Transitioning an existing business to Lean

Transitioning to Lean once you already have a product in the market (with some success) is inherently hard because you have to revisit the past and question that success against your original goals. Then make the hard “pivot versus persevere” decision. Here are the slides that Nick Ducoff presented at the February Lean Startup Circle Boston Meetup on transitioning his company, InfoChimps, to Lean.

Nick co-founded Infochimps and led the company as CEO from 2010-2011, raising ~$3 million and growing the team and business. Previously, Nick was a VC lawyer for 4 years, working with startups and VC funds in company formation, debt and equity financings, M&A and IPOs. Nick continuously works with startups, including LegalReach, where he is an advisor, and Outbox, as an investor.