By Philip Chun
Guest lecturer speaks at Techyizu’s lean startup machine
Last weekend, Techyizu hosted the first ever Lean Startup Machine (LSM for short) workshop in Shanghai. Techyizu is a Shanghai based organization run entirely by volunteers who plan events related to technology, entrepreneurship, and social innovation. LSM registration was capped at 80 people which filled up within an hour of sign-ups going live.
The 3 day event was kicked off at People Squared‘s Yanping Attic. A representative from Lean Startup Machine flew in from America to teach techniques that would help startups ultimately validate a product. The over 80 participants were told:
“The Lean Startup provides a scientific approach to creating and managing startups and get a desired product to customers’ hands faster. The Lean Startup method teaches you how to drive a startup- how to steer, when to turn, and when to persevere-and grow a business with maximum acceleration. It is a principled approach to new product development.”
After the orientation, participants had 50 seconds to pitch a potential startup idea to work on over the weekend and choose teams. Over the next 2 days participants had the chance to listen to many experts who were invited to speak on their experiences with lean startups as well as apply what they learned to the projects they had chosen. On the final day, teams headed over to Transist Impact Lab’s office to pitch their product to a panel of judges who critiqued them on how well they followed the LSM process. Given the huge success that the LSM event garnered it is clear that this will not the be last we’ve seen of this event in Shanghai.