The Lean Startup
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The Lean Startup

  • Lean thinking defines value as providing benefit to the customer; anything else is waste.
  • Validated learning is backed up by empirical data collected from real customers.
  • Compare two startups. The first company sets out with a clear baseline metric, a hypothesis about what will improve that metric, and a set of experiments designed to test that hypothesis. The second team sits around debating what would improve the product, implements several of those changes at once, and celebrates if there is any positive increase in any of the numbers. Which startup is more likely to be doing effective work and achieving lasting results?