Last week, I was invited to deliver a keynote at Intel/McAfee's Lean and Agile conference. It was interesting to discuss Lean Startup ideas with Intel folks and try and understand how some of these ideas relate to a chipmaker company.
2. What is wrong here?
Picture: hCp://www.news.com.au/travel/holiday-‐‑ideas/inside-‐‑china8217s-‐‑ghost-‐‑cities/story-‐‑e6frfqd9-‐‑1226716277487
3. “Build and they will
come” is not a
strategy, it’s a
prayer.
– Steve Blank
10. Problem with traditional
product development model
“In large companies, the mistakes just have
additional zeroes in them” – Steve Blank
From: Running Lean – Ash Maurya, The Startup Owners Manual – Steve Blank
11. A human institution designed to create a new product
or service under conditions of extreme uncertainty.
– Eric Ries
13. What’s Lean Startup?
• Scientific approach to
o build new product development
o create and manage startups
o get products to customers faster
• The Lean Startup methodology has as a premise
that every startup is a grand experiment that
aCempts to answer a question. The question is
not "ʺCan this product be built?"ʺ Instead, the
questions are "ʺShould this product be built?"ʺ and
"ʺCan we build a sustainable business around this
set of products and services?"ʺ
14. Principles of Lean Startup
1. Entrepreneurs are everywhere
2. Entrepreneurship is management
3. Validated Learning
4. Innovation Accounting
5. Build-‐‑Measure-‐‑Learn