The Lean Startup by Eric Ries | Book Summary and Review | Free Audiobook
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English - June 24, 2023 09:54 - 20 minutesSelf-Improvement Education Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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StoryShots Book Summary and Review of The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses by Eric Ries
Life gets busy. Has The Lean Startup been on your reading list? Learn the key insights now.
We’re scratching the surface here. If you don’t already have Eric Ries’s popular book on business, technology and entrepreneurship, order it here or get the audiobook for free to learn the juicy details.
Introduction
Do you want to learn the secret to a successful startup? The key lies in understanding that a startup is different to a traditional business. You can’t afford to waste time and resources where they are not getting results. A startup needs to be lean, informed and adaptable. Now there is a guide to help you achieve that with your company.
The Lean Startup is a New York Times bestseller. It has sold over one million copies and has now been translated into over thirty languages. It is a guide for entrepreneurs, business owners, and innovators alike.
The book provides a framework for creating successful businesses. The lean startup methodology is a systematic approach. It involves continuous innovation, experimentation and data-driven decision-making. This allows a business to maximize success while minimizing risk.
The Lean Startup process focuses on quickly validating ideas before investing too much time or money into them. This allows entrepreneurs to identify which ideas are worth pursuing and which should be discarded early in the process, saving valuable resources.
Toyota's lean manufacturing revolution inspired the Lean Startup. This revolution incorporated:
attending to the ideas and knowledge of the workers,
making smaller batch sizes,
implementing just-in-time production,
and accelerating cycle times.
It is better to have cross-functional teams that each focus on different stages of the growth cycle. As the product ages, it gets shifted from one team to the next.
“In my Toyota interviews, when I asked what distinguishes the Toyota Way from other management approaches, the most common first response was genchi gembutsu—whether I was in manufacturing, product development, sales, distribution, or public affairs. You cannot be sure you really understand any part of any business problem unless you go and see for yourself firsthand. It is unacceptable to take anything for granted or to rely on the reports of others.” – Eric Ries
The book is structured in three parts: Vision, Steer, and Accelerate. We’ll draw out the key points from each part.
About Eric Ries
PART 1: Vision
StoryShot #1: Startups Require Responsive Management
StoryShot #2: What is a Startup?
StoryShot #3: Collect Data and Learn
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Learn on your terms. Get the PDF, infographic, full ad-free audiobook and animated version of this summary and a lot more on the top-rated StoryShots app: https://www.getstoryshots.com
⭐️⭐️⭐️⭐️⭐️ Don't forget to subscribe, rate and review the StoryShots podcast now to help us grow and create more amazing content for you!
What should our next book be? Comment on Spotify/iTunes or vote it up on the StoryShots app.
Interested in sponsorship? Contact [email protected]
Life gets busy. Has The Lean Startup been on your reading list? Learn the key insights now.
We’re scratching the surface here. If you don’t already have Eric Ries’s popular book on business, technology and entrepreneurship, order it here or get the audiobook for free to learn the juicy details.
Do you want to learn the secret to a successful startup? The key lies in understanding that a startup is different to a traditional business. You can’t afford to waste time and resources where they are not getting results. A startup needs to be lean, informed and adaptable. Now there is a guide to help you achieve that with your company.
The Lean Startup is a New York Times bestseller. It has sold over one million copies and has now been translated into over thirty languages. It is a guide for entrepreneurs, business owners, and innovators alike.
The book provides a framework for creating successful businesses. The lean startup methodology is a systematic approach. It involves continuous innovation, experimentation and data-driven decision-making. This allows a business to maximize success while minimizing risk.
The Lean Startup process focuses on quickly validating ideas before investing too much time or money into them. This allows entrepreneurs to identify which ideas are worth pursuing and which should be discarded early in the process, saving valuable resources.
Toyota's lean manufacturing revolution inspired the Lean Startup. This revolution incorporated:
attending to the ideas and knowledge of the workers,
making smaller batch sizes,
implementing just-in-time production,
and accelerating cycle times.
It is better to have cross-functional teams that each focus on different stages of the growth cycle. As the product ages, it gets shifted from one team to the next.
“In my Toyota interviews, when I asked what distinguishes the Toyota Way from other management approaches, the most common first response was genchi gembutsu—whether I was in manufacturing, product development, sales, distribution, or public affairs. You cannot be sure you really understand any part of any business problem unless you go and see for yourself firsthand. It is unacceptable to take anything for granted or to rely on the reports of others.” – Eric Ries
The book is structured in three parts: Vision, Steer, and Accelerate. We’ll draw out the key points from each part.
Learn more about your ad choices. Visit megaphone.fm/adchoices