Podcast
Questions and Answers
What percentage of start-ups fail when following the traditional approach?
What percentage of start-ups fail when following the traditional approach?
- 50%
- 75% (correct)
- 90%
- 25%
What is a key characteristic of Lean Start-Ups in terms of planning?
What is a key characteristic of Lean Start-Ups in terms of planning?
- Both a and b are equally important
- Elaborate planning
- Experimentation over planning (correct)
- No planning at all
What is the purpose of a minimum viable product?
What is the purpose of a minimum viable product?
- To get early feedback and revise (correct)
- To create a perfect product
- To impress investors
- To make a profit
What is 'pivoting' in the context of Lean Start-Ups?
What is 'pivoting' in the context of Lean Start-Ups?
What alternative sources of funding might Lean Start-Ups consider?
What alternative sources of funding might Lean Start-Ups consider?
What is the primary goal of Lean Start-Up Techniques?
What is the primary goal of Lean Start-Up Techniques?
What is the 'get out of the building' approach used for in Lean Start-Up Techniques?
What is the 'get out of the building' approach used for in Lean Start-Up Techniques?
What is the purpose of sketching out a canvas in Lean Start-Up Techniques?
What is the purpose of sketching out a canvas in Lean Start-Up Techniques?
What are the two types of adjustments made to hypotheses in Lean Start-Up Techniques?
What are the two types of adjustments made to hypotheses in Lean Start-Up Techniques?
Who is the adjunct professor at Stanford University mentioned in the text?
Who is the adjunct professor at Stanford University mentioned in the text?
What is one of the areas where Lean Start-Up Techniques can be applied?
What is one of the areas where Lean Start-Up Techniques can be applied?
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