Welcome to Part 5 of the Lean Startup Machine series. In this post, I summarize the most enlightening comments about Lean Startup machine workshops.
When participants talk about their experiences at a Lean Startup Machine event, they often use the words “inspirational” and “thought-provoking.” Indeed, these bootcamps will change your thinking and challenge your beliefs about the entrepreneurial process. It should thus come as no surprise that the event inspires insightful quotes from entrepreneurial thought leaders and influencers. The following quotes are most relevant to entrepreneurs who want to take their ideas on the road. In other words, digital nomads
Lean Startup Machine Quotes of Cindy Alvarez
Cindy Alvarez mentors startup entrepreneurs enrolled in the Alchemist Accelerator program. Her classic post, titled 10 Things I’ve Learned is featured in Lean Startup Machine handout packets. Here are some of the highlights:
- If someone says, I would not personally use it, but I bet other people would, no one will use it.
- If someone says maybe it s just me, but… it s not. Especially if it pertains to your product being hard to use or your marketing being unclear.
- What features your customers ask for is never as interesting as why they want them.
- You can not build a good product if you do not genuinely like the people who ll be using it. You don’t have to be like them, but you have to like them.
All of these quotes are pertinent to the digital nomad entrepreneur, because they point out the need to truly understand your potential customers. It’s possible that either your product or service is irrelevant to the people in your new environment, or your communication methods are not transcending the language barriers. Furthermore, the idea about liking your customer goes back to the old saying:
“People don’t care how much you know until they know how much you care.”
If you condescend to potential clients, or come off as the USA or big city know-it-all, your project will fail.
Lean Startup Insights from Tristan Kromer
Tristan Kromer teaches Lean Startup methodology to large and small businesses. His tips are a bit snarkier in their nature, so prepare for some tough love. In case you are interested in learning more about Lean Startup methodologies, he is currently seeking interns.
My comments are in parentheses:
Cash in hand beats bullshit on a slide:. A pretty Powerpoint isn’t impressive. Go get a real customer to hand you money. (In fact, winning the contest partially depends on whether you were actually able to collect money from customers)Cash in hand beats bullshit on a slide. A pretty Powerpoint isn’t impressive. Go get a real customer to hand you money. (In fact, winning the contest partially depends on whether you were actually able to collect money from customers)
If your teammates don’t buy in, then test fast and let reality convince them. You’re not going to win anything by arguing. You’ll just end up working alone. (As I mentioned in another article, “equipo” means both team and equipment in Spanish. Your team is your equipment, especially when you are launching a product in a different culture.)
If you’re working on your own idea, your ego is blocking your view of the customer. Listen to your teammates. They have a better vantage point. (And they understand the local culture)
Your goal should be to learn a skill. If you just came to win a competition, you’re wasting your time. (Essentially, everyone wins at a Lean Startup Machine event, as they as they pay attention)
No one can see their own blind-spots. Use your peers and mentors to find them. Don’t argue. Listen and decide. (Equipo!)
If your target market has gone home for the evening, remember that the earth spins. Pick up the phone and call another time zone. (Kromer has traveled all around the world. He knows a thing or two about working in different time zones.)
This concludes the Lean Startup Machine series. Stay tuned for more!
See the rest of the posts in this series:
- Lean Startup Machine Principles for Digital Nomads: Part 1
- Lean Startup Machine Part 2: Invalidate My Assumptions With the Javelin Board
- Lean Startup Machine Part 3: Connecting With Uruguay’s Startup Ecosystem
- Lean Startup Machine Part 4: The Women
- Lean Startup Machine Part 5: The Wisdom of Lean Startup Machine