<?xml version="1.0" encoding="utf-8" standalone="yes"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom"><channel><title>Lean Startup on Nick Wang</title><link>https://nickwang.blog/tags/lean-startup/</link><description>Recent content in Lean Startup on Nick Wang</description><generator>Hugo — Starry Night theme</generator><language>en</language><lastBuildDate>Sat, 17 Nov 2012 13:47:00 +0000</lastBuildDate><atom:link href="https://nickwang.blog/tags/lean-startup/index.xml" rel="self" type="application/rss+xml"/><item><title>First 2 weeks at AcceleratorHK</title><link>https://nickwang.blog/2012/11/17/first-2-weeks-at-acceleratorhk/</link><pubDate>Sat, 17 Nov 2012 13:47:00 +0000</pubDate><guid>https://nickwang.blog/2012/11/17/first-2-weeks-at-acceleratorhk/</guid><description>&lt;p&gt;Haven’t touched my personal blog for a while as I’ve been concentrating on my “Early Childhood Education” blog, which is my new project to help parents like myself raise confident, independent thinkers who won’t be afraid to challenge the broken education system! With that, I was lucky enough to beat out 80+ other teams from around the world to join the &lt;a href="http://acceleratorhk.com/"&gt;AcceleratorHK&lt;/a&gt; program!&lt;/p&gt;
&lt;p&gt;It’s now 2 weeks into AcceleratorHK. Coming out failing pretty spectacularly from my last startup, I knew all about the importance of doing customer validations and &lt;strong&gt;not&lt;/strong&gt; even building a MVP or any prototypes! But still, it feels a little unnatural to not be actively “working” on our product. Last week, rather than jumping right in to what most people would normally call work, we were mashed into different teams and assigned a random business idea to work on for 48 hours, similar to &lt;a href="http://hongkong.startupweekend.org/"&gt;Startup Weekend&lt;/a&gt;. Furuzonfar AKA Foobar, Carlos and I became one team and we got a “Dating” business! 3 guys, out in the field doing customer validations, about dating! I thought we did pretty well, we started with a brief &lt;a href="https://en.wikipedia.org/wiki/Design_thinking"&gt;Design Thinking&lt;/a&gt; session to map out all the stakeholders, from that we chose a group of people who are socially awkward and we hypothesized that we could created some kind of tools that would help them at that spontaneous moment in the bar or at a party to start a conversation. We went to HKU, talked to a few people and it quickly became clear that our hypothesis was wrong, people either aren’t going out or if they are, they won’t even try to talk to strangers! With our assumptions proven wrong, we needed to pivot! We talked and talked and eventually stumbled upon a real problem with going clubbing, people like to go clubbing in groups, but it’s hard to meet &amp;amp; talk to the other sex in a club coz its loud! So, we pivoted to a service that hook 2 groups up for food before going to clubbing!&lt;/p&gt;
&lt;p&gt;Finally, back at the Cocoon, Foobar did another thought exercise with us, I forgot exactly how that went but we then came up with the idea of a drinking game, matching guys and girls and giving the losers things to say as pick up lines… that became our last pivot. A mobile game! Gamifying dating! The whole experience has been really fun for me, I’ve always had a strong intuition in picking up the right clues and forming good ideas out of them. So working with someone like Foobar who knows all these processes to draw out my ideas had been great!!&lt;/p&gt;
&lt;p&gt;2 mentors came in the first week! John Bristowe talked about Kendo Ui, PhoneGap and Icenium, and Oscar Ramos taught us Visual Thinking. Came Friday, we had our first weekly group meeting. Once again, even though we haven’t really worked on our products, we all had to just do our 1 minute pitching. It made me realized how weak a pitch I had. A big part of creating a new startup is actually just sales! You need to be able to sell your idea (and yourself) very well!&lt;/p&gt;
&lt;p&gt;This Monday we had first 1-on-1 with Stephen and Paul, we talked about our business model canvas and we had questions about what to do next. This was where joining AcceleratorHK really paid off! Because both Stephen and Paul are experienced lean startup entrepreneurs, they were able to pull us back from all the different customer segments and big plans we have! Left on our own, my co-founder Soren Jones and I already have the discipline in being lean and staying focused, but it’s just so much more helpful to have mentors to talk to! We’re now 100% focused on doing customer validations on a subset of parents!&lt;/p&gt;
&lt;p&gt;I could probably keep writing about our next 2 mentors, &lt;a href="http://saintsal.com/"&gt;Salim Virani&lt;/a&gt;, creator of &lt;a href="http://leanca.mp"&gt;LeanCamp&lt;/a&gt; and &lt;a href="http://www.linkedin.com/in/mikaalabdulla"&gt;Mikaal Abdulla&lt;/a&gt;, Co-founder &amp;amp; CEO of &lt;a href="https://www.8securities.com"&gt;8Securities&lt;/a&gt;, but that would most likely double the length of this already long blog post! So I’ll stop.&lt;/p&gt;</description></item><item><title>Lean Startup and UX: Why You Shouldn't Build Anything to Start With!</title><link>https://nickwang.blog/2012/02/26/lean-startup-and-ux-why-you-shouldnt-build-an/</link><pubDate>Sun, 26 Feb 2012 19:36:07 +0000</pubDate><guid>https://nickwang.blog/2012/02/26/lean-startup-and-ux-why-you-shouldnt-build-an/</guid><description>&lt;p&gt;&lt;strong&gt;[&lt;a href="http://www.flickr.com/photos/cloneofsnake/6593023245/in/photostream"&gt;&lt;figure&gt;&lt;img
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&lt;/a&gt;](&lt;a href="http://www.flickr.com/photos/cloneofsnake/6593023245/in/photostream%29At"&gt;http://www.flickr.com/photos/cloneofsnake/6593023245/in/photostream)At&lt;/a&gt; last week’s Startup Monday at &lt;a href="http://boot.hk/"&gt;BootHK&lt;/a&gt;, &lt;a href="http://www.linkedin.com/in/jasoncrane"&gt;Jason Crane&lt;/a&gt; gave a talk on “&lt;a href="http://blog.startupshk.com/sumhk-feb-20-how-to-ux-your-startups-product"&gt;How to UX your Startup’s Product or Service&amp;hellip;&lt;/a&gt;”, there were a lot of good lessons in there, and as a first time entrepreneur who until recently thought he knew everything about agile, lean startup and customer developments, it was an ironic reminder of how little did I really know! It prompted me to &lt;a href="https://twitter.com/#!/nicwn/status/171590653401235456"&gt;tweet out&lt;/a&gt; saying I’ll write this blog post about “UX &amp;amp; lean startup &amp;amp; how u SHOULDN&amp;rsquo;T build ANYTHING to start w/!”You see, I really was no stranger to the whole agile &amp;amp; lean thing. First learned of and started using &lt;a href="http://en.wikipedia.org/wiki/Scrum_%28development%29"&gt;Scrum&lt;/a&gt; back at Yahoo in around 2006, I became quite passionate about it and started attending agile meetups. I brought all that experience with me to Japan, where I directed the development of &lt;a href="http://lego.cuusoo.com/"&gt;LEGO CUUSOO&lt;/a&gt;, a groundbreaking crowdsource product design service for LEGO! I had to educate the managers on building MVPs (Minimal Viable Product) instead of fully spec’ed out final product; weekly timeboxed sprints instead of long features development; burndown charts instead of Gantt charts… etc etc. It was a great success!In April of 2010, we also arranged for an overnight &lt;a href="http://plancast.com/p/15kz/startup-lessons-learned-overnight-simulcast-san-francisco-750-value-free-u-tokyo-httpbitlya67kti-localjapantimes"&gt;Tokyo simulcast&lt;/a&gt; of &lt;a href="http://blog.kevindonaldson.me/summary-of-startup-lessons-learned-conference-0"&gt;Startup Lessons Learned&lt;/a&gt; at the &lt;a href="http://tokyohackerspace.org/"&gt;Tokyo Hackerspace&lt;/a&gt;! That’s where I first heard about the term MVP (which I was already doing), and other great insights in customer developments and continuous integration. Fast forward to late 2011, I moved to HK for my first startup - &lt;a href="http://makible.com/"&gt;Makible.com&lt;/a&gt;, I talked about doing all of the above… but somehow, things weren’t working out. It wasn’t until we got an unexpected acquisition deal that really snapped me out of it and thought “Hey! I should’ve done this &amp;amp; that!”So, what’s the one thing that I should’ve done before anything else?GET CUSTOMERS!Honestly, even though I thought I knew the importance of lean, agile, MVP… at the end of the day, I was still building without talking to customers! When you don’t talk to any customer, building even just a login page is TOO MUCH!! I was so passionate about my idea that I fell into the same “build it and they’ll come” trap! When customers didn’t come, I was sort of lost for a while, thinking about “how to genuinely connect with a community and serve their needs, so they’ll come on board &lt;a href="http://makible.com/"&gt;Makible&lt;/a&gt;”. Well, it’s true that genuinely being part of a community helps, &lt;a href="http://www.threadless.com/"&gt;Threadless’&lt;/a&gt;s co-founder Jake Nickell told me that, but then where do I start? I had no clue! It wasn’t until the recent unexpected development that I finally got my head cleared! I reached out to my successful entrepreneur friends, picked their brains, gotten many good tips! (I must thank &lt;a href="http://www.stephenforte.net/"&gt;Stephen Forte&lt;/a&gt; in particular!)So… back to Jason’s “How to UX your Startup”, much of it was about validating with your users early! It’s so true, but I believe a lot of people will still fall into the same trap as I did. The one point from the presentation that I liked most was Lao Tzu’s quote: “The journey of one thousand miles begins with a single step.” Applied to startup and customer development, you could say “The journey of one thousand people strong community begins with a single person!” That’s it! Go out and start with one single person!!Getting back to &lt;a href="http://makible.com/"&gt;Makible&lt;/a&gt;, I’m now looking for 3 more product designers to work with. (I’ve found 2 already.) The plan is to work closely with 5 designers with a lot of “hand-holding”, get them to use &lt;a href="http://makible.com/"&gt;Makible’s&lt;/a&gt; site from beginning to end, post up one design each, get their feedback and make improvements. And then repeat for another 5 designers… do a few iterations like this until success! So, if you know any good product designers, please send them my way! You can reach me directly at my email - &lt;a href="mailto:nicholas.wang@makible.com"&gt;nicholas.wang@makible.com&lt;/a&gt;.&lt;/strong&gt;&lt;/p&gt;</description></item></channel></rss>