Learning Path
Question & Answer
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By focusing solely on market research before product development
By conducting hypothesis-driven experiments to validate assumptions
By investing heavily in marketing before product testing
By creating a comprehensive business plan without testing ideas
Understanding the Answer
Let's break down why this is correct
The Lean Startup uses small, controlled tests to see if a product idea works with real users. Other options are incorrect because Thinking that a lot of market research alone guarantees success is a common mistake; Investing heavily in marketing before testing is a typical misconception.
Key Concepts
Lean Startup Methodology
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Deep Dive: Lean Startup Methodology
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Definition
The lean startup method involves a learning-by-doing approach for iterating early-stage business ideas. It focuses on hypothesis-based probing and business idea convergence to reduce uncertainty and improve business viability. The method emphasizes testing key assumptions and team composition.
Topic Definition
The lean startup method involves a learning-by-doing approach for iterating early-stage business ideas. It focuses on hypothesis-based probing and business idea convergence to reduce uncertainty and improve business viability. The method emphasizes testing key assumptions and team composition.
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