Co-founded in 2004 by Eric Ries (the author of The Lean Startup and creator of the concept), IMVU was one of the first successful lean startups. It is a large virtual 3D chat environment where ...
Myth says that between 80 to 90 percent of products fail. That provides a scary outlook for the lean startup. The actual cross-industry failure rate ranges between 30 to 49 percent, according to SpeckyBoy Design ...
Product-market fit means that the product is well suited to its target market. In other words, there are a lot of real users interested in pay actual money for the product. A startup needs to ...
A Minimum Viable Product (MVP) is the simplest experimental release that can start the build-measure-learn cycle for lean development. By quickly getting started with the cycle, a startup is able to begin learning what works ...
Startups face many challenges and only the best go on to become successful companies. One issue that holds traditional startups back is that they often start with a product idea and then build it without ...
90% of startups fail. This remarkable statistic is attributable to two factors: poor management and an unwillingness to gauge prospective customer interest. The Lean Startup method remedies this common issue by turning ineffectual chaos into ...
There are numerous benefits to using Agile development. However, if you have never used it before, or your business has been using another form of development such as Waterfall, you may need to prepare a ...
There are many types of software development techniques. Agile techniques are best for some projects, while another technique may work better for others. A common methodology used instead of Agile is Waterfall Development. With Waterfall, ...
Agile Development is a great development technique that is ideal for many projects. While not all projects are suitable, there have been many success stories of companies adopting Agile techniques for projects. Here are a ...
