Title: The 12 Steps of The Lean StartUp Business Plan
Headings: The 12 Steps of The Lean StartUp Business Plan
The 12 Steps of The Lean StartUp Business Plan
1. Starting Your Business Idea
2. Defining Your Vision
3. Learning
4. Experimenting With Your Business Idea
5. Take a Leap of Faith
6. Testing Your Startup Idea
7. Measuring Your Results
8. How and When to Pivot
9. Working with Small Batches
10. Sustaining Growth
11. Adapting to New Circumstances
12. A Culture of Innovation
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Content: By meeting the demands of this small section of the market, you get an idea of what the larger marketplace will demand; it prepares you for a successful launch. One of the popular ways to test the waters is to offer your early adopters a free trial. If the product in its minimal form is altogether unsuccessful, then you can go back to the drawing board and rework it to avert a wholesale failure. 7. Measuring Your Results
In other words, what does your testing tell you? You will need effective ways of analyzing the data gathered by testing your product. You will need to implement means of discovering what your customers like about their experience and what they do not. The method of measurement and what you measure will differ according to your business-type, but you will have to first learn which metrics you need and to have the appropriate methods in place to get them. If the metrics indicate a negative response from the market, then the goal will be to find out from your customers what they really want.