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The Lean Startup

From Wikipedia, the free encyclopedia

This article is about the book. For the concept, see Lean startup.
The Lean Startup
The Lean Startup" by Eric Ries – A 2011 guide to innovative entrepreneurship.
AuthorEric Ries
LanguageEnglish
GenreBusiness, non-fiction, Entrepreneurship
PublisherCrown Business (USA)
Publication date
2011 (USA)
Publication placeUnited States
Media typePrint (hardcover)
Pages336 p. (US hardcover edition)
ISBN0307887898
OCLC770494142

The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses is a 2011 book by American entrepreneur Eric Ries outlining his lean startup methodology for developing businesses and products.[1]

Ries proposes that startups can shorten their product development cycles by using "just-in-time scalability," which involves releasing a minimum viable product (MVP) and refining it based on customer feedback.[2]

Ries developed the lean startup methodology from his experiences as a startup advisor, employee, and founder.[3][4] Ries has said that the failure of his first startup, Catalyst Recruiting, was due to an insufficient understanding of the target market and excessive focus on a single product vision.[5][6][7]

He later worked at There, Inc., a virtual world platform.[5][6] In both cases, Ries identified a mismatch between product development efforts and customer needs, which informed his later work on the startup process.[1]

The methodology draws from principles of lean manufacturing and agile development. It emphasizes experimentation, customer feedback, and iterative design over detailed planning and intuition.[8][9]

Companies cited in the book include Alphabet Energy of California, Dropbox, Wealthfront,[10] and General Electric (GE).[11]

Reception

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According to the publisher, The Lean Startup has sold over one million copies and has been translated into more than thirty languages.[12] It also appeared on The New York Times Best Sellers list.[13]

Ethan Mollick, an associate professor at the Wharton School of Business, has raised concerns about the book's emphasis on engaging with customers as soon as possible, arguing that, regarding new technologies, customers often do not know what they want. Mollick also criticized the business model canvas, claiming that it overlooks a key question for startups: "What is your hypothesis about the world based on your unique knowledge and beliefs?" However, he supported the method’s emphasis on rapid experimentation and feedback.[14]

References

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  1. ^ a b Roush, Wade. Eric Ries, the Face of the Lean Startup Movement, on How a Once-Insane Idea Went Mainstream. Xconomy. July 6, 2011.
  2. ^ Patel, Mitul (April 16, 2020). "Book Review: The Lean Startup by Eric Ries". The Bookish Elf. Retrieved June 7, 2023.
  3. ^ Lohr, Steve. The Rise of the Fleet-Footed Start-Up. The New York Times. April 24, 2010.
  4. ^ Solon, Olivia. Interview: Eric Ries, Author Of The Lean Startup. Wired. January 17, 2012.
  5. ^ a b Loizos, Connie. “Lean Startup” evangelist Eric Ries is just getting started. Reuters. May 26, 2011.
  6. ^ a b Venture Capital: Eric Ries, author of "The Lean Startup". YouTube. November 21, 2009.
  7. ^ [https://livres-startup.fr/the-lean-startup.html Lean Startup: Adoptez l'innovation continue ]. Livres Startups. December 22, 2022.
  8. ^ "Book Review: The Lean Startup | Masood Entrepreneurship Centre | The University of Manchester". Masood Entrepreneurship Centre. Retrieved June 19, 2024.
  9. ^ "Understanding Lean Startup Methodology". Tech Empat. February 20, 2023. Retrieved June 19, 2024.
  10. ^ "The Lean Startup | Case Studies". theleanstartup.com. Archived from the original on January 16, 2018. Retrieved January 5, 2018.
  11. ^ "General Electric Wants to Act Like a Startup". Bloomberg.com. August 8, 2014. Archived from the original on March 15, 2016. Retrieved January 5, 2018.
  12. ^ Ries, Eric (October 17, 2017). The Startup Way: How Modern Companies Use Entrepreneurial Management to Transform Culture and Drive Long-Term Growth (Unabridged ed.). Random House Audio. ISBN 9780147523303.
  13. ^ "Hardcover Advice & Misc. Books – Best Sellers – October 2, 2011 – The New York Times". The New York Times. Archived from the original on January 27, 2017. Retrieved January 5, 2018.
  14. ^ "What the Lean Startup Method Gets Right and Wrong". Harvard Business Review. October 21, 2019. ISSN 0017-8012. Retrieved December 14, 2024.
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