The Lean Start-up Framework

Posted by: meikah | 28 January 2014 | 12:41 am

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It’s the new year, and so a good time to start a business. In fact, according to the Chinese, this is an auspicious time for business for those born this year (Year of the Horse).

But before you all get excited, to plan is a step toward success already. Plan your business start-up first. And what better way to do that but to start with a good strategy: the lean.

Eric Ries, the 34-year-old start-up advisor and leader of t he Lean start-up movement shares his Lean Start-up Framework. He discovers this after failing in 2 of his start-up businesses. In a lean start-up, the focus is not on the product but on how you and your product can solve the customers’ problems.

Take a look at these six (6) core themes of lean start-up.

  1. Eliminate uncertainty
  2. Work smarter, not harder
  3. Minimum viable product
  4. Validated learning
  5. Innovation accounting
  6. Build-measure-learn

Continue reading for how each one works and their implications HERE.

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