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.
©2011 Eric Ries (P)2011 Random House
"Eric has created a science where previously there was only art. A must read for every serious entrepreneur—and every manager interested in innovation." (Marc Andreessen, co-founder of Andreessen Horowitz, Opsware Inc., and Netscape)
"At Asana, we've been lucky to benefit from Eric's advice firsthand; this book will enable him to help many more entrepreneurs answer the tough questions about their business." (Dustin Moskovitz, co-founder of Facebook and Asana)
"In business, a ‘lean’ enterprise is sustainable efficiency in action. Eric Ries’ revolutionary Lean Startup method will help bring your new business idea to an end result that is successful and sustainable. You’ll find innovative steps and strategies for creating and managing your own startup while learning from the real-life successes and collapses of others. This book is a must read for entrepreneurs who are truly ready to start something great!” (Ken Blanchard, coauthor of The One Minute Manager and The One Minute Entrepreneur.)
Loved his approach to business. The concept of small batches and his test measure learn feedback loop. Really think this should change the way business is done. I feel like this solves the problem of so much waste in business. Which I <3.
I could not count how many times he gave the definition of entrepreneur, institution, or other terms that he beats to death in this book. Also, his solutions are very surface level, not detailed, and not concrete. As a new entrepreneur, I found this book to be extremely non-helpful. It seemed like he was trying to fill pages with fluff in order to have a full book instead of getting to the meat of things and helping entrepreneurs to truly be effective.
I have always heard so much about this book and seen it on nearly every entrepreneur start ups desk. I finally got it with audible and read through the whole thing. I can see why this is a must read for any start up. This book helps tremendously with any business trying to get off the ground and eliminate waste and save time.
You will find this book most applicable if you are working toward launching a business or new product line. This book goes line by line from the start how to build a product in a lean way. will read again
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