![]() ![]() Measure – you need to be able to take customers reactions, measure, and learn from the results. Ries explains that in order to achieve the key goal of a startup: Build – transforming an idea into a product. ![]() ![]() “A startup is a human institution designed to create a new product or service under conditions of extreme uncertainty.” It’s about the journey, not the destination. The learning experience is just as important and expressed through multiple experiments carried out in order to reach a final product. It’s not all about making dollars and creating physical products. Startups are just as relevant as a business as they are as a learning experiment.In order to run a successful startup, you need to be an effective manager, there will be so many different tasks and people that will need to be managed. A big part of entrepreneurship is management.They’re in large established organisations as well as small startups.” There’s no single definition of an entrepreneur and you don’t even need to be a founder. Ries emphasises the fact that principles of entrepreneurship can be applied to any industry, any business size, and any role. ? SUPPORT BESTBOOKBITS BY CLICKING THE LINKS BELOW ? MY FREE BOOK TO LIVING YOUR DREAM LIFE” ![]()
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