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SHIV DIXIT

CHAIRMAN - BITE INDU...ย โ€ขย 7m

๐Ÿ“– DAILY BOOK SUMMARIES ๐Ÿ“– ๐Ÿš€ 12 Lessons from ๐Ÿ‘ ๐Ÿ”ฅ The Lean Startup ๐Ÿ”ฅ By Eric Ries ๐Ÿ’ฏ 1. Build-Measure-Learn Feedback Loop โ€ข Build: Start with an idea, create a Minimum Viable Product to test it โ€ข Measure: Collect data from users to under

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Anonymous

Anonymous

Hey I am on Medialย โ€ขย 7m

๐Ÿš€ Remaining summary and download link ๐Ÿ‘‰ 11. Entrepreneurship as Management โ€ข A startup requires a different type of management focused on experimentation, flexibility, and adaptability โ€ข Founders and startup leaders must embrace uncertainty and constantly adjust strategies based on feedback 12. Five Whys โ€ข A technique to identify the root cause of a problem by asking "Why?" five times. โ€ข Helps to prevent superficial fixes and encourages a deeper understanding of underlying issues. ๐Ÿ‘Š Key Takeaways : - 1=} Experiment quickly and cheaply: Build MVPs, get feedback, and iterate fast to avoid wasting resources 2=} Learn from real customers: Data and feedback from customers are more valuable than traditional market research or business plans. 3=} Pivot if necessary: Donโ€™t be afraid to change direction when something isnโ€™t working 4=} Focus on learning: Treat each step as an opportunity to learn about your product, customers, and market

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