a lean starup
I saw Eric Ries on Bloomberg west, a program that I try to catchup often. He was introduced on the program as author of the new book “lean Startup”. I thought what a cliché. Lean starup; aren’t startup normally supposed to be lean. My impression of startup is a person or group of person working on tight budget. They build a car that looks like Ferrari acts like one but does take fraction of it’s cost. So whats new. But when I heard some of his observations, I thought I would like to read his book in near future ..
1 “Entrepreneurship is a management discipline that deals with uncertainly (in doing business) and it’s outcomes.” – I have heard few better observations on Entrepreneurship as a management science and a business school discipline.
2. Pivoting is changing the strategy without changing the business vision. Learnt something about Pivoting (I guess its another buzzword in the Silicon Valley). But more importantly a directional shift that a startup makes and a rule the startup should religiously follow (in my opinion).
This two observations along with his observation of making the feedback loop efficient between strategy and customer are compelling me to get the book and read it.
More soon – when i get to read the book.
