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Fat startup: Learn the lessons of my failed Lean Startup

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Re: Fat startup: Learn the lessons of my failed Lean Startup

#21
Fist of all, it might be not the right choice of methodology as government and non profit clients are not the best audience to apply "lean". These guys are very conservative, especially in Canada.

Second, it appears a lot of problems appeared because founders didn't know what they are building or what they want to build and relied on "lean" as a magic bullet to help them figure it out.

Third, it's hard to believe but I've met people who applied "lean" and other methodologies without actually diving deep and at least reading the underlying manifesto books thoroughly. Lean methodology is so easy, isn't it? Build an MVP and then iterate.

To sum it up, there's nothing wrong with lean methodology. These guys first failed at understanding it. Then no wonder that they double failed at execution.

Re: Fat startup: Learn the lessons of my failed Lean Startup

#23
It's not enough to simply survey people on whether or not they have a problem and then go build. Building good software means building something that people want to use. If you fail to properly dive into customer development and learn about your customers base (what tools do they currently use, who are the early adopters, what are the existing barriers to entry) then you will likely not succeed.

Simply reading one book and some blogs on Lean (or any other methodology) also does not make you an expert. You should read about many different business strategies to understand the key parts of them and how they are similar and different. It's a bit naive (arrogant?) to think you can just read a book and then go conquer the world without having to constantly learn and adapt during the process.

Re: Fat startup: Learn the lessons of my failed Lean Startup

#24
It's difficult to work out if the author is saying that his startup ended up 'fat', or that it would have been better if the startup had been 'fatter'.

I'd argue the problem was the former. It sounds like they spent a large part of the runway on things that were not part of the MVP (patents, funnel, extra employees, etc). This is exactly what the concept of 'lean startup' is designed to avoid - 'lean startup' and 'mvp' means you throw out everything that isn't targeting on creating a product that people will buy. You don't throw out parts of the product itself to be lean, you throw out everything that isn't required for the core offering. By the sound of it, the author threw out the core offering and focused on the 'fat'.

EDIT: The 'viable' in MVP is a very specific word that is straight out of the dictionary definition. As from Google dictionary:

  vi·a·ble  
  /ˈvīəbəl/
  Adjective
  Capable of working successfully; feasible: 
  "the proposed investment was economically viable".
Very clear. The MVP for humans going to space is a billion dollar ecosystem including runways, safety checks, logistics, long range communications, etc. An MVP can still cost a billion dollars - MVP does not mean cheap.

Re: Fat startup: Learn the lessons of my failed Lean Startup

#25
I'd like to suggest that all the lessons learned here are precisely what Lean Startup teaches-- with techniques that are meant to prevent you from spending two years in a death spiral.

Segue to edit of my standard rant on this subject: (originally posted on: http://news.ycombinator.com/item?id=3429906)

MVP != half assed, cheap, shitty product. It is exactly what it says: a minimum viable product, key word being viable. An MVP for a mission critical application or a cutting edge piece of research isn't going to be cheap or easy, because it needs to be viable.

Because of the name, many people make the assumption that doing a Lean Startup means not taking the time or money necessary to execute properly, this is not the case. Lean means conserving capital by focusing on iteration until you each product market fit, and only then ramping up sales or marketing, but again, if you're cracking a new market, untested technology, or going up against mature competition, even that phase of conserving capital and focusing in product may require a lot of capital.

Your product, when released to customers, needs to be usable, and needs to scratch an itch for them, otherwise it is inherently not viable. That's why customer development is so essential, it prevents you from making the worst mistake possible-- building a robust product no one wants. Even if you have the best product idea in the world, the only way to know if the features you add are having a positive impact is to measure the behavior of real, live, human users.

That being said, it's still your responsibility to stay relentlessly focused in your core value proposition. You can't build every feature you're customers ask for, only the ones that make sense for your product.

What we're seeing now is the lean startup backlash where people use the terms but don't really take the time to understand what they mean,.

The Lean startup movement is a powerful set of lessons that can empower entrepreneurs and save us from wasting our time and effort building the wrong things and chasing the wrong metrics, but I guess some of the lessons just have to be learned painfully through experience (it was certainly true for me).

Re: Fat startup: Learn the lessons of my failed Lean Startup

#26
post #10

I like the term "minimum desirable product". Minimum viable product suggests something that barely works, while minimum desirable product alludes to something people actually want.

I upped you on that one - good call on the clarity of desirable over viable.

Re: Fat startup: Learn the lessons of my failed Lean Startup

#28
Oh, so now the whole "we fucked up so let's blame the tools/methodology" has arrived at Lean Startup?

Plus ça change...

Here's a wonderful nugget: "too often Agile development methodologies are used to excuse lack of process and planning". The irony is strong in this one.

The next book on Lean should be a dictionary with just a single word explained in way even a 3 year old can understand: "viable"

Re: Fat startup: Learn the lessons of my failed Lean Startup

#30
post #23

It's not enough to simply survey people on whether or not they have a problem and then go build. Building good software means building something that people want to use. If you fail to properly dive into customer development and learn about your customers base (what tools do they currently use, who are the early adopters, what are the existing barriers to entry) then you will likely not succeed. Simply reading one bo…

Sorry to add to my rant but I get really tired of hearing the "X methodology killed my business" story. There have been hundreds of thousands of successful businesses created and operated by people without formal training in any strategy so why should having read about a business strategy destroy your business? Did it remove your ability to talk to customers and respond to their concerns?

People often fail to address internal issues like limited domain expertise or limited business skills. It's not enough just to see a problem and be excited about solving it, you need some skills (either present or learned) and you need resources.

Lean is focused around learnings. If you had focused on learning rather than whether or not you completed a task (MVP, demo, etc), you'd realize that you've gained a lot from the experience but it wasn't until you reflected that you realized you failed to incorporate those learnings back into the business.

Also, failure to understand that your first customer wasn't an early-adopter really hurt you. If someone isn't willing to jump through hoops to use your product, it either 1) doesn't solve a big enough problem or 2) they aren't an early-adopter.

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