Lean Startup Lesson: Test Before you Build

Consider the cost of building a product only to find out that nobody wants it. Testing the hypothesis for a new product can save time and money. How to go about testing before a product is ever created is the topic of discussion for Eric Ries, author of The Lean Startup, and Intuit founder Scott Cook in this Lean Startup Lesson.

This is the eighth installment of a new series where Intuit leaders, including CEO Brad Smith, Founder Scott Cook and Vice President of Design Innovation Kaaren Hanson will sit down with author Eric Ries to expand on some of the themes in his best-selling book The Lean Startup.

For more information on Ries, go to http://theleanstartup.com/.

*Originally posted on the Intuit Network. You can watch more of the series here.

Lean Startup Lesson: Three Ways to Engineer Growth

There’s more than one way to grow a business. The tricky part for most startups is identifying one growth lever that works and specializing in that. In this interview Eric Ries, author of The Lean Startup, speaks to Intuit Vice President of Design Innovation Kaaren Hanson about three key ways that businesses can engineer growth.

This is the seventh installment of a new series where Intuit leaders, including CEO Brad Smith, Founder Scott Cook and Vice President of Design Innovation Kaaren Hanson will sit down with author Eric Ries to expand on some of the themes in his best-selling book The Lean Startup.

For more information on Ries, go to http://theleanstartup.com/.

*Originally posted on the Intuit Network. You can watch more of the series here.

Lean Startup Lessons: Breaking Down Your Grand Vision into Entrepreneurial Success

Leap of faith? Or stumbling in the dark? Eric Ries, author of The Lean Startup, speaks with Intuit founder Scott Cook about breaking down an entrepreneurial vision in a way that leads to finding real success. Exploring the role that leap of faith assumptions play in this process, Ries and Cook make the concept come to life. Ries explains how to identify which assumptions are the leap of faith assumptions and why that matters.

This is the fourth installment of a new series where Intuit leaders, including CEO Brad Smith, Founder Scott Cook and Vice President of Design Innovation Kaaren Hanson will sit down with author Eric Ries to expand on some of the themes in his best-selling book The Lean Startup.

For more information on Ries, go to http://theleanstartup.com/.

*Originally posted on the Intuit Network. You can watch more of the series here.

How To Profitably Serve Small Business Customers

Small businesses, especially micro businesses, are an underserved customer within financial institutions.  The small business market will grow from approximately 27 million to 33 million in the next 10 years, with many of these being micro businesses. Many organizations outside of financial services are targeting these very segments.

In this video CeCe Morken, president and general manager of Intuit Financial Services, sat down with Greg Wright, to discuss how Intuit can help you better and more profitably serve small business customers.

Video: Tomorrow’s Small Business Customer: Helping You Crack a Tough Nut

CeCe Morken, president and general manager of Intuit Financial Services, sat down with Greg Wright, small business solutions leader for Intuit Financial Services, to discuss specifically what Intuit is doing to help financial institutions engage small businesses.

If you Build it, Will They Buy?

Building a product on time and on budget doesn’t much matter if nobody wants it. Just ask entrepreneur Eric Ries, whose new book, “The Lean Startup,” explores the value of validated learning to determine if a new product idea is worth pursuing.

In the following video clip, Ries discusses how validated learning helps eliminate the sources of waste that plague entrepreneurship.

Keep watching the Intuit Network for a series of upcoming interviews with Ries as he sits down with Intuit leaders to explore and expand on some of the themes in “The Lean Startup.” Guests include CEO Brad Smith, Founder Scott Cook and Vice President of Design Innovation Kaaren Hanson. For more information on Ries, go to http://theleanstartup.com/.

*originally posted on the Intuit Network

Video: The Mobile Lifestyle

Intuit Financial Services’ John Flora and Laurie Holmes of Service Credit Union discuss the mobile lifestyle in a video filmed at the BAI Retail Delivery Conference.

How to Attract Gen Y Customers and Members

Many financial institutions are vying for the coveted attention of that elusive generation, Gen Y.  With pressure on the banking giants from younger generations to reduce hidden fees and increase transparency through movements like Occupy Wall Street and Bank Transfer Day, credit unions and smaller community banks are reaping the rewards.

However, some institutions are still unsure how to market their offerings to the younger, tech-savvy generations. Young and Free Indiana recently released a video that addresses concerns of some Gen Y-ers that credit unions may be too local. As Currency Marketing’s president and Creative Director notes in a blog post, “technology, shared branching and ATM networks go a long way to solving this problem, but the biggest hurdle is perception and understanding.”

See how Young and Free Indiana navigates attracting younger members in the video below.

How are you marketing your offerings to a younger audience? Are you helping to educate your community on the national reach of your financial institution? Let us know by tweeting @Bankingdotcom or responding in the comments section below.

Video: Women’s World Banking Helping the Underbanked

As we have discussed frequently on Banking.com, women will become a driving force in the economy over the next decade.  But how do you engage those that aren’t participating in mainstream banking?

Women’s World Banking, an organization that provides microfinancing services to women in 27 developing countries, gives women access to top financial products and services to help their families.  Women’s World Banking is currently working with 39 financial institutions to provide financial assistance through savings and insurance products, pensions and other services to develop solutions that address “the ways women interact with the financial system throughout their lifecycle.”

See below for a video with Women’s World Banking CEO Mary Ellen Iskenderian as she talks about the organization to Bloomberg.

 

How are you helping those in your community with their finances? What are you offering to help the underbanked consumers in your region? Let us know by posting in the comments section below or tweeting @Bankingdotcom.

Serving Small Businesses: A Tough, but Important Nut for Bankers to Crack

Intuit Financial Services’ CeCe Morken explores how bankers can best serve small businesses, a critical customer segment for financial institutions.