LeanStartup is an ideal methodology that facilitates startups with a foundational framework to better build and sell their products by evaluating continual market reviews and product feedback. The development cycle followed in LeanStartup is notably agile, concise and deterministic in nature to draw maximum productivity out of the product, by means of end-user feedback and insights.
Pratham Software (PSI) has been associated with multiple startups as their sole technology partner and mentored them over LeanStartup methodology to exercise its true potential for increased workplace productivity and market success.
At PSI, LeanStartup was employed to ‘efficiently capitalize a hypothesis driven business model that radically reaches to optimum market productivity through regular event-based alterations’.
We believe a complete dataset is rarely needed before proceeding; it just needs to be sufficient to make it to the market, where it is tried and tested for effective functionality. In case the customer feedback is not as desired, the team can quickly make corrections to limit big losses and return back to developing product as per the consumer needs.
The methodology has its basics clear “Failure is the rule, not the exception”.