Lean startup workshop   business model generation - northfront 26mar14
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Lean startup workshop business model generation - northfront 26mar14

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Lean Startup tools with BoomStartup & Northfront Entrepreneurs Alliance

Lean Startup tools with BoomStartup & Northfront Entrepreneurs Alliance

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Lean startup workshop   business model generation - northfront 26mar14 Lean startup workshop business model generation - northfront 26mar14 Presentation Transcript

  • Robb Kunz, Co-founder BoomStartup @robbkunz http://about.me/robbkunz More startups fail from a lack of customers than from a failure of product development... Lean Startup Workshop Business Model Generation
  •  Ideas: Valueless, Effortless, Not Executable  Business Plans: Rarely Right, Go Out of Date, Rarely Executed - Go On the Shelf  Product: “Build It and They Will Come”  Markets Dynamics Have Changed Improved Technology Economics, New Startup Processes, Better Access To Funding, Social... What The Problem?
  •  Lean, ...to reduce wastage  Startup, a set of processes and tools used by entrepreneurs to develop products and markets  Validated Learning Through Customer Discovery, Experiments, and Customer-driven Development...that is measured through iteration. What Is Lean Startup?
  • Market Research The “New” Way Business Model Generation / Validation MVP for Adoption Minimal Viable Product (MVP) Usage 10-12 Clients Idea? MVP for Revenue Month 1 Month 2, 3 & 4 Month 5 Month 6 ATTRACT INTERACT TRAN$ACT + Problem + Solution
  • Develop Your Hypotheses
  • What Is Validated Learning? - LeanLaunchLab - Google Analytics - MixPanel Define Goals & Metrics Why?
  •  Paper Template: http://www.businessmodelgeneration.com/  Launch Pad Central: https://www.launchpadcentral.com  LeanKit: http://leankit.com/  https://strategyzer.com/app https://itunes.apple.com/us/app/business-model-toolbox/id Lean Launch Lab: https://www.leanlaunchlab.com/ Tools and Solutions
  • “Lets Get Hands On and Build A Business Model”
  •  Try mobilize a Mentor to help facilitate discussions  Bring all founders / key players together in person  Limit sessions to 2 hours max ---> BREAK IT  Leverage online tools for easy access & updates  Produce several poster size prints for awareness  “Get out of the Office” To Validate the model  Test it on Companies that are already operating  Record Interviews / Capture Requirements Backlog  Plan, Measure and Revise – Continous Iteration Tricks & Traps for Business Model
  •  Lean Startup / Business Model Books
  • Google: “How to build a startup”
  • Questions? Robb Kunz, Co-founder BoomStartup @robbkunz http://about.me/robbkunz rkunz@boomstartup.com