“Lean is the most capital-efficient way to run a business. Lean is the never-ending process of eliminating waste: finding every activity that does not create value for the customer and eliminating it. The two greatest wastes are overproduction (making things the customer doesn’t want) and inventory (making things that aren’t used immediately).”
From the guys at Venture Hacks.
Stay tuned. I will be spend a good deal of time giving my spin on the concept of the lean startup.