“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.
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.