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Reflections on a movement | Eric Ries (creator of the Lean Startup methodology)

发布时间 2023-10-29 11:01:00    来源

摘要

Eric Ries is the creator of the Lean Startup methodology, author of the New York Times bestseller The Lean Startup, and founder of the Long-Term Stock Exchange (LTSE). He’s also a multi-time founder and currently advises startups, VC firms, and larger companies on business and product strategy. In today’s episode, we discuss: • The current state of the Lean Startup methodology • Common misconceptions about the Lean Startup methodology • Understanding how to actually think about MVPs (minimum viable products) • When to pivot and when to stay the course • Thoughts on AI and how to deal with uncertainty • How to structure your company around core values and create products that benefit humanity • The philosophy behind Eric’s current big idea: the Long-Term Stock Exchange • Much more — Brought to you by Sanity—The most customizable content layer to power your growth engine: https://www.sanity.io/lenny | Jira Product Discovery—Atlassian’s new prioritization and roadmapping tool built for product teams: https://atlassian.com/lenny/?utm_source=lennypodcast&utm_medium=paid-audio&utm_campaign=fy24q1-jpd-imc | LinkedIn Ads—Reach professionals and drive results for your business: https://www.linkedin.com/podlenny Find the transcript and references at: https://www.lennyspodcast.com/reflections-on-a-movement-eric-ries-creator-of-the-lean-startup-methodology/ Where to find Eric Ries: • LinkedIn: https://www.linkedin.com/in/eries/ • X: https://twitter.com/ericries • Website: https://theleanstartup.com/ Where to find Lenny: • Newsletter: https://www.lennysnewsletter.com • X: https://twitter.com/lennysan • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/ In this episode, we cover: (00:00) Eric’s background (04:46) Eric’s recent activities and projects (06:23) Eric’s start in advising and first-principles thinking (10:56) Lessons from designing the Lean Startup process (14:04) The current state of lean startup methodology (22:33) Common misconceptions about the methodology (24:28) Changes Eric would make in an updated version of Lean Startup (27:52) An explanation of minimum viable product (MVP) and why Eric still stands by the process (37:36) An example of “Less is more” (41:24) More on MVPs and the importance of testing your hypotheses  (41:24) How LTSE had to pivot after a partnership fell apart (48:37) Eric’s take on the concept of craft (53:36) Why getting fired for standing by your conviction can be a career accelerator (55:17) Tech’s mental health crisis (56:28) Advice for founders stuck in a “zombie company” (1:00:16) How continuous pivots shape a company’s vision, with a real-life story (1:08:20) Challenges in assessing companies from an external perspective (1:13:17) Practical advice for businesses considering a pivot (1:18:42) The impact of artificial intelligence (1:26:59) The current capabilities of ChatGPT and its potential use as an equalizer in the marketplace (1:31:26) Eric’s current work with founders on human flourishing (1:42:40) Advice for founders who want to build ethical companies  (1:49:37) Examples of first-principles thinking (1:53:42) Why shareholder primacy theory is wrong (1:55:19) The “spiritual holding company”  (1:58:12) Lightning round Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com. Lenny may be an investor in the companies discussed.

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