![]() Taking a shorter period helps the creator to quickly determine whether to proceed with the business model or abandon it.įurther, businesses that opt for the lean startup method focuses on two elements, namely developing the product and collecting customer feedback. Still, it’s a lengthy process.Įric Ries, on the other hand, introduced the lean startup methodology which helps businesses to develop products in a short period. It also prepares them on what to expect when they open the doors to their businesses. ![]() Although these processes are time-consuming and expensive they help these entrepreneurs to test waters. ![]() Aspiring Entrepreneurs get excited when researching and testing their ideas months before launching their business. ![]()
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