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The Innovator's Hypothesis

How Cheap Experiments Are Worth More than Good Ideas
Summary:

The book advocates for the approach of conducting quick, inexpensive experiments to test new business ideas and innovations, rather than relying solely on expert intuition or extensive planning. It emphasizes the value of learning through experimentation and adapting based on empirical results to drive innovation and business success.

Key points:

1. 5x5x5 Innovation Model: A team of 5 gets $5,000 and 5 weeks to test an idea, promoting quick, hands-on learning over detailed planning.

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