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2012-07-24: Lean Canvas Pitch Template
 

2012-07-24: Lean Canvas Pitch Template

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Presentation by Dan Lemberg

Presentation by Dan Lemberg
Baltimore Lean Startup meetup
July 24, 2012

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    2012-07-24: Lean Canvas Pitch Template 2012-07-24: Lean Canvas Pitch Template Presentation Transcript

    • LEAN PITCH TEMPLATE  Dan Lemberg Bal6more Lean Startup Meetup  @bmorelean 
    • Agenda •  Our Business  –  What problems are we trying to solve?  –  Who will pay for solu6ons, and how much? •  Our Product  –  What is our solu6on, and what makes it unique?  –  Who will we be compe6ng against, and how? •  Our Execu6on Plan  –  How will we scale & deliver?  –  What funding are we looking for? 
    • Market Overview •  Ques6ons to answer:  –  What is our target market?  –  How big is it and who par6cipates in it? 
    • Business Drivers •  Ques6ons to answer:  –  What are the core things our market cares about?  –  How is the market evolving and why? 
    • Market Challenges •  Ques6ons to answer:  –  What are the core things our market cares about?  –  How is the market evolving? 
    • Impact by Segment •  Ques6ons to answer:  –  What will prospects pay to solve these  challenges?  –  How do we know that?  <‐ cri6cal!  –  If different segments will pay different amounts,  what are those segments? 
    • Solu6on Overview •  Up to five slides… but no more! •  Ques6ons to answer:  –  What does your product do?  –  What does it enable your customers to do?  –  How is your product structured?  –  How is your product deployed? 
    • Pricing Strategy •  Ques6ons to answer:  –  What components will you sell?  –  How much will you sell them for?  –  How have you validated the pricing?  <‐ cri6cal! 
    • Compe66ve Assessment •  Ques6ons to answer:  –  Who will you be going up against?  •  If nobody, that’s a red flag!  •  Compe6tors validate that a market exists  –  How are you posi6oned against them?  –  Why won’t they just copy you? 
    • Marke6ng & Sales Strategy •  Ques6ons to answer:  –  How are you going to reach the customer?  –  What does an ideal prospect look like?  •  If you can name the top 10, do so! 
    • Execu6on Plan •  Ques6ons to answer:  –  How have you structured your team?  –  How will that team structure scale? 
    • Key Dates & Metrics •  Ques6ons to answer:  –  How should your success be measured?  •  Name key dates that ac6vi6es need to occur by  •  Name key metrics that you need to meet  •  If you have mi6ga6on plans in place, name them too! 
    • Financial Plan •  Ques6ons to answer:  –  What are your cost & revenue projec6ons?  •  Nobody actually believes these, but you have to show  that you’ve thought it through  •  Remember that you need to keep sufficient credit to  keep moving forward!  Don’t cut things too close. 
    • Funding Strategy •  Ques6ons to answer:  –  How much will you need?  •  Remember that you need to keep sufficient credit to keep  moving forward!  Don’t cut things too close.  –  What are you looking to offer?  •  Ideas only – be flexible, they will tell you what they want  –  What is the end game?  •  Go public or sell out?  •  Sanity check – will your company be worth enough by that  point to return ROI to the investors? 
    • Wrap‐UP •  Ques6ons to ASK:  –  Did we answer all your ques6ons?  –  Do you have any recommenda6ons for us?