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The Agile Startup: Quick and Dirty Lessons Every Entrepreneur Should Know
book

The Agile Startup: Quick and Dirty Lessons Every Entrepreneur Should Know

by Jeff Scheinrock, Matt Richter-Sand
September 2013
Beginner
368 pages
5h 56m
English
Wiley
Content preview from The Agile Startup: Quick and Dirty Lessons Every Entrepreneur Should Know

Fail Fast—and Often

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People learn best through trial and error, which is a nice way of saying that people learn through failure. Startups are no different. Let’s say, for example, you assume that the only way to make your business feasible is to sell on a mass scale through distributors. Since this assumption underpins the feasibility of your business, you have to challenge this assumption. You throw together a prototype, and start calling on distributors. After meeting with five distributors, it’s painfully obvious that there is no interest in your product. You can look at this as a massive failure. Or you can look at it as a learning experience. After all, you just figured out one way that it won’t work, and picked up a ton of info from the interviews.

It sounds crazy, but to succeed you have to fail first—and often. As David Kelly, founder of IDEO, says, “Fail faster, succeed sooner.” The chasm between reality and what you believe is often wide and deep. Only by trying something, failing, learning, and then trying again can you begin to piece together reality in the mind of the customer. Don’t worry if you fall on your face . . . it’s the best way to learn.

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ISBN: 9781118744482Purchase book