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The Lean Startup: In-Depth Summary - original book by Eric Ries - summary by edify.me
This is an in-depth, chapter-by-chapter summary of Eric Ries's best-selling book The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses. In this summary, Ries presents a practical and insightful approach to building products and launching startups. Based on his experience as an entrepreneur and drawing concepts from lean manufacturing and other disciplines, Ries has created a framework for systematic innovation to maximize the chances of startup success.
In this summary: Introduction: 5 principles of the lean startup method. Chapter 1 - Start: Why companies fail; understanding vision, strategy and product. Chapter 2 - Define: The true definition of a “startup”; lessons on innovation from SnapTax and Intuit. Chapter 3 - Learn: Lessons from IMVU’s mistakes; validated learning, scientific testing and reducing waste. Chapter 4 - Experiment: 4 reasons experiments are better than research; value and growth hypotheses; how to run an experiment. Chapter 5 - Leap: Leap of faith assumptions; genchi genbutsu; customer archetypes. Chapter 6 - Test: Minimum viable product (MVP); 4 fears of MVPs. Chapter 7 - Measure: The 3 A’s, 3 steps and 3 tools of innovation accounting; actionable metrics. Chapter 8 - Pivot (or Persevere) When to pivot; 5 points about pivots; 10 types of pivots. Chapter 9 - Batch: Single piece flow; benefits of small batches; continuous deployment; the andon cord; “pull” hypotheses. Chapter 10 - Grow 4 types of sustainable growth; 3 engines of growth; quantifying product / market fit. Chapter 11 -Adapt Adaptive organizations; the 5 whys; proportional investments. Chapter 12 - Innovate Portfolio thinking; startups within an organization; the innovation sandbox.
Estimated reading time: 40 minutes
Original Book: 5:05 hours
You Save: 4:25 hours
Benefits of edify.me summaries:
In addition to saving time, this summary is designed for: Readability: clear, concise and well-written for easy reading. Retention: structured into logical sections and enhanced with bullet points, lists and quotations to maximize retention of knowledge. Review: provides a fast knowledge refresher when you need it.
In this summary: Introduction: 5 principles of the lean startup method. Chapter 1 - Start: Why companies fail; understanding vision, strategy and product. Chapter 2 - Define: The true definition of a “startup”; lessons on innovation from SnapTax and Intuit. Chapter 3 - Learn: Lessons from IMVU’s mistakes; validated learning, scientific testing and reducing waste. Chapter 4 - Experiment: 4 reasons experiments are better than research; value and growth hypotheses; how to run an experiment. Chapter 5 - Leap: Leap of faith assumptions; genchi genbutsu; customer archetypes. Chapter 6 - Test: Minimum viable product (MVP); 4 fears of MVPs. Chapter 7 - Measure: The 3 A’s, 3 steps and 3 tools of innovation accounting; actionable metrics. Chapter 8 - Pivot (or Persevere) When to pivot; 5 points about pivots; 10 types of pivots. Chapter 9 - Batch: Single piece flow; benefits of small batches; continuous deployment; the andon cord; “pull” hypotheses. Chapter 10 - Grow 4 types of sustainable growth; 3 engines of growth; quantifying product / market fit. Chapter 11 -Adapt Adaptive organizations; the 5 whys; proportional investments. Chapter 12 - Innovate Portfolio thinking; startups within an organization; the innovation sandbox.
Estimated reading time: 40 minutes
Original Book: 5:05 hours
You Save: 4:25 hours
Benefits of edify.me summaries:
In addition to saving time, this summary is designed for: Readability: clear, concise and well-written for easy reading. Retention: structured into logical sections and enhanced with bullet points, lists and quotations to maximize retention of knowledge. Review: provides a fast knowledge refresher when you need it.
58 pages, Kindle Edition
First published February 20, 2015
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Displaying 1 of 1 review
November 10, 2015
Great reference
High level enough to keep things moving while digging deep enough to be valuable. You should definitely read the full book first.
High level enough to keep things moving while digging deep enough to be valuable. You should definitely read the full book first.
Displaying 1 of 1 review