3. Lean Startup Big Idea #1
The vast majority of startups fail NOT because
they couldn’t build a great product/technology,
but because no one wanted the product.
One of Steve Blank’s Big Ideas
4. How many cycles through the B-M-L
loop, not time. Eric Ries’ Big Idea
Lean Startup
Big Idea #2
5. Lean Startup Big Idea #3
“Not only are the market applications for
disruptive technologies unknown at the time of
their development, they are unknowable.”
-Clayton Christensen, The Innovator’s Dilemma
8. How to do it:
Lean Startup Meta-Rules & Framework
1) Question and Test Your
Assumptions
2) “Get Out of the Building”
3) Do it again based on what you
learned. (Iterate)
BUZZWORD ALERT!
9. A Tale of Two Companies
vs.
Survey: Would you like
Walmart aisles to be less
Customers demand reserved seating,
cluttered?
inter-line baggage transfer, and food
service.
Hundreds of millions of
dollars uncluttering their
SWA realizes that what the customers
stores, removing 15% of
really wanted was low fares and on-time
inventory, shortening
service, and these other things would
shelves, clearing aisles.
have interfered with those goals.
Result: Losses in billions.
Result: Brand loyalty and profits.
#EPICFAIL
#EPICWIN! #CustDev