Summary
Summary ▷The Lean StarUp - Create successful businesses
- Course
- Institution
- Book
The Lean Startup Method, a book written by Eric Ries, which explains how to create successful companies using continuous innovation.
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
Summary entire book The Lean Startup English / Eric Ries / 9781524762407
-
Resumen The Lean Startup, Eric Ries. ISBN: 9781524762407 Emprendimiento - Administración de empresas
-
▷El metodo Lean StarUp- Crea y desarrolla empresas con exito
Seller
Follow
Ludwigvanbee21
Reviews received
Content preview
The Lean StarUp by Eric RiesThe Lean Startup Method, a book written by Eric Ries, which explains how to
create successful companies using continuous innovation.
Every entrepreneurship seeks to create a business that achieves its mission,
guided by a vision, and supported by a strategy that includes a business
model, and ideas about partners, competitors and consumers, and its result
is a product, which is optimized over time. . Although the strategy changes,
the vision does not usually change. Efforts are the experiments that
empirically test predictive hypotheses and validate strategies, and the goal is
to discover how to create a sustainable business. Learning is the unit of
measurement of progress, and every effort should be oriented to knowing
what consumers want. It will be a validated knowledge, if it can be
demonstrated through improvements in the indicators. An enterprise
operates under extreme uncertainty, and cannot be managed in the same
way as a consolidated company.
First you have to understand that this is not how they look it in the movies,
where overnight the entrepreneur is a millionaire, this requires a lot of
sacrifice and common sense. To begin to be successful in a startup, failures
are needed to be able to corroborate hypotheses. Entrepreneurship and the
business area are like the scientific world where scientific tests and methods
are carried out to determine something. Most entrepreneurs still think that
you have to have everything ready before starting a business, that you have
to have all the steps to take and very specific projections in the future as if
they had a crystal ball that told them exactly what to do and how to win but
in this world the future is unpredictable. All consumers have at their disposal
many alternatives every day and the worst of all is that even companies
continue to be created with the traditional method, they continue to invest
in overly powerful infrastructures thinking that their company will be a
success and when the company does not meet their expectations they go
bankrupt due to the lack of adaptability in the market.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Ludwigvanbee21. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $4.32. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
67866 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now