Eric Ries debunks the myths of Lean Startup Methodology where he highlights the underlying four points: Lean Startup is NOT synonymous to cheap Lean Startup is NOT only for Web 2.0/internet/consumer software companies Lean Startup is NOT only for small bootstrapped startups Lean Startup does NOT replace vision with data or customer feedback In the past year or so, after having conducted multiple workshops, I came across a few more misconceptions that entrepreneurs have about the Lean Startup methodology. Here is my attempt to articulate them:
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