Summary And Analysis Of The Lean Startup How Today S Entrepreneurs Use Continuous Innovation To Create Radically Successful Businesses
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The Lean Startup
Most startups fail. But many of those failures are preventable. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched. Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty. This is just as true for one person in a garage or a group of seasoned professionals in a Fortune 500 boardroom. What they have in common is a mission to penetrate that fog of uncertainty to discover a successful path to a sustainable business. The Lean Startup approach fosters companies that are both more capital efficient and that leverage human creativity more effectively. 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. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. 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. Ries provides a scientific approach to creating and managing successful startups in a age when companies need to innovate more than ever.
Summary and Analysis of The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses
So much to read, so little time? Get the key points of The Lean Startup—the bestseller about creativity, efficiency, and building a sustainable business. Through successes and failures with tech companies, Eric Ries began to realize there was a better way to develop a startup. Using his experiences, as well as valuable lessons learned from other industries, Ries identifies the difficulties a startup faces and how to build a more efficient—and successful—business. In the end, all of his advice comes down to saving the most important resource of all: time. This summary of that bestselling business book covers such topics as: How to shorten project-development cycles Validated learning and rapid scientific experimentation Measuring progress accurately Identifying your customers' desires How to adapt to changing circumstances quickly With chapter-by-chapter overviews, definitions of key terms, context and analysis, important quotes, and other features, this summary and analysis of The Lean Startup is intended to complement your reading experience and bring you closer to a great work of nonfiction.
Summary of the Lean Startup
Author: Rapid-summary
language: en
Publisher: Createspace Independent Publishing Platform
Release Date: 2018-06-16
A Complete Summary of The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses The Lean Startup is a book written by Eric Ries. In this book, the author explains that regardless of what may often seem to be true, it is very much possible to build a successful startup company. This book is a guide for all people who think that starting a business will lead to failure. Many startups do end in a failure, because starting a business always comes with uncertainty and risk. Since not all startup founders are equally informed, some are not educated in good business practices and do not have a clear vision of their business; these are the startups that often truly end in failure. In this book, the author explains how to make a startup successful. This book will surely be a great read for all those who either seek a way for their startup to succeed or for those who are planning to start a business. At first glance, it certainly looks like an interesting read, and it is both educational and reader-friendly. Whether it is really possible to have a successful startup and whether or not your startup will be successful is what awaits us in this book. Here Is A Preview Of What You Will Get: - In The Lean Startup, you will get a summarized version of the book. - In The Lean Startup, you will find the book analyzed to further strengthen your knowledge. - In The Lean Startup, you will get some fun multiple choice quizzes, along with answers to help you learn about the book. Get a copy, and learn everything about The Lean Startup .