Tag: innovation

Lean Startup uses scientific method on new ideas. So, instead of writing a really long business plan that is filled with assumptions you start by addressing that all you have are these ideas and assumptions but you don’t know anything. Let’s try to formulate our assumptions into falsifiable hypothesis and let’s identify the most critical assumption and test it with real customers. So, you don’t start building. You take the minimum viable product and you try to test different aspects of your business model on real customers and you get real feedback when you’re early in the ideas. You just test with problem interviews, paper or a prototype and get feedback and you can learn from that. In comparison to agile software development, Lean Startup method suggests to deploy the product to production on the first day. You build something straightaway just to test it and tasks don’t come from uses stories but they come from experiment.

An interview with Tendayi Viki by Kornelia Trzęsowska Do you agree with Steve Jobs that it’s more fun to be a pirate than to join a navy? You refer to his words in the title of your newest book. I don’t think it’s more fun to be a pirate than to join the navy. Pirates are often in danger of dying. Steve Jobs was talking about how startups are faster than already set up companies – they move quicker than any large company. But what we’re learning these days is that large companies often become innovative, maybe surprisingly. The cool thing about large companies is that they have something that startups don’t have – they already have a brand, access to markets, customers, vast resources and other assets. Sometimes startups are really small and they need to find all these things by themselves. As long as large companies create the right environment for innovation, I really believe that it’s better to be a pirate in the navy than to be a pirate outside the navy, because you have a greater chance of success.