The Lean Startup (model)

The Lean Startup is a method for developing new businesses or products more efficiently by focusing on rapid experimentation, customer feedback, and iterative improvements. Instead of creating a perfect product before launching, entrepreneurs develop a minimum viable product (MVP) to test assumptions quickly. They then gather insights from real users to decide whether to refine, pivot, or abandon their idea. This approach minimizes waste of time and resources, helping startups adapt to market needs more effectively and increase their chances of success through continuous learning and flexible planning.