The lean startup & NPDP slide 0

The lean startup & NPDP

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The Lean Startup New Product Development Process

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  • 1.The Lean Startup & New Product Development Process Nov. 2nd, 2013 Herbert

2. "Starting a company is like throwing yourself off the cliff and assembling an airplane on the way down" - By Reid Hoffman (Founder, Linkedin)2 3. 3 4. State of Startups High burn rate Swing for the fences Full management teams Assume customer is known Assume features are know Assume growth is by executionTraditional startups are fighting yesterdays war 4 5. 5 6. 6 7. / 7 8. 8 9. 9 10. iPhoneiPad 3G kikgoogle voice facetime 1.021.0 1.0 KiK10 11. (value hypothesis) (growth hypothesis) (concierge minimum viable product) 11 12. Winning is about Agility Observe Orient Decide Act ObserveActAgilityOrientDecide12 13. = Why? High burn rate 13 14. 2.0 2.0 2.0 2.0 14 15. Build Measure Learn 15 16. / /16 17. Minimum Viable Product (MVP) 17 18. 3.0 3.0 3.03.0 QQ 2,000 18 19. where there's a will there's a way19 20. 20 21. 4.0 - - - - - 21 22. 22 23. 5.0 23 24. The Lead Startup The Lead Startup24 25. The Lean Startup The Lean Startup 25 26. The Lean Startup The Lean Startup 26 27. The Lean Startup The Lean Startup 27 28. The Lean Startup The Lean Startup 28 29. Thank You! Herbert Fan29