Times change. And so does the approach to how founders approach business ideas. While 20 years ago a comprehensive business plan was the start of many startup projects, today a lot of founders follow the lean startup method. Validating the identified problem and the intended solution at an early stage by means of a minimum viable prototype (MVP) with potential customers makes sense, a lot of sense in fact. The Lean Startup Method is a real asset to the startup scene. I even teach a course on it at my university.
Thinking vs. Doing
Thinking vs. Doing
Thinking vs. Doing
Times change. And so does the approach to how founders approach business ideas. While 20 years ago a comprehensive business plan was the start of many startup projects, today a lot of founders follow the lean startup method. Validating the identified problem and the intended solution at an early stage by means of a minimum viable prototype (MVP) with potential customers makes sense, a lot of sense in fact. The Lean Startup Method is a real asset to the startup scene. I even teach a course on it at my university.