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Introduc)on	
  to	
  Business	
  Model	
  Canvas
(BMC)

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Created	
  by	
  @malayeri
Edited	
  by	
  @shayanshalileh
	
  for
Isfahan	
  Startup	
  Weekend

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
What	
  is	
  a	
  Company?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
What	
  is	
  a	
  Company?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
What	
  is	
  a	
  Company?

A	
  business	
  organiza2on	
  which	
  sells	
  a	
  product	
  
or	
  service	
  in	
  exchange	
  for	
  revenue	
  +	
  profit
!	
  We	
  eliminate	
  non-­‐profits	
  here	
  !

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
What	
  is	
  a	
  Startup?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
What	
  is	
  a	
  Startup?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
What	
  is	
  a	
  Startup?

A	
  temporary	
  organiza2on	
  designed	
  to	
  search	
  
for	
  a	
  repeatable	
  and	
  scalable	
  business	
  model
Steve	
  Blank

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
What	
  is	
  a	
  Business	
  Model?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
What	
  is	
  a	
  Business	
  Model?
How	
  a	
  company	
  create	
  value	
  for	
  itself	
  while	
  
delivering	
  product	
  or	
  service	
  to	
  customers.

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Value	
  Proposi)on

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Value	
  Proposi)on

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Value	
  Proposi)on
It	
  is	
  not	
  about	
  your	
  idea	
  or	
  product!

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Value	
  Proposi)on
It	
  is	
  not	
  about	
  your	
  idea	
  or	
  product!
It	
  is	
  about	
  solving	
  a	
  NEED	
  or	
  PROBLEM
It	
  is	
  about	
  SATISFYING	
  a	
  customer	
  need
and	
  WHO	
  are	
  your	
  customer

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
NEED	
  -­‐	
  PROBLEM

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
NEED	
  -­‐	
  PROBLEM
Problem

Need

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
NEED	
  -­‐	
  PROBLEM
Problem

Need

Accoun2ng
Word	
  Processing

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
NEED	
  -­‐	
  PROBLEM
Problem
Accoun2ng
Word	
  Processing

Need
Entertainment
Communica2on

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Customer	
  Segment

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Customer	
  Segment

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Customer	
  Segment
WHO	
  are	
  they?
WHY	
  would	
  they	
  buy?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Customer	
  Segment
WHO	
  are	
  they?
WHY	
  would	
  they	
  buy?
Customer	
  Archetype
Geographic
Social

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Channels

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Channels

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Channels
PHYSICAL	
  Channel

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Channels
PHYSICAL	
  Channel

WEB/MOBILE	
  Channel

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Customer	
  Rela-onship

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Customer	
  Rela)onship

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Customer	
  Rela)onship
How	
  do	
  you	
  GET,	
  KEEP,	
  GROW	
  your	
  
customers?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Customer	
  Rela)onship
How	
  do	
  you	
  GET,	
  KEEP,	
  GROW	
  your	
  
customers?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Revenue	
  Resources

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Revenue	
  Resources

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Revenue	
  Resources
How	
  do	
  you	
  make	
  money	
  from	
  each	
  Customer	
  
Segment

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Revenue	
  Resources
How	
  do	
  you	
  make	
  money	
  from	
  each	
  Customer	
  
Segment
What	
  value	
  is	
  customer	
  Paying	
  for?
Revenue	
  Models	
  are	
  the	
  strategy
Pricing	
  is	
  the	
  tac2cs

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Resources

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Resources

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Resources
What	
  are	
  the	
  most	
  important	
  assets	
  
required	
  to	
  make	
  the	
  business	
  model	
  WORK

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Resources
What	
  are	
  the	
  most	
  important	
  assets	
  
required	
  to	
  make	
  the	
  business	
  model	
  WORK

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Resources
What	
  are	
  the	
  most	
  important	
  assets	
  
required	
  to	
  make	
  the	
  business	
  model	
  WORK

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Resources
What	
  are	
  the	
  most	
  important	
  assets	
  
required	
  to	
  make	
  the	
  business	
  model	
  WORK

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Resources
What	
  are	
  the	
  most	
  important	
  assets	
  
required	
  to	
  make	
  the	
  business	
  model	
  WORK

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Partners

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Partners

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Partners
Who	
  are	
  the	
  Key	
  Partners	
  and	
  Suppliers	
  
needed	
  to	
  make	
  the	
  business	
  model	
  WORK?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Partners
Who	
  are	
  the	
  Key	
  Partners	
  and	
  Suppliers	
  
needed	
  to	
  make	
  the	
  business	
  model	
  WORK?
What	
  KEY	
  RESOURCES	
  are	
  we	
  acquiring	
  from	
  them?
What	
  KEY	
  ACTIVITIES	
  do	
  they	
  perform?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Key	
  Ac)vi)es

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Key	
  Ac)vi)es

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Key	
  Ac)vi)es
What	
  are	
  the	
  most	
  important	
  things	
  you	
  
should	
  DO	
  to	
  make	
  the	
  business	
  model	
  
WORK	
  

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Key	
  Ac)vi)es
What	
  are	
  the	
  most	
  important	
  things	
  you	
  
should	
  DO	
  to	
  make	
  the	
  business	
  model	
  
WORK	
  

Produc2on?

Supply	
  Chain	
  
Management

Problem	
  Solving?
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Costs

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Costs

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Costs
What	
  are	
  the	
  costs	
  to	
  operate	
  business	
  
model

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Costs
What	
  are	
  the	
  costs	
  to	
  operate	
  business	
  
model
What	
  are	
  the	
  most	
  important	
  costs?
What	
  are	
  the	
  most	
  expensive	
  costs?
What	
  key	
  acFviFes	
  are	
  the	
  most	
  expensive?
Fixed	
  costs	
  /	
  Variable	
  Costs

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
QuesFons?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Startups are in SEARCH mode
CANVAS: A set of Hypothesis
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Startups are in SEARCH mode

es!
ess

Gu
CANVAS: A set of Hypothesis =

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
How do we change GUESSES
into FACTS?
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Customer	
  ValidaFon

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
GUESSES!!!
Post it to the wall, use sticky not pen or pencil

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Get	
  out	
  of	
  the	
  building!
talk	
  to	
  customers
Change	
  the	
  Canvas

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Customer	
  
Discovery
Is	
  other	
  people	
  have	
  a	
  same	
  problem
or	
  need	
  you	
  think?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Customer	
  
Valida)on
if	
  you	
  proposed	
  solu)on	
  actually	
  match
	
  what	
  you	
  think	
  the	
  customer	
  problem	
  was

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Search	
  for	
  Business	
  Model
Customer	
  Discovery	
  and	
  Customer	
  Valida)on	
  
=
Product	
  Market	
  Fit	
  

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
PIVOT
pivot	
  is	
  what	
  will	
  save	
  your	
  job

find	
  your	
  
Repeatable	
  and	
  Scalable
Business	
  Model	
  
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
QuesFons?

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
MVP
Minimal	
  Viable	
  Product

build	
  the	
  minimum	
  feature
	
  in	
  order	
  to	
  get	
  feedback	
  (Demo)

All Rights Reserved - IEA 2013
Tuesday, November 26, 13
All Rights Reserved - IEA 2013
Tuesday, November 26, 13
Thank	
  you
follow	
  @shayanshalileh
www.shalileh.com

All Rights Reserved - IEA 2013
Tuesday, November 26, 13

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