The book dissects the current trend toward quick, low-cost start-ups that focus on action over research, and on making mistakes over extended analysis. The Lean Startup by Eric Ries has acquired an iconic status among business books published in the last few years. Ries provides a scientific approach to creating and managing successful startups in a age when companies need to innovate more than ever.īook Review: The Lean Startup by Eric Ries Rather than wasting time creating elaborate business plans, The Lean Startup offers entrepreneurs – in companies of all sizes – a way to test their vision continuously, to adapt and adjust before it’s too late. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. Inspired by lessons from lean manufacturing, it relies on “validated learning,” rapid scientific experimentation, as well as a number of counter-intuitive practices that shorten product development cycles, measure actual progress without resorting to vanity metrics, and learn what customers really want. The Lean Startup approach fosters companies that are both more capital efficient and that leverage human creativity more effectively. Book Summary: The Lean Startup by Eric Ries
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May 2023
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