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
1. 10 Steps to Developing Great
Ideas on time and
on budget using
Lean & Agile Methodologies
Nelly Yusupova
CTO, Webgrrls.com
Creator, TechSpeak for Entrepreneurs
@DigitalWoman
6. Classic Way of Executing Ideas…
1. Write a Business Plan
2. Get Funding
3. Build Product
4. Launch
5. Get Feedback
Big bet &
high risk!
@DigitalWoman
7. “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.
8. 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
9. 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
•
“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
10. 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
•
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
11. 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
•
Iden,fy
Usability
issues
•
Confirm
that
the
solu,on
resonates
•
Refining
a
prototype
is
faster
than
re-‐wri,ng
code!
10.
Track
&
Analyze
@DigitalWoman
12. 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
•
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
13. 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
3rd
Party
Solu,ons
+
APIs
+
Custom
Code
10.
Track
&
Analyze
What
Technology
can
I
use
to
launch
as
quickly
as
Possible?
@DigitalWoman
14. 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
Quality
Cost
Time
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
15. 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
•
Design
&
UI
can
make
or
break
your
startup
•
Developers
are
not
designers
10.
Track
&
Analyze
@DigitalWoman
16. @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
10.
Track
&
Analyze
@DigitalWoman
17. @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
10.
Track
&
Analyze
@DigitalWoman
18. 10 Steps to Developing Great Ideas
Cost Effectively, on Time & on Budget
10.
Track
&
Analyze
@DigitalWoman
1.
Validate
2.
Prototype
3.
Refine
Prototype
4.
Hire
5.
Technology
6.
Determine
MVP
7.
Design
MVP
8.
Code
&
Manage
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
19. 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