How do you know if your idea will work, without burning through all your time and money? To solve this problem, many nonprofits are turning to the “lean startup” approach, which emphasizes flexibility, pragmatism, and experimentation. The method, pioneered by entrepreneurs such as Steve Blank, allows organizations to learn as quickly as they can about what works, so that they can build and scale successful programs while avoiding huge up-front investments that might lead in the wrong direction.
In this podcast, Blank and fellow author-entrepreneur Giff Constable lead a discussion of the lean process at our 2015 Nonprofit Management Institute. Chase Adam, founder of global healthcare crowdfunding platform Watsi, and Alethea Hannemann, who formerly served as vice president of product and national programs at the Taproot Foundation, share their personal experiences with the methodology.