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How to grow your startup

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Great insights by Facebook's head of growth, Alex Schultz.

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NDA – Nix Decent Agreement

NDA – Nix Decent Agreement | Entrepreneurship | Scoop.it
As a sidekick to our current gig, we perform a bit of consulting. A fiddly way to preserve cash (What do I do at 8am? Work for my client thus creating a chargeable hour thus neglecting the actual reason of being of our company, or work full speed for the glory of our startup and
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Why non disclosure agreements do more harm than good for startups.

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Cheat Sheet: Minimum Viable Product | GrasshopperHerder.com by @TriKro

Cheat Sheet: Minimum Viable Product | GrasshopperHerder.com by @TriKro | Entrepreneurship | Scoop.it
Concept: Minimum Viable Product Skill Goal: Be able to test a product hypothesis with minimal resources   "The minimum viable product
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“The minimum viable product is that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort.” – Eric Ries

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How to spend your first $100 in Facebook Ads - Noah Kagan's Okdork.com

How to spend your first $100 in Facebook Ads - Noah Kagan's Okdork.com | Entrepreneurship | Scoop.it
The whole Facebook ads world can be very confusing.
Target this interest, don’t do this hack, make sure to exclude certain people.
Good lord, where to even begin.
Over the past two years, I’ve spent over $2,000,000 buying Facebook ads (see below) and when I worked there I helped build their ad system.

Needless to say I have some experience and can share exactly how to do profitable ad spending on Facebook.
There are many advanced things that you can read about but I’m going [...]
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Rescooped by Patrick Scheuerer from CustDev: Customer Development, Startups, Metrics, Business Models
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The Foundation of Customer Discovery: Understanding Customer Needs | Startup Blender

The Foundation of Customer Discovery: Understanding Customer Needs | Startup Blender | Entrepreneurship | Scoop.it

Adam Berrey's Startup Blender is a blog about starting and building new companies, plus random thoughts on entrepreneurs, tech, life, etc.


Via ukituki
Patrick Scheuerer's insight:

Understanding customer needs is crucial to build a successful business model.

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Alex Moyle's curator insight, February 17, 2014 4:33 AM

Understanding your client needs before during and after interaction is key to demonstrating to your clients you care more about them than yourself,  simple technique to sketch your knowledge out, 

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Validation Board - FREE tool for testing startup ideas, stop wasting time and money

Validation Board - FREE tool for testing startup ideas, stop wasting time and money | Entrepreneurship | Scoop.it
Patrick Scheuerer's insight:

And yet another valuable tool for the lean-startup-minded entrepreneurs out there.

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Tim Ferriss Interviews Noah Kagan of AppSumo.com for creativeLIVE - YouTube

Watch more! http://cr8.lv/19XQHlD This clip is from Tim Ferriss' course, "The 4 Hour Life" on creativeLIVE.com, in it you'll hear from Noah Kagan, the Founde...
Patrick Scheuerer's insight:

Some really great insights about how to quickly learn if your business idea works without breaking the bank. 

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Startup Metrics, a love story. All slides of an 6h Lean Analytics w...

Everything you need to know about Startup Product Metrics. This is a slideshare exclusive. The full 8hour workshop deck. #iCatapult Workshop - 2013-08-12 Lin
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Steve Blank: The 6 Types of Startups

Steve Blank: The 6 Types of Startups | Entrepreneurship | Scoop.it
STEVE BLANK: While we have only one word for “startup,” there are six varieties: lifestyle, small business, scalable, buyable, social and inside a large company.
Patrick Scheuerer's insight:

What kind of startup are you?

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Part I: Validate Your Business Model Start With a Business Model, Not a Business Plan

Part  I: Validate Your Business Model Start With a Business Model, Not a Business Plan | Entrepreneurship | Scoop.it
STEVE BLANK: Entrepreneurs treat a business plan, once written, as the culmination of everything they know and believe. All they need to do is add money and magically that five-year forecast in Appendix A will simply happen if they execute to the...
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Running Lean: The Lean Canvas | Ywan van Loon

Running Lean: The Lean Canvas | Ywan van Loon | Entrepreneurship | Scoop.it
The Lean Canvas as described in the book Running Lean from Ash Maurya is the best way to create and evaluate a business model. By evaluating the Lean Canvas and adapt the it you document the journey to product/market fit.
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Startups: The Day One Dilemma

Startups: The Day One Dilemma | Entrepreneurship | Scoop.it
Launching a startup company in any field is daunting even if you’ve got the next hot product. Getting the message out to your customers on day one is often a make or break challenge for would-be entrepreneurs. The first few sales are often the hardest to achieve, there are few things [...]
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How Uber Changed The Way They Hire

How Uber Changed The Way They Hire | Entrepreneurship | Scoop.it
With a little introspection and fine-tuning of the interview process, Uber found the right people to accelerate its growth.
Patrick Scheuerer's insight:

Uber had to grow its workforce to more than 600 employees in 80 cities in 30 countries. Make candidates think through real-world business problems in the interviews and letting local teams make the hiring decisions we two of the most important success factors.

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Building a Minimum Viable Product? You're Probably Doing it Wrong

Building a Minimum Viable Product? You're Probably Doing it Wrong | Entrepreneurship | Scoop.it
How to choose the right MVP model for your business.
Patrick Scheuerer's insight:

In creating a minimum viable product, entrepreneurs choose between experiments that can validate or invalidate their assumptions about a business model.

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Lean Methods to Help You Test It Before You Build It

Lean Methods to Help You Test It Before You Build It | Entrepreneurship | Scoop.it
Lean methods have been famous amongst young and agile companies for years, but they haven't necessarily penetrated larger businesses yet.
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How do you build a great team for a successful startup?

How do you build a great team for a successful startup? | Entrepreneurship | Scoop.it
Answer (1 of 14): At our startup company, we look for people that complement our culture, but differ in skill sets.
Patrick Scheuerer's insight:

A great team is the number one success factor for a succesful startup. Here's useful thread on Quora on how to build a great team for a successful startup.

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Nordstrom Innovation Lab: Sunglass iPad App Case Study - YouTube

See how the Nordstrom Innovation Lab created, tested and built an iPad app in just one week. For more information, visit: http://nordstrominnovationlab.com
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Great example of human centred design and rapid prototyping.

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How to Get Startup Ideas

Patrick Scheuerer's insight:

How to get fresh ideas for a new startup? Not by looking for a startup idea, but by looking for problems, preferably problems you have yourself.

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The Ultimate Guide to Minimum Viable Products - How to Build a Scalable Business

The Ultimate Guide to Minimum Viable Products - How to Build a Scalable Business | Entrepreneurship | Scoop.it
You don’t want to waste your time and money building a product no one will want to use or pay for. So, first get out of the building and talk to your customers. But there’s a world of difference between talk and action.
Patrick Scheuerer's insight:

Great blog post with various ideas for a minimum viable product.

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Lean Strategy Not Just for Start-Ups — HBS Working Knowledge

Established companies often experience innovation stagnation. The fix, says Intuit founder Scott Cook , is for these companies to adopt a lean start-up model.
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How to Create Your Own Startup Community

How to Create Your Own Startup Community | Entrepreneurship | Scoop.it
BRAD FELD: Watch this  short video, part of the Kauffman Sketchbook series. I developed four principles, which I call The Boulder Thesis, that I believe are necessary for the development of a vibrant, long-term, sustainable entrepreneurial ecosystem.
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Lean Startup Canvas: Your Product is NOT The Product

Lean Startup Canvas: Your Product is NOT The Product | Entrepreneurship | Scoop.it
RT @thomaspichon: Lean Startup Canvas: Your Product is NOT The Product http://t.co/nGDD7B1Dqy by @ashmaurya #CustDev #Startups
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