Learning Path
Question & Answer1
Understand Question2
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Explore TopicChoose the Best Answer
A
Develop a minimum viable product (MVP) → B. Test key assumptions → C. Analyze feedback → D. Pivot or persevere
Understanding the Answer
Let's break down why this is correct
Answer
The Lean Startup starts with an idea that you turn into a Minimum Viable Product, a very simple version that lets you test a core assumption. You launch that MVP to a small audience and collect data, which gives you concrete measurements of how people use or react to it. Analyzing those measurements tells you whether the assumption is true or false, and this insight drives the next decision. If the data supports the idea, you refine the product and repeat the Build‑Measure‑Learn loop until the results consistently validate the business model; if not, you pivot or abandon the idea. When the loop repeatedly confirms that customers value the solution and the economics work, you have a validated business model ready for scaling.
Detailed Explanation
After you have built a minimum viable product (MVP), you test key assumptions to see if your idea works. Other options are incorrect because Only creating an MVP is missing the rest of the steps; Testing assumptions has no point before you have a product to test.
Key Concepts
Lean Startup Methodology
Hypothesis Testing
Minimum Viable Product (MVP)
Topic
Lean Startup Methodology
Difficulty
easy level question
Cognitive Level
understand
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