Think Cupcakes: A Quick Refresher on Lean Startup

Transcript

1. Quick Refresh on Lean Startup
2. Anti-definition first
3. LEAN STARTUP IS NOT CHEAP “LEAN” ≠ “starved for resources”
4. MARTA 4500 Calories/Day STILL LEAN
5. LEAN STARTUP IS NOT CHEAP SHORTCUT Lean is disciplined
6. MARTA 4500 Calories/Day STILL LEAN Face down the risks.
7. LEAN STARTUP IS NOT CHEAP SHORTCUT FAST (Important work happens in the flat part of the growth curve.)
8. MARTA 4500 Calories/Day STILL LEAN Face the risks.
9. PAM & JUNE’S Wedding Cake A PARABLE
10. JUNE PAM
11. APRIL MAY JUNE JULY
12. sedonaweddingcakes.com
13. freebestpictures.blogspot.com
14. thekitchn.com
15. Zoe Clark, The Cake Parlour
16. sedonaweddingcakes.com Zoe Clark, The Cake Parlour
17. LEAN STARTUP METHOD LIST YOUR ASSUMPTIONS UNDERSTAND YOUR CUSTOMERS GET REAL PRODUCT INTO THE WORLD ADJUST DIRECTION BASED ON WHAT HAPPENS
18. TIME & EFFORT release release MAKE MAKE release MAKE THINK PROGRESS
19. Effort without proof builds a mountain of risk. TIME & EFFORT release release MAKE MAKE release MAKE THINK PROGRESS RISK
20. Closed learning loops burn down the risk. TIME & EFFORT PROGRESS RISK
21. TIME Each learning loop has you make something, see how real people respond, and then adjust your strategy. BUILD MEASURE LEARN RISK
22. LEAN STARTUP Use iterative learning cycles to quickly reveal the flaws in your strategy, so that you can change direction before they negatively impact your goal. LEARN BUILD MEASURE
23. Testing critical assumptions reduces waste. Lean = Efficient Lean = Muscular Lean = Evidence-driven Lean = No faking it
24. THANK YOU @clevergirl