Abstract
Good business ideas can still fail to result in success when they are introduced into the market because it may not be the appropriate time or place to introduce them (Gulati, R., & Sawhney, V. (2019). Why your startup won’t last. Harvard Business Review. https://hbr.org/2019/12/why-your-startup-wont-last.). Most startups fail upon contact with consumers.
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Notes
- 1.
There are four major categories of risks: market, capital, technological and team. The riskiest one is the one who poses the immediate threat for the business.
- 2.
Scrum method states that tasks/projects progress through sprints, which supposed to be its heartbeat. A sprint is a set period of time in which the scrum or agile team must complete the assigned task(s).
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Pauceanu, A.M. (2023). Lean Startup Methods and Lean Philosophy. In: Innovation, Innovators and Business. Palgrave Macmillan, Singapore. https://doi.org/10.1007/978-981-19-7408-3_5
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