To put it in a few words,

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it is the cycle to transform an idea into a product, measure the reaction to it, and decide if it is a good idea, that must remain, or a bad idea, that must be discarded. The cycle generates innovation, as the quick iteration allows teams to identify a viable way to adjust the product, in order to optimize and improve the business model towards success. Differences between the Lean Startup and the traditional business planlean canvas templateStrategy Lean Startup is based on hypotheses and utilizes a canvas to be designed.


Traditional is based on implementation and utilizes buy venezuela whatsapp database a business plan. Speed Lean Startup seeks to be quick and uses data that are enough for action. Traditional operates slowly and only with complete data for action. Product development Lean Startup experiments hypotheses on the market and gets feedback from customers during the process. Traditional prepares the whole product for the market in a very linear plan. Failure Lean Startup pivots, offering new possibilities, features, and products.


Traditional abandons the project and, sometimes, fires teams or executives. Lean Startup Benefits More productivity. By focusing on what really matters, the company’s development will happen quickly and directly. Thus, productivity grows while saving money and time. Cost reduction. When waste is eliminated, costs are reduced. Because you can remove steps that don’t contribute to sustainable development, thus avoiding expenses and increasing profit. Greater proximity to customers. When the build-measure-learn cycle is well applied, customer needs and expectations will be better known.