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My Name is Nelly Yusupova. I’m the CTO of Webgrrls International, I am also a technology advisor and consultant to many startups and businesses and the creator of 2 bootcamps TechSpeak for Entrepreneurs & Build your Social Media Footprint. I’ve been building software products for over a decade now and what I’ve learned is that most business ideas fail not because they have the wrong technology but because they don’t have a well defined business model….how they are going to make money. There is a whole movement in startups known as the LEAN movement that encourages entrepreneurs to validate their idea and understand the problem it solves before investing a lot of technology into it. In this presentation, you will learn about the 10 Steps to Developing Great Ideas on time and on budget using Lean & Agile Methodologies. Each step is essential and is designed to help you minimize the damage of mistakes by seeing the red flags earlier and catch mistakes earlier...saving you lots of money and lots of time
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10 Steps to Developing Great Ideas on time and on budget using
Lean & Agile Methodologies
CTO, Webgrrls.com Creator, TechSpeak for Entrepreneurs
@DigitalWoman
Nelly Yusupova
Fail early, fail often, fail cheap
@DigitalWoman
Failure Is The Biggest Opportunity To
@DigitalWoman
Failure Is The Biggest Opportunity To
@DigitalWoman
1. Write a Business Plan 2. Get Funding 3. Build Product 4. Launch 5. Get Feedback
Classic Way of Executing Ideas…
Big bet & high risk!
@DigitalWoman
“Lean” uses a scientific methodology to discover what works with less waste
Create a Hypothesis
Test
Learn
Revise @DigitalWoman
Goal: Minimize TOTAL ,me through the loop by learning as quickly as you can.
10 Steps to Developing Great Ideas Cost Effectively, on Time & on Budget
@DigitalWoman
1. Validate
2. Prototype
3. Refine Prototype
4. Hire
5. Technology
6. Determine MVP
7. Design MVP
8. Code & Manage
9. Deploy
10. Track & Analyze
@DigitalWoman
Fail early, fail often, fail
cheap
@DigitalWoman
1. Validate
2. Prototype
3. Refine Prototype
4. Hire
5. Technology
6. Determine MVP
7. Design MVP
8. Code & Manage
9. Deploy
10 Steps to Developing Great Ideas Cost Effectively, on Time & on Budget
• “Leading the witness” to confirm your solu,on
• Not digging deep enough
• Asking people ‘Will you be willing to pay for this’?
• Asking people what they want
“If I had asked people what they wanted, they would have said faster horses”. -‐Henry Ford
10. Track & Analyze @DigitalWoman
@DigitalWoman
2. Prototype
1. Validate
3. Refine Prototype
4. Hire
5. Technology
6. Determine MVP
7. Design MVP
8. Code & Manage
9. Deploy
10 Steps to Developing Great Ideas Cost Effectively, on Time & on Budget
• Quick: so you can create mul,ple versions fast and iterate faster
• Cheap: so you wouldn’t mind throwing it away and start over
• Minimal: only contains core features
• Testable: so you can put it in front of people and have them try it out
• Measurable: you can get the numbers behind what’s working & not
10. Track & Analyze @DigitalWoman
@DigitalWoman
3. Refine Prototype
1. Validate
2. Prototype
4. Hire
5. Technology
6. Determine MVP
7. Design MVP
8. Code & Manage
9. Deploy
10 Steps to Developing Great Ideas Cost Effectively, on Time & on Budget
• Iden,fy Usability issues
• Confirm that the solu,on resonates
• Refining a prototype is faster than re-‐wri,ng code!
10. Track & Analyze @DigitalWoman
@DigitalWoman
4. Hire
1. Validate
2. Prototype
3. Refine Prototype
5. Technology
6. Determine MVP
7. Design MVP
8. Code & Manage
9. Deploy
10 Steps to Developing Great Ideas Cost Effectively, on Time & on Budget
• Hire for DNA first, then work experience
• Try out a new developer with a small project first
• Pick a developer with ap,tude, not a par,cular skill set.
• Hire slow, fire fast
10. Track & Analyze @DigitalWoman
@DigitalWoman
5. Technology
1. Validate
2. Prototype
3. Refine Prototype
4. Hire
6. Determine MVP
7. Design MVP
8. Code & Manage
9. Deploy
10 Steps to Developing Great Ideas Cost Effectively, on Time & on Budget
3rd Party Solu,ons + APIs + Custom Code
10. Track & Analyze
What Technology can I use to launch as quickly as Possible?
@DigitalWoman
@DigitalWoman
6. Determine MVP
1. Validate
2. Prototype
3. Refine Prototype
4. Hire
5. Technology
7. Design MVP
8. Code & Manage
9. Deploy
10 Steps to Developing Great Ideas Cost Effectively, on Time & on Budget
Quality
Time Cost
Which Two do you want?
• What features do you have to build now vs. later
• How can you simplify the backend and build it in stages
• Are there third party solu,ons or APIs 10. Track & Analyze
@DigitalWoman
@DigitalWoman
7. Design MVP
1. Validate
2. Prototype
3. Refine Prototype
4. Hire
5. Technology
6. Determine MVP
8. Code & Manage
9. Deploy
10 Steps to Developing Great Ideas Cost Effectively, on Time & on Budget
• Design & UI can make or break your startup
• Developers are not designers
10. Track & Analyze @DigitalWoman
@DigitalWoman
8. Code & Manage
1. Validate
2. Prototype
3. Refine Prototype
4. Hire
5. Technology
6. Determine MVP
7. Design MVP
9. Deploy
10 Steps to Developing Great Ideas Cost Effectively, on Time & on Budget
10. Track & Analyze @DigitalWoman
@DigitalWoman
9. Deploy
1. Validate
2. Prototype
3. Refine Prototype
4. Hire
5. Technology
6. Determine MVP
7. Design MVP
8. Code & Manage
10 Steps to Developing Great Ideas Cost Effectively, on Time & on Budget
10. Track & Analyze @DigitalWoman
@DigitalWoman 10. Track & Analyze
1. Validate
2. Prototype
3. Refine Prototype
4. Hire
5. Technology
6. Determine MVP
7. Design MVP
8. Code & Manage
10 Steps to Developing Great Ideas Cost Effectively, on Time & on Budget
9. Deploy
• What are the most used features?
• How are user using them?
• What new features should I build?
How can I improve the product based on what I’m learning?
@DigitalWoman
Lean Product Development is not easy
• Have to incorporate this methodology into your company culture
• Have to listen to the right feedback
• It doesn’t guarantee success
Minimizes waste &
By failing early and often, you increase your chances
of hitting success @DigitalWoman
TechSpeak for Entrepreneurs 2-day Bootcamp hdp://TechSpeakForEntrepreneurs.com
