A lean startup is a business methodology that prioritizes building a product or service based on actual customer feedback rather than traditional business planning. Originating from Eric Ries' 2011 ...
Opinions expressed by Entrepreneur contributors are their own. If you’ve recently launched a startup, I’m sure that you’ve heard a lot about being “lean.” But I’m not here to discuss the methodology ...
Market research statistics indicate that more than 300 million startups are launched globally each year. Of that amount, only about 10% manage to become successful businesses. Startups in the digital ...
When someone finds out that I am an entrepreneurship professor, they tend to either ask me to listen to their startup pitch, or else they look at me quizzically and say: “But I thought ...
There is a myriad of reasons why most startups fail, ranging from a lack of organizational structure to minimal understanding of who their customer is or what their product should look like. Ten years ...
Lean is good. Fat is bad. Right? Maybe not. Ask the polar bear if he doesn’t store fat, how would he survive the winter? This furry analogy may not only be wildlife wisdom. It finds some pertinence in ...
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Lean startup theory and early bootstrapping
Geoff discusses the Lean Startup Theory and how bootstrapping in the early stages is key. He applied this approach to Sports Card Investor, using basic videos to test the waters. Supreme Court revives ...
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