Key Learnings from "The Lean Startup"
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sydneyverifiedco-creator of Commaful
Autoplay OFF  •  2 years ago
Some of the key points from one of the bibles of startups. You can get the book here:

http://www.amazon.com/dp/...

Key Learnings from "The Lean Startup"

Build -> Measure -> Learn

The Key Feedback Loop for Startups

Failing is necessary for learning and improving the loop

Planning and forecasting are not up to the task.

These are the ways of old management.

The Lean Startup IS:

the application of lean thinking to the process of innovation

The Thing to Build is:

The thing customers want and will pay for. Build it as quickly as possible

Often times, decisions are necessary:

Pivot (turn from current path) or continue down the line. You want to find the path that will lead you to success

You need to make constant adjustments

Using the build -> measure-> learn framework

Use a minimum viable product

To establish where the company is right now and test your value.

Waiting to long to release can lead to the ultimate waste

You may build something that nobody wants

The faster you can learn from customers the better

The goal is to figure out the right things to build

Which is what the customers want and will pay for. You want to do this as quickly as possible. As soon as you figure this out, You are on the right path.

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sydneyVerifiedco-creator of Commaful
2 years ago
Why don't we read from the actual source?

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sydneyVerifiedco-creator of Commaful
a year agoReply
Thanks @BradyOriginal :) More books coming! any requests?

BradyI am one that thinks. 🙏
a year agoReply
Great read @Sydney

sydneyVerifiedco-creator of Commaful
2 years agoReply
@sanemavcil any books on your reading list?

2 years agoReply
@sydney I like this one ;)

sydneyVerifiedco-creator of Commaful
2 years agoReply
@dan we live in East Palo Alto now so not too far away :) Anything interesting happening on campus that could be cool for Pencil coverage ?

2 years agoReply
@sydney Yea! One more quarter left to go. Trying to take lots of diverse classes. I took a creative fiction class last quarter, which is where I found that book. Let me know next time you're coming by campus! Stoked for @nireyal's post!!

sydneyVerifiedco-creator of Commaful
2 years agoReply
thanks a bunch @dan!! @nireyal's post on Pencil is coming soon actually :) The writing life would be amazing!! Been looking to learn a lot more about writing. Are you still at Stanford?

2 years agoReply
@sydney Here are a few recent reads I enjoyed: - How to Win Friends and Influence People by Dale Carnegie - Hooked by Nir Eyal - The Writing Life by Annie Dillard (advice for aspiring writers, but extremely applicable to entrepreneurs too) <- takes 3hrs to read. I have physical copies of Hooked and The Writing Life that I can lend you.

sydneyVerifiedco-creator of Commaful
2 years agoReply
@lelper Any books you're looking to read? Planning on doing more of these :D

2 years agoReply
Sweet summary! I haven't gotten to read this yet but it's good to have the key points that I keep hearing throughout the startup community all in one place!