Start Thinking LEANfor a startup, and yourself

Kevin Huang

Managing Director

Yggdrasil Inc.

Agenda

• Why am I here?

• Why are you here?

• What is Lean startup?

• Why now? What is Disruptive

• Entrepreneurship is management

• All about Lean – Pivot - Validated learning

– Build – Measure – Learn

– Innovation accounting

Explorer試試味想創業• Got an idea

• Watch and Learn

• Asking Questions

• Networking

Doer 趁熱食創業中• Startup founder in

action

• Building a product, a plan, a team

• Looking for help

Enthusiast 食上癮創業人• Series

entrepreneur or run a startup for over 2 years

• Willing to help

Why are you here?

• Want to get ‘Lean’? Or want to learn ‘Startup’?

– Think a lot and do little

– Risk averse

– Process is over-burned

– Planning is overrated

– From Sales to Marketing

– From Trading to Product

Want to make a new product?

• Make A LOT of money

• Change the world

• Predict the Future

BUT:

• 9/10 Products fail

• 66% drastically

Change their original plan

Lean startup is…

• Jumping into the water, and surf

• Get out of the building!

• Learn (Customer) – Build (MVP)– Measure (Data)

• Agile development +

customer development

• A path to a plan that

Works!

What is Disruptive?

This is Disruptive

Why now?

• Disruptive Technology

– Smart Phone / Mobile device

– Cloud computing

– Big data

– 3D Printing

• Old problem, new solutions

– Need of Communication

Phone Mobile Phone Skype

Pager SMS What’s App

What’s your experience with product development?

Gratitude goes to…

• Steve Blank

• Eric Ries

Shanghai

• Enterprise

• R&D

Hong Kong

• Consulting

• VC Relation

• Startup

New York

• Research

• New Media

Thank You!

To learn more, visit http://www.yggdrasil.asiaEmail: info@yggdrasil.asia