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Validate assumptions through rapid experimentation from "summary" of The Lean Startup by Eric Ries
The concept of validating assumptions through rapid experimentation is at the core of the Lean Startup methodology. Instead of relying on guesswork or intuition, entrepreneurs are encouraged to develop hypotheses about their business ideas and quickly test them in the real world. By conducting small-scale experiments and gathering data, they can validate or invalidate their assumptions and make informed decisions based on actual evidence. Rapid experimentation involves creating a Minimum Viable Product (MVP) - a basic version of the product or service that allows the team to test key assumptions with real customers. This iter...Similar Posts
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