Lean Startup

The Lean Startup is a methodology for developing businesses and products that emphasizes rapid experimentation, validated learning, and iterative product releases to shorten product development cycles and quickly determine if a proposed business model is viable. Coined by Eric Ries, this approach advocates for minimizing waste by focusing on creating a Minimum Viable Product (MVP) and then testing it with real customers. The core principle is "build-measure-learn," where entrepreneurs continuously test their assumptions, measure the results, and adapt their strategies based on concrete evidence rather than extensive upfront planning.