Super frugal,Lean Startup ramen eating, bootstrapped startup Lean does not mean cheap. Lean Startup focuses on making real progress while minimizing waste. It is more about speed than cost.
Another softwareLean Startup development methodology like Agile It is true that Agile is often used in Lean Startup. However, Lean Startup is a higher level methodology that consists of many aspects other than software development, such as customer development, measurement, ideation, design thinking etc.
Pushing out demoLean Startup product called MVP (minimum viable product) MPV is one of the core concepts in Lean Startup, but is just a part of process to get the right feedback. MVP is not the entire methodology.
So, What is Lean Startup, Then?• It is based on the thinking that startup success can be engineered by following the right process. The success doesn’t need to rely on a genius founder or mere luck. It can be learned, taught and managed.• It is a loosely formed WIP methodology for helping entrepreneurs increase their odds of building a successful startup. Advocated primarily by Eric Ries and practiced by many startups , individuals and companies. It consists of various sub-methodologies , methods and techniques.• Idea and term derived from Lean Manufacturing. It is focused on executing the right things towards success under conditions of extreme uncertainty by applying lean thinking to the process of innovation.• It doesn’t have to be “startup” in conventional sense. Size, industry, and sector do not matter. It can be applied to a big corporation as long as they are making a new product or business under conditions of extreme uncertainty.