The Lean Start-up

So I recently read The Lean Startup: How Constant Innovation Creates Radically Successful Businesses by Eric Ries.

the-lean-startup_50291668aa9bb

To caveat the ‘fail faster, learn faster’ mentality though – individuals should only start companies if they truly believe these businesses can create value for consumers and profitability for investors. Although there is a lot of seed money and angel investors at the moment looking to take advantage of the thriving start-up scene and promise of ‘unicorns’, I would remind people that most new businesses still fail or grow to a marginal level – therefore not returning on the initial investment.  ‘Doing A Start-up’ seems to have become an ambition or goal with the same emphasis and occurrence as ‘running a marathon’ or ‘living/studying in a foreign country’. However, owning your own business is not a tick-box off necessary millennial life experiences. It’s a lifestyle, career choice, and full commitment. So yes, Build, Measure, and Learn faster. But also be persistent, committed, and faithful to your start-up. If you plan on giving up easily, it wasn’t a business worth starting in the first place.

Eric also has a blog: http://www.startuplessonslearned.com 

 

Independent Coffee Shops – visualised by the London Tube Map

Independent Coffee Shops - visualised by the London Tube Map

Well, besides the fact that the TFL is having disruptions due to the London Tube Strike… this is a lovely graphic that showcases all the best independent coffee shops. For those that feel a little bit more spicy than a Costa, Nero, or Starbucks. There’s something about the independents that is fabulous. The inconsistent tables, the local waiters, and the foam hearts on your coffee. I’ve been to at least 10 of these coffee shops, but my all around favourite is The Oval Lounge… Why you might ask? Because I lived around the corner from the cafe on Palfrey Place. That independent coffee shop has sentimental value: I would pass it on my way to school, my flatmates and I would have sunday brunch, and they had Eggs Florentine for a Tuesday afternoon work session on one of their wooden tables.

It’s create to explore the city and look for coffee shops, but ultimately, it’s the ones nearest to you that make the biggest impact. They have convenience, consistency, sentimental value, and a “this is mine” feeling. Those small coffee shops that only fit the locals may not be a part of multi-national corporations that are changing the global business landscape, but the small ones change my Sundays and Tuesdays. Make no mistake, the local business make a BIG difference in people’s day to day life. And I for one, thank them… especially for the foam hearts.