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Lean Startup
A startup company or startup
 is a company with a limited
       operating history.
.com bubble
  boo.com         pets.com
$ 188 million   $ 300 million
   (0,5 year)      ( 2 years)
Risky business
Entrepreneurship is a kind of
       management.
Why do Startups fail?

Business     Solid     Market
 plan      strategy   research
Planning + Forecasting

Long + stable operating
   history & static
     environment
A startup company or startup
 is a company with a limited
      operating history.
The Roots

 Lean manufacturing

“Build quality products from
       the inside out”
Vision   Steer Accelerate
Vision
Strategy


 Vision
Product


Strategy


 Vision
Steer


Product


Strategy


 Vision
Optimize


 Product


 Strategy


  Vision
Build - Measure - Learn
    feedback loop
Build - Measure - Learn
        feedback loop
             ideas
 Learn                Build




 data                 product



            Measure
Measure
User behavior   Take action
Pivot
       Zoom-in, Zoom-out,
Customer Segment / Customer Need,
           Platform,...
Accelerate

               New customers
Sustainable    come from the
               actions of past
  Growth         customers.
Be adaptive

Lean startup need a process
  that provides a natural
                               5
       feedback loop
                              Whys
The vehicle will not start.
            (the problem)



  Why? - The battery is dead.
Why?


The alternator is not
    functioning.
Why?


The alternator belt has
       broken.
Why?

The belt was well beyond its
 useful service life and not
         replaced.
Why?


   The vehicle was not
 maintained according to
the recommended service
        schedule.
Innovative Culture
           (duh)




 Google             Facebook
20% Time           Hackathons
Build with a vision,
Measure and steer,
Learn and accelerate.
@sandr




     Copyright © Eric Ries, 2011.
Join the Movement theleanstartup.com

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The Lean Startup, an introduction to build, measure and learn.