Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Is lean startup right for you

771 views

Published on

Presentation given at LeanStartup Circle Bangalore meetup http://bangalore.leanstartupcircle.com/events/108072092/

Published in: Business
  • Be the first to comment

Is lean startup right for you

  1. 1. Is LeanStartup Right For You ? For Engineers
  2. 2. About.Me ThiyagaRajan twitter.com/mtrajanI work with engineers and help them ask different questions Currently - Innovation Manger @ Intuit Previously – Entrepreneur, Product Manager, Engineer Communities of Practice – MoMoB.in, ProductConclave.in
  3. 3. Is (X) right for me ? Know Self Know (X)
  4. 4. Know Self
  5. 5. Different Engineers Product Entrepreneur Engineers Product Engineers Engineers
  6. 6. Questions asked are different Why & What to then How to ? What to then How to ? How to ?
  7. 7. KNOW LEANSTARTUP
  8. 8. Lean StartupIt is language for startup product management best practices.
  9. 9. Key tenetEliminating unknowns about customer/market before anything increases the odds of success
  10. 10. LeanStartup Provides Mindset Toolset Motto Product Startup Stages
  11. 11. LeanStartup MindsetLearn before you execute
  12. 12. LeanStartup Toolset – MVP Debug before you build
  13. 13. LeanStartup Motto Minimize cycle time
  14. 14. Stages of Product Startup Problem/Solution Fit User/Experience Fit Product/Market Fit Business Model/Growth Fit
  15. 15. WHERE FITNESSHAPPENS?
  16. 16. Change habits ?Question everything including the idea
  17. 17. Psychologically Certainty, Intellectual Uncertainty “A true scientist believes in amodel/theory enough to continue to bemotivated to work on it but questions it when the observations shows differently” - Richard D Hamming
  18. 18. Comfortable with embarrassment Be embarrassed about theimperfection of your first ship
  19. 19. Great for bootstrapper“Lean is about front-loading yourlearning instead of front-loading yourcosts” - Rob FitzPatrick (@robfitz)
  20. 20. Funding for learning vs goals You don’t get funding for explicitlystating a learning goal in your pitch to a VC
  21. 21. When not to use Lean New Inventions 10x year visionProblems well known ( ex: cancer)
  22. 22. Lean is languageUsing the language is not necessary
  23. 23. Do it ! It’s ok if you can’t talk it Ex: Cleartrip, Flipkart
  24. 24. Those who do it and know the language Ex: Mygola, Freefood.in (Rashmi Ranjan Padhy), Intuit, GE
  25. 25. For the newbie language helps
  26. 26. To ask & solve what & why
  27. 27. It’s a new language – expectjust baked terms & confusion
  28. 28. HOW TO GET STARTED
  29. 29. Start with a problem statement
  30. 30. If you have an idea
  31. 31. Dissect the Idea Anatomy Vision ? Problem ? Solution ? Beneficiary ?
  32. 32. List your guessesMake a list of unknowns
  33. 33. Rank based on negative impact of these unknowns
  34. 34. Experiment with unknowns in the ranked order
  35. 35. Learn & Go Forward
  36. 36. QUESTIONS

×