What is the primary focus of the Lean Startup methodology?

The Lean Startup methodology primarily focuses on experimentation and validated learning. This approach encourages entrepreneurs to build a minimum viable product (MVP) to test their assumptions about their business model in real-world conditions. By rapidly developing MVPs, startups can gather actionable feedback from customers, which allows them to tweak their products or services based on actual user experiences rather than theoretical models.

The key element here is validated learning, which signifies learning that is based on actual data derived from customer interactions, as opposed to assumptions or predictions. This systematic approach reduces the risks associated with developing new products, as it encourages a cycle of building, measuring, and learning that helps startups pivot or persevere based on real evidence of what resonates with the market. This adaptability is crucial for long-term success in the dynamic landscape of startups.

In contrast, the other options do not align with the core principles of the Lean Startup methodology. Prediction-based planning suggests a more traditional, static approach, while cost-cutting measures and market domination strategies are not central to the iterative experimentation and customer-centered focus that characterize Lean Startup practices.