As You Consider Building Your Own Minimum

Learning To See Waste And Systematically Eliminate It Has Allowed Lean Companies Such As Toyota To Dominate Entire Industries. Lean Thinking Defines Value As 'providing Benefit To The Customer'; Anything Else Is Waste.

A Start Up Is An Institution Designed To Thrive In The Soil Of Extreme Uncertainty

Most Start-up Companies Fail And It Is Smart Public Policy To Help Entrepreneurs Increase Their Odds Of Succeeding. But, The Biggest Loss To Our Economy Is Not All The Start-ups That Didn't Make It: It's The Ones That Might Have Been Created But Weren't.

We Need To Reengineer Companies To Focus On Figuring Out Who The Customer Is, What's The Market And What Kind Of Product You Should Build.

Entrepreneurs Can't Forecast Accurately, Because They Are Trying Something Fundamentally New. So They Will Often Be Laughably Behind Plan - And On The Brink Of Success.