American tech entrepreneur Eric Ries insists "Success can be engineered by following the right process."
As start-ups are a dime a dozen and such a large portion of new online businesses fail in their first year, it's easy to pass off those who do succeed as lucky.
Despite Australia being named one of the world's most vibrant start-up "eco-systems" by the Start-up Compass - Sydney and Melbourne are ranked 21st and 22nd globally - the competition vying for market share and funding is fierce. The 'lean start-up' movement provides a method for cash-strapped Aussie companies to overcome these constraints and may prove the Modus operandi required for future success stories.
As start-ups are a dime a dozen and such a large portion of new online businesses fail in their first year, it's easy to pass off those who do succeed as lucky.
Despite Australia being named one of the world's most vibrant start-up "eco-systems" by the Start-up Compass - Sydney and Melbourne are ranked 21st and 22nd globally - the competition vying for market share and funding is fierce. The 'lean start-up' movement provides a method for cash-strapped Aussie companies to overcome these constraints and may prove the Modus operandi required for future success stories.
