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How to Implement Lean Startup?
To implement the lean startup methodology, follow these steps:
1.
Identify Assumptions:
Start by listing all the assumptions you have about your business model, market, and product.
2.
Create an MVP:
Develop a minimum viable product to test these assumptions with real customers.
3.
Measure Results:
Use metrics and customer feedback to assess the MVP's performance.
4.
Learn and Pivot:
Analyze the data to validate or invalidate your assumptions. Be prepared to pivot if necessary.
5.
Iterate:
Repeat the build-measure-learn cycle until you have a product that meets market needs.
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