Lean Innovation | Lean Development | Lean Startup

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Stop wasting time and money building businesses and products that people won't buy. Learn how to build a business, innovate and launch new products the LEAN way.

Published in: Business, Technology

Lean Innovation | Lean Development | Lean Startup

  1. 1. LeanInnovation Lean Development Lean Startup<br />Disrupting the status quo without risking everything.<br />By DiamondHead Strategies<br />
  2. 2. Have an idea?<br />
  3. 3. How good is it?<br />
  4. 4. I mean bet the farm good?<br />
  5. 5. You know, million dollar good?(Scalable?)<br />
  6. 6. Billion dollar good?<br />
  7. 7. You could make a business plan.<br />
  8. 8. Do the market research<br />
  9. 9. Create the product<br />
  10. 10. What if nobody wants it? <br />
  11. 11. Because that’s what usually happens…90% of the time.<br />
  12. 12. What do you mean nobody wants my product?!!<br />
  13. 13. I made a 60 page business plan<br />
  14. 14. I did the market research to find out what people wanted.<br />
  15. 15. Besides, it cost an arm and a leg to make this thing.<br />
  16. 16. Business plans are just guesses<br />They become outdated at first contact with a real customer.<br />
  17. 17. And market research? …a vague idea based on surveys.<br />
  18. 18. If Henry Ford had done market research his customers would have said they wanted a faster horse.<br />
  19. 19. Companies fail because they spend a lot of time and moneybuilding stuff nobody wants.<br />Reality<br />Idea<br />
  20. 20. They build stuff based on guesses. <br />
  21. 21. STOP it.<br />
  22. 22. Stop wasting money<br />
  23. 23. Stop wastingtime.<br />
  24. 24. Stop wasting your dreams.<br />
  25. 25. There’s another way to do this.<br />
  26. 26. A betterway<br />
  27. 27. It’s called LEAN<br />
  28. 28. Manufacturing has been using it for years.<br />
  29. 29. Only here, we apply it to new products, start ups and innovation.<br />
  30. 30. To save lots of time and piles of money.<br />
  31. 31. Lean means only doing what matters and getting rid of the rest.<br />
  32. 32. HOW?<br />
  33. 33. Learn & Discover first, fast and cheap.<br />
  34. 34. To preserve cash and learn as fast as possible. To answer…<br />
  35. 35. …just how good is thisidea?<br />
  36. 36. Q: How do I innovate my idea so that millions of people actually want it?<br />
  37. 37. What we need is a system…a LEAN system…fast, cheap and that works.<br />
  38. 38. A system that rapidly generates innovative business models<br />
  39. 39. …and rapidly tests them…cheaply.<br />
  40. 40. It exists.<br />
  41. 41. Here’s the view from 40,000 feet…<br />
  42. 42. Ingredient 1: Ideas<br />IDEA Stream<br />
  43. 43. Ingredient 2: Something to test<br />Minimum viable product<br />
  44. 44. Ingredient 3: Rapid & Cheap testing<br />Test the product on the cheap<br />
  45. 45. Ingredient 4: Draw some conclusions<br />Learn & Discover<br />
  46. 46. Ingredient 5: Innovate<br />Adaptation<br />
  47. 47. SPEED<br />The Faster the better<br />Speed means efficiency<br />
  48. 48. Repeat until…escape velocity (an idea so good customers will knock your doors down)<br />Escape Velocity<br />Adapted IDEA<br />The Pivot<br />A system to find Escape Velocity: Innovation perfected.<br />
  49. 49. FAST AGILE innovation that promises results.<br />IDEA Stream<br />Agile Innovation<br />SPEED<br />SPEED<br />SPEED<br />Build Minimum viable product<br />The Pivot<br />Learn<br />TEST the product cheaply<br />
  50. 50. Workshops | Consultation | SpeakingCorporations | Start up’s | Non-profits<br />
  51. 51. DiamondHead StrategiesNumber 1 in St. Louis for…LEAN Innovation | Start up | Development<br />
  52. 52. Contact us today to learn more1.314.403.2299contact@DiamondHeadStrategies.com<br />
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