HypothesisDriven Entrepreneurship The Lean Startup Note Thomas R Eisenmann Eric Ries Sarah Dillard 2011
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Financial Analysis: 1) Estimated Sales/Revenue: Calculate the projected annual sales/revenue based on the company’s assumptions about: – Demand from the target market (number of customers, average sale price, and customer lifetime value). – Cost per customer. – Sales cycle time (days). – Distribution and logistics costs (shipment rates, trucking fees, and storage fees). – Marketing and sales expenses (creative costs, direct costs, and overhead). 2) Re
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In 2005, Harvard Business School’s David Kelley and Clayton Christensen published their book, The Innovator’s Dilemma. The book argued that “disruptive innovation” (invention that changes the industry in which it’s used) was more important than “disruptive threat” (invention that changes the industry in a different way). What the book doesn’t say is that in most cases, disruptive innovation and disruptive threat are actually the same thing. The only difference is that disrupt
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“It’s never been so simple to do a thing.” This line is an example of a creative sentence from the book “HypothesisDriven Entrepreneurship The Lean Startup Note by Thomas R Eisenmann, Eric Ries, and Sarah Dillard.” The sentence describes a hypothetical scenario in which a new idea becomes an innovative product. A “lean start” involves defining the problem as well as the solution, building a prototype, and testing it. Section: Definition Of Lean Startup Definition of “
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Title: HypothesisDriven Entrepreneurship The Lean Startup Note Thomas R Eisenmann Eric Ries Sarah Dillard 2011 In the beginning, let me state my main purpose for writing this report: As a long-time entrepreneur, I believe in an entrepreneurial mindset, which consists of three principles, i.e. Patience, Perseverance, and Prodding. This is a report, and my purpose is to share with you the core concepts
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1. HypothesisDriven Entrepreneurship The Lean Startup 2. Going Here The Lean Startup 3. Sources: Thomas R. Eisenmann 4. Eric Ries 5. Sarah Dillard The Lean Startup (LaS) is an idea that grew out of the Lean Startup movement, a process for innovating quickly in order to build businesses while minimizing the time and cost of getting to market. The Lean Startup is a framework based on
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As an engineer I’m often asked “why?” or “how?” by customers, employees or analysts. “Why can’t you just tell me what we’re doing? Why is it that way?” This is a tough question to answer, but I try to give them what I see as a good, actionable answer. For example, with the startup I founded, I wanted to build something that would fundamentally change the way the world works. In 2010, we started developing this, a prototype that we believed could disrupt a large
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