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Is LeanStartup Right For
You ?
For Engineers
About.Me
ThiyagaRajan
twitter.com/mtrajan
I work with engineers and help them ask
different questions
Currently - Innovation Manger @ Intuit
Previously – Entrepreneur, Product Manager, Engineer
Communities of Practice – MoMoB.in, ProductConclave.in
Is (X) right for me ?
Know Self
Know (X)
Know Self
Different Engineers
Product Entrepreneur Engineers
Product Engineers
Engineers
Questions asked are different
Why & What to then How to ?
What to then How to ?
How to ?
KNOW LEANSTARTUP
Lean Startup
It is language for startup product
management best practices.
Key tenet
Eliminating unknowns about customer/
market before anything increases the
odds of success
LeanStartup Provides
Mindset
Toolset
Motto
Product Startup Stages
LeanStartup Mindset
Learn before you execute
LeanStartup Toolset – MVP
Debug before you build
LeanStartup Motto
Minimize cycle time
Stages of Product Startup
Problem/Solution Fit
User/Experience Fit
Product/Market Fit
Business Model/Growth Fit
WHERE FITNESS
HAPPENS?
Change habits ?
Question everything including the idea
Psychologically Certainty,
Intellectual Uncertainty
“A true scientist believes in a
model/theory enough to continue to be
motivated to work on it but questions
it when the observations shows
differently”
- Richard D Hamming
Comfortable with
embarrassment
Be embarrassed about the
imperfection of your first ship
Great for bootstrapper
“Lean is about front-loading your
learning instead of front-loading your
costs”
- Rob FitzPatrick (@robfitz)
Funding for learning vs goals
You don’t get funding for explicitly
stating a learning goal in your pitch to
a VC
When not to use Lean
New Inventions
10x year vision
Problems well known ( ex: cancer)
Lean is language
Using the language is not necessary
Do it ! It’s ok if you can’t talk it
Ex: Cleartrip, Flipkart
Those who do it and know the
language
Ex: Mygola, Freefood.in (Rashmi
Ranjan Padhy), Intuit, GE
For the newbie language helps
To ask & solve what & why
It’s a new language – expect
just baked terms & confusion
HOW TO GET STARTED
Start with a problem statement
If you have an idea
Dissect the Idea Anatomy
Vision ?
Problem ?
Solution ?
Beneficiary ?
List your guesses
Make a list of unknowns
Rank based on negative impact of
these unknowns
Experiment with unknowns in the
ranked order
Learn & Go Forward
QUESTIONS

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Is lean startup right for you

Hinweis der Redaktion

  1. http://pixabay.com/static/uploads/photo/2012/11/03/06/18/question-mark-63979_640.jpg?i
  2. There are engineers There are product engineers There are product entrepreneur engineers
  3. There are engineers There are product engineers There are product entrepreneur engineers
  4. Suggest a mindset Advocates a toolset Gives you a motto Tells you about product startup stages
  5. WHY & WHAT before HOW
  6. Build to learn
  7. Ask the ‘what for the cRequires change of a habit. ‘customer’. Ask what & why behind any thing before the how
  8. Even if VC’s don’t admit startups is about learning before executing.