Saturday 28 September 2013

1:- The lean Startup is not just about How to create a more Successful "Entrepreneurial Business",but it is about What we can learn from those Business to improve Virtually Everything we Do.
2:- Startup Success is not a Consequence of a good Genes or being in the Right place at the Right time. it can be Engineered by following the Right Process.
3:- Untill we could figure out how to sell and make the Products it wasn't worth spending any Engineering time on it.
4:- As said in Lean Manufacturing Learning where and when to invest Energy Results in Saving Time and Money.
5:- For Startup the role of Strategy is to Help figure out the right Questions to ask.
6:- Successful Entrepreneur had the for sight the ability and the tools to discover which parts of their plans were working brilliantly and which were misquided and adapt their strategies accordingly.
7:- The first step in Fundamentally a new product or service to figure out if it is fundamentally value creating or value destroying.
8:- Successful Pivot puts us on a path towards growing a Sustainable Business.
9:- Startup need Organizational Structures that combat the extreme Uncertainty that is a startup Chief Enemy.
10:- Working in Small Batches ensures that a Startup can minimize the Expenditure of time money and effort that ultimately turns out to have been waste.




Startup And Entrepreneurship:-

 1:-Successful Entrepreneurs do not give up at the Sign of Trouble nor do they persevere the plane right into the ground.Instead they possess a unique combination of perserverance and flexibility.
2:- Entrepreneures need to gather about customers markets suppliers and channels exist only outside the building. startup need extensive contact with potential customers to understand them, So get out of your chair and get to know them.
3:-The role of growth depends primerly on three things, the priority of each Customers, the cost of aquiring new customers, and the repeat purchage rate of existing customers.
4:- Startup Productivity is not about cranking out more widgets or features. it is about aligning our effort with a business and product that are working to create value and drive growth.
5:- Once you understand which activities create value and which are a form of waste you can began using Lean Technology to drive out and increase the efficiency of the value creating activities.