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Use The Lean Start-Up summary to take your business to the top
Solving major start up challenges
• The likelihood of failure is incredibly high for brave new entrepreneurs • In order to be one of the survivors, you need to arm yourself with the relevant knowledge to aid success• The lean start-up summary can give you this crucial information in just 20 minuets, teaching your company not only to survive, but thrive.
One of the biggest challenges faced:Wastefulness through poor planning
• Many start-ups are formed without concrete direction, spending too much time on a single aspect of the business • This imbalance of attention results in failure before the business can even get off the ground.
• No matter what business you are in, too much time spent in any single area is a waste that will bring you down • You need to tailor your plan and management style to your start-up’s unique needs to beat this common challenge, taking the lean start-up approach.
Reduce waste and increase value with small product releases
• Execute a series of small product releases that lead up to the big, final release • This will help you gather important information about your customers, and test different aspects of the final product• This helps with both product development and marketing, doubling the effectiveness of your work.
Wasteful practices can spell the end of a start-up, but careful planning, using resources, and effort to develop multiple aspects of your business at once will allow you to stay in the game.
Read the full Lean Start-Up summary to give your start-up a winning edge