Framework · 1 note · discussed by Eric Ries

Leap-of-Faith Assumptions

Every note in the archive that names Leap-of-Faith Assumptions: summaries, key takeaways and links to the original essays, episodes and posts. Ask a question below to get a cited answer from just these notes’ authors.

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Lenny’s Podcast193 min

Reflections on a movement

Eric Ries · Oct 29, 2023
Key learnings
  • Treat a startup as an experiment: state the hypothesis, identify the leap-of-faith assumptions, and design the cheapest test that…
  • An MVP is defined by the hypothesis being tested, not by a fixed level of stripped-down quality; it can be a brochure, a…
  • Quality is defined by the customer, so teams that don't know their customer can't really know what a quality bar means; get early…