Start-up VS Smart-up: Is there a magic formula for startup success?

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Due to technological advancements, it is easy nowadays to push your ideas further and try to develop them. All types of resources and investments are more accessible. As a result, startups spring up like mushrooms, but stormy winds just as easily blow them away. It seems that only 10% of startups have found the magic formula. Many people and organizations try to analyze the reasons for such a high failure rate. Continue reading “Start-up VS Smart-up: Is there a magic formula for startup success?”

S01E06 The First Challenge

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Hello from the construction site… I just have to wipe off the dirt from my hands in order to continue writing. So… we are very excited here at our workplace playground! We are building a technical center with a hi-tech laboratory and all extras. The whole team voted in favor of this project because many tech people had recently joined our team and they needed a place where they could test their ideas. Jon said that he even had a breakthrough in zero gravity vehicles… Continue reading “S01E06 The First Challenge”

Smart Lean Ideas for Business Development

You might have read Eric Ries’ book The Lean Startup and even apply his principles in practice. But do you apply them throughout the whole process of product development, to every single activity – from the sprout of your idea to picking its fruits and beyond? Few people and companies do. Somewhere on the way they forget to think lean. They get caught up in the game and forget to take it lean – to invest less time, money and efforts.

For those who are not acquainted with the lean method, we shall summarize the concept in several words – maximum results with minimum efforts. Eric Ries also popularizes the idea of minimum viable product (MVP): Continue reading “Smart Lean Ideas for Business Development”