The Lean Startup

By Eric Ries

Categories: Business & Money

Most startups fail, but many of those failures can be prevented. Eric Ries defines a startup as any group creating something new under extreme uncertainty, whether it's one person in a garage or a team inside a Fortune 500 company. Borrowing from lean manufacturing, his method swaps elaborate business plans for rapid experiments and "validated learning": test your idea with real customers, measure real progress instead of vanity metrics, and change course quickly when the evidence says so.

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