The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses

Category: Finance
Author: Eric Ries
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by Endlessly   2020-04-25
Since it’s not 100% obvious - the poster “eries” is a popular author and popularized the idea of lean startups, which currently has (4,636) reviews on Amazon and a 4.5 star rating:

https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous...

by BooleanColor   2019-11-17

The best way to get started is well, to get started. Follow the ‘Lean Startup Methodology’ and test the hypothesis about your business. Learn what works and what doesn’t and perfect your idea.

Following the principles stated in The Lean Startup (I strongly suggest you to read the book if you haven’t already) you will be able to build a business around your idea avoiding many of the failures that plague most of the startups.

Testing if your product/service has a real market should be your first step.

Good luck fellow Entrepreneur!

by tapicer   2019-11-17

La mayoría de las startups se funden sin generar ganancia (agotando todo el capital inicial), la forma de evitar eso es darte cuenta lo antes posible de si tenés un mercado real o si lo estás suponiendo. No consumas un año de tu vida (o más) intentando ver si una idea funciona. Un "estudio de mercado" no es suficiente, tenés que probar la validez de tu idea EN EL MERCADO REAL lo antes posible con la menor cantidad de recursos posibles, para decidir si seguir adelante o no, o hacer un cambio de modelo (pivot).

Todo eso no lo inventé yo, es como se desarrollan la mayoría de las startups "inteligentes" hoy en día y las ideas vienen de Lean Startup (http://theleanstartup.com/, https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898), te recomiendo conseguir y leer bien el libro antes de gastar guita. Para la mayoría de las ideas podés probar la "viabilidad" en muy poco tiempo con muy poca plata. El libro es viejo, pero aún vigente. Si no querés leer todo el libro leete los primeros capítulos y los otros por encima, pero te recomiendo aplicarlo antes de programar siquiera 1 línea de código, porque si no vas a fundirte con un 99% de probabilidad. No lo digo por pesimista, si no por realista. Uno confía mucho en sus propias ideas, pero hasta que salís a probarlas no te das cuenta si van a funcionar o si es tu apego a tu creación.

by Karpuz12   2019-07-21

This should help you with number 1

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Book: The lean startup

by rafaelspecta   2019-07-21

Exactly. That is the idea.

Problem Fit => Solution Fit => Product Fit => Market Fit Each step teaches us very important details and you engage your early-adopters in the process. When you have the actual product you already have customers, and sometimes paying customers.

And there are books around this that EVERYONE SHOULD READ.

"The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses" (Eric Reis) - 2011 https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898/

"Running Lean: Iterate from Plan A to a Plan That Works" (Ash Maurya) - 2010 https://www.amazon.com/Running-Lean-Iterate-Plan-Works/dp/1449305172

"Sprint: How to Solve Big Problems and Test New Ideas in Just Five Days" (Jake Knapp - Google Ventures) - 2016 https://www.amazon.com/Sprint-Solve-Problems-Test-Ideas/dp/150112174X/ref=sr_1_1?qid=1550802301&s=gateway&sr=8-1

by rafaelspecta   2019-07-21

If you are going for a internet business or any product-oriented business here a are the best books

BEST ONES

"The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses" (Eric Reis) - 2011

https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous-Innovation/dp/0307887898/

"Running Lean: Iterate from Plan A to a Plan That Works" (Ash Maurya) - 2010

https://www.amazon.com/Running-Lean-Iterate-Plan-Works/dp/1449305172

"Sprint: How to Solve Big Problems and Test New Ideas in Just Five Days" (Jake Knapp - Google Ventures) - 2016

https://www.amazon.com/Sprint-Solve-Problems-Test-Ideas/dp/150112174X/ref=sr_1_1?qid=1550802301&s=gateway&sr=8-1

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ALSO GO FOR (these are the ones that started organizing the Startup world)

"The Four Steps to the Epiphany" (Steve Blank) - 2005

https://www.amazon.com/gp/product/0989200507/

"Business Model Generation" (Alexander Osterwalder) - 2008

https://www.amazon.com/Business-Model-Generation-Visionaries-Challengers/dp/0470876417/

by crazygringo   2018-03-07
My $0.02, having been a PM for many years:

Read Cracking the PM Interview [1] (for an overview of the job, not the actual interview tips) and The Lean Startup [2] (for general philosophy).

35 is a great age for a PM, especially since PM's often start elsewhere -- maturity is a plus here. I'd say there are 3 main ways into it -- as an engineer, who starts to do PM-type stuff on a team where there's no PM. As a designer, who starts to do PM-type stuff on a team where there's no PM. Or as an MBA who has a good sense for engineering and design. Certifications generally don't mean anything -- communication and leadership skills, good judgment, experience and a proven track record are what matter. But all those things can be demonstrated in previous non-PM roles, in order to make the initial switch.

Also, if you want to be a PM then you'd better enjoy meetings, slides, people, and communicating & convincing all day long, day-in day-out. If those make you say an enthusiastic "yes that's me!" then jump right in. If not... you're gonna have a bad time...

[1] https://www.amazon.com/Cracking-PM-Interview-Product-Technol...

[2] https://www.amazon.com/Lean-Startup-Entrepreneurs-Continuous...

by WestCoastJustin   2017-08-19
If you care at all about this stuff, do yourself a favor and read "The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses". [1] Eric Ries shines a light on vanity metrics, tells you what you should be tracking, and ways to track it. [2] He goes into detail about how companies, big and small (himself included), often track the wrong metrics, which in turn give wrong indicators, he helps you turn that around.

[1] http://www.amazon.ca/The-Lean-Startup-Entrepreneurs-Continuo...

[2] http://en.wikipedia.org/wiki/Lean_Startup#Actionable_metrics

by WestCoastJustin   2017-08-19
When you have some ideas, before you start, spend the first couple hours reading "The Lean Startup" [1] by Eric Ries. This book will give you a measuring stick to see if these ideas work.

[1] http://www.amazon.ca/The-Lean-Startup-Entrepreneurs-Continuo...

by WestCoastJustin   2017-08-19
You should also read "The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses" [1]. This will give you a guide to metrics you should be using to track your status.

[1] http://www.amazon.ca/The-Lean-Startup-Entrepreneurs-Continuo...

by consigncloud   2017-08-19

Slightly longer term advice, but do make a point of reading The Lean Startup by Eric Ries - some amazing advice on product validation. https://toptalkedbooks.com/amzn/0307887898

Other than that, the Growth Hackers website has a load of great resources too. https://growthhackers.com/

by brikis98   2017-08-19

It sounds like you've identified a problem. The fact that you have a mockup suggests you also have an idea for a solution. Both of these are good.

The next step is to validate the problem and solution. That is, your goal is to find real customers who (a) have that problem and (b) are willing to pay for your solution. You want to know that there is a market for this product before you invest a lot of time and money in building it. Or, to put it another way, if you can’t find ten people who say they’ll buy it, your company is bullshit.

The general process is known as customer validation (see The Four Steps to the Epiphany ) or MVP. Note that the MVP isn't necessarily a product: at the stage you're at, a design mockup, landing page, video, or Kickstarter campaign may be enough to show that an idea is viable (see The Ultimate Guide to Minimum Viable Products).

For more info on how to launch a startup idea, check out The Startup Checklist and Hello, Startup. Full disclaimer: I created both of these and they are designed specifically to help people like you, who have an idea and are trying to figure out what to do next.

by msupr   2017-08-19

Had this list together from a blog post I wrote a few months ago. Not sure what exactly you're looking for, but these are my favorite books and I'd recommend everybody read them all. There are other great books out there, but this is a pretty well rounded list that touches everything a company needs.

The Lean Startup https://toptalkedbooks.com/amzn/0307887898

Business Model Generation https://toptalkedbooks.com/amzn/0470876417

Hooked: How to Build Habit-Forming Products https://toptalkedbooks.com/amzn/1591847788

Talking to Humans https://toptalkedbooks.com/amzn/B00NSUEUL4

Predictable Revenue https://toptalkedbooks.com/amzn/0984380213

To Sell is Human https://toptalkedbooks.com/amzn/1594631905

Rework https://toptalkedbooks.com/amzn/0307463745

Delivering Happiness https://toptalkedbooks.com/amzn/0446576220