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Lean Startup Glossary

This version was saved 4 years, 8 months ago View current version     Page history
Saved by Etienne Garbugli
on July 8, 2019 at 11:55:23 am
 

Added David Cummings's model for assessing product-market fit.

Lean Startup

 

http://theleanstartup.com/principles

 

http://www.deviantbits.com/blog/the-lean-startup-in-a-nutshell-i-foundations.html

 

Minimum Viable Product - 

 

A Minimum Viable Product has just those features that allow the product to be deployed, and no more. The product is typically deployed to a subset of possible customers, such as early adopters that are thought to be more forgiving, more likely to give feedback, and able to grasp a product vision from an early prototype or marketing information. It is a strategy targeted at avoiding building products that customers do not want, that seeks to maximize the information learned about the customer per dollar spent. "The minimum viable product is that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort." The definition's use of the words maximum and minimum means it is decidedly not formulaic. It requires judgment to figure out, for any given context, what MVP makes sense.

 

Business Model Canvas

 

http://en.wikipedia.org/wiki/Business_Model_Canvas

 

http://grasshopperherder.com/business-model-canvas-for-puppies-part-i/ 

 

validated learning -

 

http://en.wikipedia.org/wiki/Validated_learning

 

http://www.startuplessonslearned.com/2009/04/validated-learning-about-customers.html

 

Product/Market Fit -

 

http://www.stanford.edu/class/ee204/ProductMarketFit.html

 

http://www.quora.com/How-do-you-define-Product-Market-Fit

 

http://bestengagingcommunities.com/2012/04/25/what-makes-a-product-fit-a-market-or-how-to-achieve-product-market-fit/

 

https://davidcummings.org/2013/07/04/5-ways-to-identify-product-market-fit/

 

Product Development -

 

http://en.wikipedia.org/wiki/New_product_development

 

Customer Development -

 

http://www.startuplessonslearned.com/2008/11/what-is-customer-development.html

 

 

 

 

 

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