Lean Startup Principles

  1. Validated Learning: Build products based on real customer feedback and data.
  2. Build-Measure-Learn: Develop in short cycles, continuously measuring results and learning from them.
  3. Minimum Viable Product (MVP): Create a basic version of the product to test assumptions and gather feedback quickly.
  4. Pivot or Persevere: Use feedback to decide whether to make fundamental changes (pivot) or continue on the current path (persevere).
  5. Innovation Accounting: Track progress using metrics that matter for startups, focusing on actionable, auditable, and accessible data.