How to conduct experiments in the validated learning process

Validated learning process - experiment

The validated learning (VL) process is one of the pillars of the lean startup movement, initiated by Eric Ries. This process, based on the customer validation concept developed by Steve Blank, is derived from the lean manufacturing philosophy. Its framework is based on the assumption that we need to first validate our basic ideas with […]

3 ingredients of an effective business plan

Business plan feature

Approximately 543,000 new businesses get started each month. Eight out of ten of them will fail within the first 18 months. Faced with these numbers which show that the possibility of failure is extremely high, preparing oneself for the challenges of new business and the continuous monitoring of its progress is an absolute necessity. The […]

3 lessons learned when developing a new product with the Minimum Viable Product

Lesson learned from the MVP building

We released the Goals Module in our application suite no more than four weeks ago, and in this time almost 460 goals have been created by our users. This is great news, because it means that the few months that we spent working on the first release was definitely time well spent. The first release of Goals […]

Many faces of Minimum Viable Product. Which type of MVP is best for you?

Minimum Viable Product - MVP Leanstartup

Minimum Viable Product has become one of the ‘should-know’ terms in the startup and product development community. Moreover, it is becoming more and more popular among not only so-called “garage startups” but also among large enterprise organizations, which adapt and use various ideas from the agile and lean movement. Interestingly, despite the fact that “everyone” is familiar […]