- Deliberately define 'Leap of Faith' Assumptions.
- Apply the Build-Measure-Learn construct with pre-planned Pivot meetings.
- Shrink your batch size to improve efficiency and extend the runway.
The latest edition of LiDAR News is out. I contributed an article espousing some of the lessons learned from Eric Ries' bestseller The Lean Startup. While the book's principles certainly lend themselves best to web-based software products, there is plenty that can be applied to those having significant hardware elements. The three best practices I highlight are: