Lean Startup 101
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Lean Startup 101
Who is the creator?
2011 When
The Inspiration for Lean StartupWhat
Reduce costs of a startupCommercialisation risk Waste of resourcesLikelihood to succeed in the market
Why Lean Startup?
Where can Lean Startup be used?
...
Basics of Lean StartupHypothese
s/Assumptio
ns
Minimum Viable Products
Rapid
Prototyping
Rigourous
Product/market fit
Vanity
Metrics
Pivot
5 Whys
Experiments
How
Hypotheses/Assumptions
Nothing is Real
Until your market tells you it’s real
Experiments/Rapid Prototyping
A version or representation of your product/service that enables you to gather the most learning to move you towards your product/market fit with the least effort.
An MVP can be anything...your imagination is the only limit
Another name for a crap product/service
Minimum Viable Product (MVP)
Measure / Find your market fit
Measure / Data
•Actionable• Accessible
• Auditable
Good metric
Learning
Who Eric Ries
When 2011
What Lean, Customer Development, Agile, etc.
Why Help entrepreneurs be successful
Where Everywhere
How Build – Measure - Learn
Recap of Lean Startup 101
The book
Lean Startup website
Eric Ries’ blog
References
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