Fail fast, fail forward

FEAR OF FAILURE HAS PREVENTED MANY AN ENTREPRENEUR OR INVENTOR BRINGING THEIR GENIUS IDEA TO MARKET. THE SAME WITH ORGANISATIONS... HOW CAN THE RISK BE MANAGED?
The hacker ethos is built around a model of build fast and dirty, test then iterate. This methodology enables risk to be diverted into small manageable sections. If something doesn’t work, throw it away and pivot.

iterationwheel.png

HACK - ITERATE - MOD - PRODUCT
Iterative periods of development with stakeholders and users around the MVP (Minimum Viable Product) mod process to product, reduces risk and increases engagement.