Start Thinking LEAN for a startup, and yourself Kevin Huang Managing Director Yggdrasil Inc.
Oct 21, 2014
Start Thinking LEANfor a startup, and yourself
Kevin Huang
Managing Director
Yggdrasil Inc.
Agenda
• Why am I here?
• Why are you here?
• What is Lean startup?
• Why now? What is Disruptive
• Entrepreneurship is management
• All about Lean – Pivot - Validated learning
– Build – Measure – Learn
– Innovation accounting
Explorer試試味想創業• Got an idea
• Watch and Learn
• Asking Questions
• Networking
Doer 趁熱食創業中• Startup founder in
action
• Building a product, a plan, a team
• Looking for help
Enthusiast 食上癮創業人• Series
entrepreneur or run a startup for over 2 years
• Willing to help
Why are you here?
• Want to get ‘Lean’? Or want to learn ‘Startup’?
– Think a lot and do little
– Risk averse
– Process is over-burned
– Planning is overrated
– From Sales to Marketing
– From Trading to Product
Want to make a new product?
• Make A LOT of money
• Change the world
• Predict the Future
BUT:
• 9/10 Products fail
• 66% drastically
Change their original plan
Lean startup is…
• Jumping into the water, and surf
• Get out of the building!
• Learn (Customer) – Build (MVP)– Measure (Data)
• Agile development +
customer development
• A path to a plan that
Works!
What is Disruptive?
This is Disruptive
Why now?
• Disruptive Technology
– Smart Phone / Mobile device
– Cloud computing
– Big data
– 3D Printing
• Old problem, new solutions
– Need of Communication
Phone Mobile Phone Skype
Pager SMS What’s App
What’s your experience with product development?
Gratitude goes to…
• Steve Blank
• Eric Ries
Shanghai
• Enterprise
• R&D
Hong Kong
• Consulting
• VC Relation
• Startup
New York
• Research
• New Media
Thank You!
To learn more, visit http://www.yggdrasil.asiaEmail: [email protected]