Eric Ries - The Lean Startup Notes
My personal notes from The Lean Startup by Eric Ries
- Identify where you've made assumptions instead of using facts. Make your assumptions facts by getting customer feedback
- Early adopters are suspicious of something with too much polish.
- If it's ready for everyone to adopt how much advantage can they get?
- Additional features or polish added is a waste
- When in doubt simplify.
- Any additional work beyond what was required to get feedback is a waste
- Customers don't care how much time something takes to build they care that it solves their needs
- Everyone thinks their recent innovation is why the numbers went up. It's everyone else's fault when numbers go down.
- Toyota Andon Cord
- Defective change is removed immediately and automatically
- Everyone on the relevant team is notified of the problem
- Team is blocked from introducing any new changes
- Root cause analysis performed
- Dealerships sometimes have just in case inventory which cost a lot of money to keep stock on hand that we never be needed switch to just-in-time inventory and only have a one what you need
- Use 5 why's? to answer questions
- “We didn't do x”, “Why didn't you do x?”
- “We didn't do x because of y”, “Why didn't you do y?”
- LTSE long term stock exchange