Back

SHIV DIXIT

CHAIRMAN - BITEX IND...ย โ€ขย 6m

๐Ÿ“– DAILY BOOK SUMMARIES ๐Ÿ“– ๐Ÿ”— DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE โ€” https://drive.google.com/file/d/1dEsDDyDbr9iqRPwk-SrVu9ltfMjYKTVM/view?usp=drivesdk ๐Ÿ”ฅ The Lean Product Playbook ๐Ÿ”ฅ ๐Ÿš€ 20 Lessons ๐Ÿ‘‰ โœจ Dan Olsen โœจ 1. Lean Product Development โ€ข A process to create products that meet customer needs with minimal resources and time. 2. Customer Needs โ€ข Focus on solving real customer problems by understanding their needs deeply. 3. Product-Market Fit โ€ข Achieving a match between product features and customer needs is essential for success. 4. Build-Measure-Learn โ€ข The iterative process to build prototypes, test with customers, and refine based on feedback. 5. Product Strategy โ€ข Define a clear vision and strategy that aligns with customer needs and business goals. 6. Target Customer โ€ข Identify and segment the right target audience for your product. 7. Customer Personas โ€ข Use personas to represent the characteristics, behaviors, and goals of your target customers. 8. Product Vision โ€ข Create a compelling vision that guides product development and motivates the team. 9. MVP (Minimum Viable Product) โ€ข Develop a simple version of the product to test core assumptions and validate the idea. 10. Customer Discovery โ€ข Engage directly with potential customers to identify their pain points and needs. 11. Customer Validation โ€ข Test product hypotheses by gathering feedback from actual customers to validate your solution. 12. Feature Prioritization โ€ข Prioritize features based on customer value, business impact, and ease of implementation. 13. Prototyping โ€ข Use prototypes to quickly test ideas and gather feedback before building the final product. 14. Lean Metrics โ€ข Track key metrics such as customer acquisition, retention, and satisfaction to guide decisions. 15. Testing Assumptions โ€ข Continuously test assumptions about the market, customers, and the product. 16. Pivot or Persevere โ€ข Based on feedback, decide whether to pivot (change direction) or persevere (keep iterating). 17. Cross-functional Collaboration โ€ข Involve all team members (design, development, marketing) early in the product development process. 18. Continuous Learning โ€ข Foster a culture of learning where the team adapts and improves based on real-world feedback. 19. Go-to-Market Strategy โ€ข Develop a strategy for how to launch and scale the product in the market effectively. 20. Scaling the Product โ€ข Once product-market fit is achieved, focus on scaling the product to reach more customers.

0 replies14 likes
12

More like this

Recommendations from Medial

SHIV DIXIT

CHAIRMAN - BITEX IND...ย โ€ขย 6m

๐Ÿ“– DAILY BOOK SUMMARIES ๐Ÿ“– ๐Ÿ”— DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE โ€” https://drive.google.com/file/d/1ZoboLcJfmLp8L8wf5WQCAQqTIzpvnByD/view?usp=drivesdk ๐Ÿ”ฅ The Four Steps to the Epiphany ๐Ÿ”ฅ ๐Ÿš€ 20 Lessons By ๐Ÿ‘‰ โœจ Steve Blank โœจ 1. Custom

See More
0 replies15 likes
17
Image Description
Image Description

SHIV DIXIT

CHAIRMAN - BITEX IND...ย โ€ขย 8m

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

See More
5 replies14 likes
9
Image Description
Image Description

SHIV DIXIT

CHAIRMAN - BITEX IND...ย โ€ขย 8m

๐Ÿ“– DAILY BOOK SUMMARIES ๐Ÿ“– ๐Ÿš€ 15 Lessons from ๐Ÿ‘‰ ๐Ÿ”ฅ The startup Owner's Manual ๐Ÿ”ฅ By Steve Blank and Bob Dorf ๐Ÿ’ฏ 1. Customer Development Model โ€ข Discovery: Identify the problem your product will solve. Engage potential customers early to vali

See More
3 replies35 likes
46

Riyaz Saleem

Growth Marketing Hea...ย โ€ขย 16d

Donโ€™t rush into building a marketing team before structuring your strategy. As an entrepreneur, start by consulting marketers whoโ€™ve already delivered results in your niche. Understand the market, define positioning, pricing, and identify leaks in y

See More
0 replies5 likes
1
Image Description
Image Description

C Karunakar

Start, Build, Scaleย โ€ขย 5m

Understanding Value Creation and Customer Needs 1. What is Value Creation? Definition: In business, value creation means providing products or services that solve a problem, fulfill a need, or deliver a benefit to your customers. Key Question: How

See More
3 replies8 likes
Image Description
Image Description

vishakha Jangir

ย โ€ขย 

Set2Scoreย โ€ขย 6m

๐—ฅ๐—ฒ๐—ฝ๐—ฒ๐—ฎ๐˜ ๐—ฐ๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ฒ๐—ฟ๐˜€ : If you have repeat customers for a particular product, itโ€™s a sign that your product is meeting their needs. Take time to analyze what customers like about this product so that you can apply the same approach to o

See More
6 replies18 likes
2
Image Description

Professor Bohm

"Built. Sold. Repeat...ย โ€ขย 1m

"The Clear Roadmap for How to Start a Startup." โ€ขIdentify a Problem: Find a real-world problem or unmet need to solve. โ€ขValidate the Idea: Conduct market research and gather feedback from potential customers. โ€ขCreate a Business Plan: Outline your

See More
1 replies4 likes

Thakur Ambuj Singh

๐Ÿš€ Entrepreneur | Re...ย โ€ขย 1m

๐Ÿ›’ Understanding Customer Needs: Gains, Pains & Risks A customer profile includes three key elements: โœ… Gains โ€“ The benefits customers seek from a product. โš ๏ธ Pains โ€“ The discomforts they want to eliminate. ๐Ÿ” Risks โ€“ The uncertainties they try to

See More
0 replies3 likes
2

SHIV DIXIT

CHAIRMAN - BITEX IND...ย โ€ขย 1y

Strategy For Startup Growth - 3 3Rd part of 4C strategy and read my previous post for better understanding of 4C strategy and implement this now otherwise you never become ceo . 3. Convenience โ€” Is Your Customers Feel Comfortable with your prod

See More
0 replies6 likes
4

Anansh Verma

Have patience, it's ...ย โ€ขย 1m

5 Key Principles of The Lean Startup given by Eric Ries: 1. Entrepreneurs Are Everywhere Innovation can happen in any environment, not just startups. Anyone solving a problem with limited resources can adopt a lean mindset. 2. Validated Learning

See More
0 replies4 likes

Download the medial app to read full posts, comements and news.