director of the Early Stage Practice at Silicon Valley Bank (SVB), his main job is “just helping startups.” He gets to connect companies and people together and help make the introductions that specifically match with what startup founders are building. “It’s what makes me wake up every day,” Theron says, “and I’m excited to come to work.” In his role at Silicon Valley Bank, one of the things Theron gets to work on is the Startup Outlook Report they release every year. The 2019 report was just released, and Theron was able to share some insights about what the report says about the startup world right now. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
How A Film Composer Uses Lean Startup | Giovanni Rotondo

Lean Startup

Play Episode Listen Later Feb 21, 2019 35:55


We recently hosted a webcast conversation between Giovanni Rotondo, Film Composer & Editor In Chief at Film Scoring Tips, and Marilyn Gorman, Lean Startup Co. Faculty Lead, on how Lean Startup methodologies directly translates into working in the world of music and composition. In Giovanni and Marilyn’s conversation, they discuss: - How Giovanni discovered The Lean Startup and began applying it to his work composing music scores - How he applied the MVP concept to a Minimum Viable Cue - How he uses A/B testing to submit work to directors And much, much more… As a film and television composer, Giovanni Rotondo is not in a line of work traditionally associated with startups or Lean Startup initiatives. That all began to change when he joined a startup in London called The Rattle. “[The Rattle] is [both] a career incubator for artists and a startup incubator for musical startups,” Giovanni explains. Initially, he joined as an artist, but Giovanni was intrigued and inspired by the startup culture and started having ideas of his own that applied to the world of music. He shared his idea with the co-owner and co-founder of The Rattle, Chris Howard. Chris suggested the book The Lean Startup to Giovanni. As he was reading it, Giovanni could feel the connection between the startup world and his occupation. “I really [dove] into my mind to see how to apply these concepts to my work,” Giovanni says, “and...I found quite a few ways.” Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Get The Most From Your People By Being Open, Honest, And Direct | Aaron Levy

Lean Startup

Play Episode Listen Later Jan 31, 2019 44:48


We recently hosted a webcast conversation where Elliot Susel, Lean Startup Co. Faculty Member, spoke with Aaron Levy, Founder and CEO of Raise The Bar about the need for better leaders, unlocking potential, and psychological safety in today's shifting marketplace. In Aaron and Elliot’s conversation, they discuss: - How leaders are made and not born, meaning good leadership is a trainable skill. - The iteration process Aaron went through to develop a product focused on leadership development. - Why an environment of emotional safety is so important and how to create this in your workplace. And much, much, more… Aaron Levy has always been intrigued by human behavior. Specifically why, when we [as humans] know better, why don’t we do better? “People don’t go from knowledge to action,” Aaron says, “and that’s always baffled me.” This observation and led Aaron to study the science of behavior change and how it applied to the world around him. In work and in life, he constantly observed and studied people, both leaders whom he had an opportunity to work with and his friends — that is to say, millennials — who were figuring out their career paths in their respective industries. The latter group led him to notice a curious trend; no matter how much money they were making or how cool their company or office culture was, his friends were all either thinking about leaving their jobs or had left already. After speaking with as many of these people as he could, Aaron got down to the “why?” of it all: that individuals aren’t achieving their best potential despite the fact that both they and their companies want them to excel and succeed. So even though there was an aligned vision between company and employer, there was a big gap, and it all came down to leadership. “The core point of leverage in any organization is your manager,” Aaron says, “and unfortunately most managers suck.” Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Applying Lean To Marketing And Brand Strategy | Jessica Korthuis

Lean Startup

Play Episode Listen Later Jan 24, 2019 39:48


We recently hosted a webcast conversation between Jessica Korthuis, Founder and Chief Brand Strategist at SOHUIS, and Elliot Susel, Lean Startup Co. Faculty Member, to discuss how you can incorporate lean into your marketing and brand strategy. In Jessica and Elliot’s conversation, they discuss: - What companies should do before making the decision to rebrand. - Tools and exercises that can help you execute a successful brand strategy. - How to validate the brand strategy you implemented actually worked. And much, much more… Jessica Korthuis started her first company with her husband after her corporate dream job was eliminated. She didn’t have a ton of experience helping entrepreneurs brand themselves but she had a lot of experience in marketing communications and a can-do spirit. “We built this super-crappy website and then poof, we just started our first agency,” Jessica said. The agency grew organically to include such clients as TED Women, Red Bull and Stanford University, but was completely bootstrapped. “It was this absolutely scrappy thing,” Jessica said. Through the local business ecosystem in Orlando, Florida she learned about Lean Startup, which is where she got involved in helping entrepreneurs brand themselves using Lean Startup tools. Jessica admitted that she was naive at that early stage of her business, but that was both a strength and a weakness. On the one hand, she said, it helped not to know how much work was in front of them, but it was also scary. Her biggest takeaway from starting with so little knowledge is that sometimes the best thing to do is to, “Just start.” Once she was deeper into the process, Jessica saw the value in Lean Startup methods and began to use it, suggesting founders should learn who your early adopters are going to be and determine your minimum viable product (MVP) as early as possible, but “Don’t try to slay the dragon all at once,” she said. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
How To Use Lean Analytics In Mobile Game Development | Aviv Stern

Lean Startup

Play Episode Listen Later Jan 17, 2019 38:51


We recently hosted a webcast conversation between Lean Startup Co. Faculty Member Elliot Susel, and Aviv Stern, Chief Data Officer at Social Point, a gaming company, to discuss using lean analytics in mobile game development. Don’t have time for the full webcast now? Catch the webcast highlights and tips from their conversation in our companion blog below. Aviv got started working for Fortune 100 companies in a corporate environment in data back when data analytics was called “business intelligence,” he said. No matter what you call it, Aviv said the goal of analytics is finding a way to use data to benefit a business. Aviv praised the Lean Startup method for being intrinsically data driven, a good selling point when you’re trying to convince founders or a small product team to invest in data analytics. “Each of the stages, like build, measure, learn, has integrated into it [a] data-intrinsic approach,” Aviv pointed out. Convincing product development teams to do A/B testing early on—in which you put out two versions of a product or service and see which version is better—can be a challenging battle, Aviv said, so Lean Startup is a great approach to take. Aviv came to Lean Startup after what he called a typical startup experience, “the failing kind” that was also educational. After bootstrapping a data science app for about a year that “we were sure was going to change the world” only to have it fail, it led Aviv to ask how they were developing solutions. “That’s how I found myself really shifting the approach I had…to be much more lean, really focusing very early on validating,” he said. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Life on Brand
Bringing Mindfulness To The Tech World With Lean Startup Co's Stacy Conlon

Life on Brand

Play Episode Listen Later Jan 8, 2019 62:00


When was the last time you were stressed out? For most of us, stress dominates our lives and it is important to learn to manage it. Our minds and our lives are constantly moving at 100 miles per hour and the evolution of our digital society isn't helping. So what can we do to combat the stress? The answer is slowing down through mindfulness and meditation and we know no better person to guide us through this topic than our good friend Stacy Conlon, aka The Zen Girl. Stacy is also the Director of Business Development for the Lean Startup Co, so we talk plenty of entrepreneurship before Stacy leads us through a special exercise that can help us all avoid burnout during the everyday hustle. --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/life-on-brand/message

Lean Startup
How To Build A Nonprofit Using The Lean Startup | Kris Newcomer

Lean Startup

Play Episode Listen Later Dec 20, 2018 34:13


We recently hosted a webcast conversation between Kris Newcomer, Executive Director at The Firefly Sisterhood, and Marilyn Gorman, Lean Startup Co. Faculty Lead, on using Lean Startup methods to launch a successful non-profit as well as make positive changes outside of the business world. In Kris and Marilyn’s conversation, they discuss: - How Kris found The Lean Startup book and then used it to launch The Firefly Sisterhood nonprofit. - How the methodology helped her move forward and make decisions despite not knowing all the information. - How they used “Pivot or Persevere” as they were building their organization. And much, much more… Kris Newcomer is the first to admit that she became the Executive Director of Firefly Sisterhood — a non-profit organization that connects women recently diagnosed with breast cancer with inspirational survivors — by being in the right place at the right time. The idea for the non-profit originally came from an internal competition at General Mills called “The Big Bold Idea.” Yoplait, a brand under General Mills, has always done work with breast cancer, so they pitched an idea called (at the time) “Big Sister, Bigger Sister” which won the contest. But after they got the money to actually begin to build the project, they realized that the idea was too big for them to do it justice internally. That’s when Kris got involved. “I was working for another non-profit and got a call...and [was] asked if I could talk about starting a non-profit.” Those talks eventually led to her being offered the role of founding executive director of the project. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Part Three: Lean Startup In The Hard Sciences | Chris Thoen & Jason Whaley

Lean Startup

Play Episode Listen Later Nov 30, 2018 76:56


We recently hosted the third webcast episode of a mini-series we’re doing with Rhapsody Venture Partners on Lean Startup in the hard sciences where we spoke with Jason Whaley from Rhapsody and Chris Thoen, former CTO of Givaudan, the world’s largest flavor and fragrance company and former Managing Director of Open Innovation at Procter & Gamble. They spoke with Lean Startup Co. faculty member Hisham Ibrahim. In Hisham, Chris, and Jason’s conversation, they discuss: - How to bring the small startup mentality to big corporations - The importance of ambidexterity in leaders so they can maintain the right balance between managing the core business and continuing to innovate - The importance of open innovation in order for companies to grow in today's fast-paced marketplace And much, much more... Chris Thoen spent nearly the entirety of his 32-year career working in science and innovation, and he’s done so while deftly balancing between working for large corporations and small startups - often finding ways to work with both types of companies at the same time. When he was fresh out of college, Chris’ first job was at a small biotech startup in Belgium. It was not only a good transition from University life to professional life, but it was a great introduction to how young companies can really work. But after a few years, he wanted more of a challenge and the ability to continually innovate on new ideas, which led him to his next job at Procter & Gamble. “Essentially every six months you [were] on a new project,” Chris recalls, “You’re doing something different, they’re stretching you as a scientist, or potentially as a manager.” The fast-paced nature of the company suited Chris and he spent the next couple of decades of his career working on projects - big and small - for the company. One of the highlights of his career was working on what he describes as essentially a “startup within the corporation” called Clay Street. For 12 weeks, he and 11 other colleagues from different functions of the organization, worked exclusively on a single project. It’s something that Chris still thinks about fondly. “It was so empowering, so aspirational,” he says. From there Chris went on to lead Procter & Gamble’s Connect and Develop Program - or what he calls their “open innovation program” - where he worked to stretch targets and figure out how to go outside of their own company walls to make new things happen. Most recently, he was the leader of science and technology at Givaudan, the world’s leading flavor and fragrance house. While he was there, he became a founding partner of MassChallenge Switzerland, an accelerator that takes no equity and helps startups hone their business and prepare their pitches for investors. Because, according to Chris, it’s important for large companies to find ways to ensure they continue to re-innovate and reinvigorate themselves with new ideas. “We wanted to link with startup communities to get that stimulus...that boost of energy for our own management team to really see….how other people develop new ideas and novel propositions and how you could work together to bring those ideas to the market.” Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
How To Turn Data And Metrics Into The Right Kind Of Action | Mark Graban

Lean Startup

Play Episode Listen Later Nov 8, 2018 30:19


We recently hosted a webcast conversation between Mark Graban, Author, Professional Speaker, and Consultant, and Marilyn Gorman, Faculty Lead at Lean Startup Co., focused on the importance of metrics and how visualizing data can help foster better learning and more improvement for your organization. In Marilyn and Mark’s conversation, they discuss: - Why you shouldn’t react equally to every uptick or downturn in a business metric. - How to distinguish between signal and noise in metrics and respond accordingly, which includes not overreacting. - How to use “Process Behavior Charts” to make better management decisions. And much, much more... The Lean Startup Conference 2018 is sold out but you can still catch all the keynote talks with our free live stream (Nov 14-16). Sign up here: https://lsp.formstack.com/forms/livestream_registration_2018 For the past twenty years, Mark Graban, author of the book "Measures of Success: React Less, Lead Better, Improve More" and senior advisor to the software company KaiNexus, has been paying attention to how companies and startups use and react to metrics. “Everybody’s got goals and objectives and targets and the action or reaction — or maybe overreaction — that occurs every time there’s an up and down in metrics,” he says, “people feel like they’re taking action, but it might not always be the right action.” Mark believes that it’s important for companies of all sizes — from startups to big corporations — to take a step back and evaluate how they look at metrics. It can be easy for a company to look at the numbers and react to every uptick, downturn or minor change — something Mark likes to call the “noise” in a metric. But he thinks it’s important for companies and individuals to determine whether or not that noise is a meaningful signal or just a standard fluctuation around an average that doesn’t need to be addressed. But, Mark emphasizes, it doesn’t have to be complicated. A lot of companies use metrics to hyper-focus on growth, but what they should be using them for is better learning. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

action data consultants metrics measures professional speakers right kind mark graban kainexus lean startup conference lean startup co process behavior charts
Time4Coffee Podcast
63: Lean Impact Solutions to Social Problems With Ann Mei Chang, Lean Startup Co. [Main T4C Episode]

Time4Coffee Podcast

Play Episode Listen Later Nov 8, 2018 39:02


Ann Mei Chang is the Executive Director of Lean Impact at Lean Startup Co., a company that  encourages all organizations, especially ones seeking solutions to social problems, to think like startups. She is also the author of the new book LEAN IMPACT: How to Innovate for Radically Greater Social Good, which takes a closer look at the idea of applying entrepreneurial thinking to social problem solving and explores examples of how these theories have played out in advocacy organizations around the world. Ann Mei came to this work through a winding path of both social and technological innovation. After graduating from Stanford with a degree in computer science, she went to work in Silicon Valley as a software engineer, and quickly climbed her way up the management ladder as she moved between tech startups. But after 20+ years in fast-paced Palo Alto, Ann Mei decided it was time to use her skills as an engineer and innovator to truly make the world a better place. More specifically, she set out to end global poverty. She began a career in government work and again climbed the management ladder quickly, becoming the Chief Innovation Officer at USAID and later the first Executive Director of the US Global Development Lab. She also served the US Department of State as Senior Advisor for Women and Technology in the Secretary’s Office of Global Women’s Issues and, after moving from government to NGO work, Chief Innovation Officer at Mercy Corps. Today, Ann Mei combines the skills she’s developed over her two illustrious careers to bring a new approach to solving global social issues by thinking like the innovator and engineer she always will be. The post 63: Lean Impact Solutions to Social Problems With Ann Mei Chang, Lean Startup Co. [Main T4C Episode] appeared first on Time4Coffee.

Lean Startup
Lean Product Development And How To Choose The Right Value Proposition | Lars Lofgren

Lean Startup

Play Episode Listen Later Nov 1, 2018 36:22


We recently hosted a conversation between Lars Lofgren, Senior Director of Growth at I Will Teach You To Be Rich, and Elliot Susel, Faculty Member at Lean Startup Co., about implementing lean product development into your organization and how to choose the right value proposition. In Lars and Elliot’s conversation, they discuss: - How Lars moved the company from a rigid waterfall product development process to a more lean approach. - Why the most important part of the product development process is choosing the right value proposition. - How to choose the right value proposition through customer interviews, surveys, and AB testing. And much, much more… When Lars came on to I Will Teach You To Be Rich, the company was engaged in a waterfall approach to product development where they released a bunch of courses at once and hoped they’d make “a bunch of money,” he said. The process had some hits, but just as many misses, and he knew it was time to make some changes. As his role shifted from generating new leads to product development, he realized that it was important to drive new products to maintain the growth of the company but the process had to be significantly refined toward a lean approach. “I didn’t throw out the entire process,” he explained, “but I did throw out huge chunks of it. Now I’d say 80% of the cycle is completely different even than a year ago.” Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Life Lessons We Can Learn From Founders | Noam Wasserman

Lean Startup

Play Episode Listen Later Oct 25, 2018 38:14


Our Lean Startup Conference is just a few weeks away, and this week we were lucky enough to host a conversation with one of our keynote speakers, Noam Wasserman, author of the bestselling book The Founder’s Dilemmas, and the author of the new book Life Is a Startup. Noam spoke with Lean Startup Co. Faculty Member, Elliot Susel, about the overlap in founder and life lessons and the importance of proactively tackling those issues in our business and personal lives. In Elliot and Noam’s conversation, they discuss: - Why focusing on people decisions is just as important as product. - Key business lessons we can learn from founders and how we can apply those same lessons to our personal lives. - The importance of doing research well. And much, much more… It was still early in his career when Noam Wasserman recognized the importance of focusing on the people around you. He was just starting out as an engineer when he noticed a pattern. “If we focused on anyone besides ourselves….it was the customers, and a key thing is we then neglected to think about the team we’re building with.” Around the same time, Noam came across an article about venture capitalists by Bill Solomon. In the article, Bill found that 65% of startups that failed did so not because of product issues, but because of people problems and tensions between founders. The importance of that statistic stuck with him. In his own experiences as a founder, Noam realized the significance of understanding the people part of the business. Because when it comes to startups, people are just as important as product. In his shift to academia, Noam continued the pursuit of understanding the key areas where founders make fateful decisions — including people decisions — and how they can make better decisions to increase their chances of success. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Innovate Better By Listening To Your Customers | Sonali Shetty

Lean Startup

Play Episode Listen Later Oct 18, 2018 44:19


We recently hosted a webcast conversation between Sonali Shetty, Entrepreneur & Founder of Kova Digital and Elliot Susel, Faculty Member at Lean Startup Co., focused on innovation and why it’s so important to speak to your customers early and often. In Elliot and Sonali’s conversation, they discuss: - The three major types of innovation. - The importance of making it someone’s job in your company to work on innovation. - Why it’s important to speak to your customers early and often to learn about what they want and need. And much, much more… About ten years ago, Sonali Shetty recognized an approaching shift in the way companies could interact with their customers. Apple had just opened the app store, social media was on the rise, and Facebook had opened up their API to third party app developers. All of a sudden, companies could now directly communicate with their customers and client base. It was a new frontier. “I wanted to...educate [startups and corporations] on what this change meant for them and how they needed to prepare for it,” Shetty says. So Kova Digital was launched. At the time, they were a third-party app developer on Facebook. But the digital world took off quickly, and very soon the landscape evolved. Products weren’t just limited to apps, but mobile, web, and IoT came along, as well as algorithms and machine learning. But all this didn’t change Shetty’s focus, it just expanded the ways in which Kova Digital could help their customer base. Shetty likes using the Deng Xioping analogy of crossing a river by feeling the stones. Your goal of crossing the river remains your focus, but you’re feeling your way as you go, stepping on the stones that provide the most solid footing and make the most sense. “We always wanted to be a product innovation company, but we pivoted and modified in the best Lean Startup tradition in terms of what that means,” she says. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
The Skinny On Lean Education | Matt Candler

Lean Startup

Play Episode Listen Later Oct 4, 2018 42:09


We recently hosted a webcast conversation between Matt Candler, Founder & CEO of 4.0 Schools, and Marilyn Gorman, Faculty Lead at Lean Startup Co., about how lean principles are being used in education. In Marilyn and Matt’s conversation, they discuss: - How early assumptions about what your customers want can hurt your credibility and waste time. - Why it’s important to know the problem you are trying to solve, and then having the courage to experiment in a small way. - The importance of building something for a customer segment rather than a one-size-fits all product for everyone. And much, much more... Seven years ago, 4.0 Schools founder and CEO Matt Candler set out to change the future of schooling. As a lifelong educator, he recognized that innovations in education were few and far between and that the people who were best able to come up with new, groundbreaking ways to reach and teach the students, parents, and members of our communities, were the educators themselves. So 4.0 Schools was created and launched in order to fund and guide educational entrepreneurs and help them launch new charter public schools in the south east. Unfortunately, their efforts didn’t churn out the changes in the system they were hoping to see. “Many of those schools when they first were created were not very different,” says Matt, “they were evolutionary or iterative at best.” But around the same time, a few of Matt’s colleagues asked if they could run an experiment on the side. They wanted to work with teachers in New Orleans (where 4.0 Schools is based) who weren’t ready to quit teaching or launch a new school, but still wanted to try something new. What Matt and his colleagues discovered was a gap between the people who have innovative ideas about the future of school and their ability to do anything about it. So in just the second year of their organization, 4.0 Schools completely changed focus from expensive, year-long fellowships for educational entrepreneurs, to helping craft pilot programs for educators who want to make a difference. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
How To Build A Community Centered Product | Mikael Cho

Lean Startup

Play Episode Listen Later Sep 27, 2018 46:26


We recently hosted a conversation between Mikael Cho, Co-Founder & CEO of Unsplash, and Elliot Susel, Faculty Member at Lean Startup Co., about how Unsplash put community at the center of their product. In Elliot and Mikael’s conversation, they discuss: - How starting with something small and high quality can lead to something much bigger. - How to encourage your community to participate in your product design. - Why it’s important to make “being useful” your first priority instead of making money. - The importance of trusting your intuition but also seeking feedback. - And much, much more... Co-Founder & CEO of the photo-sharing startup, Unsplash, Mikael Cho, spoke with Lean Startup Co. faculty member, Elliot Susel, about how a simple problem with photo access filled the needs of a community of photo lovers. The most successful startups often tap into an unfulfilled need that nobody has gotten around to filling. Unsplash did just that in the photography space. Mikael, who comes from the design industry, saw a problem that needed solving before he ever planned to start a company from the solution. When building the website for his design business, Crew, Mikael quickly realized that finding good photos that didn’t cost a lot of money was “a really crappy process.” He wanted a way to remove the licenses from photos so users could have access to high quality photos without paying a lot or jumping through hoops. The easiest solution was just to take them, themselves. They hired a photographer. Left with a bunch of unused photos after the shoot, Mikael wanted to use them to create a photo-finding experience that would be the opposite of his own bad one. “We made the ideal experience for someone who wanted to use photos, and we could use our own,” he said. With a $9 domain name for Unsplash and a Tumblr theme for $19, they threw up a simple website in three hours with one goal: to upload ten new photos every ten days for anyone who wanted to use them. From there they used public Dropbox links hooked up to a MailChimp newsletter and a Google Docs sign up form. Their website was so simple Mikael says they were actually embarrassed by it and didn’t plan to share it too widely. The only bit of advertising they did was to post a link to Unsplash on Hacker News, a site where they’d never had much success, so if it flopped, it would be no big deal. Instead, what followed, Mikael calls a “happy accident”: tens of thousands of people signed up on their Google Doc and began accessing the photos. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Part Two: Lean Startup In The Hard Sciences | Jeff Uhrig & Jason Whaley

Lean Startup

Play Episode Listen Later Sep 20, 2018 58:31


We recently hosted the second episode on a mini-series we’re doing with Rhapsody Venture Partners on Lean Startup in the hard sciences where we spoke with Jason Whaley, General Partner at Rhapsody and Jeff Uhrig, CEO of Sirrus. Rhapsody is a venture capital firm that specializes in startups in the hard sciences, and Sirrus is a Cincinnati-based developer of novel chemicals that will reduce the time, energy requirements and environmental footprint of many manufacturing processes. They spoke with Lean Startup Co. faculty member, Hisham Ibrahim about how they were able to take smart steps to successfully build - and sell - Sirrus in just five years and how believing in themselves is an important part of the process. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
How Moving To A Startup Can Be Rocket Fuel For Your Career | Jensen Harris

Lean Startup

Play Episode Listen Later Sep 13, 2018 55:28


We recently hosted a conversation between Jensen and Elliot focused on taking the leap from a big company to launching a start-up and the differences between those two company cultures. In 2014, Jensen Harris had a conversation with Kieran Snyder about their mutual dissatisfaction with writing software. “Here we are, 40 years into the post typewriter era, and still, all the software [we have] to write [does] the same thing a typewriter did,” he says. So, sixteen years into his career at Microsoft, Jensen Harris decided it was time to set out and try something new: launch his own startup. “Although I loved much of what I was doing...I felt like it was time to make a change,” he says. So Jensen and Kieran decided to go for it. They quit their big corporate jobs and set out to raise seed money for Textio - augmented writing software that uncovers meaningful patterns in language to help you know how your words are going to work and guides you to stronger communication in your writing. “It’s the biggest advance in writing since the computer,” Jensen says. Now three and a half years into their venture, Textio co-founder and CTO Jensen Harris spoke with Lean Startup Co. faculty member Elliot Susel in a recent webcast about the differences between working for big companies and startups and taking chances to further your career. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education

Lean Startup
Part One: Lean Startup In The Hard Sciences | Aidan Mouat & Carsten Boers

Lean Startup

Play Episode Listen Later Sep 6, 2018 69:43


We recently hosted a conversation between Hisham, Aidan, and Carsten about how Lean Startup is applied in the hard sciences. This is part one of a new mini-series we’re doing with Rhapsody Venture Partners. Our first conversation focuses on the startup, Hazel Technologies. Carsten Boers is Managing Partner of Rhapsody Venture Partners, and Aidan Mouat is Co-Founder and CEO of Hazel Technologies. Their two companies meet at the intersection between science and entrepreneurship. Rhapsody is a venture capital firm that specializes in startups in the hard sciences, and Hazel Technologies makes products that improve the shelf life and quality of produce when stored. They spoke with Lean Startup Co. faculty member, Hisham Ibrahim about how they work together as “a well-oiled machine,” as Carsten puts it, and the lessons that have emerged from the process. Email us: education@leanstartup.co Follow Lean Startup Co. @leanstartup https://leanstartup.co/education/

Lean Startup
How Lean Startup Co. Coaches Support Department Of Defense Innovation | Erin Bugg & Marilyn Gorman

Lean Startup

Play Episode Listen Later Oct 6, 2017 25:34


Gone are the days when Lean Startup was used only by two guys in a garage. The methods have gone mainstream and are being practiced in industries across the globe. To date, our Lean Startup Co. Education Program Faculty have coached more than 30 teams from intelligence agencies including the NSA and NGA. In this webcast, hear from Erin Bugg of the NSA, their Lean Startup Co. coach Marilyn Gorman, and Co-Founder of Lean Startup Co., Heather McGough, who discuss the transformation of the Agency culture around the pillar of innovation. Topics include: getting stakeholder buy-in and challenges in facing bureaucracy, making decisions at speed underpinned by data, delivering value to customers, translating the method across disciplines, and more. Email us: education@leanstartup.CO Follow Lean Startup Co. @leanstartup Follow Department of Defense @DeptofDefense Heather McGough can be reached on Twitter @UrbanitySF www.leanstartup.co/education

Lean Startup
The Hustle | Sam Parr

Lean Startup

Play Episode Listen Later Sep 5, 2017 15:28


Sam Parr is founder of Hustle Con Media, one of the fastest growing media companies in the U.S. Sam joins Lean Startup Co. contributing editor Jennifer Maerz to talk about how he grew his brand to 3 million readers in eight months, and how he continues to push the boundaries through experimentation and relentless community development.

hustle sam parr lean startup co
Lean Startup
GE's FastWorks Journey Engaging In A Cultural Transformation | Sinead Clarkin & Heather McGough

Lean Startup

Play Episode Listen Later Sep 1, 2017 25:14


GE's adaptation of the Lean Startup program, called FastWorks, has been well documented thus far. But what are the specifics of the ongoing journey of the FastWorks mindset and methodology, as it makes its way through the organization in an effort to drive innovation and shift GE’s culture? How is GE building and scaling FastWorks across the company? How has GE measured its success to-date, and what does the future of FastWorks look like? In a conversation with Lean Startup Co. co-founder Heather McGough, GE’s FastWorks Skills Director, Sinéad Clarkin, will discuss GE’s learning journey with FastWorks. Sinéad will take us through the pain points, skill requirements, and roadmap for this landmark program.

Lean Startup
How Enterprise Companies Can Use Product Analytics To Move Fast | Justin Bauer

Lean Startup

Play Episode Listen Later Aug 17, 2017 44:35


Partner Webcast: How Enterprise Companies Can Use Product Analytics to Move Fast When: Thursday, August 17 at 9am PT/noon ET Featuring: Justin Bauer, VP of Product at Amplitude Product leaders at enterprise companies face a variety of challenges to moving fast. They come up against issues such as a lack of urgency to learn, decision making formed by opinions instead of metrics, and a lack of accountability to and ownership of metrics. In the current “age of the customer,” making decisions and iterating quickly is critical to staying competitive. Justin Bauer, VP of Product at Amplitude, will discuss how leading product organizations are using product analytics to spur innovation and increase decision velocity. By decentralizing decision-making and using metrics to ensure alignment and accountability across large teams, enterprise companies can use product analytics to empower those closest to customers’ problems. Justin will be interviewed by David Binetti, a Senior Faculty member with Lean Startup Co. Corporate Education Program and a six-time entrepreneur.

Lean Startup
Netflix and LeanStartup Experimentation | Jim Cook

Lean Startup

Play Episode Listen Later Aug 16, 2017 54:21


In this webcast Jim Cook, the current CFO of Mozilla, discusses his influential experiences running many of the early Netflix experiments. There were challenges every day, and data collection was rigorous. He is interviewed by Lean Startup Co. Corporate Education Program faculty member, Hugh Molotsi. www.leanstartup.co.

Lean Startup
General Electric’s Secret to Empowering Employees to Work Smarter | Janice Semper

Lean Startup

Play Episode Listen Later Apr 5, 2017 47:39


In transforming the way they work, GE knew it was time to rethink the performance process. Old performance management systems don’t work in a fast-changing market. The old way restricts them and doesn’t allow for the innovation critical for companies to remain relevant today. Join us in learning how to redefine and rebuild your company’s culture during an interview with Marilyn Gorman, Senior Faculty for Lean Startup Co.’s Education Program, and Janice Semper the Culture Leader for General Electric.The Lean Startup approach goes beyond building products and can be a toolkit used for the entire company, fundamentally changing the way we work and think. Email us: education@leanstartup.CO Follow Lean Startup Co. @leanstartup Heather McGough can be reached on Twitter @UrbanitySF

Lean Startup
Combining User-Centered Design & Lean Startup To Build Better Products | Laura Klein

Lean Startup

Play Episode Listen Later Sep 19, 2016 60:52


A Q&A with Product Expert Laura Klein When: Thursday, September 15th at 10am PT / 1pm ET. Featuring: Laura Klein, Principal at Users Know Most companies trying to incorporate Lean Startup into their product development process run into similar issues. There’s the question of where good design, user research, and product management fit into the Build, Measure, Learn loop. There’s the challenge of building something people love while shipping code 50 times a day. How do you build something great today while also planning for what to build tomorrow? And should you focus on user acquisition or making your current users happy? Bring your questions, problems, and frustrations to this webcast with product expert Laura Klein. She’ll help you figure out how to create a user-centered, data-informed product cycle that lets you build, measure, and learn more effectively. Moderated by Phil Dillard, Lean Startup Co. Faculty