Overview:
If you’re interested in learning how startups work and think, either because you are planning to start one, or go to work for one, this book is a great way for you to prepare. Eric Reiss’ book “The Lean Startup” is a revolutionary perspective to help companies large and small. His credibility comes from being a successful entrepreneur and one of the founders of the video game company IMVU, and is an advisor to many startups in his consulting practice. He defines a startup as any organization focused on creating something new under extreme uncertainty.
Here is what the book was about:
The book redefines what a startup actually is; not just for companies in silicon valley but also teams within larger organizations that are building something new under extreme uncertainty. Another key topic of the book is around what it really takes to be a successful startup. Eric’s view is that the true keys to success are not to be brilliant, have a great, idea, and good timing but rather execution. By following the “build, measure, learn” feedback loop over a shorter product release cycle, you will gain empirical evidence and validated learning earlier and less expensively than planning a product launch over a longer period of time. He also offers guidance and insights into pivoting out of a business into a different one.
Rating: (1 to 5)
I rated this book a 4 out of 5 because of its New York time best seller, / Wall Street Journal pedigree, unique perspective on business success, and that it provided concepts to shape my views on business. The book could have been more engaging had it offered more relatable examples and case studies.
Other Thoughts on The Book
The lean startup is more than just a book, it is a movement with a strong following of supporters. More information can be found on http://theleanstartup.com/
Link to book