What methodology emphasizes rapid experiments and learning?

The Lean Startup methodology is designed specifically to handle uncertainty in the development of new products and businesses. It emphasizes the importance of rapid experimentation, customer feedback, and iterating on the product based on what is learned during these experiments. This approach allows startups to quickly test their assumptions about the market and customer needs, enabling them to pivot or refine their solutions accordingly without investing heavily in unvalidated ideas.

Lean Startup encourages frequent testing of hypotheses through Minimum Viable Products (MVPs), which are simplified versions of a product designed to gather maximum validated learning while minimizing the resources expended. By focusing on learning quickly, entrepreneurs can avoid the pitfalls of building products that do not align with market demands, thereby increasing their chances of success.

In contrast, Agile Development focuses on iterative development and collaboration within teams rather than the overall market validation aspect emphasized by Lean Startup. Six Sigma is oriented towards process improvement and quality management, primarily used in manufacturing and operational contexts. The Waterfall Model follows a sequential design process and does not accommodate iterative learning, making it less suitable for the rapid experimentation that is central to the Lean Startup methodology.