Kim Kaveh
Friday, 17 November 2023
Adopting lean startup methodology is super important for building a successful no-code business. Here’s how to build a lean business model.
Posted in:
Startups
Adopting lean startup methodology is a game-changer. The lean business model is a science-based approach to create and manage startups. It helps to get the product live quickly and efficiently and maximises success as your business grows.
It works by experimenting, testing, and iterating while developing your offering based on findings from your tests and feedback, and building your knowledge and applying what you’ve learned.
Why use lean methodology to build your app?
These are the 3 main advantages of using lean methodology to build your business.
It reduces risk - From the start, The lean approach helps you to determine if your business idea is a viable one. If you get to the minimum viable product (MVP) stage, applying what you’ve learned from testing and feedback means you can avoid startup failure; typically, 10% fail in their first year.
You’ll deliver more value to customers - As you gather feedback from your customers and implement it, it shows you’re determined to meet their needs, which builds loyalty and trust.
You’ll save time and money - As you’re able to see what’s working and what isn’t, you’ll be able to eliminate wasted efforts and cash on things that don’t work.
Let’s explore the 3 steps to building a successful startup using lean methodology in more detail.
The build phase: find your startup idea and write a business plan
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