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La photo de cet article représente une extrudeuse à flexibles vue dans une usine d’un pays émergent. Elle me semble illustrer parfaitement une approche qui convient bien à beaucoup d’entreprises : investir au plus simple, au moins coûteux et au plus efficient.
Selon les statistiques de l’INSEE, 25% des entreprises échouent dans leurs 2 premières années d’activité, et 49,5 % échouent dans leurs 5 premières années d’activité.
Vous êtes une start-up ? C’est encore pire ! On parle de 80% d’échecs pour les startups.
Maintenant, vous savez où vous mettez les pieds…
Vous voulez faire baisser ces statistiques et mettre toutes les chances de votre côté ? 👇
Sommaire :
Pourquoi les startups plantent leur projet ? Passer du mode “plantage” au mode “échouer vite et bien” et réussir Quels sont les bénéfices attendus ? Alors est-ce vraiment de la magie ?
Product Market Fit - De la phrase de prototypage à la phase de croissance : 4 étapes pour imaginer et construire votre produit en minimisant les risques.
I often get asked why I created a different adaptation from the original Business Model Canvas by Alex Osterwalder. Lately, this question has bubbled up in frequency which is why I decided to take…
According to research conducted by CB Insights on 101 startup postmortems, the #1 reason new startups fail is because there is no market need for the product/ service on offer. This problem is so…
The Time-Tested, Battle-Hardened Guide for Anyone Starting Anything Guy Kawasaki: kawasaki@garage.com Guy Kawasaki is a founder and Managing Director of Garage Technology Ventures. Prior to this position, he was an Apple Fellow at Apple Computer, Inc. and sits on the board of BitPass, FilmLoop, and SimplyHired. A noted speaker and the founder of various personal computer companies, Guy was one of the individuals responsible for the success of the Macintosh computer. He is also the author of eight books including The Art of the Start, Rules for Revolutionaries, How to Drive Your Competition Crazy, Selling the Dream, and The Macintosh Way. Guy holds a B.A. from Stanford University and an M.B.A. from UCLA, as well as an honorary doctorate from Babson College. (source: Garage.com) Garage Technology Ventures: Garage Technology Ventures is a seed and early-stage venture capital fund, focusing on investing in startups with novel technologies and the potential to build significant companies. Garage launched as garage.com in October 1998. Initially operating as an accelerator, over the next five years Garage helped over 100 startups raise over $400 million, including such companies as Pandora Media, Tripwire, Lefthand Networks, SalvageSale, Hoku Scientific, and Digital Fountain. Garage has also produced a highly acclaimed series of events including Bootcamp for Startups, Silicon Valley 4.0, The Art of the Start, and Launch: Silicon Valley. (source: Garage.com) Quick links:
Video: Guy Kawasaki, the Art of the Start Slides: Guy Kawasaki, the Art of the Start Paper: Guy Kawasaki, the Art of the Start
I gave this presentation about the Lean Analytics book at the Lean Startup Meetup in Karlsruhe. Follow my blog for updates: http://jan-koenig.com/blog/ Or Twit…
“Quel est votre traction?” Une question presque inévitable dans l’écosystème startup. Pour y répondre honnêtement, et comme toujours en startup, le contexte de votre business vous aidera à définir la meilleure métrique qu’il faudra mettre en avant. Preuve tangible que votre startup prend son envol, la mesure de cette métrique et son amélioration seront la preuve tangible de votr
This post describes a way of tracking growth experiments using Google Sheets.
You can find all of the templates in this Google Folder. The growth experiments belong to a method that is strongly based on Brian Balfour’s “How to build a Growth Machine” article. The original on www.coelevate.com no longer exists but this one KissMetrics article seems to contain most of the important points. In my opinion, Balfour’s writing and thinking is some of the smartest in the business.
La traction, comme très souvent dans les startups, n’échappe pas au principe du « fais-en beaucoup pour essayer de récolter un peu ». Je m’explique. Vous ne pouvez faire une landing page et attendre. De même, vous ne pouvez pas vous inscrire à un concours et attendre ou encore envoyer des communiqués de presse et attendre. L’ennemi de la traction c’est l’inaction.
Il n’y a pas pire qu’une startup inactive. Vous voulez de la traction ? Il va falloir envoyer du contenu, donner de l’info, créer de l’activité et y consacrer beaucoup de temps. Voilà comment essayer (je dis essayer car rien n’est sûr en matière de traction) de créer de la traction en 8 étapes
If you confuse Lean with Cheap when you do find a repeatable and scalable sales model, you will starve your company for resources needed to scale. Customer Development (and Lean) is about continuous customer contact/iteration to find the right time for execution.
The Customer Development Venture Pitch At this point I often hear entrepreneurs say, “We don’t have the money to scale. We’ve been running on small investments from friends and family or angels. How do we raise the big bucks?”
How to raise real money with a Customer Development presentation in the next post.
Creating impact is similar to creating customer value. The same general rules apply. But where customer value aims at the customer on an individual level, impact aims at a community or society in general. When we measure impact, we take into consideration all costs, not just the business costs, but also social, environmental and economic costs.
Learn what it takes to build a successful startup using the Customer Development process, where entrepreneurs "get out of the building" to gather and iterate on feedback.
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Are a product launch and a go-to-market strategy the same thing? The answer to that question is a clear no. And we're going to share with you what the differences are.
A soft product launch is part of a go-to-market strategy before you imagine them as two separate elements within the grand scheme. The first commercialisation phase is where a small group pays for your solution. At this stage, you are not actively promoting your product.
Your soft product launch is the first step to creating and executing your go-to-market strategy. A GTM is a sprint where you'll test about 3-4 different channels to identify the right ones, which will be the ones with the best ROI and the best volume.
#Le Growth Sprint, késako ?
L’idée du Growth Sprint est d’intégrer toutes les fonctions business et produits dont l’UX/UI, le marketing, le support client, etc., dans un même backlog pour travailler dans des sprints courts sur lesquels on va itérer et apprendre.
L’agilité n’est alors plus réservée aux équipes de développement, elle est intégrée au niveau même de l’organisation, de manière que toute l’entreprise travaille selon les méthodes agiles. Toutes les équipes qui travaillent sur un produit fonctionnent selon les sprints et les méthodes agiles.
Test Minimum Viable : partez de votre idée et décomposez-la en une brève hypothèse pour avoir un avant-goût de la façon dont le marché va réagir !
3 startups share how they think about and execute customer research and the impact it's had on their business
If you are trying to start a new venture, especially in an area that is new to you, talking to customers and people associated in that ecosystem is actually a must. Also known as customer discovery…
The Start-up Owners Manual This near-encyclopedic guide unlocks the secrets to startup success - walking you, step-by-step, through the tested and proven Customer Development process created by startup expert Steve Blank. Whether you're launching a physical channel startup or one that will sell through web/mobile channels, on these pages, you'll learn how to:
Use the Customer Development method to bring your business idea to life Conduct your search for a scalable, profitable business model Incorporate the Business Model Canvas as the organizing principle for startup hypotheses Find Product-Market fit Get, Keep and Grow customers Fuel growth with metrics that matter
Avoid the 9 deadly sins startups commit most often. The Startup Owner's Manual lays out the best practices, lessons and tips that have swept the startup world, offering a wealth of proven advice and information for entrepreneurs of all stripes. Quick links:
Video: Steve Blank on entrepreneurship 1, 2, 3, 4 and 5 Video: Steve Blank, the start-up owners manual Slides: Steve Blank, the nine deadly sins of start-ups Paper: Steve Blank, the nine deadly sins of start-ups
La traction commerciale représente un élément déclencheur de la levée de fonds. Pour réussir votre pitch deck, voici tout ce qu'il faut savoir sur le sujet
The creators of blue ocean use value innovation to make competition irrelevant by creating a leap in value for buyers and their company which opens up new and uncontested market space. - Value without innovation – focuses on value creation on incremental scale. Improves value but insufficient to stand out in market place.
- Innovation without value – technology driven , market pioneering or futuristic which are sometimes beyond what buyers are ready to accept and pay for.
- Value innovation – requires companies to orient the whole system toward achieving leap in value for both buyers and themselves where innovation is aligned with utility, price and cost positions.
The Pocket Guide of Essential YC Advice
• Launch now • Build something people want • Do things that don’t scale • Find the 90 / 10 solution • Find 10-100 customers who love your product • All startups are badly broken at some point • Write code – talk to users • “It’s not your money” • Growth is the result of a great product not the precursor • Don’t scale your team/product until you have built something people want • Valuation is not equal to success or even probability of success • Avoid long negotiated deals with big customers if you can • Avoid big company corporate development queries – they will only waste time • Avoid conferences unless they are the best way to get customers • Pre-product market fit – do things that don’t scale: remain small/nimble • Startups can only solve one problem well at any given time • Founder relationships matter more than you think • Sometimes you need to fire your customers (they might be killing you) • Ignore your competitors, you will more likely die of suicide than murder • Most companies don’t die because they run out of money • Be nice! Or at least don’t be a jerk • Get sleep and exercise – take care of yourself
Abstract Effectuation, as an emerging theoretical approach in entrepreneurship, is receiving increasing attention in research and practice. Still, the integration of effectuation in sustainable entrepreneurship literature is sparse, and its influence on the sustainability orientation of ventures has so far not been examined in the academic literature. This article, therefore, investigates the influence that causal and effectual behaviors have on the sustainability orientation of established entrepreneurial ventures. This is important to consider, especially if entrepreneurial behaviors were to influence sustainability orientation negatively, this could potentially thwart the venture's ability to create lasting sustainability value. Based on a quantitative survey among 140 sustainable ventures, we find support for the hypothesis that causal behaviors reinforce sustainability orientation. We demonstrate that effectual behaviors exert a positive influence on sustainability orientation as well. Thus, the experimentation and flexibility of goals that ventures possess reflect that effectual behaviors are not at the expense of sustainability orientation. These results can inform sustainable entrepreneurs and educators to use both behaviors purposefully and highlight causal and effectual behaviors are equally important elements for sustainable entrepreneurship education.
The truth is that many startups make the same mistake of thinking if something doesn’t work, it must be everything, or they just guess the wrong reason why their business is not working. The truth is, any part of a customer’s experience can influence them. Here are some other metrics to consider, my own 5C Scorecard:
Customer Numbers A simple, binary index, set and measured for each period, provides visibility, clarity and simplicity of your North Star.
Conversion Rate to be a very telling KPI in that it reveals a combination of the company’s ability to sell its products to its customers and the customers’ desire for the product. It is particularly instructive to track and review Conversion Rate over time and regularly run experiments to improve.
Customer Acquisition Cost (‘CAC’) CAC is the unit cost of spend on sales and marketing, on average, to acquire a new customer. This tells us about the efficiency and effectiveness of our marketing efforts, although it’s more meaningful when combined with other metrics detailed below, and when measured over time.
Customer Retention Rate indicates the percentage of paying customers who remain paying customers during a given time period. The converse to retention rate is Churn (or Attrition), the percentage of customers you lose in a given period. When you see high retention rates over an indicative time period, you know you have a sticky product that is keeping customers happy. This is also an indicator of capital efficiency.
Customer Lifetime Value (‘CLTV’) is the measurement of the net value of an average customer over the estimated life of the relationship. Improving the ratio of CLTV/CAC is critical to building a sustainable company.
There is also one financial metric you need to keep a track on at this stage:
Cash Burn This is simply the net cashflow per month and is critical to the survival of any startup. Runway is the measure of the amount of time until have in terms of cash, expressed in terms of months.
Short Runways cause entrepreneurs to be myopic and removes the liberty to tweak and iterate when necessary. It also forces them to focus on the next fundraising round instead of on growing the business. It’s a separate discussion from this blog, but fund raising should be focused on milestones, not the runway.
Quand le produit est lancé en commercialisation, Anaïs en voit déjà les limites et commence à penser à une V2 et une ouverture de capital. Elle prend quelques contacts dans les fonds d’investissement mais n’arrive pas à trouver leur adhésion : à cette époque les données du marché sont plutôt pessimistes malgré son début de traction (une vingtaine de clients dans le 1er mois).
Elle écume toutes les aides possibles pour le projet, puis sur les conseils du Réseau entreprendre et d’Atlanpole décide finalement, mais un peu à contrecœur, la transformation de BeApp en agence.
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