[075/100] Building Storebloc: A Case Study in Lean Startup Methodology

by Oct 28, 2024100 video / 100 days0 comments

This episode is a recording of a weekly mastermind session between Nicolas Thành and Chris, two entrepreneurs based in Vietnam, discussing their approaches to business growth.

00:00 Introductions and Goals of the Mastermind
04:36 The Lean Method and Its Benefits
06:36 Real-world Applications of the Lean Method
12:45 Challenges of Fundraising and Importance of Customer Focus
15:31 The Genesis of Storebloc and Its Problem-Solving Approach
21:27 The Power of Simplicity and the KISS Principle
27:10 Overcoming Roadblocks and the Importance of Accountability
28:15 Conclusion & invitation to our next mastermind sessions

Chris Gutierrez, a startup founder, advocates for the Lean Method – a strategy of taking small, iterative steps to build and launch a product or service. This method, unlike the traditional business model of planning everything in advance, emphasizes rapid prototyping and user feedback, which helps entrepreneurs avoid wasting time and resources on features that customers may not value.

Both Nico and Chris believe that entrepreneurs should focus on solving real customer problems and building their product with those users in mind, rather than seeking investors first. They both acknowledge that entrepreneurship is often a lonely and challenging path, but they also believe that mastermind groups, where entrepreneurs can support and challenge each other, can be invaluable for overcoming procrastination and staying motivated.

#leanmethod #buildinginpublic #mastermind #entrepreneurstalk #vulnerable #scaling #gettingstarted #stepbystep

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