Lean Startup

The Lean Startup methodology is a approach to developing businesses and products that emphasizes rapid iteration, validated learning, and a strong focus on customer feedback. Developed by Eric Ries, this methodology challenges traditional product development models by encouraging entrepreneurs to build minimum viable products (MVPs) quickly and test their hypotheses through continuous experimentation. By doing so, startups can avoid wasting resources on ideas that do not resonate with customers. The Lean Startup approach consists of three core principles: build, measure, and learn. This cycle ensures that startups can quickly pivot or persevere based on real-world data, ultimately increasing their chances of success. The methodology’s emphasis on agility and customer-centric development has made it a popular framework in the startup ecosystem.