Lean Startup – How it all started?

Alumni Forum

Zagreb,
October 17th

By;
Miro Hegedić
About me
# Lean Thinker
# Faculty of Mechanical Engineering and
Naval Architecture
# Startup founder
# Co-Founder of Lean Startup Croatia
# Lean Consultatnt
More Than 90% Tech
Startups Fail
Why?

Startups don’t build
what customers
really want
More startups fail from a lack of customer
than from a failure of product development
Hypothesis & Startup?

Who is
your
customer?

What
problem
do you
solve?
What is the
solution for
the problem
www.leanstartupmachine.com
Hypothesis & Startup?

Who is
your
customer?

What
problem
do you
solve?

Do NOT define a solution What is the
solution for
until you’ve validated the problem!
the problem
www.leanstartupmachine.com
Lean Start(up)
Eric Ries
Co-founded
IMWU In
2004

Steve
Blank
Invested in
IMWU
Customer Development
Erice Ries i IMWU

Eric Ries – founder
of Lean Startup
Eric wrote about his experience on blog

The Movement That is Transforming How
New Products are Built and Launched
The Lean Startup Book
In 2011 –
the book
was
published
Eric Ries – founder
of Lean Startup

Available in Croatian
Startup
Startups exist not just to
make stuff, make money, or
even serve customers.
-- Eric Ries
They exist to learn how to build a sustainable business.
Two words

Lean & Startup
„A human institution designed

to create a new product or
service under conditions of
extreme uncertainty„
-- Eric Ries
Lean Thinking
MIT: Why Japanese automotive industry is so
competitive?

Based on:

Toyota Production System

Lean – a way to eliminate waste and improve efficiency in
processes. Lean is a new way of thinking!
Automotive industry in 1980s

Productivity (hours/ vehicle)

16.8

25.1

Start of production to market (months):

1

4
Automotive industry in 1980s

Improvement proposals / Employee

61.6

0.4

0.2

2.9

Inventory (days):
Connection?

1) Define value
(customer’s
viewpoint)
2) Eliminate waste
The biggest waste is to produce something what
customer doesn’t want!
Agile

Scrum
& Lean Starup
Leap- of- faith question: if we can provide a superior
customer experience, will people give our product a try?
Beta waiting list
4 min video
75000

80000
70000
60000
50000
40000
30000
20000

Customers often don’t
know what they want!

10000

5000

0

Before

After
& Lean Starup
Drew Houston, Dropbox CEO on lessons learned
It can be implemented
everywhere!

From startups to establish business
Read more about at:
www.netokracija.hr

Thank you!

Lean Startup – how it all started

  • 1.
    Lean Startup –How it all started? Alumni Forum Zagreb, October 17th By; Miro Hegedić
  • 2.
    About me # LeanThinker # Faculty of Mechanical Engineering and Naval Architecture # Startup founder # Co-Founder of Lean Startup Croatia # Lean Consultatnt
  • 3.
    More Than 90%Tech Startups Fail
  • 4.
    Why? Startups don’t build whatcustomers really want More startups fail from a lack of customer than from a failure of product development
  • 5.
    Hypothesis & Startup? Whois your customer? What problem do you solve? What is the solution for the problem www.leanstartupmachine.com
  • 6.
    Hypothesis & Startup? Whois your customer? What problem do you solve? Do NOT define a solution What is the solution for until you’ve validated the problem! the problem www.leanstartupmachine.com
  • 7.
    Lean Start(up) Eric Ries Co-founded IMWUIn 2004 Steve Blank Invested in IMWU
  • 8.
  • 9.
    Erice Ries iIMWU Eric Ries – founder of Lean Startup Eric wrote about his experience on blog The Movement That is Transforming How New Products are Built and Launched
  • 10.
    The Lean StartupBook In 2011 – the book was published Eric Ries – founder of Lean Startup Available in Croatian
  • 11.
    Startup Startups exist notjust to make stuff, make money, or even serve customers. -- Eric Ries They exist to learn how to build a sustainable business.
  • 12.
    Two words Lean &Startup „A human institution designed to create a new product or service under conditions of extreme uncertainty„ -- Eric Ries
  • 13.
    Lean Thinking MIT: WhyJapanese automotive industry is so competitive? Based on: Toyota Production System Lean – a way to eliminate waste and improve efficiency in processes. Lean is a new way of thinking!
  • 14.
    Automotive industry in1980s Productivity (hours/ vehicle) 16.8 25.1 Start of production to market (months): 1 4
  • 15.
    Automotive industry in1980s Improvement proposals / Employee 61.6 0.4 0.2 2.9 Inventory (days):
  • 16.
    Connection? 1) Define value (customer’s viewpoint) 2)Eliminate waste The biggest waste is to produce something what customer doesn’t want!
  • 17.
  • 18.
    & Lean Starup Leap-of- faith question: if we can provide a superior customer experience, will people give our product a try? Beta waiting list 4 min video 75000 80000 70000 60000 50000 40000 30000 20000 Customers often don’t know what they want! 10000 5000 0 Before After
  • 19.
    & Lean Starup DrewHouston, Dropbox CEO on lessons learned
  • 20.
    It can beimplemented everywhere! From startups to establish business
  • 22.
    Read more aboutat: www.netokracija.hr Thank you!