Measure progress based on validated learning from "summary" of The Lean Entrepreneur by Brant Cooper,Patrick Vlaskovits
The core principle of Lean Startup is to measure progress based on validated learning. Instead of focusing solely on output metrics like revenue or number of customers, the emphasis is on learning what works and what doesn't through a series of small experiments. By testing assumptions and hypotheses, entrepreneurs can gather data to validate their ideas and make informed decisions. Validated learning involves creating a feedback loop where entrepreneurs can quickly test their assumptions, gather data, and adjust their strategies accordingly. This iterative process allows for continuous improvement and ensures that resources are not wasted on ideas that do not resonate with customers. By prioritizing learning over growth, entrepreneurs can build a more sustainable busin...
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