The China Startup Pulse

How to Startup, Step 1; with Trevor Owens, Co-Founder of The Lean Startup Machine

Episode Summary

Step 1: Validate your assumptions! Startups all over the world make the same mistake; they build a startup based on assumptions, with no data to validate a need. Trevor Owens, Co-Founder of the Lean Startup Machine, and author of The Lean Enterprise takes us through his winning method. His vision: "I want to create more millionaire entrepreneurs; if you really want to start a unicorn, it really helps if you already built a successful company, it really helps even more if you have a few million in your bank."

Episode Notes

Step 1: Validate your assumptions! Startups all over the world make the same mistake; they build a startup based on assumptions, with no data to validate a need. Trevor Owens, Co-Founder of the Lean Startup Machine, and author of The Lean Enterprise takes us through his winning method. His vision: "I want to create more millionaire entrepreneurs; if you really want to start a unicorn, it really helps if you already built a successful company, it really helps even more if you have a few million in your bank."

China's start-up scene is energised by top down support and heavy competition. Trevor shares his secret to help startups validate and pivot to beat the competition. The focus is on building a company which impacts your consumers life; the money is a by product, not the goal. Listen in for the lean startup method from the master himself.

Show Notes: Jump ahead to topics
2:00 Trevor Owens Intro
7:00 Invalidating ideas using the Lean Startup Method
14:00 Why Trevor has brought LSM to China and why it works so well in China
18:15 China is the only real Silicon Valley Competition
24:00 Lightning round question - How to do the method now
26:50 contact Trevor Owen direct!