Is It Time to Dump the ‘Lean Startup’ Approach?
Is It Time To Dump The ‘Lean Startup’ Approach? - Seyi Fabode - Medium
Let’s take a cue from Eric Ries.Since we are reconsidering the value of venture capital, in a world where a startup can raise millions on an ICO white paper written by a freelancer on Fiverr, why don’t we also assess the continued value of the Lean Startup methodology and all the baggage it brought with it? I’ve always had a gripe with how the venture capital community (especially) and, save for the Elon Musk type founders, now lack any conviction about solving any true problems. Founders are starting businesses every day but the system is now set up for them to only focus on solving problems that can be validated by focusing on the lowest ‘Points of Leverage’.It’s time to unlearn the bad lessons that startup founders soaked up from Eric Ries’ ‘The Lean Startup’ and the overuse of the Business Model Canvas. Methodologies that helped VCs squeeze blood from early stage startups before they got any funding? Especially in a world where the problems we now need to focus on solving are Wicked Problems*. Problems which cannot be solved by 180 degree pivots and…