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The Lean Startup methodology that is changing everything

The Lean Startup method has been a small revolution in the way of thinking of companies today. The concept comes from the book ‘The lean startup’ by Eric Ries, which exposes a new methodology for business development. A method with the aim of shortening development cycles and evaluating progress trying to find out what consumers want. What elements does the Lean Startup revolve around?

You may also be interested: Why study an online MBA in Digital Business?

Index of contents

  • What is Lean Startup
  • The principles of the Lean Startup method
    • At first everything is hypothetical
    • Build, measure, start over
    • Validated learning
    • Entrepreneurs can be anywhere
  • Customer Development Methodology in Startups by Steve Blank
  • An economy of entrepreneurs based on innovation
  • Where to learn more about the Lean Startup Method?

What is Lean Startup

Launching a new company, be it a technology startup, a small business or an entrepreneurial initiative within a company has always been a proposal with unpredictable results .

In recent decades, a certain formula was followed . You started writing a Business Plan, you looked for financing, you set up a team, you introduced a product and you started selling with a lot of work. In some sequence of these events you probably suffered a fatal setback. According to a report by Shikhar Ghosh, 75% of startups fail .

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The Lean Startup methodology defends that the start of any company can be made less risky. This approach favors experimentation over planning, takes into account customer feedback on intuition, revolves around the design of an iterative plan, and advocates that design comes first.

New companies are trying to improve their chances of success by following their “fail fast, learn continually” principles . It is important to point out that, in the long term, many of the successes of large companies have been thanks to the implementation of this methodology.

This new methodology does not replace the Business Plan, it simply postpones it while waiting to check the business model and its viability at present. It is in any case an exercise prior to the Business Plan . Thus, the failure rate is reduced, or at least an attempt is made to reduce.

The founders of Lean Startups begin by looking for the business model . Only after several rounds of experimentation with clients do they come up with a model that works and then they focus on execution.

The principles of the Lean Startup method

The Lean Startup method sets a pattern for companies that are being born, so that they have an agile way to grow and learn by listening to their audience . That marks the lines to follow and the points where they must pivot. This methodology is based on these basic principles:

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At first everything is hypothetical

Entrepreneurs have come to accept that all they have is a series of untested assumptions or hypotheses . Instead of writing a Business Plan, the founders should make the canvas and put everything they think there. In essence, it is a tool that allows us to see how a company creates value for them and for their clients.

A Startup goes beyond an idea or a product. The Startup is an institution that lives under a climate of uncertainty, so it needs management and an organization according to its characteristics .

Build, measure , start over

Lean Startup practices the so-called Agile development , originally coming from the software industry. It is about working hand in hand with customer development, developing the product iteratively and incrementally. In contrast to long product development cycles that presupposed understanding customer issues and needs, agile development eliminates wasted time and resources. It is the process by which startups create the minimum viable prototype to start testing.

Get out of the building and get closer to your clients and use customer development to validate the hypotheses . Interview your buyers, your partners about all the elements of the business model, including functionalities, price, distribution channels …

Startups always build the minimum viable product to elicit customer response . When they have all the input from customers, they review their proposal and the cycle begins again. Testing and redesigning the offers and making small adjustments (iterations) or if the changes are larger and more substantial we call them pivots. The difference is agility and speed .

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The Lean Startup method accepts the life of startups as a cycle consisting of three parts :

  • Building the product from the idea
  • Measure your reach
  • Learn to introduce the necessary changes or continue along the same line.

Only startups that know how to introduce and adapt quickly to change will be successful.

You may also be interested in: Crowdfunding or crowdfunding: what is it and how can I use it?

Validated learning

The Startup path is born from difficult beginnings until you learn to build a viable and sustainable business . How do you get to sustainable business? Eric Ries is clear about it: with a learning method obtained from experiments that allows entrepreneurs to test each element of their startup. Learning from results and experiences, through practice .

Steve Blank tells us that two of his students in the Stanford class had a vision to build an automatic lawn mower for commercial spaces. After talking to more than 100 clients in 10 weeks, they learned that their initial leads (golf courses) did not validate their solution.

But when they started talking to farmers, they found a spectacular demand to remove weeds from their fields in an automated way and without using chemicals. Nine months later the Startup obtained 3 million dollars of investment. The team expected to have a commercial version of the product 9 weeks later.

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Entrepreneurs can be anywhere

Possibly you know many models and have many images of the figure of the entrepreneur. The Lean Startup method defends that there are different ways of undertaking and that all of them can be valid , since the entrepreneur is one that fits this definition: “A human institution designed to create new products and services under conditions of extreme uncertainty.” 

Customer Development Methodology in Startups by Steve Blank

After decades watching hundreds of startups, Steve Blank says he has learned at least these three things:

  1. Business Plans rarely survive the first contact with customers . As Mike Tyson said “everyone has a plan until the first punch in the mouth arrives”
  2. No one, except the Venture Capitals and the Five Year Plans of the Soviet Union, takes 5 years to plan for uncertainties. These plans were generally fiction and dreaming that they were going to be carried forward was almost always a waste of time .
  3. Startups are not small versions of large companies and they do not deploy large master plans. What happens is that they quickly go from failure to failure, adapting and iterating or improving from their initial idea as they learn from customers .

During the .com period, startups operated in “stealth” mode to prevent arousing interest in the competition, exposing prototypes to customers when they already had the “beta”. The Lean Startup methodology makes these concepts obsolete because it maintains the theory that in most industries customer feedback matters more than keeping the value proposition secret .

You may also be interested in: How to be a Growth Hacker, meaning of the key profile in Startups

An economy of entrepreneurs based on innovation

For a startup to be successful, it depends on many things that a methodology cannot guarantee 100%. The only thing we can say is that using Lean methods for both Startups and existing companies you will have fewer failures than using traditional methods.

A lower failure rate has direct economic consequences that, from the point of view of existing companies, result in staff layoffs.

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The creation of an innovative economy will lead to the rapid expansion of companies and Startups that has never been more necessary than before.

In the past, startup growth was limited by 5 important factors that added to the failure rate:

1- The very high cost of obtaining the first customer and also the high cost of creating the wrong product

2-    Long development cycles

3- The limited number of people with aversion to risk

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4- The ecosystem of investors

5- The concentration of real expertise in the creation of Startups that was concentrated in the United States , mainly on the East and West coast.

The Lean approach reduces the first two limitations. New companies launch products that customers want , faster and cheaper than by traditional methods, limiting risk. The third point is supplied by training and the combination of all these things is modifying the horizon of the entrepreneur.

Where to learn more about the Lean Startup Method?

If after reading this, you are interested in continuing to learn about how to implement this methodology in your business, I recommend that you learn about the Master in Digital Business & Lean StartUp . An online and practical Master, focused on your learning, so that you can learn about the Lean StartUp method and apply it to your projects.

Master in Digital Business & Lean StartUp

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Learn from the best professionals in the digital world!

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Price prediction

Shiba Inu Forecast 2022, 2023-2024-2025-2030

The history of the Shiba Inu (SHIB) cryptocurrency is recent, it was born in August 2020 with the desire to bring innovation to the market. It is part of that new generation of token memes and has as its symbol the image of a Shiba Inu dog.

Yes, from the beginning a very ambitious roadmap has been drawn, which has attracted a very active community that today includes thousands of users. The community around the Shiba Inu project has a fundamental role in its development in the medium and long term.

SHIB is a reality that can offer a lot, it is still under construction and for this reason many features are to be experienced. Among the most interesting is ShibaSwap, which is a DEX that will allow SHIB to enter the sector of decentralized economy. This shows that the project is very ambitious and that it wants to create practical purposes.

ShibaSwap will allow users to exchange SHIB and other tokens by facilitating transactions. Although Shiba Inu is a cryptocurrency with a history that is still too recent, it can still be considered a very secure cryptocurrency thanks to the fact that it is hosted on the Ethereum blockchain. So let’s now see what the forecasts are for Shiba Inu in the coming months and years. Instead, as far as prices are concerned, from 2022 onwards, anything could happen. We expect Shiba Inu to continue to grow thanks to the likely burn associated with NFT.

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Shiba Inu Coin Forecast 2022-2030

Shiba Inu Forecast 2022
Bulls: $0.0000800

Shiba Inu Forecast 2023
Bullish: 0.00009000 – 0.0001 $

Shiba Inu Forecast 2024-2025
Bullish: $0.0002 and $0.0003

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Shiba Inu Forecast 2022

The Shiba Inu token has seen tremendous growth in early 2021. Industry professionals know how much the hype of the community makes the difference in the rise of this cryptocurrency, but the SHIB is continuing to attract new users and consolidate the holders, the users who plan to hold it for the medium and long term.

All this contributes to positively influencing the price of Shiba Inu and the community that is consolidating around this project, supporting it vigorously also on social media. This should continue to stimulate its growth in the coming months of 2022. In this perspective, the formalization of the ShibaSwap function in the cryptocurrency ecosystem also affects. Experts estimate growth by the end of 2022 to a maximum value of $0.00008000.

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Shiba Inu Forecast 2022
Bulls: $0.00008000

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Shiba Inu Forecast 2023

This new CRYPTOCURRENCY SHIB is attracting the attention of investors around the world, many experts predict its rise in the medium term. The community around this project is definitely what makes the difference compared to competitors.

Although there is a calculated risk, it can be considered a good investment to diversify investments, even for those who do not like to risk much. According to experts, over an average period of time it is possible to predict an increase compared to the current value with a maximum target of $ 0.00009000 by the end of 2022 to arrive at the end of 2023 at a maximum target of about $ 0.0001.

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Shiba Inu Forecast 2022-2023
Bullish: 0.00009000 – 0.0001 $

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eToro: Sign up – or try the Demo Account

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Shiba Inu Forecasts 2024-2025

The hype of the moment around Shiba Inu could wane, the token memes could only be the result of a momentary fashion and this is to be kept in mind if you decide to invest in SHIB. However, the community that supports it is one of its greatest strengths and this should not be underestimated for long-term investments.

The program to turn Shiba Inu into a utility token could even increase its hype by linking its value to its usefulness. In fact, if ShibaSwap should become a prevalent function, those who invest in SHIB today will find themselves in the long term to have a nice portfolio.

The fact that SHIB still has a lot of its potential to explore intrigues many investors, especially the more adventurous ones who want to bet on ambitious realities. Analysts assume that at the end of 2025 Shiba Inu will reach its maximum value between about $ 0.002 and $ 0.0003.

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Shiba Inu Forecast 2024-2025
Bullish: $0.0002 and $0.0003

Best Broker for Shiba Inu
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Best Exchange for Shiba Inu
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How to invest in Shiba Inu cryptocurrency?

  • Buy Shiba Inu with eToro
  • Buy Shiba Inu with Binance

Buy Shiba Inu with eToro

For those who decide to buy SHIB there is the great advantage of being able to do it through eToro (here for the official website), brokers among the favorites of both more experienced and novice users. eToro has included Shiba Inu in the market since its launch, demonstrating a great focus on the most innovative and emerging cryptocurrencies.

Within the panorama of brokers eToro is one of the most appreciated and recommended for several reasons, such as the presence of additional services such as CopyTrading, which allows especially less experienced users to be able to observe and copy the investments of successful traders.

The features of eToro can be tested thanks to a demo account (open it immediately by clicking here), this opportunity is very appreciated by the people of novice investors who train to test the services of this online broker and their capabilities

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  • Commissions: 0.1% to 0.4%
  • Available Cryptocurrencies: 100 (including Shiba Inu)
  • Minimum Deposit: $50

Buy Shiba Inu with Binance

Binance (here for the official website) was among the first exchanges to include SHIB. Surely this has given greater vigor to the cryptocurrency, in fact for Shiba Inu being included in the list of cryptocurrencies available on Binance means guaranteeing greater security to users who decide to invest.

Binance is a reliable, easy and intuitive platform that allows you to trade with very low commissions. Even for less experienced users, opening an exchange account on Binance takes very little time, so you can start investing in a few minutes and manage your exchange portfolio conveniently through a free downloadable application.

  • Commissions: 0.1%
  • Available Cryptocurrencies: 170 ( including Shiba Inu )
  • Minimum Deposit: 1 €

To conclude, we recommend some guides that may be useful to you if you are interested in the Shiba Inu (SHIB) cryptocurrency:

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Price prediction

Ethereum 2022 Forecasts, 2023-2024-2025-2030

Many Ethereum investors are wondering in which direction the stock market will move in the future, and within this article, we will gather as much information as possible in order to provide reliable Ethereum forecasts. In fact, it is possible to make completely realistic predictions through the detailed analysis of what has happened to the Ethereum market so far, so as to guide investments in the right direction. It seems logical to warn that all possible predictions are, in fact, predictions, since there is no real certainty about what will happen.

The current situation of Ethereum

Ethereum closed the year 2020 with a value of 387 dollars and a capitalization of 43 billion dollars; subsequently this price has undergone a real surge exceeding 3000 dollars and a capitalization of 400 billion dollars. This great growth has been associated by many with the positive trend that Bitcoin has invested, while others see the two cryptocurrencies separately both in substance and in future growth.

Technical analysis of indicators

An idea about the future of Ethereum can be explained through the technical analysis of the major market indicators: the moving average and oscillators. Looking at the first value, it can well be concluded that investors currently maintain great confidence in cryptocurrencies, to such an extent that they advise to continue the purchase trand waiting for a further rise in prices; as far as oscillators are concerned, the discourse becomes different: not all investors are optimistic and some advise to wait in order to possibly examine the possibility of selling.

If you have not yet invested in Ethereum, you may have one of the last chances, in fact the forecasts see a possible growth in its value throughout 2022. So if you don’t want to stay out of the Ethereum race, open an account on eToro right away by clicking the link below

Ethereum forecasts for the coming years

The answer to this question is the result of a series of determinations to be faced: the ability to analyze risks, that is, the awareness that investing in cryptocurrencies can always be considered a tangible risk of losing the share that has been invested; the detailed analysis of moving averages and oscillators which can provide further details on the actions to be taken; the market trend, which must be followed specifically, especially at the end of the pandemic. In general, it can be said that investing in Ethereum is worthwhile, it is a testimony to this, to describe or below what are the forecasts for this cryptocurrency in the short and long term.

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Ethereum 2022 Forecast
Bullish: $5000

Ethereum 2023 Forecast
Bullish: 6000 – 8000 $

Ethereum Prediction 2024-2025
Bullish: 10000 – 12000 $

Best Broker for Ethereum
eToro: Sign up – or try the Demo Account

Best Exchange for Ethereum
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Ethereum 2022 Forecasts

The best investment platforms consider Ethereum a rather safe cryptocurrency: in general, they do not expect the stock to close the year 2022 with a value lower than that currently achieved. eToro, the best broker, claims that the value of Ethereum will settle at $ 5000 by the end of the year and this forecast, in particular, appears as the safest since it respects the performance of the stock during the year.

Ethereum 2022 Forecast
Bullish: $5000

Best Broker for Ethereum
eToro: Sign up – or try the Demo Account

Best Exchange for Ethereum
Binance: Sign Up

Ethereum 2023 Forecasts

Even in the long term this cryptocurrency should give great satisfaction to its investors: it should in fact reach the values of 5000 and 6000 dollars respectively in 2022 and 2023, continuing the positive trend that began in 2021. The idea about these predictions is based on the history of the value of the major competitor, namely Bitcoin, which would go hand in hand with that of Ethereum.

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Ethereum 2023 Forecast
Bullish:6000 – 8000 $

Best Broker for Ethereum
eToro: Sign up – or try the Demo Account

Best Exchange for Ethereum
Binance: Sign Up

Ethereum Predictions 2024-2025

Net of new cryptocurrencies still unknown to the stock market, even for the two years described above there should be remarkably rosy forecasts: the value of the cryptocurrency should reach unprecedented shares. Even for this very long-term forecast, the value of the cryptocurrency should exceed expectations for investors, as the market will increasingly value this stock.

Ethereum Prediction 2024-2025
Bullish: 10000 – 12000 $

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Best Broker for Ethereum
eToro: Sign up – or try the Demo Account

Best Exchange for Ethereum
Binance: Sign Up

How to invest in ethereum cryptocurrency ?

  • Buy Ethereum with eToro
  • Buy Ethereum with Binance

Buy Ethereum with eToro

eToro (here for the official website) is one of the most complete broker platforms currently on the market: with a choice of over 100 cryptocurrencies always expanding, the possibility of investing in some shares with zero commissions, a minimum deposit of 50 dollars and different payment methods with many important circuits.

eToro is safe for its investors: the platform has been adequately analyzed by all the control bodies of the countries where it operates, in fact in Italy it has been analyzed and approved by CONSOB. Another important feature is to allow new members to open a demo account, so as to start taking their first steps in the world of investing without risking their deposit.

Once you are ready and you have perfectly understood what the mechanisms behind online trading are, then you can complete the registration and enter the first deposit directly from the details of your credit card.

  • Commissions: 0.1% to 0.4%
  • Available Cryptocurrencies: 100 ( including Ethereum )
  • Minimum Deposit: $50

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Price prediction

Crypto Celsius Forecast (CEL) 2022, 2023-2024-2025-2030

The world of cryptocurrencies is rapidly expanding more and more, allowing you to carry out many advantageous trading operations even to those who are not an expert in the field of finance and investments.

Among the cryptocurrencies that are taking hold the most, Celsius should undoubtedly be mentioned: its official name is Celsius Network, and allows registered users (it should be emphasized that registration takes place totally free) to borrow or lend blockchain assets to other users.

Crypto Celsius forecasts until 2030

Celsius Forecast 2022
Bullish: 5 – 6 $

Celsius Forecast 2023
Bullish: $8 – $10

Celsius Forecast 2024-2025
Bullish: $14 – $16

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Best Broker for Celsius
eToro: Sign up – or try the Demo Account

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Being able to make a truthful prediction about the possible trend of cryptocurrencies in future periods is always extremely complicated: these are in fact trends whose fluctuations are based on a very large number of different factors that interact simultaneously. However, rough estimates can be made, going to predict possible trends in general.

During this year and next, so it could be said over the two-year period 2022-2023, experts in the sector predict that Celsius will record a slow but steady growth, thus going to generate a good margin of income for those who decide to invest in this crypto.

The following period could cause a slight setback: it is on average highly likely that a period of slowdown or even decline will be observed, following one of constant increase. However, these are not worrying estimates: it should be a completely “physiological” decline, which will in no way have a financially negative effect on those who have made investments in this area.

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The years that will elapse between 2025 and 2030, still very far away, perhaps too far away for any forecast to have a good margin of truthfulness, still suggest a new gradual ascent, which will therefore bring appreciable benefits to investors.

Best Platform to Invest in Crypto Celsius

The platforms dedicated to the trading of cryptocurrencies are increasingly numerous and efficient. However, to keep yourself safe from any kind of potential risk and have the opportunity to make investments exclusively in a completely safe way, it is of fundamental importance to choose with great care and attention the platform on which you are going to move.
The safest currently available on the web are eToro, binance, coinbase and crypto.com.

It is absolutely advisable to choose one of these platforms also for the purchase of the Celsius crypto: in this way, you can be sure to guarantee a good profit margin thanks to your investments, without taking any kind of risk and always acting in total reliability and security.

The choice of the platform on which you decide to make your investments is a fundamental operation to keep yourself safe from any potential scam or problem related to the insertion of sensitive data on the network. So here are the key features of the best platforms:

Buy Celsius with eToro

eToro, one of the most famous platforms for buying and selling cryptocurrencies, allows all its users to make trades without paying commissions. Withdrawals and deposits can be made directly from your personal account via one of the methods authorized at the time of registration: in most cases, it is the credit card.

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The minimum deposit required by eToro amounts to 50 Euros, in addition the cryptocurrencies currently available on this platform are 48.

Buy Celsius with Binance

Binance is the second most reliable platform we want to recommend. The minimum deposit that this platform requires to start investing amounts to just 10 Euros, the sore point is instead represented by the commissions, which vary in percentage according to the type of operation carried out and the value of the amount in question.

Making deposit and withdrawal operations on Binance is quite simple: it is in fact only necessary to enter your wallet and then click on the button corresponding to the operation you want to perform. The cryptocurrencies available on Binance are over a hundred, the range is therefore remarkably wide, suitable for the needs of each investor.

Buy Celsius with Coinbase

Coinbase is another of the best platforms. With only 10 Euros, the minimum deposit required, you can start investing, choosing from over one hundred different cryptos. The fees amount to just 1% if the payment is made by bank transfer, while for payments by credit / debit cards it rises to 3.99%.

Buy Celsius with Crypto.com

Crypto.com is another of the most serious and reliable platforms. It requires a minimum initial deposit of 100 CRO, and the fees on its trades are variable, but both average around 0.1%.

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To make deposit or withdrawal operations, you enter your wallet, click on the “balances” button and then on the button corresponding to the operation you want to perform. The choice between the available cryptocurrencies is very wide: the range amounts to a number of more than a hundred.

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