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The Lean Startup by Eric Ries

 

            In Eric Ries' book, "The Lean Startup," Ries breaks down a vision of what a new startup should strive to be. Where Ries' book differs from other books on being an entrepreneur or starting a business he does not have a step by step program. He instead suggests by giving guidelines of a scientific approach to building a business through a process of build, measure, learn. Then through stages of growth and adaptation a company can build a sustainable business. .
             The need to innovate and stay fresh is key in today's market. Ries breaks down how to not only create, but how to manage a startup. It seems like every day there is a new product being shoved down our throats by the various medians we consume, but for every one of those successful products, there are millions laid to rest in the "entrepreneur's cemetery." By using Ries' model you can start a business that can grow and succeed. Throughout my paper I will give a summary of The Lean Startup from beginning to end. I will also discuss a prevalent example of a company that fits the model of the lean startup and talk about how they have succeeded so well by following Ries vision. Finally, I will wrap up with a few of my thoughts about the book and how it may or may not apply to marketing.
             The lean startup is a scientific approach on how to create a startup that gets products into the hands of consumers as quickly as possible. Many companies test the idea ad nauseam and spend too much time and valuable resources trying to perfect the product. The lean startup encourages maximum acceleration with a product or service by minimizing the steps in the process. This benefits a startup by reducing the uncertainty that is ever present in the business world. With the lean startup you shouldn't worry about the public perception because once the general public or typical consumer gets the product, it will have been tested and adapted by the early adopters.


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