The vision almost never changes, but most companies fail because they are unable to execute and put this vision into practice. Eric refers to the great strategic turns of a startup as pivots. The product sold by a startup is the end-result of this strategy and can - and should - always change to achieve the predetermined vision. You need to have a clear strategy that involves a business model, product plan, and a clear market understanding, including partners, competitors, and customers. Leave your business plan aside and dive with us into this reading! The Importance of VisionĮvery startup has a true north, a direction where it would like to go, which is directly associated with its vision. The lean way to start businesses needs speed and agility to be able to change directions whenever necessary. In this microbook, we bring you a model to help your company learn in a market-validated way through rapid and constant experimentation. The Lean Startup Methodology, also known as the Lean Methodology, helps companies to become more efficient, spend less and make the most out of their biggest asset, their people. In The Lean Startup, he proposes a different model of thinking about entrepreneurship that has been widely adopted by the community. He defines a startup as an organization created in situations of extreme uncertainty, seeking a scalable and repeatable business model. Eric Ries is one of the greatest thinkers of the tech startups movement in the world.
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