Overview
The Lean Startup Methodology is a powerful approach for entrepreneurs looking to innovate and create successful businesses. By focusing on rapid experimentation and customer feedback, startups can develop products that truly meet market needs. The core principles, such as the Build-Measure-Learn cyc...
Key Terms
Example: Many tech companies use the Lean Startup approach to innovate quickly.
Example: Dropbox started as an MVP to test user interest.
Example: Startups use this loop to refine their products based on user feedback.
Example: Startups track user engagement to validate their learning.
Example: A company may pivot from a B2C model to a B2B model after market testing.
Example: Interviews with potential customers help in customer development.