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Thread: Lean Startups

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    #1

    Lean Startups

    Hello ..

    I want to ask about the title of a book called ( Lean Startups ) does it mean

    weak business or weak project ?

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    #2

    Re: Lean Startups

    Quote Originally Posted by Gillnetter View Post
    A business that is being started with very little money.
    Thank you so so much.

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    #3

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    #4

    Re: Lean Startups

    Eric Ries defines a startup as an organization dedicated to creating something new under conditions of extreme uncertainty


    which one is accurate ? starting business with little money or the explanation above ?

    I need to know it as a concept .

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    #5

    Re: Lean Startups

    To me, a startup is simply a new company, especially one looking for finance. As startups are usually looking for financial backing, there is an element of uncertainty. As you can see from the article above, there are differences in the definition- with some adding a fourth element. If something is lean, it has no or little fat, so a lean startup suggests no waste and a flexibility because of that to me. It responds quickly and changes to meet needs.

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    #6

    Re: Lean Startups

    I agree with Tdol. A "startup" is any new company, starting from scratch (from the very beginning) and gives no indication of how much money is involved. A "lean startup", however, is a brand new company which has been started with very little capital.

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