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Books by Ash Maurya

Ash Maurya is the author of the internationally bestselling "Running Lean" and the creator of the one-page "Lean Canvas" business modeling tool. Ash is commended for offering some of the best and most practical advice to entrepreneurs and entrepreneurs around the world. Driven by the search for better and faster ways to build successful products, Ash has developed a systematic methodology to increase the chances of success built with the Lean Startup, Customer Development, and Bootstrapping techniques. Ash is also a leading business blogger, and his posts and advice have been featured in the magazine Inc., Forbes, and Fortune. He regularly lectures in crowded workshops around the world and serves as a mentor for multiple accelerators, including TechStars, MaRS, Capital Factory and guest speakers at various universities including MIT, Harvard, and UT Austin. Ash serves on the advisory board of many startups and consulted new and established companies.

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Book cover of Running Lean by Ash Maurya — critical summary review on 12min

Running Lean

Ash Maurya

To reach the product/market fit, that is, having a product that people want and that you can sell is the primary objective, and it comes through quantitative validation. For recurring goods and subscriptions, you have some traction when you can retain at least 40% of your active users month after month. Ash recommends that you use the test of the great marketing professional Sean Ellis, who helped companies like Dropbox scale up and reach millions of users. The test is simple. In your product, ask the users "How disappointed would you be if you could not use our product anymore?" With answer options: Very disappointed, a little disappointed, not disappointed. If more than 40% of people say they would be very disappointed, there is a good chance that you will be able to build a scalable machine for growth and customer acquisition.

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