Tuesday, 27 January 2015

Lean your business startup with - Build – Measure –Learn Method

One of the really big trends at present is called Lean Startup, a phenomenon which we can easily enter the market and built with standard components. The Lean Startup vision introduces a methodology for building a technology product. In short, a Lean Startup is a low-burn technology venture which combines the customer development methodology and an agile software development methodology.Startups don't fail because the technology doesn't work. They fail because nobody wants what they are trying to build as said by Eric Ries.
The Lean Startup movement has produced several important and successful techniques that can yield benefits to all types of organizations. One of these is continuous deployment - a process in which all code written for an application is immediately deployed into production. The result is a dramatic reduction in the development cycle time and the freeing of individual initiative.  You can read more about it here at - http://startuprunner.com/lean-startups/ as described by Eric Ries.

An important countervailing force among startups has emerged–a methodology called “Lean Startup”, that can make the process of startup companies less risky. 

Startup Experiment:

The Lean Startup methodology has as a premise that every startup is a grand experiment that attempts to answer a question. The question is not “Can this product be built?” Instead, the questions are “Should this product be built?” and “Can we build a sustainable business around this set of products and services? "The Lean Startup is a new approach to business that’s being adopted around the world. It’s changing the way companies are built and new products are launched"

“Using the Lean Startup approach, companies can create order not chaos by providing tools to test a vision continuously.” There is no deterministic path to success  vision is a requirement. So for that a good startup is required.

One of the key concepts in Lean Startup methodology is the Build – Measure –Learn cycle. The idea behind this is that many companies spend months or years building products without ever showing them to prospective customers to figure out if they even want the thing.  If it turns out that the product is not compelling, the company fails and that money and effort is wasted.

Once you succeed at building your lean startup, then you can go for the home run. Until then, stay focused on quick cash flow businesses. For further information, Feel free to contact us at: E-mail ID: info@innovify.com, Website: www.innovify.com

Wednesday, 14 January 2015

Warning: You are Losing Money by Undermining Lean Startup

Optimism, an integral aspect of winners, enables them to think forward, think like a visionary. If you are a startup company, new organization, a businessman from a first generation, you surely should reflect optimism in whatever you do, preach.
Irony is merely adhering to optimism will not suffice your company’s requirement. For a startup, gradually scaling up to the next level of growth is very important. Without growth, a company is like to a barren tree; old enough to bear fruit however, can not produce the result. Do you want to be in that ludicrous situation as a businessman?         
To be candid, nobody would like to be in that awkward scenario. Why we should be at the centre of mockery?

How to avoid the humiliating scenario       

Starting a new business is not a joke as it involves challenges, problems galore. What about risk? Risk too is another huge factor, keeps rolling over your head. How to overcome these challenges? Well, if there is a problem, there is a solution too. Why can’t we focus on solutions instead of problems?  
Experts working on the mechanism of startups have been experimenting on a wide range of theories intended to push the growth of startups, new companies, and new products.At The Lean startup is one of the most leveraged mechanisms for new companies, first generation businessman. You know what - there are strong reasons to corroborate the fabulous development. 
What’s that Mechanism

What’s that mechanism, attracting hundreds of entrepreneurs? Talking about the new age methodology, it’s a process, mechanism developed post a comprehensive research. It renders focus on executing measured, experimented mechanism, resulting in the shortening of the product development cycle.  It’s like using innovative, tried, and tested ideas, mechanism, enabling new companies to scaleup, realize strategic growth.

Here are three key principles of the incredible theory:

  • Deploy resources smartly
  • Draw customer feedback at the earliest. 
  • Bring in change in the product / service at the earliest to keep pace with the changing market dynamics.  
These pointers clearly reflect the essence of the wonderful phenomenon.                               

Explore Innovify’s capability 

If you are scouting for a reliable partner, enabling you to realize your dream of running a new company successfully, explore Innovify’s competency.

For further information, Feel free to contact us at: E-mail ID: info@innovify.com,  
Website: www.innovify.com     

Don’t take chances. If you are struggling to see your company on the path of growth, don’t take risk, start leveraging the lean startup mechanism. Undermining the phenomenon may lead to heavy losses. Nobody would like to afford that scenario that too when you are starting a new enterprise.