The Lean Startup
Top 7 Lessons from the book -The Lean Startup 1)If you build a product nobody wants, it doesn’t matter if it’s on time and on budget. The Lean Startup model is about using the scientific method to build a sustainable business around a new set of products or services. It stresses the importance of “validated learning”: constantly experimenting to test your assumptions and hypotheses about your product/service and your market. There’s no greater waste of time and money than creating a product that nobody wants. 2)Test early and often. The book teaches us to use the Build-Measure-Learn (BML) feedback loop. Build your minimum viable product (with emphasis on minimum), use experiments, surveys, and “getting outside the building” techniques to talk to your customers so that you can measure what they like and what they don’t, and then learn from those results in order to improve your product. Then you do it all again by incrementally improving your product (build), testing it with your market...