Why Lean Startup is Feasible ?

A typical business involves certain steps. Adhering to such steps, businesses ascend the summit of success, leading to strategic growth.In plain terms, business means generating profit, enabling the organization to scaleup, materialize business goals. 

Generally Business means: An economic system wherein goods and services are exchanged for money.Depending on business structure,

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businesses plan out their business strategy.Every business requires some typical structure, wherein product or service or both are planned, delivered intended for customers, resulting in profit.

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Typical business plan

Talking about a general business plan, it comprises of following points:                     

• Plan of business.
• Investment required. 
• Location. 
• Registration, legal validation. 
• Startup Business Environment.

Do you think, you can accomplish your strategic goals, adhering to these simple milestones??? Well, had this been the case, every business would have been successful. In the case of fate of new companies businesses and their startups situation is really horrible.

What research on the startup says

A comprehensive research carried out by a globally acclaimed business school on the fate, operation, and management of the new companies reveals unbelievable data. About 70% of the new businesses fail to perform in the crowded market, enabling them to shut their shops. Nobody would like to be in that absurd scenario.

How to overcome the challenging market scenario 

        

Developed post a comprehensive research, the wonderful phenomenon is transforming the fate of hundreds of new companies, their owners, enabling them to keep floating in the stiff market competition, overcoming hurdles.This phenomenon renders emphasis on implementing measured, experimented steps,resulting in the shortening of the product development cycle. 

The three integral steps  

• 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.

I am quite sure, you are now convinced, this phenomenon is far better, way ahead than the typical business plan. Here we are implementing tried and tested methods, keeping checks, and balances on the business. That’s the key to success! As and when, you will notice any flaw in the process, you have ample time to react, scuttle the bottleneck, saving your business from collapsing.

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 in lean startup.

  

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

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

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.

Thinking of Starting a New Company, Leverage Lean Startup

Are you thinking of starting a new company from a scratch? Are a budding businessman? Are you a man behind a startup? Are any of your friends struggling to run a startup company? Is your new company struggling to see the light of the day? Are you struggling to execute a comprehensive plan for your dream business?

Well, if your answer to the above questions is yes, then here is wonderful news for you--the emergence of a new age business philosophy - the lean startup!!!

What’s that new phenomenon?

Before moving forward, let’s try to enlighten ourselves with this new development, what it’s all about, how it is enabling new companies, ideas, enterprises, businesses scale up. In fact, it’s a revolution, changing the way products and services are developed, and rolled-out in this crowded corporate world.

It’s just an incredible development with focus on promoting new companies, businesses, struggling to create a brand, find a platform, helping them to take a giant leap towards business goals.

 As a writer doing research on the new companies, their problems, strategies, challenges, I’m of the opinion – this plan does work, and works splendidly, resulting in the growth of the organization. That’s what matters in the crowded corporate world.

The new phenomenon works on a specific strategy tailor-made for upcoming companies, innovative products, services.

Principles of this amazing business strategy:

• Commission a viable product (MVP) with customer centric features.
• MVP lets you to experiment, test the market.   
• Banks on the continuous delivery model to rollout new features.
• Banks on the viability test for different versions for different user segments.     
• Metrics based actions-don’t execute plan without fully understanding the market dynamics

What does it mean?

Focused analysis of the above significant pointers clearly shows, how important the new phenomenon is. It’s a strategy that renders emphasis on executing business plan, reflecting accountability, proper monitoring. That’s the reason, new, and emerging businesses leverage it to the optimum. And why not?

Bank on Innovify’s capability

Innovify is a professionally managed company with expertise in successfully implementing the lean startup methodology. We are passionate about what we do-help startups in realizing their business goals!!! That’s why we are one of the trusted names in this genre.

Multimillion Idea to Lean Startup

Innovify is turning your multimillion amazing idea into a successful startup through lean startup methodologies. 

Lean Startup is the New Strategy for Startups in 21st Century

It's now getting to be clear that lean startup practices are not only for youthful tech wanders.

Organizations have put in the previous 20 years expanding their proficiency by driving down expenses. In any case essentially concentrating on enhancing existing plans of action is insufficient any longer.

Very nearly every substantial organization comprehends that it additionally needs to manage steadily expanding outside dangers by persistently improving. To guarantee their survival and development, partnerships need to continue creating new plans of action. 

This test requires completely new authoritative structures and abilities. Throughout the years numerous managerial masters have progressed the reasoning on how extensive organizations can enhance their advancement forms.

As a product management company we manage your amazing ideas make it successful to drive into the marketplace with our lean startup methodologies.

Explore Innovify to live your dream

Dreams are just amazing!!! It’s something intangible, not with us that keeps us driving. Think of a scenario wherein you are at the helm of affairs of a leading company, delegating responsibilities, making critical decisions. Sounds really amazing!!! In fact that’s the dream majority of businessmen visualize. Not all can join the league of successful businessman as they succumb to market pressure, challenges, leading to closure of their business.

Never Undermine the Research

Before embarking on a venture, I suggest, why don’t you do a comprehensive research on the fate and challenges of beginners. Let me share with you a research conducted by a famous business school on the functioning of new companies. A Harvard study says – about 75% of the new companies fail to sustain the initial momentum, leading to curtain down on their very existence. Shocking!!!

I am very much sure; nobody would like to be in that weird environment…

Search for an Expert Mentor

Enthusiasm is a great virtue; however, mere enthusiasm will not lift your dream company’s fortune. What you need is a meticulous mentorship under experts with professional experience in guiding the growth story of new companies.

Entrepreneurship is an art, not many are equipped with that art. So, what’s the way-out??? If you are really hell bent on becoming an entrepreneur, explore a company, which brings in expertise in fuelling the growth of the startups with expertise in lean startup.

Explore the Expertise of Innovify

Here is a company with a brilliant track record in bringing about a revolutionary turnaround in the future of new companies. Blending expertise with modern technology, and state-of-the-art infrastructure, they are enabling startups in realizing their true potential.

Leveraging the core principles of lean startup – build, measure, and learn, they are successfully helping new companies grow, establish as a brand. The comprehensive knowledge in lean startup incubator enables them in figuring out the hurdles, bottlenecks at the initial stage, leading to growth without a break. That’s one of the significant advantages of the modern methodology.

So, if you think you are fed-up running from one corner to another in the quest for a trustworthy partner for your dream company, step-in at Innovify and see the difference with our startup accelerator methodologies. And live your dream with head held high!!! Who knows, you could be the next big thing in the business world!!!

Lean Startup is Really Remarkable Tactic to go with

The emergence of a new age phenomenon is swiftly catching the imagination of entrepreneurs. What began as a new method of running new companies has now taken the shape of a movement. It didn’t happen overnight. Without valid reasons that can’t happen as well. That’s true. Is it a force to reckon with??? Yeap, that’ absolutely right.

Conventional Methods have been a Disaster for Startups

Research and development on the new enterprises brings forth shocking statistics. Not many of you will digest that research. Irony is it’s a fact, can’t be undermined.

A research by leading business school, Harvard Business School throws painful data pertaining to new businesses. The research shows 75% of all startups fail to survive the crowded market’s challenging competition, forcing closure of the business.

This clearly reflects unless new businesses have a flawless plan, they can’t think of overcoming the market pressure, including product or service rollout, customer feedback, and operational cost among others. Industry insiders are also of the view that conventional rules of the game are no more effective in the current market landscape.

Industry Abuzz with the New Formula

Leveraging the contemporary formula, many startups are defining their course for future. Do you know how??? The contemporary business mechanism renders emphasis on an amalgamation of business-hypothesis driven experimentation, result of a comprehensive research and development on startups, their mechanism, challenges, management, and operational cost among others.

Innovation Accounting

Here I would like to highlight the importance of innovation accounting. Lean startup comprises a set of pertinent rules integral to the success of new businesses. Innovation accounting is one such rule. According to this step:

• New enterprises should build a model of customer behavior over a period of time.   
• Leverage the first step to alter the product or service and alter the behavior of customers, prospective customers.
• Establish facts, focusing on validity of the mission and vision of the company.
• Ensure sustainability.

That clearly reflects the soul of lean startup. For new businesses, it is clearly a game changer, enabling many new companies in scaling up.

The beauty of lean startup is right from the sowing of seed of a new business till the business starts delivering desired results, it keeps virtual monitoring. What does it mean??? Such a move enables in plugging the bottleneck then and there, leading to growth.

Bank on Innovify

Innovify is driven by vision to enable startup companies realize their strategic growth, full potential. We are passionate about what we do-to help new businesses establish as a brand. In fact it’s our niche!!! In a short span of time, we have been instrumental in pushing up the growth of many new businesses.

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

Incredibility of Lean Startup for Entrepreneurs

As a founder of a startup, your highest priority is to make it successful, establish as a brand. That’s the dream every budding entrepreneur visualizes. However, it’s not that simple.

Unless you adhere with a flawless methodology, you can’t take your business to the next level as there are issues, challenges galore involved, including market demand, cost of running a company, and investment among others?

Traditional Methods are No More Effective

A famous quote, “Get along with the life as it goes,” is very much applicable for new businesses as well mold your system in accordance with the changing market dynamics, otherwise possibility is-your dream company might succumb to the crowded market competition. Reason being traditional methods are no more that effective. They can’t stand market pressure. Decades old traditional methods are no more viable. Barring certain exceptions they can’t stand the tough market competition.

There is hardly any concept called build, learn and measure in a traditional business method. Merely accumulating resources, capital will not help. That’s true.

Another loophole in the traditional method of running a business is-obsolete “checks and balances” rules in place that hardly hold any ground in the current business landscape.

What is that Scientific Method?

Scientific methods evolved over a period of time are finding many takers. Reasons are obvious. Designed focusing on the challenges of startups, scientific methods are delivering great results. That’s what you as an entrepreneur wanted.

The emergence of lean startup methodology has been fueling the growth of many startups. The key to operating under trying market condition is to come up with a roadmap, overcoming a wide spectrum of business challenges.

Exciting thing about the new age system is-it focuses on MVP (Minimum-Viable-Product).  Right!!! Rather than focusing on rolling out bunch of products and services, it talks about introducing a product or service that can endure market pressure, helping the company ascending its strategic goals. While in traditional methods, enterprises lack such foresightedness and strategy. That’s why this methodology is termed as scientific method of running a company.

Considering its benefits, feasibility, startups cutting across domains and geographies are leveraging lean startup methodology.

At Innovify, we are technically qualified to push your favorite enterprise towards sustainability. A team of professionally qualified professionals with rich experience in lean startup management, research, sales and marketing, and launching among others work in unison, enabling new businesses in realizing their true business potential.

In its scintillating professional stint, the team has successfully helped many startups in accomplishing their short as well as long term goals.

Lean Startup is Way Ahead of Traditional Methods

Good thing about the new age development, the lean startup which is transforming the future of startup is-it plugs the loopholes before things go haywire. That’s why it is being accepted by industry cutting across domains of expertise.

Let’s Initially Make Efforts to Understand the Traditional way of Running Startups

Generally businesses adhere with the following set of rules before starting their business:

• Business Plan.
• Arm yourself with training.
• Decide a place.
• Arrange capital.
• Decide the legal structure.
• Get registration certificate from the local government.
• Get registered for tax.
• Know the employer responsibilities.

Is the old System Becoming Obsolete

Sounds bit interesting, the above set of rules talks about so many things, their significance can’t be ruled out. But what surprises me is-where is the accountability, and checks and balances in the system. That’s why this traditional system of conducting a business is no more effective, resulting in the shutting down of majority of startups.

The New Phenomenon is Just Amazing

Research and development on the operation, functioning of startups, new businesses suggest-they can’t coup up with the market challenges bases obsolete, traditional rules, methodology. Subsequently giving birth to a new methodology called as leanstartup.

Ascend with the New Age Phenomenon

There are couple of rules that form the nucleus of the incredible phenomenon, transforming the new businesses. Let’s learn about Build-Measure-Learn rule. This rule focuses on two significant principles:

1. Come up with a MVP that is Minimum Viable Product: Just do away with the feature, methods, process that hardly contribute in the direct learning and experience you are seeking.
2. Innovative Accounting reports must clearly define triple A: Actionable, Accessible, and Auditable.

See the difference, how the new age development is enabling newly started enterprises in scaling up.

In comparison to traditional method, it is very much scalable. It clearly focuses on checks and balances which plays a critical role in establishing your pet company as a brand.

Each word speaks!!! Let’s for instance take-“Do away with the features, methods, process that hardly contribute in the direct learning and experience you are seeking”, here the theory clearly talks about accountability. As system is in place, you can easily figure out the things which are not working in your favor and your pet business at large. The moment that happens, you are in a better position to plug the loopholes, giving a new life to your business.

Bank on Our Credibility

If you are seeking a reliable organization with expertise in successfully fueling the growth of new enterprises then bank on the expertise of Innovify. We are a professionally qualified company with rich experience in lean startup methodology.

Leverage The Magic of Lean Startup

Starting a new company has been a challenge, and will remain so. There are strong reasons to corroborate the fact. Right from the moment you sow the seed of a startup, your tryst with the future of your pet startup begins.

As an entrepreneur, your first and foremost priority is to bring your pet startup at a break even point. The moment that happens, you, your team, resources get a most desired lift. Sounds simple!!! However, is it that simple? Not at all!!! Do you know why???

Startups’ founders must consider disturbing statistics before painting a drawing on a canvas about the future of your startup. A dedicated research by a leading business school Harvard Business School clearly suggests that 75% of startups fail to see the light of the day. This figure speaks volume, can never be undermined.

A budding entrepreneur plunging into startup business can’t undermine this fact. In fact he/ she should consider the figure before venturing into startup. It’s like going on a sail with lifeboat. That’s true!!! Blindly don’t start a business!!!

Explore the Magic of Lean Startup

Do you know what separates a successful startup from an unsuccessful one??? There are couple of reasons. One could be banking on a plan that works when you are short of resources.

Industry insiders have been developing one theory after the other to fuel the growth of the startups. One such theory is lean startup. It’s a marvelous development, enabling startups in scaling up.

How Does the Phenomenon Work?

The well researched phenomenon helps in making the process of running a company less risky. It works on clear cut rules. Instead of favoring a comprehensive planning on how to run a startup, it focuses on learning from experimentation, customer feedback, and iterative design among others. Philosophy is to carryout experimentation in product development, services without taking risk.

Customer feedback plays a significant role in keeping the product/ service alive and company at large. That’s absolutely true!!! The moment you realize that a certain innovation is not producing result; you can plug it, saving yourself from future risks. That’s what you want as an owner of a startup.

The same methodology is applicable for innovation. You are free to innovate with your product/ service; however, as exclusive monitoring is in place, you can comfortably capture the flaws. And it pays off in the long run.

Leverage on Innovify’s Expertise in Lean Startup

At Innovify, fueling the growth of startup is not mere a business strategy, in fact it’s a passion. Our one point agenda is to enable startup scaleup. Leveraging the outstanding experience of our wonderful lean startup team, we are helping startups in overcoming the market challenges, including product/ service launch, customer feedback, and innovation among others.

Explore the phenomenon at Innovify at the earliest and watch your dream startup company grow.

Why Going Conventional? Lean Startup Is Really Incredible and Successful

The lean business theory is just incredible!!! As a founder of a startup, you are always looking for viable business techniques, enabling you realize your dream of managing a startup successful.

Research on the sustenance of lean startups show, majority of the startups fails to perform under stiff market competition. Reasons are galore, including lack of experience in managing a venture, short of concrete planning, and lack of contingency plan.

Lean Startup

Many theories have evolved to surmount the challenges being encountered by niches. Every theory came out with its own pros and cons. Some were appreciated while others were out rightly discarded.

As I’m doing research on the mechanism of businesses, their management style, challenges, recommending one theory or undermining the other has been a massive challenge for me. I never wanted to jump to any conclusion before absolutely ensuring its pitfalls or advantages. As a research scholar, it’s my primary duty to recommend a methodology to accelerate that works.  That’s my job as a research scholar!!!

Emergence of the lean startup

Industry leaders have been trying to come up with a feasible mechanism, enabling entrepreneurs in realizing their business goals. Lean Startup is one such theory which is enabling them in overcoming market challenges. Interestingly the theory is widely accepted cutting across domains.

Whether you are from a manufacturing field or running a research organization, lean startup has answers for your pet startup. Speaking in terms of its key principles, it is broadly divided into three key pillars:

• 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.     

The aforementioned succinct principles clearly show how incubation can leverage lean startup mechanism to establish them as a brand.

Bank on Innovify

At Innovify, we are committed to execute lean startup mechanism in your pet startup organization successfully. There are many success stories. Within a short span of time, we have enabled many ventures in realizing their business goals. Professionally qualified team of technocrats, administrators, and IT professionals among others with rich experience in lean startups work day in day out to ensure the success of your own start!!!