The pace of execution and rapid release to the market, define today’s startup ecosystem. An iterative and incremental development framework is vital to this process. While several technologies exist, Ruby on Rails is still the go-to choice for several developers even in 2019 for their minimum viable product (MVP). Read on to find out why. …
5 reasons why Ruby on Rails is relevant for your MVP in 2019 Read More »
Lean Startup Company helps entrepreneurs and innovators build better products through the Lean Startup methodology and modern management techniques. Lean Startup Week is a seven-day immersion into Lean Startup methodology led by star practitioners in big companies and hot startups from around the world. On Oct. 31st, Hemant Elhence, CEO, Synerzip, attended the Lean Startup …
Top 10 Takeaways from Lean Startup Conference 2016 Read More »
With close to 2,000 entrepreneurs, the Startup Conference is one of the largest conferences in Silicon Valley for starting your startup, learning how to pitch VCs, find co-founders, launch your product to the press and more. I attended this year’s conference and share with you the main take-aways. Main Takeaway- Continuous Experimentation Well Beyond The …
Dos and Don’ts of Lean Startup – Top Takeaways from the Lean Startup Conference 2014 Read More »
Which Hypotheses to Test? The Lean Startup practitioners list all the assumptions in their business model. There was a debate in the conference about which assumptions to validate first. One set of speakers felt the “Leap of faith” assumption should be validated first. But not all product ideas are as ground-breaking as “Sony Walkman” which …
In the recently concluded Lean Startup 2013 Conference it was evident that enterprises of all sizes including Governments are now interested in delivering value to their customers by developing new and innovative products. Jack Welch says that Shareholder Value is a result and not the primary constituent of value delivered by a company. Customers, employees and products are the primary …
Lean Startup Conference 2013 Takeaway 1 – Experiments Improve Learning Read More »
Organizational Culture “The Lean Startup” or “Experimental Entrepreneurship” are strategies adopted by small teams innovating in conditions of extreme uncertainty. However these strategies will succeed only if we have the right organizational culture. Culture is a set of assumptions about values of an organization as perceived by its employees, vendors and customers. Getting it right …
Lean Startup Conference 2013 Takeaway 2 – Organizational Culture Read More »
The Portfolio Approach Intuit applies a portfolio approach to the management of products. A product lifecycle is an S shaped curve as shown in the diagram. Four stages of product lifecycle are depicted by the S shaped curve- explore, exploit, sustain, retire/replace. Intuit’s portfolio consists of three horizons. Horizon 1 is current flagship and core …
Lean Startup Conference 2013 Takeaway 3 – The Portfolio Approach Read More »
Principles Behind the Best Practices Lean thinking is historically known to have evolved in Toyota. “The Lean Startup” has its roots in these basic principles. Donald Reinertsen who often highlights the lean principles that go beyond practices followed in Toyota presented seven big ideas of lean startup. Converting proxy metrics to economic lifecycle profits helps decision. “The …
Lean Startup Conference 2013 Takeaway 4 – Principles Behind the Best Practices Read More »
Main concept in “The Lean Startup” is learning from failure by engaging iteratively in validating hypotheses that lead to the next logical step. Its better to get early validation of “leap of faith” assumptions forming the basis of your business plan. Do we have to fail ourselves to learn? Can we not learn from other’s …
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