Chapter 3 of 8

Chapter 3: Innovation Accounting – The Dashboard of the Founder Foundation

Measuring progress with Validated Learning, Learning Velocity, and IRL Levels.

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Works Cited & Recommended Reading
Lean Startup Methodology
  • 1. Methodology - The Lean Startup. The Lean Startup
  • 2. What the Father of Lean Startup Thinks You Need to Start Up. Entrepreneur
  • 3. Status of the Lean Startup Methodology (2021): From Theoretical Foundations to Practice Experience. Hilaris Publisher
Founder Psychology & Resilience
  • 4. Can you measure entrepreneurial resilience? A framework for founder characteristics. Insignia Ventures
  • 5. Entrepreneurial resilience, a key soft skill to develop in a crisis situation. ULM Digital Repository
Cognitive Biases & Decision Making
  • 6. The Assessment of Biases in Cognition. MITRE
  • 7. Cognitive biases in entrepreneurship: a research report. Ness Labs
  • 8. 5 Most Common Entrepreneurial Cognitive Biases. StartUs Magazine
  • 9. Entrepreneur Cognitive Bias: 7 Biases That Kill Startups. Founder Institute
  • 10. Avoiding Founder Bias: 17 Traps That Kill Good Products. DevSquad
  • 11. How the sunk cost fallacy influences our decisions. Asana
  • 12. The Sunk Cost Fallacy. The Decision Lab
  • 13. How Biases Can Color Entrepreneurial Decision-Making. The Decision Lab
  • 14. Confirmation Bias in Product Management (And How to Avoid It). Amplitude
Javelin Experiment Board
  • 15. Javelin Experiment Board. BIGJUMP
  • 16. Complete the Javelin Board and Speak with Your First Customers. Connor Gillivan
  • 17. Why Lean Startup Experiments are Hard to Design. Lean.org
  • 18. Pivot, Patch, or Persevere (I Patched the Lean Startup). Medium
Strategyzer Test & Learning Cards
Innovation Accounting
  • 24. What is Innovation Accounting? 25 metrics to get started. GroundControl
  • 25. Experiment Velocity vs. Learning Velocity. Medium
  • 26. Lean Startup's Innovation Accounting Template is a Game-Changer. Praxie
  • 27. Innovation Accounting for Lean Startup: 15 KPIs for 2025. GrowthJockey
  • 28. Levels of Innovation Metrics. Kromatic
  • 29. Principles of an Innovation Accounting System. Innovation Accounting Book
Investment Readiness Level (IRL)
  • 30. Steve Blank Investment Readiness Level. Steve Blank
  • 31. Is This Startup Ready For Investment? Steve Blank
  • 32. Is This Startup Ready For Investment? Forbes
  • 33. Lean LaunchPad - VentureWell Educators Guide. VentureWell
Sprint Planning & Operational Cadence
  • 34. Sprint planning meeting guide. Atlassian
  • 35. Templates Suck, Here's Our Lean Startup Template. Kromatic
  • 36. What is sprint planning? Here's everything you will need to know. Adobe
  • 37. Pivot or Persevere Template. Kromatic
  • 38. Early Stage Lean: Running Weekly Decision Meetings. Medium
Common Startup Failures
  • 39. 50 Startup Mistakes. And how to avoid them. Medium

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