Lean Startup Machine Boulder

Due to an extra busy schedule last week, I wasn’t quite able to attend most of the Boulder Startup Week events I wanted. But participating as a speaker and mentor at Boulder’s first Lean Startup Machine event on Saturday made up for it.

Lean Startup Machine is a three-day workshop where attendees use customer development and lean startup principles to validate an idea for a new product or service. This included both existing teams as well as individuals who formed new teams on Friday night.

The event was held at Scrib, a new Boulder coworking space, which was an excellent venue for the weekend’s team collaboration. On Saturday I gave a 30 minute presentation on startup metrics where I covered the basics plus some personal case studies from how we use metrics to solve problems at StatsMix.

Here’s some pictures, comments, and feedback from attendees:

Lean Startup Machine Boulder

Storified by · Wed, May 23 2012 13:05:29

@tmarkiewicz "Track actionable metrics rather than vanity metrics." #lsmboulder #bsw12 #startupsExpertsVault
#LsmBoulder The second workshop: startup metric by @tmarkiewicz Founder/CEO of @statsmix @DemingCenter @LeanBoulder http://pic.twitter.com/s6mEf7jpDanny Tran
@statmix @tmarkiewicz "Have a metrics dashboard that your entire team can see at all times." #bsw12ExpertsVault
Hello @statsmix! @tmarkiewicz talks key metrics #LsmBoulder http://pic.twitter.com/IGiY1vRjLean Boulder
@tmarkiewicz "Popular metrics – acquisition, lifetime value, conversion, retention, referrals, revenue, cashflow, users, viral" #bsw12ExpertsVault

Overall, Lean Startup Machine was a great event. Most of the participants I spoke with had overwhelmingly positive comments on how it reshaped their thinking about using the lean startup methodology.

I’m definitely looking forward to the next one, which I’m hearing may be early September. Keep your eyes open for early registration!

Tom is currently a developer advocate and offering manager with IBM Watson. A serial entrepreneur, he's been the founder of numerous startups including Investify and StatsMix, a Techstars alumni company. Tom lives outside Boulder, Colorado and in his free time he's an avid rock climber, skier, and trail runner.

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