The Magic Bike Company

The Lean Startup

One of Taiich Ohno's Ten precepts to thinking and acting to win.

Do anything immediately. Starting something right now is the only way to win.
The Lean startup is a new way of looking at the development of innovative new products that emphasizes fast iteration and customer insight. I was having coffee with the CEO of a new startup, listening to her puzzle through how to communicate to potential customers. She was an academic on leave from Stanford now selling SAAS software to large companies, but was being inundated with marketing communications advice. “My engineers say our website is old school, and we need to be on Facebook, Twitter and Instagram, my VP of Sales says we’re wasting our marketing dollars not targeting the right people and my board keeps giving me their opinions of how we should describe our product and company. How do I sort out what to do?”

How about an experiment...

 

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