One of the hallmarks of startup companies is learning how to create a repeatable, successful startup model. This principle is largely based on accommodating the parties that hold you accountable (such as your investors) to ensure they are comfortable with the trajectory of their investment while also navigating the constant changes required during the startup stage. Knowing when to pivot, adapt, and retool your business model or product is essential to building a sustainable startup and keeping your investors happy. While your focus as an entrepreneur is most likely to develop and distribute your product, you need to simultaneously juggle managing your company. The key is using your unique outlook and skill set to innovate an industry and challenge the status quo. Entrepreneurs come from all backgrounds, from all walks of life, and all over the world to build companies that become wildly successful. One of the most important principles to remember as an entrepreneur is you don’t need to fit a mold in order to be a successful lean startup entrepreneur. The methodology of lean startups is supported by five foundational principles that adapt the traditional startup model to help entrepreneurs build sustainable, repeatable business models.
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