Got a ‘great idea’ for a start-up? Planning to quit a plum job to realise your entrepreneurial dream? You’d better not jump the gun, say organisers of Lean Startup Machine, a bootcamp aimed at telling wannabes distinguish what ideas that work from those that don’t .

Founded by the Silicon Valley entrepreneur Eric Eries of the US, Lean Start up is a methodology that asks entrepreneurs to vet their ideas with stakeholders, get feedback and fine-tune the idea before going ahead with product development.

The IT landscape in India is currently witnessing a revolution of sorts in the form of start-ups. Scores of IT pros and fresh tech graduates are coming out with ‘great’ ideas and setting up start-ups in top cities. But few know that the mortality rate of start-ups is very high.

“Lean Start-up emphasises the importance of validated learning. It tells them why they should talk to the end users and find out what they want. This is about reducing risk. If you know in advance whether the end users will like a utility, you can reduce the risk of failure,” Govind Kavaturi, Founding Organiser of Lean Startup Machine in Hyderabad, told Business Line .

Lean Startup Machine is organising a conference here early next month to sensitise fledgling start-ups and stakeholders about the importance of methodology.

LSM is a product of Javelin, founded by Trevor Owens, a close associate of Eric Eries. It is a three-day intense brainstorming workshop, helping entrepreneurs and innovators build “disruptive products by using Lean methodologies”.

It, Govind argues, is not a typical start-up workshop. It is an idea validation place where people from different backgrounds come in and learn to validate their idea if they have one or join others to just learn the processes if they don’t .

LSM, on the whole, is a 48-hour immersive, educational experience, he points out.

Unlike at other start-up meets, it is not the best idea that is going to win the laurels, but the one that reshape the idea the most, based on feedback.

IT industry association of Andhra Pradesh (ITsAP) President Ramesh Loganathan and The Indus Entrepreneurs (TiE-Hyderabad) President Murali Bukkapatnam and investors Ananth Rao and Ram Nutakki will guide the teams.

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