Lean Startup for Consulting and Service Businesses
Starting a business is not like writing your will; you can’t plan your way into it.
The old playbook: you write a business plan, pitch it to investors, assemble a team, introduce a product, and kill yourself selling.
But, this doesn’t consider the inevitable: major failures along the way.
That’s why, according to Harvard Business School, 75% of all start-ups fail.
In Silicon Valley’s fast-paced, innovation-driven culture, *The Lean Startup* solves this common issue by reducing the risks of entrepreneurship.
How?
Well, you don’t know what people really want or what they’re willing to buy until you put something in front of them and see how they respond.
The Lean Startup encourages:
- experimentation over detailed planning
- customer feedback over gut feelings
- and iteration over extensive, up-front business proposals
Why not apply these principles to a service’s business?
The Lean approach can be even more powerful for consulting and service businesses.
Why?
Because you can launch, test, and pivot a service quicker than any digital or physical product.
Watch how you can apply more of the Lean approach to your consulting business here.