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What is the Lean Startup? (and why should I care?) Hank Horkoff Barcamp Shanghai June 12, 2010

Lean startup-barcamp-shanghai 2

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Page 1: Lean startup-barcamp-shanghai 2

What is the Lean Startup?(and why should I care?)

Hank HorkoffBarcamp ShanghaiJune 12, 2010

Page 2: Lean startup-barcamp-shanghai 2

“Part or all of Plan A is wrong”

Source: Getting to Plan B, Komisar and Mullins

Page 3: Lean startup-barcamp-shanghai 2

What is the Lean Startup?

• The Lean Startup is the disciplined approach to imagining, designing and building new web & mobile software products.

• Lean Startup principles standardize common startup practices which incorporate best practices from other entrepreneurs, thereby reducing startup risk.

• A “practical MBA” for entrepreneurs

中国精实创新网 http://leanstartupchina.com

Page 4: Lean startup-barcamp-shanghai 2

Stages of a Lean Startup

The Search for a Business The Growth of a Business

Customer Discovery

Customer Validation

Customer Creation

Company Building

中国精实创新网 http://leanstartupchina.com

Page 5: Lean startup-barcamp-shanghai 2

Goal: Minimize time through the loop

IdeasIdeas

CodeCodeDataData

BuildBuild

MeasureMeasure

LearnLearn

Page 6: Lean startup-barcamp-shanghai 2

The Customer Discovery Process

Source: Ash Maurya, Practice Trumps Theory

Page 7: Lean startup-barcamp-shanghai 2

Goals of Customer Discovery

• Think through you idea & assumptions• Whose problem are you solving?• What is the minimum viable product (MVP)?

中国精实创新网 http://leanstartupchina.com

Page 8: Lean startup-barcamp-shanghai 2

Links:http://leanstartupchina.com (中文 )

http://steveblank.com http://startuplessonslearned.comhttp://ashmaurya.com