11. Runway = # of c ycles through business model Eric Ries’ Big Idea How many pivots before the money runs out? Lean Startup Big Idea #3
12. Customer Problem Team Solution Team Validate Customer, Problem, Solution Hypotheses Build MVP Measure Usage Validate MVP Iterate Investigate Funnel Build Funnel Measure Conversions The Lean Startup A Lean Startup is a series of tests on the market, solution, and growth assumptions.
13. CustDev Meta-Rules 1) Question Your Assumptions 2) “Get Out of the Building” 3) Test & iterate
![The End of the Startup World as we know it… Lean Startup Challenge July 16, 2011 ,[object Object],[object Object],[object Object]](https://image.slidesharecdn.com/bostonlsc-110721120415-phpapp02/85/Lean-Startup-Challenge-Boston-1-320.jpg)
