Insightful Inputs from The Lean Startups: Part IV

This is WITS Zen initiative to post series of insightful inputs and wisdom nuggets from the book “The Lean Startup”, by Eric Ries. The Lean Startup is a new way of looking at the development of innovative new products that emphasizes fast iteration and customer insight, a huge vision, and great ambition, all at the same time.

 

Insightful Inputs from ” The Lean Startup:

  • The fundamental goal of entrepreneurship is to engage in organization building under conditions of extreme uncertainty,its most vital function is learning.
  • The effort that is not absolutely necessary for learning what customers want can be eliminated.
  • The right way to think about productivity in a startup: not in terms of how much stuff we are building in terms of how much validated learning we’re getting for our efforts.

Watch out for more¬† inputs. To be continued…

If WITS Zen has missed some valuable inputs from the book, please share with us.

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