What is the Build Measure Learn feedback loop from Lean Startup? How do you step through the loop to build your company? Learn more from this guide from Lean Startup
Build-Measure-Learn: How to Do It Right (Lean Startup)
Blue Ocean Strategy Definition
What is Blue Ocean Strategy? Learn the definition of blue ocean strategy and the meaning of creating blue oceans here.
What Is Asymmetric Information? Meaning & Examples
As the world has become more specialized and complex, people have come to rely more and more on experts to guide them through major life decisions. This is largely driven by fear of making a wrong decision that might result in financial ruin or even physical harm. As we’ve discussed above, however, experts are hardly neutral arbiters of truth who are selflessly devoted to guiding you through the trials and tribulations of a staggeringly complex world. Rather, they are often self-interested, equally fallible humans who seek to use their superior information to gain an advantage on you. This unequal distribution
LTV & CAC: An Easy Guide for Startups & Businesses
Any business has to get customers. In paid marketing, you have to pay for each customer. This is the Customer Acquisition Cost (CAC). Then, each customer gives you a certain amount of value over time, or the Lifetime Value (LTV) How do you calculate the LTV and CAC? How is it important that these two numbers related to each other? Learn in our guide from Lean Startup.
How to Build an MVP—and How NOT To (Lean Startup)
Figuring out how to build an MVP? Just as important as building a great MVP is figuring out how NOT to build one. Learn the key MVP strategies from Lean Startup here.
Video MVP: What Is It? (The Lean Startup)
What is a video minimum viable product? How do you build one, and have it test your Lean Startup hypotheses? Learn the key tips here.
Four Actions Framework (Blue Ocean Strategy)
How does the Four Actions Framework help you build your Blue Ocean Strategy? Learn the Eliminate-Reduce-Raise-Create grid here.
Early Childhood Longitudinal Study: What It Revealed
The Early Childhood Longitudinal Study (ECLS), launched by the US. Department of Education in the 1990s, measured the academic progress of over 20,000 students as they progressed from kindergarten to the fifth grade, interviewing parents and educators and asking a broad range of questions about the children’s home environment. The study provided an ample resource of data that researchers could use to identify more statistically meaningful relationships between specific parenting tactics and children’s academic outcomes.
Lean Experimentation: How to Do It Right (Lean Startup)
What is lean experimentation in a startup? How do you run lean experiments to learn more for your company? Learn the tips from Lean Startup.
Value Hypothesis + Growth Hypothesis (Lean Startup)
What is a value hypothesis for your startup? What is a growth hypothesis? How do you generate your lean startup hypotheses, and how do you get data to answer them? Learn more in this excerpt from Lean Startup.