Lean Startup Is Very Crucial For Any Startup

Startup In Lean Way Keeps Your Hurdles Away

The heading of this article clearly reflects the market sentiments. Yes, indeed the new age businesses methodology is guiding startups towards success.

Changing market dynamics are throwing new challenges every now and then for startups, be it producing products in line with the demands of the market or investing in technology to manage business operation flawlessly. The odds are not with the startups. That’s sure. Now, what’s the solution?

What Researches Says ?

The most pivotal question is-how startups can overcome market challenges without diluting their business interests? A research conducted by Shikhar Ghosh of Harvard Business School on the functioning of startups clearly shows-majority of startups face survival crisis.

As per research about 75% of the startups fail the litmus test to overcome market challenges. Eventually driving them to shut their shop! That’s the bitter truth of market; you can neither run away from it nor take it lightly.

The Way-Out

If there is a problem, there is a solution too!!! The emergence of lean startup methodology has been a blessing in disguise for many startups. Establishing a startup is no more that risky.

What In Fact Lean Startup Is ?

The lean startup methodology has been designed keeping in account the challenges being faced by startups, including establish as a brand, capital, break even point, and customer satisfaction among others.

The business focused system gives stress on shortening the product development cycle. That’s really very significant in defining the sustenance of startups. It comprises a set of business hypothesis driven experimentation developed through comprehensive research on the functioning, challenges of the startups. Considering the lean startup’s viability, more and more startup companies are aligning their operation with the system.

Innovify, a distinctly qualified company specializing in startups’ operation is enabling startup companies in successfully executing lean startup mechanism.

Lean Startup: Strike a Balance

Success doesn’t’ embrace easily!!! Startups have to toil hard, sweat hard, sacrifice hard to create a brand, beat the tough market competition. That’s true!!!

The emergence of lean startup methodology too is playing a critical role in defining the future, growth of startups. It’s pivotal for startups to strike a balance between the lean startup methodology and vision. Why??? Reason being, your visionary planning will act as a cushion to fuel your growth, leveraging the lean startup methodology.

Just because you are implementing or have implemented lean startup process doesn’t mean you should have a laid back attitude. There are many effective ways through which we can strike a balance between a lean startup methodology and a vision document of a startup company.

             

Research proves a point

Research proves-entrepreneurs who implement a vision document grow 30 percent faster in comparison to those entrepreneurs who don’t execute a vision document. This proves a point!!! Strategies which are not working in favor of your organization should be scrapped the moment they are identified, diagnosed.

No strategy is “tailor-made” or can’t be tweaked here and there to suit your requirement!!!

“Checks and balances”

“Checks and balances” is a very important strategy as a startup you can implement. Lean Startup methodology has been effective, fueling growth of many startups from across the globe. As the process is agile, you can plug the challenges as and when they are noticed.

Blending your vision document with lean startup, you are in fact formulating your own business strategy. That has the agility to counter market challenges.

Let’s understand this safe phenomenon with a more rational instance. When we are heading towards a shopping mall for a weekend shopping, our two wheeler might develop a technical snag in its engine. What should we do now??? Should we abandon the two wheeler there??? Should we keep on driving a mechanically defected scooter??? Or should we plug the deficiency before they change from worse to worst. The ideal scenario is- we should plug the deficiency before they change from worse to worst.

At Innovify, we are professionally qualified to enable startup execute lean startup methodology successfully.  A dedicated team with expertise in executing lean startup mechanism is helping emerging startups realize their strategic goals.

Why should startups leverage the lean startup methodology???

A simple adage succinctly says it all - “Go with the wind. Otherwise get ready for the repercussions”!!! That’s absolutely true in many scenarios. Fully applies on enterprises too.

The emergence of lean startup methodology has been a game changer for many startups, giving a new lease of life to their business objectives. Changing market dynamics require tailor-made methodology to push your brand to the next level and surmount a wide array of challenges, including brand positioning, pre and post sale challenges, future.

Understanding the significance of lean startup in building a startup brand

A comprehensive research was carried out on different business processes integral to the smooth operation of startupenterprises, including sales and marketing, customer care, finance, HR, and IT among others before formulating a dedicated lean startup methodology. Why? It was necessitated as startup’s challenges; goals are different from established brands.

The startup focused lean startup methodology is tailor-made for startups. Let’s focus on some of its significance:

• Addresses challenges, including existing and impending.
• Scalable methodology.
• Brings in value factor in the system.
• Market focused products and services delivery model intended for early customers.
• Good return on low investment.
• Facilitates in establishing a brand.

 “Checks and Balances” system is also an integral part of the lean startup methodology intended to identify bottlenecks, challenges.

The strategic hypothesis recommends that startups stay lean to remain in competition. Lean here refers to strong enterprise qualities-remain agile, draw lessons from mistakes, bring change immediately and stay fit for market competition.

Research on lean startup methodology indicates that for a startup, there are only two priorities-establish as a brand and enough money in the account to run the business successfully.

At Innovify, we are distinctly qualified to enable your dream startup company execute lean startup successfully.  A dedicated team with expertise in executing lean startup mechanism is helping emerging startups realize their strategic goals.

Personified Product Management Solutions

An inspiring adage by a prominent writer Shiv Khera, “Winners don’t do different things, they do things differently”, absolutely personifies our philosophy. The word “Solution” emanates strong fragrance of our capability, enabling us to reach out to clients cutting across geographies. 

The word solution is so positive that many of the leading personalities cutting across domains often refer it in their corporate presentation, team’s meetings to motivate teams, colleagues, facing unprecedented challenges. At Innovify, “Solution” is embedded in our blood, soul, processes, applications, technology, and deliverables!!! That’s why, we take pride in expressing-Innovify personifies solutions!!! 

And we want to emphasize here, we have the strong reasons to express that-we offer solutions, overcoming minute to unprecedented challenges. How??? 

A team of leading IT and Management professionals with rich hands-on experience gained from Forbes listed Fortune Global 500 Companies strives day in day out to deliver out of box solutions, matching global standards. 

Why you should bank on Innovify’s never say die spirit??

• Excellent team on board of product management professionals to enable client realize their potential. 
• We enable you in streamlining your dream project, making it viable as per the market demands and challenges. 
• We will help you connect with the authentic clients, looking for your kind of project.
• We will support you in raising the capital in case required to do research and development on your pet project. 
• We will create your brand. 

What else do you want??? 

London (UK) based Innovify is a leading Product Management Company, offering a wide range of excellent IT solutions. Leveraging our solutions, matching global standards, startup companies cutting across geographies and domains are meeting business challenges, in turn fueling their growth.

Lean Startup Focused Solutions | Innovify

Understanding the lean startup 

Before delving deep into the lean startup methodology, let me first define the meaning of lean startup for you. It’s a methodology, system that gives emphasis on a wide range of steps, measures, resulting in shortening the product development cycle. 

The corporate centric lean startup mechanism focuses on an amalgamation of business-hypothesis driven experimentation, evolved through research and development on startups, their business challenges, funding mechanism, and market among others. 

Does lean startup help? 

Enterprises cutting across domains are leveraging this methodology to scaleup their business objectives. It works, enabling startups to gradually establish themselves as a brand!!! 

Bank on Innovify’s lean startup mechanism to establish your brand 

At Innovify, we are distinctly qualified to enable your pet startup company execute lean startup successfully. A dedicated team with expertise in executing lean startup mechanism is helping emerging startups realize their short term as well as long term goal. Here are some of our USPs:

• Expert lean startup team onboard. 
• Scalable methodology. 
• Brings in value factor in the system. 
• Market focused products and services delivery model intended for early customers. 
• Good return on investment.
• Helping in establishing brand. 
• “Checks and Balances” system in place to identify bottlenecks, challenges. 
• Quality control department in place to ensure global quality. 

Market research on this critical subject corroborates the fact that lean startup mechanism does help startups. No doubt about that!!! Enterprises these days are cautious while rolling out any product or service. Reasons are obvious!!! In this era of stiff market competition, no business man would like to take risk which may raise questions on the very sustainability of the enterprise. That’s why enterprises are showing inclination towards lean startup. 

We are professionally qualified to enable enterprises in increasing their capability in less time without compromising on quality!!! That’s we are one of leaders in Lean Startup implementation!!! 

“When wind blows against me, I know I can’t change the direction, but I know how to amend my sail to successfully reach my destination.”