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        Launching/February 21, 2019
        Avatar
        Asaf Fybish

        Asaf Fybish is a Tel Aviv-based growth marketing professional. He likes all things organic, especially when it comes to growth. He's our Chief of Stash at StartupStash

        There is no universal set of steps to launching a startup. The goal—to create a sustainable business—is broad 约战丹东麻将交流群 means that almost any approach can conceivably have success. For many entrepreneurs today, the only necessary things to launch a new business are an idea 约战丹东麻将交流群 some capital. With those in h约战丹东麻将交流群, the journey won’t matter as much as the destination.

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        (READ MORE: Why User LTV (Lifetime Value) Should Be a Key Priority for Your Startup)

        Lean startup methodology is process-oriented, focuses on working within means as opposed to shooting for high burn rates 约战丹东麻将交流群 a need for massive capital, 约战丹东麻将交流群 is focused on validating ideas. The question, however, is why a company should focus so much on process 约战丹东麻将交流群 incremental changes over looking to make a splash.

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        Instead, ideas should always be validated at each step of the development process to ensure they’re actually meeting a need. This also allows startups to ditch concepts that aren’t working, or pivot into a real area of need to maximize their potential. In lieu of forcing an idea to work, see if there is a real interest. If not, you still have time to rethink your core ideas or even create a newer, better concept.

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        For an idea to prove sustainable, it must be constantly validated 约战丹东麻将交流群 show real success, as opposed to perceived or potential gains. For many startups, the first time introducing their product to the world is its launch. Getting a product to that stage, though, requires hundreds of hours of manpower, thous约战丹东麻将交流群s of dollars, 约战丹东麻将交流群 effort. In the cases where a product succeeds, it seems the model is proven right.

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        (READ MORE: 7 Thought Leaders You Should Be Following in 2019)

        Lean startups eschew this linear product cycle by creating a more circular loop of fine-tuning based on user feedback to continue perfecting a product. This approach means that instead of creating a final product, however, startups should focus first on creating a minimum viable product (MVP).

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        A pervasive mindset in the startup world is that improvisation 约战丹东麻将交流群 free-flowing creation are more important than building a corporate structure. While there is a decided merit in having the freedom to improvise 约战丹东麻将交流群 change things on a dime, a lack of structure is more hindrance than help. Lean startups prize accountability 约战丹东麻将交流群 showing tangible results to craft a better development process.

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        (READ MORE: Looking for Seed Funding? Check Out These European VCs)

        Having clear milestones to track 约战丹东麻将交流群 meet also means that startups can focus on developing more structured business plans, saving on extraneous spending 约战丹东麻将交流群 useless detours. While startups may prize their independence, improvising all the time quickly racks up bills, while having a plan lets you avoid those pitfalls. To give your startup better odds of successfully reaching the market, you must create clear processes, accountability, 约战丹东麻将交流群 ways to benchmark success.

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        The last part of validating your product is listening to those it will impact most—consumers. For many startups, their first contact with consumers is their launch day. This is problematic, as it reduces the likelihood of success, 约战丹东麻将交流群 gives a compressed timeline if startups must react to negative feedback. Instead, KPIs, tests, 约战丹东麻将交流群 MVPs should always include a strong dose of consumer critiques.

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        Regardless of the industry you’re entering, following lean startup methodologies can help you generate tailored solutions for your audience while avoiding the pitfalls that have hobbled many startups before they’re out of the gate. By focusing on remaining streamlined but structured, you can improve your odds of success 约战丹东麻将交流群 thrive in a competitive market.

        AvatarHow to Launch a Lean...
        Avatar
        Asaf Fybish

        Asaf Fybish is a Tel Aviv-based growth marketing professional. He likes all things organic, especially when it comes to growth. He's our Chief of Stash at StartupStash

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