u003cpu003eu003cbu003eMost startups fail. But many of those failures are preventable. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched. u003cbru003eu003c/bu003eu003cbru003eEric Ries defines a startup as u003cbu003ean organization dedicated to creating something new under conditions of extreme uncertaintyu003c/bu003e. This is just as true for one person in a garage or a group of seasoned professionals in a Fortune 500 boardroom. What they have in common is a mission to penetrate that fog of uncertainty to discover a successful path to a sustainable business. u003cbru003eu003cbru003eThe Lean Startup approach fosters companies that are both more capital efficient and that leverage human creativity more effectively. Inspired by lessons from lean manufacturing, it relies on validated learning, rapid scientific experimentation, as well as a number of counter-intuitive practices that shorten product development cycles, measure actual progress without resorting to vanity metrics, and learn what customers really want. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. u003cbru003eu003cbru003eRather than wasting time creating elaborate business plans, u003ciu003eThe Lean Startupu003c/iu003e offers entrepreneurs - in companies of all sizes - a way to test their vision continuously, to adapt and adjust before it's too late. Ries provides a scientific approach to creating and managing successful startups in a age when companies need to innovate more than ever.u003c/pu003e
