Summary of Scaling Lean

Looking for the book?
We have the summary! Get the key insights in just 10 minutes.

Scaling Lean book summary
Start getting smarter:
or see our plans

Rating

8

Qualities

  • Applicable

Recommendation

Business modeling expert Ash Maurya offers an illustrated, diagrammed guide to taking your start-up from idea to growing concern. Building on his highly acclaimed 2012 book, Running Lean, Maurya describes the stages involved in testing your ideas and building a scalable “customer factory.” Maurya’s process will help you decide where to invest time and money, based on taking an analytical approach to estimating the potential of your business model. You’ll learn how to gauge your progress objectively, set goals and “sprint” toward success, drawing from mini case studies, examples from Maurya’s start-ups and short exercises that you can apply to your ideas. getAbstract recommends his guidance on implementing Lean Methodology to all entrepreneurs, business owners and executives.

About the Author

Lean business model pioneer, mentor and teacher Ash Maurya starts and sells businesses using the Lean Methodology.

 

Summary

Experiment

As you build your company, learn all you can and make decisions on a foundation of fast, small experiments. Remember you’re in business, not in a lab. Your experiments should test measurable business results that matter to you and your stakeholders.

“Define Your Progress”

Focus on one metric – “traction” – to gauge your progress. This will help you assess your business model and determine meaningful milestones you can use to track your momentum. Know and understand your “Unique Value Proposition.” Know why people will pay for your service or product. Define how it is sufficiently different and superior to compel them to buy.

Base your traction metric on something customers do within your “customer factory.” People enter your factory as visitors and, ideally, transform into “happy customers.” What happens during that process is called “throughput.” More throughput means more happy customers, and more sales and revenue. The higher your throughput, the better your traction is. That’s why traction is your single most important measure of progress.

For most businesses, only “paying customers” count as throughput. For businesses, such as Facebook...


More on this topic

By the same author

Running Lean
8

Customers who read this summary also read

Driving Digital
8
INSPIRED
8
The Sales Manager’s Guide to Greatness
8
Building a StoryBrand
9
Narrative and Numbers
8
Detonate
8

Related Channels

Comment on this summary