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.)
If you are a founder or a decision maker in a startup, you have to read this book. The framework described by Eric Ries is widely accepted in the startups world. You have at least to be aware of it.
As a software developer and a business owner, I found nothing new or helpful in this book. Just a collection of anecdotes. Some people might find them inspiring idk. I still surprised by how many people recommended me this book.
I would really recommend anyone to read "SCRUM twice the work in half the time" first. It describes the methodology in much more dense way. And also has some real world examples.
The author shares some great insights into tech startups and how to succeed in today's business environment. Book is filled with many examples of well known startups.
Eric Ries gives us an excellent overview of the overall structure a start up must have. This book should be available for you to take second glances to topics as start up's accounting methods and metrics follow-up.
The basic premise is an important one. It really can make a big difference in a business. But this simple idea could have been stated more clearly with fewer tangential thought streams that really add more confusion than clarity.
The concepts were narrated with a good understanding. Emphasis, speed and diction in general helped highlight points of interest.
I learnt a lot from this book.
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