Recent Lessons

Show all results for ""

Feature Overview

Ace your exams with our all-in-one platform for creating and sharing quizzes and tests.

Quizzes

Create quizzes and tests automatically from your content using AI.

Flashcards

Automatically turn your notes into digital flashcards.

Share, Export & Embed

Share with classmates or export to Excel and your learning management system.

Stats & Reporting

Auto-grading quizzes and tests with detailed stats and reports.

Mobile Apps

The smarter way to study – wherever you are.

Pricing

Search...

Lean Start-Up Methodology: Professor Steve Blank's Key Points

11 Questions

0 Views

Lean Start-Up Methodology: Professor Steve Blank's Key Points

Choose a study mode

Play Quiz

Study Flashcards

Spaced Repetition

Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

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?

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?

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?

A change in direction based on customer feedback Signup and view all the answers

What alternative sources of funding might Lean Start-Ups consider?

Seed investments, angel funds, crowdsourcing Signup and view all the answers

What is the primary goal of Lean Start-Up Techniques?

Searching for a scalable business model Signup and view all the answers

What is the 'get out of the building' approach used for in Lean Start-Up Techniques?

Asking potential users for feedback on business model elements Signup and view all the answers

What is the purpose of sketching out a canvas in Lean Start-Up Techniques?

To outline key assumptions on how a company creates value Signup and view all the answers

What are the two types of adjustments made to hypotheses in Lean Start-Up Techniques?

Iterations and pivots Signup and view all the answers

Who is the adjunct professor at Stanford University mentioned in the text?

Steve Blank Signup and view all the answers

What is one of the areas where Lean Start-Up Techniques can be applied?

Fast-growing new ventures, small business development, and commercialisation of science research Signup and view all the answers