Five minute presentation about the lean startup business development methodology intended to be given at the beginning of Cincinnati Lean Startup Circle meetings.
1. Lean Startups
in 3 Slides (+2)
Bill Barnett
@agilous
Founder CEO - BudgetSketch
Co-Founder - Cincinnati Coworks
Co-Founder - Gaslight Software
http://www.slideshare.net/agilous/lean-startup-in-three-slides
2. Build - Measure - Learn
• Minimum Viable Product (baseline)
• “Get out of the building.”
• Pivot or persevere?
• Reduce the time through the loop.
• Marketing first. Code later.
3. Minimum Viable
Product (MVP)
• “The minimum set of features needed to
learn from early evangelists - visionary early
adopters.”
• Probably much more minimum than you
think!
• Solves a real world problem.
• Users must be willing to pay to use it!
4. Lean...
• does not mean cheap!
• is all about speed and validated learning.
• is applicable to all businesses facing
uncertainty (not just Web).
• driven by a vision that is rigorously tested.
5. Must Read
• The Four Steps to the Epiphany & The
Startup Owners Manual (Blank)
• The Lean Startup (Ries)
• Running Lean (Maurya)
• The Entrepreneur's Guide to Customer
Development (Cooper & Vlaskovits)