Wednesday, April 29, 2015

Lean Business

In class, we watched a video of Eric Reis speaking about the Lean Business Model. While we have discussed the concept in class, Reis reaffirmed the notion that most business start ups fail, and in order to avoid failure, the concept of pivots is vital. Shortening the time between pivots increases the possibility of the start up to become successful. While pivoting, it is important to keep the customer in mind and engaged throughout the process.

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