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Lean Startup

The Lean Startup is a business approach that focuses on developing products through validated learning, experimentation, and customer feedback. Instead of extensive planning, startups create minimum viable products (MVPs) to test their ideas quickly in the market. They gather feedback, learn from failures, and make iterative improvements. This cycle of building, measuring, and learning allows businesses to reduce risks, adapt to customer needs, and allocate resources efficiently, ultimately increasing their chances of success in a competitive environment. The goal is to create sustainable businesses by fostering innovation and responsiveness to customer demands.

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    The lean startup is an innovative approach to developing businesses and products, focusing on efficient use of resources and minimizing waste. It encourages entrepreneurs to create a minimal viable product (MVP), which is a basic version of their idea, to test the market quickly. By seeking real customer feedback, startups can learn and adapt their offerings based on actual needs. This cyclical process of building, measuring, and learning helps reduce risks and improves the chances of success, ultimately leading to more sustainable businesses. It's about being agile and responsive in a fast-paced market environment.