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The Lean Startup:
…the living dead. It happens when a company has achieved a modicum of success – just enough to stay alive – but is not living up to the expectations of its founders and investors.
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153 |

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The Lean Startup:
Failure is a prerequisite to learning.
|
154 |

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The Lean Startup:
When people are forced to change against their better judgment, the process is harder, takes longer, and leads to a less decisive outcome.
|
161 |

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The Lean Startup:
…entrepreneurs need to face their fears and be willing to fail, often in a public way.
|
162 |

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The Lean Startup:
…it is not necessary to throw out everything that came before and start over [when you pivot].
|
169 |

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The Lean Startup:
Mainstream customers have different requirements and are much more demanding [than early adopters].
|
170 |

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The Lean Startup:
A pivot is a special kind of change designed to test a new fundamental hypothesis about the product, business model, and engine of growth.
|
173 |

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The Lean Startup:
In reality, capturing value is an intrinsic part of the product hypothesis.
|
175 |

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The Lean Startup:
…the ability to pivot is no substitute for sound strategic thinking.
|
176 |

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The Lean Startup:
Pivots are a permanent fact of life for any growing business. Even after a company achieves initial success, it must continue to pivot.
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177 |