LEAN

Most Startups Fail

Most Startups Fail Doesn’t have to be that way!

Re-iterate and adjust

Reduce “waste”

What is a Startup?“Human institution designated to create something new, under conditions of extreme uncertainty” –Eric Ries

Entrepreneurship as a Science

Scientific experiment

“Tuning the

engine”

Pivot

Zig-zag

Speed wins

Universal constant

Why Startups Fail

Assuming Wasting time Early adopters

Lean Startup Goal- Path to success Validated learning Quality Product development

The Feedback Loop

MVP

MVP

MVP

MVP: Minimum Viable Product

Minimum set of features needed to learn from early adopters.

Avoid building products nobody wants Maximize learning per dollar Get facts before it’s too late