lean startup method

is based on setting aside our traditional professional standards (for finalized products) in favor of starting the process of validated learning as soon as possible.

Thus, the Lean Startup method is not opposed to building highquality products, but only in service of the goal of winning over customers. We must be willing to set aside our traditional professional standards to start the process of validated learning as soon as possible. But once again, this does not mean operating in a sloppy or undisciplined way.

is capital-efficient in that it allows startups to recognize that it's time to pivot sooner, creating less waste of time and money.

The Lean Startup method builds capital-efficient companies because it allows startups to recognize that it's time to pivot sooner, creating less waste of time and money. Although we write the feedback loop as Build-Measure-Learn because the activities happen in that order, our planning really works in the reverse order: we figure ut what we need to learn, use innovation accounting to figure out what we need to measure to know if we are gaining validated learning, and then figure out what product we need to build to run that experiment and get that measurement. All of the techniques in Part Two are designed to minimize the total time through the Build-Measure-Learn feedback loop.

lean startup method, n.Definitions

lean startup method