Summary of Running Lean

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Rating

8 Overall

8 Applicability

7 Innovation

8 Style


Recommendation

Ash Maurya, an experienced and successful Lean entrepreneur and authority, wastes no time on theory or fluff. He plunges in with almost 200 pages of detailed instruction about how to use the “Lean Methodology” – a proven product development process – to guide your lean start-up. Though it assumes at least a passing familiarity with the Lean Movement, and focuses mostly on “solution”-type start-ups, getAbstract believes anyone interested in building a new business – especially part-time at first and with little money – will find this manual valuable.

In this summary, you will learn

  • How the “Lean Start-up” method works by defining a problem to solve and amassing facts, and
  • How to launch your start-up and achieve “product/market fit.”
 

About the Author

Ash Maurya, a Lean model pioneer and authority, starts and sells businesses using Lean methods.

 

Summary

Calculate Risk
Focus on the risks when you plan your new business. “Start-ups are risky business, and our real job as entrepreneurs is to systemically de-risk our start-ups over time.” Reduce your uncertainty by considering three types of risk and taking steps to address them: <...

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