Lean Startup Does Not Mean Cheap

I'm getting tired of all of these organizations, startups and companies saying they're running 'lean startup,' when they mean they're firing people or being cheap. I argue in the post that Lean Startup does NOT mean cheap or bootstrapped.

It's not just startups that have this problem with Lean management. I've told a few clients in more traditional industries that they were confusing "lean" and "thin." Lean is about efficiency, continuous improvement, and learning as an organization - not budget and headcount minimization.