The Practical Knowledge and Skills that New Generation of Entreprenuers Should Know
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The document provides a list of knowledge and skills that a new generation of entrepreneurs should know. It includes 3 main topics: 1. Business model design and value proposition design, including using the Business Model Canvas and Value Proposition Canvas to consolidate ideas and find the right fit. 2. Lean methodologies and traction models, including validating ideas through the Build-Measure-Learn process, creating MVPs, and seeking customer insights using lean customer development. 3. Growth hacking and inbound strategies, including learning to grow and acquire customers through growth hacking and familiarizing oneself with inbound marketing methodology.
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The Practical Knowledge and Skills that New Generation of Entreprenuers Should Know
- 1. Knowledge & Skills TH AT N EW GEN ER ATION OF EN TR EPR EN U ER S SH OU LD KN OW The Practical
- 2. I prefer scientific & systematic approaches when working on my (business) ideas. Lui Chia Boon chiaboon.lui@gmail.com Greeting!
- 3. MY TOP 3 LISTS 1 Business Model Design & Value Proposition Design. 2 Lean Methodologies & Traction Model. 3 Growth Hacking & Inbound Strategy.
- 4. { }1Business Model Design Value Proposition Design
- 5. An Entrepreneur’s Challenge Is To Design And Successfully Implement A New Business Model. “ “ - Alexander Osterwalder
- 6. Business Model Canvas CONSOLIDATE Business Idea with Value Proposition Canvas
- 7. Your Customers Are The Judge, Jury, and Executioner of Your Value Proposition. They Will Be Merciless If You Don’t Find FIT! “ “ - Alexander Osterwalder
- 8. WORK TOWARD the “FIT” “Problem – Solution ”Fit “Product – Market” Fit “Business Model” Fit
- 9. { }2LEAN Methodologies Traction Model
- 10. “The Only Way To Win Is To Learn Faster Than Anyone Else. “ - Eric Ries
- 11. VALIDATE Product Idea with “Build-Measure-Learn” Process *The Lean Startup, Eric Ries
- 12. MVP Final Products SPEED UP the Validations with MVP
- 13. The Hard Part About Figuring Out What Customers Want Is Figuring Out That You Need To Figure It Out. “ “ - Cindy Alvarez
- 14. SEEK INSIGHTS from Customers with Lean Customer Development process. *The Lean Customer Development, Cindy Alvarez
- 15. Deciding What Business You’re In Is Usually Quite Easy. Deciding On The Stage You’re At Is COMPLICATED. “ “ - Alistair Croll
- 16. KNOW YOUR STAGE Through Startup Lifecycle Frameworks. Track down and improve the respective metrics that matter. * Lean Analytics, Alistair Croll & Benjamin Yoskovitz,
- 17. “Many Entrepreneurs Who Build Great Products Simply Don’t Have A Good Distribution Strategy. “ - Gabriel Weinberg
- 18. USE Bullseye Framework to find the One traction channel that will works. *Traction. Gabriel Weinberg & Justin Mares
- 19. { }3Growth Hacking Inbound Strategy
- 20. The End Goal Of Every Growth Hacker Is To Build A Self- Perpetuating Marketing Machine That Reaches Millions By Itself. “ “ - Aaron Ginn
- 21. LEARN to grow, acquire new customers and retain them via Growth Hacking *David Arnoux
- 22. You Can’t Out-Spend The Giants, But You Can Out-Think, Out-Teach, and Out-Help Them. “ “ - Brian Halligan
- 23. GET FAMILIAR with Inbound Methodology
- 24. { }Additional to the Above 3 Lists
- 25. ACQUIRE new knowledge & skills from Online Courses, Forums, Blogs, Webinars, E-Books, and etc…
- 26. “This is one of the new things that I just learnt. What about you?”
- 27. THANK YOU