The Lean Product Playbook - Dan Olsen Test and Flashcards

“I wrote The Lean Product Playbook to fill the knowledge gaps faced by many people who want to create a product using Lean Startup principles. This book provides clear, step-by-step guidance to help you build successful products.”

“In working with so many product teams, I have witnessed the various challenges they faced and seen numerous examples of what worked well and what didn't. Over the course of this experience, I developed a framework and process for how to achieve product-market fit.”

Excerpt From: Dan Olsen. “The Lean Product Playbook.” Apple Books.

“The framework, which I call the Product-Market Fit Pyramid, breaks product-market fit down into five key components: your target customer, your customer's underserved needs, your value proposition, your feature set, and your user experience (UX).”

“Each of these is actually a testable hypothesis. There is a logical sequence to the five hypotheses based on how they relate to each other, resulting in the hierarchy shown in the pyramid ”

Excerpt From: Dan Olsen. “The Lean Product Playbook.” Apple Books.

“After developing the Product-Market Fit Pyramid, I designed a simple, iterative process to take advantage of it, called the Lean Product Process. This process guides you through each layer of the pyramid from the bottom up. It helps you articulate and test your key hypotheses for each of the five key components of product-market fit. The Lean Product Process consists of six steps:”

“1. Determine your target customers

2. Identify underserved customer needs

3. Define your value proposition

4. Specify your minimum viable product (MVP) feature set

5. Create your MVP prototype

6. Test your MVP with customers

This book describes each step of the process in detail with relevant real-world examples. I also devote a chapter to share an in-depth, end-to-end case study of the process being applied.”

Flashcards: The Lean Product Playbook - Dan Olsen