Running Lean: Iterate from Plan A to a Plan That Works by Ash Maurya
Running Lean: Iterate from Plan A to a Plan That Works by Ash Maurya is a book that provides entrepreneurs, startup founders, and small business owners with practical strategies for creating successful products and services that can stand the test of time and customer demand. In it, Maurya explains how to identify and understand customer needs, develop a customer acquisition strategy, and create a working business plan and model. Running Lean is targeted at those new to the business world and looking for guidance in creating a successful venture.
The book begins by offering an introduction to what it takes to build a successful business. Maurya defines the Lean Startup approach, which focuses on building only what is necessary and learning customer requirements as the business grows. He then focuses on the importance of customer discovery, describing the key steps to uncovering and understanding customer needs, including customer interviews and surveys.
Maurya then dives into the heart of Running Lean, which is the Lean Canvas. This seven-block model helps entrepreneurs manage customer development and identify potential pivot points in the business. He provides detailed instructions on how to create and manage the Lean Canvas, and highlights the importance of quickly assessing customer feedback and needs to identify what matters most to customers and make adjustments accordingly.
In the following chapters, Maurya covers other aspects of running a successful business. He explains the different stages of a business and how to structure a customer acquisition strategy, including pricing and channels. He also looks at creating a business plan, marketing strategy, minimum viable product, and working roadmap as ways to ensure progress and success.
The book ends with “Going Lean”—a guide on how to apply the Lean Startup principles to an existing business and how to use the Lean Canvas to manage customer development and make necessary changes. Maurya also offers guidance on how to keep customers engaged and provides methods to measure the business’s progress.
Overall, Running Lean: Iterate from Plan A to a Plan That Works is an invaluable resource for those looking to launch a successful business. Maurya provides practical advice backed by examples and case studies that makes the lean startup approach applicable to any budding entrepreneur. With this book in hand, anyone will be able to run a leaner, more successful business.