Summary: While building culture at a startup is challenging, entrepreneurs often, implicitly or explicitly, follow five core patterns of hiring and managing people. These “employment models” have profound effects on the culture and performance of the firms. E-mail. Tweet.
In my previous post, I discussed some rules of thumb for designing and building culture at startups. Here I’ll dive into a little more detail into the academic underpinnings of those ideas, stemming from a course I took called Designing & Leading the Entrepreneurial Organization while at MIT Sloan, taught by Diane Burton. This is my retelling of that information, so I take no credit for the theories and research behind it…so I’ll do my best to do it justice.
The research, by the Stanford Project on Emerging Companies (SPEC), sampled 175 young high-tech firms in Silicon Valley, over the course of 1994 – 2000. They analyzed these companies along three core dimensions of how they approached managing people, and arrived at five prototypical employment models (whether intentionally or unintentionally)…which you can think of as like a business version of the famed software Design Patterns.
Learn about the 5 models…
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Summary: Finding Product / Market Fit is the key for early stage products. The PMF Matrix is a framework to help you get there. E-mail. Tweet.
[UPDATE: This post was updated on July 5, 2010 with new slides]
This presentation centers on the concept of Product / Market Fit: what it is, why it’s important, and how to achieve it. I propose my “Product Market Fit Matrix” that helps to characterize the issues of the start-up and presents various frameworks that can help guide development. In a sense the Product / Market Fit Matrix is a meta-framework, which can be used to characterize your current situation, so that you can employ the right set of tools to achieve your goals.

I originally developed these slides to facilitate a discussion of entrepreneurial MIT alums, mainly from the MIT Sloan business school. My intention was to introduce many of the newer, leaner concepts of early stage start-up development, since MIT tends to see a lot of “technology-in-search-of-a-problem” start-ups, in their early stages.
After receiving a very positive reception, and lots of suggestions from many smart people, I’ve updated this presentation. The presentation below was developed for a talk called “The New Rules of Product Development” for MassChallenge.
See the presentation
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As the Global E-Week site puts it: “25,000 Events, Millions of Participants, 1 Week”. Certainly an impressive initiative that we should all continue to do our part to support. Personally, I could only make it to three events in Cambridge MA which were absolutely incredible – here’s my recap of those.
Read more…
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