Lean Startup: The Basics (and Myths) Chicago Lean Startup Circle Nov 4, 2010
Poster courtesy of Eric Ries (startuplessonslearned.com) and KISSMetrics.com ---- RT @ http://bit.ly/LeanStartupPoster
First off, Lean Startup
Lean Startups ≠ Bootstrapping
Lean Startups ≠ Small
Lean Startups ≠ Dictatorship of the Customer Your customer
Lean Startups ≠ Deterministic
Lean Startups ≠ Any Guarantee of Success
Great. So do you know WHY the !%@# you’re doing a Lean Startup?
Images courtesy of Eric Ries (startuplessonslearned.com) and Steve Blank (steveblank.com and http://bit.ly/LSSB2010)
Images courtesy of Eric Ries (startuplessonslearned.com) and Steve Blank (steveblank.com and http://bit.ly/LSSB2010) Problem (unknown) Solution (unknown) You are solving for two unknowns. Simultaneously.
Customer Development + Agile Development = Lean Startups Risk mitigation is WHY you should do Lean Startups.
PDF http://www.CustDev.com Paperback (AMAZON) http://bit.ly/EGCDPaperback Kindle (AMAZON) http://bit.ly/EGCDKindle An Intro to Customer Development
Philosophy Question your assumptions Get out of the building “Just Do It” is just a slogan
Principles Iterate vs Pivot MVP= Viable is as important as Minimum P-M Fit is not a binary state Surveys <> Customer Development Launch early <> Marketing Launch