The Lean Startup


“The only way to win is to learn faster than anyone else.”


The book explores the most likely ways a startup might fail, and as we know, most startups do. It also gives advice on how to avoid the most likely pitfalls and achieve success.


KEY TAKEAWAYS:

1. Success doesn’t happen because you are in the right place at the right time. It’s processes and methodology. Success can be engineered and taught.

2. MVP is key: you need to get to the minimal viable product as soon as possible and then iterate fast.

3. Use the lean methodology in your organization: ask "why" 5 times to get to the route cause of any issue.


READ IF: You are a founder and want to learn from others' mistakes in order to increase your chances to succeed.