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Anansh Verma

Have patience, it's ... • 25d

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 Build a minimum viable product (MVP) to gather real data, test assumptions, and refine your product based on actual user feedback. 3. Build-Measure-Learn Follow a continuous cycle: build a product, measure its impact, and learn from the results to make improvements quickly. 4. Innovation Accounting Focus on actionable metrics that measure progress and drive decisions, rather than vanity metrics that don’t reflect real growth. 5. Pivot or Persevere Regularly assess whether to stay on your current path or pivot based on data. Flexibility is key to long-term success.

0 replies4 likes

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