Most startups fail. But many of those failures are preventable. The
Lean Startup is a new approach being adopted across the globe, changing
the way companies are built and new products are launched.
Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty.
This is just as true for one person in a garage or a group of seasoned
professionals in a Fortune 500 boardroom. What they have in common is a
mission to penetrate that fog of uncertainty to discover a successful
path to a sustainable business.
The Lean Startup approach
fosters companies that are both more capital efficient and that leverage
human creativity more effectively. Inspired by lessons from lean
manufacturing, it relies on “validated learning,” rapid scientific
experimentation, as well as a number of counter-intuitive practices that
shorten product development cycles, measure actual progress without
resorting to vanity metrics, and learn what customers really want. It
enables a company to shift directions with agility, altering plans inch
by inch, minute by minute.
Rather than wasting time creating elaborate business plans, The Lean Startup
offers entrepreneurs - in companies of all sizes - a way to test their
vision continuously, to adapt and adjust before it’s too late. Ries
provides a scientific approach to creating and managing successful
startups in a age when companies need to innovate more than ever.