Summary and Analysis of The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses: Based on the Book by Eric Ries
By Worth Books
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About this ebook
Through successes and failures with tech companies, Eric Ries began to realize there was a better way to develop a startup. Using his experiences, as well as valuable lessons learned from other industries, Ries identifies the difficulties a startup faces and how to build a more efficient—and successful—business. In the end, all of his advice comes down to saving the most important resource of all: time.
This summary of that bestselling business book covers such topics as:
- How to shorten project-development cycles
- Validated learning and rapid scientific experimentation
- Measuring progress accurately
- Identifying your customers’ desires
- How to adapt to changing circumstances quickly
With chapter-by-chapter overviews, definitions of key terms, context and analysis, important quotes, and other features, this summary and analysis of The Lean Startup is intended to complement your reading experience and bring you closer to a great work of nonfiction.
Worth Books
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- Rating: 5 out of 5 stars5/5i love the worth books smart summaries series,
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they fail to summarize the key point and trapped on "few pages as possible" concept,
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this book gives me a quick scan, fast glance review
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Book preview
Summary and Analysis of The Lean Startup - Worth Books
Contents
Context
Overview
Summary
Cast of Characters
Direct Quotes and Analysis
Trivia
What’s That Word?
Critical Response
About Eric Ries
For Your Information
Copyright
Context
Lean manufacturing, a concept pioneered by Toyota and based on the process-flow ideology of Henry Ford, is a system in which each segment of a process adds value to the whole, and none of the parts cause waste. In other words, lean manufacturing seeks to eliminate waste while increasing value to the consumer.
The principles of lean manufacturing have been appropriated for use in various industries. Author Eric Ries, a veteran of numerous tech launches, applies the lean
concept to startups. Ironically, it was through his experience of business failure that he developed the methodology put forth in his bestselling book, The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses.
Ries began a blog about his experiences called Startup Lessons Learned and spoke to conferences and companies interested in employing his methods. The Lean Startup concept eventually sparked a movement that led to the development of the book. Published in 2011, The Lean Startup was an enormous success, and the notions Ries put forth have been widely discussed and adopted in the years since. Lean Startup Company, which Ries cofounded, has held a yearly Lean Startup Week
since 2010 to assist entrepreneurs with implementing lean thinking into their businesses.
Overview
The Lean Startup is a book about efficiency. Entrepreneurs are not in a race with other companies or even themselves. According to Eric Ries, their biggest rival is time. Since there’s no way to create more time, the question becomes how