What if playing it safe is actually holding your startup back? 🚀 In product development—especially in startups—taking no risks might be the biggest risk of all. I’ve seen firsthand how moving too cautiously can lead to being outpaced by competitors or missing key opportunities. As technology leaders, it’s not about avoiding risk; it’s about understanding, managing, and embracing it strategically. In today’s fast-moving startup world, speed and calculated risk-taking can be the difference between success and failure. 💡 In my latest blog, I break down practical strategies for managing risk while driving growth. Are you ready to take your product to the next level? 👇 Click the link to read more. How do you approach risk in your business? Are you pushing the envelope or playing it too safe? https://lnkd.in/efAUA5xb
Sean King’s Post
More Relevant Posts
-
Do the Unscalable to Scale When Silicon Valley investors obsessed over scalability, one of the founders of Y Combinator wrote an essay titled 'Do things that don't scale.' This essay transformed the startup culture in Silicon Valley. When you start from scratch, your primary goal is to go from 0 to 1. Build your initial product and find your customer. Do the unscalable, manual things because the fancy automated technology comes later—once you have a good understanding of what sells and what doesn’t. At first, focus on building the product and getting as many customers as possible. Do everything in your power to grow the business, even if it means using many unscalable manual processes. At SimpleStudying, we reached over 25,000 customers with a 4% conversion rate and $150 average revenue per customer. Then, we automated our manual processes one step at a time and began scaling. Follow me to learn about startups every day! 📣 I am the founder of an EdTech AI startup, building an AI-powered higher education and career- building tool. Watch this video by Y Combinator to learn more! https://lnkd.in/dX25S8q2 #Startups #Entrepreneurship #SiliconValley #YCombinator #Scalability #BusinessGrowth #ManualProcesses #TechStartups #Innovation #CustomerAcquisition #StartupJourney
Startup Experts Discuss Doing Things That Don't Scale
https://www.youtube.com/
To view or add a comment, sign in
-
Head of USA @ Askable | Empowering businesses to get more UX research done—DIY tools or full-service support
In the wild world of startups, staying agile and in tune with your customers is the secret sauce for success. Continuous Discovery is not just a methodology... it’s a mindset that helps you dodge costly mistakes, make smarter decisions, and create products that really hit the mark. Check out the article here 👉 https://lnkd.in/gJSZpj_A
Ever feel like you’re building in the dark? Continuous discovery turns the lights on. 💡 By constantly iterating and validating with real customers, startups can avoid costly missteps and build products and services that truly resonate. Curious about how this works? Jayne Parfitt, Senior Askable Plus Researcher, explains why continuous discovery is your startup’s secret weapon. Read more on the blog 👉 https://lnkd.in/gJSZpj_A #askable #continuousdiscovery #uxresearch #startuplife
Continuous discovery: your startup’s secret weapon | Askable
askable.com
To view or add a comment, sign in
-
This comparison between Lean Startup and Design Thinking clearly illustrates how each methodology addresses innovation and problem-solving from distinct yet complementary perspectives. It's crucial to note that achieving Product Market Fit is a natural consequence of solving a real problem that consumers face, provided these consumers are willing to pay a price that allows for the sustainable development of the proposed solution. Moreover, in practice, it's almost inevitable to use a combination of both methods to effectively address market needs and optimize the delivery of innovative solutions. Merging Lean Startup and Design Thinking can offer a balanced and deeply integrative approach to developing products and services that truly resonate with end users.
𝗗𝗼𝗻’𝘁 𝗪𝗮𝘀𝘁𝗲 𝗧𝗶𝗺𝗲 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗦𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗣𝗲𝗼𝗽𝗹𝗲 𝗗𝗼𝗻’𝘁 𝗪𝗮𝗻𝘁. While it might seem obvious, it's harder than it looks. ❗ 34% of startups fail due to a lack of PMF❗ You need a structured approach to innovation that prioritizes customer validation and iterative development to not succumb to this stat. That's where incorporating methodologies like Lean Startup and Design Thinking can be game-changers, allowing you to innovate with certainty and success. Refer to Alan (AJ) Silber's cheat sheet for a comparison of the two methodologies 👇 It's not a case of choosing one over the other. Merge Design Thinking's deep user focus with Lean Startup's rapid experimentation and validation for a comprehensive approach that covers all the bases. Start with Design Thinking. This phase involves extensive research and observation to uncover deep insights into user needs, behaviors, and motivations. Once you've got a clear user-driven vision, it's time to cycle through build-measure-learn until you hit PMF. By leveraging the strengths of both methodologies... You actually: ✅ Solve a real problem ✅ Build something people like Want to do a deep dive? Check out our Wikipedia for startup advice: https://lnkd.in/eFG_V3t7 #Startups #PMF #Success #Cheatsheet #Tech
To view or add a comment, sign in
-
Saving time, precision in action, impactful results...
𝗗𝗼𝗻’𝘁 𝗪𝗮𝘀𝘁𝗲 𝗧𝗶𝗺𝗲 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗦𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗣𝗲𝗼𝗽𝗹𝗲 𝗗𝗼𝗻’𝘁 𝗪𝗮𝗻𝘁. While it might seem obvious, it's harder than it looks. ❗ 34% of startups fail due to a lack of PMF❗ You need a structured approach to innovation that prioritizes customer validation and iterative development to not succumb to this stat. That's where incorporating methodologies like Lean Startup and Design Thinking can be game-changers, allowing you to innovate with certainty and success. Refer to Alan (AJ) Silber's cheat sheet for a comparison of the two methodologies 👇 It's not a case of choosing one over the other. Merge Design Thinking's deep user focus with Lean Startup's rapid experimentation and validation for a comprehensive approach that covers all the bases. Start with Design Thinking. This phase involves extensive research and observation to uncover deep insights into user needs, behaviors, and motivations. Once you've got a clear user-driven vision, it's time to cycle through build-measure-learn until you hit PMF. By leveraging the strengths of both methodologies... You actually: ✅ Solve a real problem ✅ Build something people like Want to do a deep dive? Check out our Wikipedia for startup advice: https://lnkd.in/eFG_V3t7 #Startups #PMF #Success #Cheatsheet #Tech
To view or add a comment, sign in
-
Lean Startup VS Design Thinking
𝗗𝗼𝗻’𝘁 𝗪𝗮𝘀𝘁𝗲 𝗧𝗶𝗺𝗲 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗦𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗣𝗲𝗼𝗽𝗹𝗲 𝗗𝗼𝗻’𝘁 𝗪𝗮𝗻𝘁. While it might seem obvious, it's harder than it looks. ❗ 34% of startups fail due to a lack of PMF❗ You need a structured approach to innovation that prioritizes customer validation and iterative development to not succumb to this stat. That's where incorporating methodologies like Lean Startup and Design Thinking can be game-changers, allowing you to innovate with certainty and success. Refer to Alan (AJ) Silber's cheat sheet for a comparison of the two methodologies 👇 It's not a case of choosing one over the other. Merge Design Thinking's deep user focus with Lean Startup's rapid experimentation and validation for a comprehensive approach that covers all the bases. Start with Design Thinking. This phase involves extensive research and observation to uncover deep insights into user needs, behaviors, and motivations. Once you've got a clear user-driven vision, it's time to cycle through build-measure-learn until you hit PMF. By leveraging the strengths of both methodologies... You actually: ✅ Solve a real problem ✅ Build something people like Want to do a deep dive? Check out our Wikipedia for startup advice: https://lnkd.in/eFG_V3t7 #Startups #PMF #Success #Cheatsheet #Tech
To view or add a comment, sign in
-
Artical on " STARTUP DEVELOPMENT" Startup Development Phases are a part of an open standard, free framework designed for a holistic view of startup growth. It aims to build a common language and mutual understanding among all key actors in the startup ecosystem, from "idea to product, to growing business" and from "talent to team, to real organization" in a balanced manner. In addition to innovation process from idea to value generating product and market proven business model, startups also need to build a strong and committed founding team and develop both of these together into a real growing business and organization running processes that effectively capture the value created.While there are many great resources and self education tools available for product and business development, where most important ones are captured in this framework as well. Much less resources and focus are available to understanding challenges of building a committed team and growing a scaling organization - especially from globally neutral perspective. #snsinstitutions #snsdesignthinking #snsdesignthinker #snsce
To view or add a comment, sign in
-
💼 The startup world is brutal. You have a game-changing idea, but established giants loom large. Here's the secret weapon you might be missing: a full tech team. Here's how these teams can unlock explosive growth: 🌟 25% Higher Scaling Success 🌟 20% Faster Product Launch 🌟 30% Better Product-Market Fit Ready to level the playing field? Read our latest blog to learn how full tech teams, with both startup experience and industry expertise, can fuel your success. Click the link in the comment to unlock your startup's full potential! --- 🚀 Launch like a pro! Egitech offers free consultations for startups and SMEs to build a winning Digital Transformation strategy, automate processes, and optimize operations – all at a cost-effective price. Contact us today and turn your vision into reality!
To view or add a comment, sign in
-
In a constantly changing business landscape, heavily shaped by artificial intelligence, the journey to success for startups is thrilling, yet littered with complexities. Thanks to Gulf News for allowing me to share my thoughts on why many founders stumble in the scaling process, and the importance of developing a comprehensive strategy that aligns with long-term vision. Scalo Technologies https://lnkd.in/dhaUcYGq
What will startup founders need beyond ideas and innovation?
gulfnews.com
To view or add a comment, sign in
-
Is Your Accelerator Dropping the Ball on Product-Market Fit? Here's What You're Missing. The harsh truth is, many accelerator programs fail to address the crucial component of product-market fit, leaving startups vulnerable and hindering their potential for explosive growth. But why? Often, the focus gets placed on funding, mentorship, and scaling strategies, while understanding the core needs and desires of the target market gets pushed aside. This, friends, is a recipe for disaster! Here's how your program might be dropping the ball on product-market fit: Lack of customer validation: Are you encouraging startups to conduct in-depth customer research and gather real-world feedback early and often? Or are they relying on assumptions and gut feelings? Focusing on features, not problems: Are startups solving actual customer pain points or building products in search of a problem? Guide them to unearth the unmet needs in their target market. Neglecting data and metrics: Are startups tracking key metrics like user engagement, conversion rates, and churn? Without data, they're flying blind and can't measure progress towards product-market fit. Inadequate iteration: Are startups encouraged to adapt and iterate based on feedback? Remember, product-market fit is a journey, not a destination. Foster a culture of continuous improvement. The good news? It's not too late to course-correct! Headway Idea Labs can help you: Integrate customer validation practices into your program's core curriculum. Equip startups with the tools and resources they need to identify and understand their target market. Guide them in building data-driven decision-making habits for continuous improvement Foster a culture of experimentation and iteration to achieve true product-market fit. Stop dropping the ball on product-market fit. Partner with Headway Idea Labs and empower your startups to achieve sustainable and explosive growth! #accelerator #startups #productmarketfit
To view or add a comment, sign in
-
𝗗𝗼𝗻’𝘁 𝗪𝗮𝘀𝘁𝗲 𝗧𝗶𝗺𝗲 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗦𝗼𝗺𝗲𝘁𝗵𝗶𝗻𝗴 𝗣𝗲𝗼𝗽𝗹𝗲 𝗗𝗼𝗻’𝘁 𝗪𝗮𝗻𝘁. While it might seem obvious, it's harder than it looks. ❗ 34% of startups fail due to a lack of PMF❗ You need a structured approach to innovation that prioritizes customer validation and iterative development to not succumb to this stat. That's where incorporating methodologies like Lean Startup and Design Thinking can be game-changers, allowing you to innovate with certainty and success. Refer to Alan (AJ) Silber's cheat sheet for a comparison of the two methodologies 👇 It's not a case of choosing one over the other. Merge Design Thinking's deep user focus with Lean Startup's rapid experimentation and validation for a comprehensive approach that covers all the bases. Start with Design Thinking. This phase involves extensive research and observation to uncover deep insights into user needs, behaviors, and motivations. Once you've got a clear user-driven vision, it's time to cycle through build-measure-learn until you hit PMF. By leveraging the strengths of both methodologies... You actually: ✅ Solve a real problem ✅ Build something people like Want to do a deep dive? Check out our Wikipedia for startup advice: https://lnkd.in/eFG_V3t7 #Startups #PMF #Success #Cheatsheet #Tech
To view or add a comment, sign in
Voted 2022 & 2023 Top 100 CS Strategist | Helping R&D Teams to Unlock Business Outcomes | Senior Manager, Customer Success at LinearB | Founding Lead at CS Insider | CS Angel Member | CCSMP | MBA
1moGood one Sean! Enjoyed reading this