The Lean Startup: Learning from Failure and Minimizing Risk Summary In this article, we discuss the Lean Startup method, which focuses on minimizing the risk of failure in startups. The method emphasizes the importance of figuring out what customers want and measuring progress and learning. It also includes certain rules such as iteration, pivoting, and …
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Embracing Productive Failure: The Key to Innovation in the 21st Century Summary In this article, we discuss the importance of embracing productive failure in order to foster innovation in the 21st century. We explore examples of intentional pivots and minimum viable products, and how they have influenced lesser-known companies. We also discuss the challenges that …
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The Lean Startup: Secrets to Minimizing Failure and Validating Learning Summary In this interview, Eric Ries, the author of “The Lean Startup,” shares his journey as a professional experimenter, discussing his failures and his quest to find a technical solution to the problem of discovering what customers want. He emphasizes the importance of validated learning, …
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