
Lean Analytics: Use Data to Build a Better Startup Faster (Lean (O'Reilly))

Focusing on a single metric
Alistair Croll • Lean Analytics: Use Data to Build a Better Startup Faster (Lean (O'Reilly))
Fortunately, the ecosystem provides an early warning mechanism of success (i.e., adoption)...by creating a large enough ecosystem, we can not only encourage a rapid rate of innovation but also leverage that ecosystem to identify success and then either copy (a weak ecosystem approach) or acquire (a strong ecosystem approach) that activity. This is
... See moreAlistair Croll • Lean Analytics: Use Data to Build a Better Startup Faster (Lean (O'Reilly))
Each group of users is a cohort — participants in an experiment across their lifecycle. You can compare cohorts against one another to see if, on the whole, key metrics are getting better over time.
Alistair Croll • Lean Analytics: Use Data to Build a Better Startup Faster (Lean (O'Reilly))
Guts matter; you’ve just got to test them. Instincts are experiments. Data is proof.
Alistair Croll • Lean Analytics: Use Data to Build a Better Startup Faster (Lean (O'Reilly))
Mobile businesses are a lot like SaaS businesses: both try to engage users, extract money from them repeatedly, and reduce churn.
Alistair Croll • Lean Analytics: Use Data to Build a Better Startup Faster (Lean (O'Reilly))
Second, make early assumptions and set targets for what you think success looks like,
Alistair Croll • Lean Analytics: Use Data to Build a Better Startup Faster (Lean (O'Reilly))
But there’s good reason to think that the future of applications isn’t mobility — it’s notification.
Alistair Croll • Lean Analytics: Use Data to Build a Better Startup Faster (Lean (O'Reilly))
Optimization is all about finding the lowest or highest values of a particular function.
Alistair Croll • Lean Analytics: Use Data to Build a Better Startup Faster (Lean (O'Reilly))
with interviewees, and letting them tell you what problems they have. You’re not suggesting problems and asking them to rank them.