← The Lean Startup

Afterpage · week card

The Lean Startup

Eric Ries

Key ideas

  1. Build, measure, learn.
  2. Leap-of-faith assumptions.
  3. The minimum viable product.
  4. Actionable metrics, not vanity metrics.
  5. Pivot or persevere.

The week

Day 1Read the summary. Five key ideas and where the book overreaches.
Day 2List your leap-of-faith assumptions. Write down the assumptions that must be true for your product or project to succeed, and mark the riskiest.
Bad day: Write the one assumption that, if wrong, would end the project.
Day 3Design the smallest test. Describe the cheapest experiment that could test your riskiest assumption within a week.
Bad day: Write one sentence: “If at least __ of __ people do __, the assumption holds.”
Day 4Build the MVP. Spend your session building the test you designed yesterday, and get it in front of at least one real person.
Bad day: Send a description of your idea to one potential customer and ask if they'd want to try it.
Day 5Pick one actionable metric. Choose one metric that would show whether your test is working, and drop one vanity metric you've been watching.
Bad day: Write down one number you check often that doesn't help you decide anything.
Day 6Ask five whys. Take one recent problem or failure in your project and ask “why?” five times to find the root cause.
Bad day: Ask “why?” three times about one recent problem and write the answers.
Day 7Hold a pivot-or-persevere meeting. Review what your experiment taught you and decide, in writing, whether to persevere, pivot, or run a new test.
Bad day: Write one sentence: “Based on what I learned, I will...”

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