Executive Summary of The Lean Startup In
The Lean Startup's Book§
Summary
Without
Incessant
Filler
Traps we summarize the key points, fundamental concepts and valuable insights including:
- Why Entrepreneurship is a Type of Management
- The 5 Lean Startup Principles for a Successful Startup
- The 2 Major Reasons Startups Fail
- Why Business Plans Should be Scrapped
- Definitons of Validated Learning, Innovation Accounting and Intrapenurs
- How Innovation Sandboxes Can Be Built in Established Companies
- The Importance of Learning for Success and Why Learning has a Bad Rap
- The Vital Questions and 2 Assumptions a Startup MUST Clarify Before Product Development
- How Experiments Should be Run through Minimum Viable Products
- Why Iteration Through the Build-Measure-Learn Feedback Loop is Necessary and How to Accelerate Through Them
- The Three Primary Engines of Growth and What a Startup Should Focus On
- The Three A's of Lean Startup Metrics and Why Vanity Metrics Fail
- The Significance of the Five Why's and How to Navigate the Process
- How Innovation Can be Sustained
- Plus much more...
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