How can a new venture use the just-in-time method to grow and innovate efficiently?

Startups might face several obstacles when applying the small batch approach. These include higher costs per unit due to less economies of scale, potential delays in production if one batch has issues, and the need for more frequent quality control checks. However, these challenges can be overcome. Higher costs can be offset by the benefits of quicker feedback and the ability to make changes before large quantities are produced. Delays can be minimized by improving production processes and quality control can be streamlined with the right systems in place.

The themes of "The Lean Startup" are highly relevant to contemporary startup issues and debates. The book's emphasis on lean and efficient methods, such as the "small batch approach" and the "just-in-time" method, aligns with the current startup culture that values agility, innovation, and rapid iteration. Furthermore, the book's focus on testing and validating ideas early on is a crucial strategy for modern startups to mitigate risk and increase their chances of success.