Lean Startup vs. Traditional Business Strategy

[AmandaRob]

Lean Startup vs. Traditional Business Strategy

So in The Lean Startup, strategy is presented for companies trying to bring new products to market to essentially identify and empirically test all of their assumptions in order to steer in the right direction. It mentions how the traditional business approach only works for well established and predictable models. What exactly separates them? I have an ecommerce store that I could say has some aspects of both, so what would be applicable from a traditional standpoint in terms of what could I apply that has worked before while also learning the strategies of lean testing and innovation?

submitted by /u/telescopicindulgence
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