Book Summary: The Lean Startup

The Lean Startup — Eric Ries

The Lean Startup

by Eric Ries

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Resonating Message

We must rethink the way we look at business, creating a culture and environment that insists assumpted be stated and tested rapidly, to efficiently identify and validate value and growth hypothesis — to scientifically uncover how to turn a company vision into a sustainable business model.

Chapter in one sentence

1. START: Startups have a lot of uncertainty, but this does not exclude them from requiring management of a portfolio. Instead, this management must focus on rapid inspection and adaptation in line with a vision — actively encouraging failure to quickly validate testable predictions.
2. DEFINE: Leadership must move away from traditional management paradigms, working instead to establish a strong vision, and then creating an environment that supports entrepreneurship and experimentation in a build-measure-learn cycle for all of its employees in pursuit of that vision.
3. LEARN: Lean startups need to use validated learning as their primary measure…