The Lean Start- Up Summary
- 1. Use The Lean Start-Up summary to take your business to the top
- 2. Solving major start up challenges • The likelihood of failure is incredibly high for brave new entrepreneurs • In order to be one of the survivors, you need to arm yourself with the relevant knowledge to aid success • The lean start-up summary can give you this crucial information in just 20 minuets, teaching your company not only to survive, but thrive.
- 3. One of the biggest challenges faced: Wastefulness through poor planning • Many start-ups are formed without concrete direction, spending too much time on a single aspect of the business • This imbalance of attention results in failure before the business can even get off the ground.
- 4. • No matter what business you are in, too much time spent in any single area is a waste that will bring you down • You need to tailor your plan and management style to your start-up’s unique needs to beat this common challenge, taking the lean start-up approach.
- 5. Reduce waste and increase value with small product releases • Execute a series of small product releases that lead up to the big, final release • This will help you gather important information about your customers, and test different aspects of the final product • This helps with both product development and marketing, doubling the effectiveness of your work.
- 6. Wasteful practices can spell the end of a start-up, but careful planning, using resources, and effort to develop multiple aspects of your business at once will allow you to stay in the game. Read the full Lean Start-Up summary to give your start-up a winning edge