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Lean startup is a methodology for developing businesses and products that aims to shorten product development cycles and rapidly discover if a proposed business model is viable; this is achieved by adopting a combination of business-hypothesis-driven experimentation, iterative product releases, and validated learning.
The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses is a book by Eric Ries published in 2011 which describes his proposed lean startup strategy for startup companies. [1]
Lean LaunchPad is an entrepreneurship methodology created by Steve Blank to test and develop business models based on querying and learning from customers. It is said to be based on the scientific method and combines experiential learning with “The three building blocks of a successful lean startup”: Alexander Osterwalder's "Business Model Canvas", Steve Blank's "Customer Development Model ...
Bacq and Wang (2024) applied MON to impact startups by adapting its principles to tackle societal grand challenges. The framework expands on the conventional lean startup model by integrating a multi-stakeholder approach, which is essential for addressing complex social and environmental issues. MON plays a key role in the first phase, known as ...
The lean startup methodology originates from a combination of ideas such as lean manufacturing, which seeks to increase value-creating practices and eliminate wasteful practices, [13] [3] [14] and Steve Blank's customer development methodology. In 2008, Ries began to document the lean startup methodology on his blog with a post titled "The lean ...
Steve Blank (born 1953) is an American entrepreneur, educator, author and speaker. [1] He created the customer development method that launched the lean startup movement. His work has influenced modern entrepreneurship through the creation of tools and processes for new ventures which differ from those used in large companies.
Many burgeoning startup companies devote all of their efforts to designing and refining their product and very little time “getting out of the building.” [4] [5] The customer development model encourages that more time be spent in the field identifying potential consumers and learning how to better meet their needs.
Lean project management, application of lean concepts to project management; Lean services, application of lean manufacturing principles in a service operation; Lean software development, lean manufacturing principles applied to software development; Lean startup, how to start a company in a lean way