Steve Blank and Eric Ries presented their lean startup approach to a very receptive crowd at last night’s Startup2Startup dinner in Palo Alto. Here’s a link to the must watch video.
Highlight’s of of the presentation include:
- Startups fail from lack of customer – not product failures
- Fail fast and often on the path to success
- Decide on a business model early
- The correct customer development approach changes by market type
Following the presentation each table discussed the topics over dinner. I was pleasantly surprised that the entrepreneurs at my table had all implimented some form of customer development and agile development.
I liked the part with “Startups fail from lack of customer – not product failures” – can not agree more! Great tips, thanks for sharing!