What are some examples of lean startup success stories?
Some notable examples include Dropbox, Airbnb, and Zappos. They all started with a minimal viable product.
How did Dropbox apply lean startup principles?
Dropbox used a simple video to demonstrate their product, which helped validate demand before building the full product.
What about Airbnb? How did they start?
Airbnb began by renting out air mattresses in their apartment to test the market, which led to their current platform.
Can you explain the concept of a minimal viable product?
A minimal viable product (MVP) is the simplest version of a product that can be released to test a business idea with real users.
What are some common mistakes to avoid in lean startups?
Common mistakes include building too much too soon, ignoring customer feedback, and not validating assumptions early.
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