Decisions Posts

Paralyzed by options

A few friends seem stuck in that luxurious rut: too many options. It inspired a section for Decision Hacks:

The Data Always Says Yes

Our ability to spot opportunities is limited by our intentions, even when we’re trying to be scientific.

The Immediate Response Fallacy

Why a lot of startup experiments mislead us into believing customers don’t care.

Mastery

Seems we’re getting rusty with technique, instead letting ourselves get caught up in process and tools.

Self-improvement vs self-confidence

"Releasing your potential is a very dangerous idea. You should stay away from your potential. You'll mess it up."  - Dylan Moran Self-improvement is a dirty ...

First, seek to understand.

Whether it’s negotiation, mediation or even international politics, we know it’s important to first seek to understand the other side. When launching a busin...

Tips on choosing your customer learning method

Exploration, pitching and concierge are 3 common experiment categories in the startup world.  Often these are incorrectly seen as steps, but they’re not. Thi...

Cocktail CustDev - and the risks of over-formalising your interviews

At the early stage of CustDev - Customer Discovery - you’re seeking a commercial opportunity that shows strong market pull. This type of discovery happens mu...

What spies can teach us about Customer Development

Essential Customer Development skills - Softball, Anchor and Deflection questions

Customer Development might be a process, but conversation is a skill.   Particularly, getting the information you want depends on your skill in controlling t...

6 quick checks to avoid wasting time on tough decisions.

Ever caught yourself spinning your wheels on a decision, letting it hold you back from progress? We see this all the time with startups since so many decisi...

Scientists, Lean Startup and creativity

When I told a table full of biologists about Lean Startup, one asked, “doesn’t that mean you’re taking the creativity out of entrepreneurship?” I replied, “...

3 commonly missed benefits of Lean & Agile

The business benefits of Agile and Lean are often misunderstood.  I’ve seen this lead to painful attempts.

The future of Lean Startup - 9 areas I'm watching for faster market traction

Lean Startup’s great strength is that it evolves – it shows its practitioners what really works and what doesn’t. This makes Leancamp work - Leancamp creates...

Business model trigger questions - a way to spot viable options quickly

When it comes to business models, a lot of founders tend to copy blindly. It used to be SaaS and Freemium, now it’s marketplace and co-creation. Yet the busi...

Recording the right information for strategic decisions.

tl’dr Improve the frequency & quality of strategic decisions using a lightweight recording system.

What's your learning bias?

"If you already think you are a great singer and a well-happening front person, we have a problem. It means you will have the sort of ego that will render it...

For us, by us. Lessons learned from validating the Leancamp model.

Since the first Leancamp, it’s been clear it built community.  The problem has been that it is more expensive than a Barcamp, so the sponsorship model has be...

A Visual Language For Finance Patterns

You don’t need numbers to understand many important dynamics in accounting.

Better learning through velocity. How to use Kanban to learn faster.

Always choose the option that minimizes the total time through the feedback loop. – Eric Ries

How to get statistical confidence from your tests with small amounts of data.

tl;dr Split-testing doesn’t verify your numbers, it only verifies which option is better. If one of the options tested is a clear winner, you’ll know with sm...

5 Traits of Earlyvangelists, aka How to solve problems that pay.

While mentoring at Lean Startup Machine London, I covered one of the most fundamental concepts in Customer Development, the 5 characteristics on an Earlyvang...

Will your customers bite? The Dogpark Test.

via ow.ly When you think a customer group will have a specific problem that's painful enough that they're already looking for a solution, you can val...

Using FiveSecondTest for landing page design.

I use FiveSecondTest.com to test landing pages before I build them. It shows a mockup of your page to random people for 5 seconds, then lets you ask them que...

The Market Positioning Myth

</param></param></param></embed> There’s a dangerous myth about market positioning that can keep you from seeing true customer needs...

How To Price A New Product

Cover via Amazon A product designer from LKIC’s Tycoon Bootcamp approached me for help determining the price for his new product, and getting it to market. ...