In this episode, Preston and Stig are joined by their business partner, James Meirowsky, to discuss the book, The Lean Startup by Eric Ries.  This book is one of the three most referenced books in Silicon Valley for optimizing your business operations.

If you would like to read a more detailed overview of Ries’s book, please checkout our free executive summary of The Lean Startup.

In this episode, you’ll learn:

  • How to use Lean Six Sigma to optimize your processes.
  • How to use Validated Learning to develop what the customer truly wants.
  • What Innovation Accounting is and why every start-up should use it.
  • How to develop a minimum viable product, and push it out as soon as possible.
  • Why you should always ask “Why” 5 times when your company faces a problem.

Tweet your comments about this episode directly to Preston, Stig, and the rest of The Investor’s Podcast Community using #TIPMoney.

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Books and Resources Mentioned in this Podcast

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Eric Ries’s Book, The Lean Startup – Read Reviews for this book

Preston and Stig’s episode about Zero to One, a book written by billionaire Peter Theil

Preston and Stig’s episode about Zappos, a company founded by billionaire Tony Hsieh

One of Preston and Stig’s favorite blogs, Visual Capitalist


The Lean Startup by Eric Ries


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Download Preston & Stig's free stock investing checklist. Their checklist was developed after spending countless hours studying billionaires like, Warren Buffett, Carl Icahn, and Ray Dalio. With their checklist, you can find safe picks that protect and grow your principal. Additionally, Preston & Stig read a lot of books and write executive summaries for each book they finish. If you download their checklist, you will be added to their monthly e-mail list where they send their book summaries. There are never any advertisements...ever. Here's an example of one of their executive summaries, based on the book written by Billionaire Charlies Koch.