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Lean entrepreneurship is a holistic strategy, injecting a competitive edge into business development for sustained success and market leadership. It hinges on lean thinking, culture, risk management, innovation accounting, respect for people, and continuous improvement. At its core, lean entrepreneurship prioritizes cost reduction, waste management, speed, and customer satisfaction. This discussion delves into key aspects such as lean startup methodologies, lean accounting, green entrepreneurship, products, innovation, consignment inventory, procurement, value creation, and wealth generation. The study also navigates lean approaches for reorder levels, economic order quantity, supply chain management, new enterprise creation, and sustainable development goals (SDGs). E-procurement and process optimization are pivotal for entrepreneurs, streamlined through the principles of lean entrepreneurship. This integrated approach transforms businesses, fostering efficiency, sustainability, and a customer-centric focus.
To become a champion in the field of entrepreneurship is the arc and crux of discussion by individual, enterprise, non-governmental agency and academic institutions. The crux of discussion is always centre on how to be champion amidst sustainability, survival and success in the business world where there exist factors mitigating the enterprise such as recklessness, turbulence, pandemic, dynamism and competitive parity. Entrepreneur and intrepreneur faces storm to cope in the business world with the aim to achieve the purpose, vision, mission, dreams and entrepreneurial journey with burning passion as fire. Hence, to become a start-up champion the discussion ironed out simplified possible remedies by harmonizing light entrepreneurship and customer funded business model. The light entrepreneurship prediction was with the light bulb entrepreneurship, light social entrepreneurship and light rainbow entrepreneurship. Whereas the criterion, customer funded business was fine-tuned based on the discovery of John Mullin.Additionally, the context of paradigm discussion considers relational social capital, yin yang philosophy, eagle dynamics and SWOT Analysis.
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