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The Hardware Entrepreneur

#066 - How to apply lean startup principles to hardware, with Ash Maurya of Leanstack, USA

Jan 16, 2019
Ash Maurya, a pioneer of the lean startup framework, discusses applying lean principles to hardware innovation. He shares examples of successful companies, strategies for speed, and the three stages of Lean Startup. Topics also include Apple's innovation, problem-solution fit, and cultural nuances in innovation.
41:29

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Starting with problems over solutions is crucial in Lean Startup for hardware development.
  • Speed of learning and implementation gives hardware startups a competitive edge by moving faster than competitors.

Deep dives

Evolution of Building Products

Building products has become easier but determining what to build remains the challenge. The Lean Startup concepts arose in response to the need for operating with limited resources and mitigating risks, especially post-financial crisis. Understanding the importance of starting with problems rather than solutions, validating assumptions, and focusing on finding the right market before investing resources are key takeaways.

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