Lean Startup With Mo

I presented on Lean Startup and its application to effective software development to the undergraduate CS majors and aspiring entrepreneurs at the University of Chicago.

I found it fascinating that an author (writing on the job market) in attendance sought to apply lean principles towards career development.

Transcript

1. Going Lean: A Primer Mohit Bhasin 10/29/13
2. Managing Product
3. • ½ of businesses started in the United States fail within 5 years. • Only 37% of IT business still operate after 4 years • 75% of VC companies don’t turn a profit The Landscape
4. Improving your odds 2008 2011
5. Scientific Method Build it and they will come The Lean Framework Waterfall Method Testing Falsifiable Hypotheses
6. Ideate Customer Discovery Mockup Test Build Build something people NEED, not want. Measure: Getting Started Original mockup: TWTTR
7. Learn: Pivot to new ideas (In)validate your assumptions Fail. Fast.
8. Build: MVP When is good, good enough?
9. Product Development Software Development
10. Behavior Driven Dev. How do Lean principles apply to Software? Title (one line describing the story) Narrative: As a [role] I want [feature] So that [benefit] Acceptance Criteria: (presented as Scenarios) Scenario 1: Title Given [context] And [some more context]... When [event] Then [outcome] And [another outcome]... Scenario 2: ...
11. Agile Development “Individuals and interactions over processes and tools Working software over comprehensive documentation Customer collaboration over contract negotiation Responding to change over following a plan” Say no to waterfalls and hideous 90’s attire
12. Si, Se Puede Learn it. Build it!
13. Thank You! mbhasin@chicagobooth.edu