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?”
Yesterday I heard that Rina, the coach of our Russian team, would come here. I was so happy to see her. She is an amazing person. She is always smiling and compassionate. If you talk to her for even five minutes, you will have the feeling that you’ve known her all your life. We also call her an “idea generator” because she usually drives her team with 60 ideas per hour. It’s always fun to be around her. Continue reading “S01E05 The Story of the Russian Coach”
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”