"The Lean Startup: How Today's Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses", written by Eric Ries teaches how to launch a product successfully by creating an MVP. A Minimal Viable Product gets the product to the market as soon as possible to allow for the fastest changes in the product so it will fit the market even better and sell quicker. If you are debating on launching a product, the methodology of the Lean Startup says to do it now and stop waiting. Too many businesses sell products when they think they are perfect and fail because nobody wants the product anyways. Through continuous innovation and validated learning, you will learn the best method to build and sell your products as an entrepreneur.

After listening to Eric Ries from his book and personal experience, write an overview essay answering the following questions:

1. Summarize the Lean Startup methodology and its applicability systems development.

 

2. Describe how it can be applied to a startup or entrepreneurship?

Answer rating: 100% (QA)

The Lean Startup methodology as outlined by Eric Ries focuses on the concept of creating a Minimal Viable Product MVP and utilizing continuous innovat... View the full answer