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Manage uncertainty through validated learning from "summary" of The Lean Startup by Eric Ries
The core idea of the Lean Startup methodology is to manage uncertainty through validated learning. This means constantly testing assumptions and hypotheses about our business to gain insights and make informed decisions. By conducting experiments, we can gather data to validate or invalidate our ideas, allowing us to pivot or persevere based on evidence rather than guesswork. Validated learning involves more than just collecting data – it's about using that data to gain knowledge that leads to actionable insights. This requires a mindset shift from focusing on outputs (such as product features or revenue targets) to outcomes (desired results or goals). By prioritizing learning over success metrics, we can adapt quickly to changing circumstances and increase our chances of success in the long run. ...
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