Definition:
An actionable metric is one that ties specific and repeatable actions to observed results. The opposite of actionable metrics are vanity metrics which only serve to document the current state of the product but offer no insight into how we got here or what to do next.
Further Reading:
Book: The Lean Startup by Eric Ries
Definition:
In the lean startup community, the term “Leap of Faith” is used to describe the riskiest assumptions we are making about our idea.
Lean of Faith has two Kinds of assumptions Value and Growth Hypothesis. It is crucial to understand and validate both before moving ahead with execution.
Further Reading:
Book: The Lean Startup by Eric Ries
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