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This Eric Ries bestseller is an elaboration of his famous business concept called Lean Startup. The Lean Startup: How Constant Innovation Creates Radically Successful Businesses, like the hypothesis, intends to revolutionize ways in which new companies are built and their businesses function.
Summary Of The Book
The world witnesses a number of people zealously starting their own businesses everyday. Some of them are even backed by the greatest ideas and commendable expertise. But in spite of such enthusiasts putting their sweat and blood into their dream projects, the world also witnesses everyday, a mighty big fraction of such businesses falling apart. What goes wrong in so many cases and what could save such fresh ventures is quite a challenging question. To answer this and to provide a safety net for all those determined to make their own startups work, Eric Ries writes this book, The Lean Startup: How Constant Innovation Creates Radically Successful Businesses.
Inspired by the Japanese and their Lean Manufacturing concept, Ries coined this ingenious business concept in 2011. It gradually became a movement in itself and is now recognized as a modern and scientific approach to build lucrative new businesses and equip them for lasting success. In this book, Ries brings together all the valuable insights he gained from launching and working with several startups himself.
The elementary philosophy presented in the book encourages entrepreneurs to eliminate steps and processes that do not add value to their system or clients. It introduces innovative ideas such as Validated Learning, Iterative Product Releases, Minimum Viable Product, and Continuous Deployment. Besides analyzing the reasons for premature failure of startups, it also examines ways in which new companies can considerably benefit from Validated Learning and cut down on the huge initial investments.
Ries also emphasizes on making companies capital efficient and enabling effective channelization of human creativity. He writes about getting rid of expensive overheads and fancy metrics in order to better focus on intuitively designing and launching products that customers really need. He even points out the importance of identifying and fostering creative business habits that contribute to the success of any business. The book unfolds the ways to entrepreneurial success that lie above and beyond lengthy business plans and boardroom meetings.
First published in the year 2011, The Lean Startup: How Constant Innovation Creates Radically Successful Businesses became a New York Times Bestseller.
About Eric Ries
Eric Ries is an entrepreneur and a business writer from the United States of America.
He is also the author of Black Art Of Java Game Programming.
Born in 1979, Ries went to Yale University where he studied computer science and completed his B.S. He co-founded Catalyst Recruiting while in college. Later, he went on to work with There, Inc. and later started IMVU Inc. Ries was named among the Best Young Entrepreneurs by Bloomberg Businessweek. His articles, blogs and business writings are featured in The Wall Street Journal, CNBC, The New York Times, Forbes, and other reputed publications. He also conducts conferences and workshops in different cities on the Lean Startup philosophy.
|Publisher||Penguin Books Ltd|
|Number of Pages||336 Pages|
|Height||9.21 Inches (US)|
|Width||0.94 Inches (US)|
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May 23, 2015
Worth it! 5 stars!!!
Feb 1, 2015
Goodness level : Interesting
Jun 24, 2014
Very productive advice!
May 9, 2014
Not so great !!!
May 4, 2014
For The Over Confident People
Apr 25, 2012
Introduces some interesting tools, but don't expect concrete answers hereThe book did a good job of introducing certain concepts such as MVP and concepts from Lean Manufacturing. Most of the examples covered in the book are from the software/web startup scene. How the concepts introduced in the book, when applied to certain core engineering fields are any different from existing techniques is still not very clear. The book does not intend to give answers to any critical questions that startups face, just tools they can use. That way, the book has not failed on its promises, but it would have been better if the book had covered atleast a few concrete examples from o… (Expand)
May 4, 2014
For The Over Confident PeopleI guess the first 30 odd pages are more than enough to get Eric's points across strongly. If you are an entrepreneur, do yourself a favour. Buy this and you would regret why you did not come across this book a little earlier.
Apr 10, 2014
lesser quality than other bookspaper quality is bad. cant rough handle like the other books. and i understood the imp of reviiews after buying this book
Jan 10, 2014
Must read before if you like working in a startup.I never understood LEAN before reading this book. It explains clearly why the out-dated water flow model must be replaced by LEAN principles. The flow to be frank is not that great. You might feel a bit dull in between but it will save your time for sure. Also the author explains everything based on examples which is something very interesting. Must read
May 9, 2014
Not so great !!!Very very mundane like a chewing gum which has lost flavour from page 1.
May 23, 2015
Worth it! 5 stars!!!Book looks great! Reached before actual delivery date. Received Bookmark also with this Book... :P
Feb 1, 2015
Goodness level : InterestingA must read for any entrepreneur and for anyone who likes the idea of "innovation". A little bit of extra thinking on the topics of this book can even help you deal with some basic decision making.
Jun 24, 2014
Very productive advice!In this book Eric puts together in a structured format what we collectively know as agile, iterative, lean, extreme or any other non waterfall methodologies. His interpretation of MVP is very apt and helpful. I have used part of the Lean methodology - while working inside a large company. So its not just for Startups - but for any individual or team trying to deliver any kind of product.
Apr 27, 2014
Must Read for EntrepreneursThis is a must read book for every budding entrepreneur especially in the technology field. It is difficult to find a formula which can ensure success of a start-up but principles like Minimum Viable Product(MVP) and Innovation Accounting explained in this book can really help in taking better decisions.
Mar 20, 2014
Nice book if you have or planning startup- Came to know about this book via one of my friend