Learning Path
Question & Answer
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Building a Minimum Viable Product (MVP)
Conducting comprehensive market research before any product development
Adopting a hypothesis-driven approach to testing assumptions
Iterating based on customer feedback
Focusing solely on long-term business planning
Understanding the Answer
Let's break down why this is correct
Building a Minimum Viable Product (MVP) lets you test ideas quickly. Other options are incorrect because Doing all market research first is a misconception; Thinking the main rule is testing assumptions is wrong.
Key Concepts
Lean Startup Methodology
medium level question
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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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