5 Principles of Lean Startup

Before discussing the principles of lean startup further, first understand the meaning of lean startup and its objectives and examples in the article entitled "Understanding the Definition of Lean Startup".

The principle of lean startup is to take a scientific approach to setting up and managing startups that have a desire to get products in the hands of customers faster without wasting time. In order to avoid similar mistakes, using the lean startup method is a good choice. However, to be able to implement a lean startup, it is necessary to understand the principles first. Well, here's an explanation of the principles of lean startup:

1. Always Up-to-date

Observe, business people are everywhere. Betul, you need to observe and about today's business market. So you can be more aware with the situation and create simpler, more practical, and targeted business strategies and methods.

2. Good Management Ability

To develop a startup requires a management that is in accordance with the needs of the startup itself. One of the factors that influence the success of a startup is to ensure how well financial management and product marketing strategies are carried out. By having good management skills, the company is able to evaluate each strategy carried out.

3. Continuously Innovate and Evaluate

Startups aren't just here to make products, make money or serve customers. Startups exist to learn how to build a strong and sustainable business. Business development not only needs to be done but must focus on consumer needs and be carried out continuously. Therefore, it is very important to study consumer needs and create products that can meet those needs.

4. Focus on Innovation

In order for a startup business to be strong and sustainable, the ability to innovate in making products according to feedback is a determinant of the success of a startup business. So therefore, It requires an understanding of how to measure progress, how to set the next business step, and how to prioritize certain jobs.

5. Creating the Best Products

Improvise on the product, measure the response or customer feedback and then learn how to change direction or proceed at the right time. How to use data to understand consumers, then the data is used to design products to be sold, after that the prototype is tested on consumers to ensure whether it meets their needs or not.

So, how do you understand the principles of lean startup? not yet? By implementing this lean startup method, the risk of business failure will be minimized, the production process is more efficient, so that it is more flexible to use all types of startup businesses. Therefore, if you are planning to build a startup business, the lean startup method is perfect for trying!

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Disclosure: This article was written by Muhamad Dika Wahyudi