Lean Startup

SUPER GUIDE: Lean Startup

The Super Guide about Lean Startup is a complete guide on how the lean startup model is a business management and product development methodology.

Table of content

1. Introduction
2. What Is The Lean Startup Methodology?
3. Core Principles Of The Lean Startup Model
   1. Learn
   2. Measure
   3. Build
4. Four Steps Of Lean Startup Cycle
   1. Step #1 — Business Model Canvas
   2. Filling In Your Business Model Canvas Template
      1. Value Propositions
      2. Customer Segments
      3. Distribution Channels
      4. Customer Relationships
      5. Revenue Streams
      6. Key Activities
      7. Key Resources
      8. Key Partners
      9. Cost Structure
   3. Step #2 — Formulating A Hypothesis
      1. Desirability
      2. Feasibility
      3. Viability
   4. Step #3 — Minimum Viable Product
      1. Core Product Value
      2. Types Of Mvp
      3. Landing Page
      4. Video
      5. Software
      6. Mechanical Prototypes
   5. Step #4 — Learning
   6. Types Of Pivot
      1. Zoom-In Pivot
      2. Zoom-Out Pivot
      3. Customer Setup Pivot
      4. Customer Need Pivot
      5. Platform Pivot
5. Goals Of Lean Startup Methodology
   1. To Facilitate Product Releases As Quickly As Possible
   2. Mitigates Risk
   3. Prioritize Resources
   4. Provides A Systematic Approach
   5. Creates A Sustainable Business Model
6. Examples Of The Lean Startup Method In Action
   1. Dropbox
   2. Zappos
   3. General Electric
   4. Buffer
   5. Slack
7. Design Thinking Vs Lean Startup
   1. Empathize
   2. Define
   3. Ideating
   4. Prototype
   5. Testing
8. What If We Combine Lean Startup And Design Thinking?
   1. Customer Problem Phase
   2. Customer Solution Phase
9. Lean Startup Vs Agile Startup Methodologies
10. Lean Startup Vs Traditional Startup Approaches
11. Lean Startup For Social Change
12. Benefits Of Lean Startup
    1. Increased Productivity
    2. Reduced Cost
    3. Greater Proximity To Customers
    4. Enhanced Flexibility
    5. Saves Time
    6. Mitigates Risk
13. Six Common Misconception About Lean Startups
    1. Lean Means You’re Cheap, Not Thinking Big
    2. Venture Capital Is Unnecessary In The Lean World
    3. Lean Startups Embrace Failures
    4. Established Companies Have Nothing To Gain From A Lean Approach
    5. The First Step Is To Validate A Hypothesis
    6. Lean Startup Replaces Vision With Data And Customer Feedback
14. Obstacles To Startups And The Way The Lean Startup Strategy Helps Overcome Them
    1. Obstacle 1: Incomplete Business Plan
    2. Obstacle 2: Untested Market Demand For The Company’s Product
    3. Obstacle No. 3: Lack Of Adequate Funding
15. Can Lean Startup Work On B2b?
16. The Limits To Lean Startup For Opportunity Identification And New Venture Creation
    1. Issues With Implementation
    2. Problems With Hypothesis Development And Experimentation
    3. Challenges Associated With Minimum Viable Product
    4. Biases And Implementation Issues With Interviewing
    5. Not The Correct Model For Breakthroughs
    6. Marketing, Sales, And Revenue Growth Gaps
17. Conclusion

Read an excerpt from this Lean Startup Super Guide:

“The world of startups and business development is an ever-changing field, with game-changing innovations being discovered every day. With this, businesses must strive to be as efficient as possible in this increasingly competitive market and find new ways to reach out to their consumers and obtain a more holistic view of the market environment. That’s where the Lean Startup Method comes in. Let’s take a look at this
innovative ideology and what it may mean for the business world.

The lean startup model is a business management and product development methodology that was first popularized by the entrepreneur Eric Riesling in his 2008 book “How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Business”.

The core idea behind the system is to decrease the time and resources invested in developing a Minimum Viable Product (the most fundamental and rudimentary form of your products/services).”

This is must-have knowledge for entrepreneurs and business model analysts, and consultants if you want to dominate business models, this super guide was made especially for you.