Lean Startup OverviewPresented by Quang Nguyen (Sebastian) ,           MBA, PMP, TESOL
Little self-introduction• Strong passion in entrepreneurship and  education• Solid belief that entrepreneurship can be tau...
Agenda•   What•   Why•   Where•   When•   Who•   How
Warning• I am here to learn, not to teach• I do not like good words. I love hear you says  “No, you’re wrong.”• I have no ...
So who got the credit for                      Lean Startup?                Eric Ries                                     ...
What is Lean?
And lean is everywhere
So what is lean startup• Product/market fit means being in a good  market with a product that can satisfy that  market.• L...
Webvan• An online grocery business that  promised to deliver products to  customers’ homes within 30  minutes• Backed up b...
Why should we care?
Where on earth do people use Lean?
Who actually used Lean Startup?• Dropbox (www.dropbox.com)• Peernuts (www.peernuts.com)  – Peernuts is a sharing platform ...
Dropbox - 1st Launch
Dropbox - 2nd Launch
Dropbox - 3rd Launch
Dropbox - Key Lessons•   Public launch in Sep 2008•   Ignored mainstream PR•   Did not focus on building lots of features•...
Peernuts homepage
Peernuts – Blogging before Coding• Step #1:  – A short blog post  – 10-question poll  – No code AT ALL
Peernuts – Market shrinking• Step #2:  – Is your market really big and totally bullish? If yes,    you’re missing the poin...
Peernuts – Feature Burner• Test #3:  – Ask yourself if you have more than 3 features. If yes,    you’re too fat.  – 3 feat...
Peernuts – No designer• Step #4:  – First product ship objective is to learn, learn, and    learn.  – Don’t depress if you...
Peernuts – Procrastination• Did you postpone  product ship for the  3rd time? If yes, stop  messing around.  Release it!• ...
Peernuts - Conclusion• Right now: Peernuts doesn’t work.• But: we have a great feedback on the service we are  building• W...
Extra: The Lean Startup
How to use Lean Startup?•   Lean Canvas•   Key Metrics•   MVP (Minimum Viable Product)•   Build – Measure – Learn loop•   ...
Lean Canvas
Customer Lifecycle /Conversion Behavior
Key Metrics - AARRR
Before Product / Market Fit
After Product / Market Fit
Minimum Viable Product (MVP)• MVP is the product with just the necessary  features to get money and/or feedback from  earl...
MVP examples1. “If Apple can launch a smartphone without Find or Cut-and-Paste, what can you    cut out of your product re...
Build – Measure – Learn loop
Customer Development (cont)
Traditional Product Development
Agile Development
Product Development at Lean Startup
Conclusion• Think big but start small.• The longer you survive, the higher chance you  will succeed.• If you have to fail,...
Q&A
Lean startup overview
Lean startup overview
Lean startup overview
Upcoming SlideShare
Loading in …5
×

Lean startup overview

6,363 views

Published on

@qtheboss

Published in: Technology, Business
2 Comments
10 Likes
Statistics
Notes
  • DỊCH VỤ THIẾT KẾ POWERPOINT (Thiết kế profile cho doanh nghiệp--- Thiết kế Brochure--- Thiết kế Catalogue--- slide bài giảng--- slide bài phát biểu---slide bài TIỂU LUẬN, LUẬN VĂN TỐT NGHIỆP--- dạy học viên thiết kế powerpoint…)-----(Giá từ 8.000 đ - 10.000 đ/1trang slide)------ Mọi chi tiết vui lòng liên hệ với chúng tôi: điện thoại 0973.764.894 hoặc zalo 0973.764.894 (Miss. Huyền) ----- • Thời gian hoàn thành: 1-2 ngày sau khi nhận đủ nội dung ----- Qui trình thực hiện: ----- 1. Bạn gửi nội dung cần thiết kế về địa chỉ email: dvluanvan@gmail.com ----- 2. DỊCH VỤ THIẾT KẾ POWERPOINT báo giá chi phí và thời gian thực hiện cho bạn ----- 3. Bạn chuyển tiền tạm ứng 50% chi phí để tiến hành thiết kế ----- 4. Gửi file slide demo cho bạn xem để thống nhất chỉnh sửa hoàn thành. ----- 5. Bạn chuyển tiền 50% còn lại. ----- 6. Bàn giao file gốc cho bạn.
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
  • Điểm mấu chốt của mô hình này là 'Measure Metric để đánh giá'. Tuy nhiên điểm yếu nhất của nó là thời gian.

    Nếu 1 dự án được đầu tư mà chúng ta áp dụng phương pháp này liệu có được không?
       Reply 
    Are you sure you want to  Yes  No
    Your message goes here
No Downloads
Views
Total views
6,363
On SlideShare
0
From Embeds
0
Number of Embeds
4,474
Actions
Shares
0
Downloads
110
Comments
2
Likes
10
Embeds 0
No embeds

No notes for slide

Lean startup overview

  1. 1. Lean Startup OverviewPresented by Quang Nguyen (Sebastian) , MBA, PMP, TESOL
  2. 2. Little self-introduction• Strong passion in entrepreneurship and education• Solid belief that entrepreneurship can be taught and passion can be inspired• Strong desire to make HCMC the next Silicon Valley• Facebook: @qtheboss• Slideshare: @qtheboss• Twitter: @nvquangvn• Blog: http://nhakhoinghiep.wordpress.com/
  3. 3. Agenda• What• Why• Where• When• Who• How
  4. 4. Warning• I am here to learn, not to teach• I do not like good words. I love hear you says “No, you’re wrong.”• I have no credit for Lean Startup• I have no credit for any intelligent work on this slides, including images, terminologies, processes, philosophies …• The context is web startup
  5. 5. So who got the credit for Lean Startup? Eric Ries Steve Blank• Co-founder and CTO of IMVU • Retired serial entrepreneur• Entrepreneur-in-Residence at • Built 8 startups in 21 years Harvard Business school, 2010 including MIPS Computers• Best Young Entrepreneur of Tech, • Now teaching Entrepreneurship at 2007 Berkeley, Stanford, and Columbia• Startup advisory
  6. 6. What is Lean?
  7. 7. And lean is everywhere
  8. 8. So what is lean startup• Product/market fit means being in a good market with a product that can satisfy that market.• Lean Startup is a method of testing the assumptions and hypothesis of a business idea in an iterative manner while validating your product/market fit before you ship a complete product.• The key is to eliminate waste.
  9. 9. Webvan• An online grocery business that promised to deliver products to customers’ homes within 30 minutes• Backed up by Benchmark Capital, Sequoia Capital, Softbank Capital, Goldman Sachs, and Yahoo!• The largest dotcom failure in history• Why failed? – Untested plan – Grew too fast
  10. 10. Why should we care?
  11. 11. Where on earth do people use Lean?
  12. 12. Who actually used Lean Startup?• Dropbox (www.dropbox.com)• Peernuts (www.peernuts.com) – Peernuts is a sharing platform for cultural goods. You just have to log in, list your library, connect with your friends and get access to the hundreds of films, books, video games, comics they want to share with you. – Right now, Peernuts is in beta mode, available in French and just for DVDs.• And a lot more: IMVU, Votizen, KISSMetric, Aarkvard, Hearsay, Epic Scale, Food on the Table, Pbworks, …
  13. 13. Dropbox - 1st Launch
  14. 14. Dropbox - 2nd Launch
  15. 15. Dropbox - 3rd Launch
  16. 16. Dropbox - Key Lessons• Public launch in Sep 2008• Ignored mainstream PR• Did not focus on building lots of features• Invested heavily in analytics, such as survey, split tests, landing page, signup flow optimization, sharing encouragement …
  17. 17. Peernuts homepage
  18. 18. Peernuts – Blogging before Coding• Step #1: – A short blog post – 10-question poll – No code AT ALL
  19. 19. Peernuts – Market shrinking• Step #2: – Is your market really big and totally bullish? If yes, you’re missing the point. If it’s big that’s too big. Start shrinking your market! – Started with DVD
  20. 20. Peernuts – Feature Burner• Test #3: – Ask yourself if you have more than 3 features. If yes, you’re too fat. – 3 features: • a movie listing powered by an external movie database • a loan dashboard • a friend system coupled with Facebook connect and a basic mail invitation – No rating system, no wish list, no recommendation, no notification, no privacy setting … NOOOOO!!!
  21. 21. Peernuts – No designer• Step #4: – First product ship objective is to learn, learn, and learn. – Don’t depress if you don’t have a wonderful logo. It looks weird but if you don’t care, it will just be fine! – Remember: you don’t need the perfect product but a working prototype.
  22. 22. Peernuts – Procrastination• Did you postpone product ship for the 3rd time? If yes, stop messing around. Release it!• Learn with your customers > Refine useless aspects of your product
  23. 23. Peernuts - Conclusion• Right now: Peernuts doesn’t work.• But: we have a great feedback on the service we are building• Will we add features? NO – Increase customer performance• Will we start massive communication? NO – Wait until the virality rate > 1• Will we work on our market? YES – We don’t have the correct positioning yet.• Is it okay to not consider any business model for the moment?
  24. 24. Extra: The Lean Startup
  25. 25. How to use Lean Startup?• Lean Canvas• Key Metrics• MVP (Minimum Viable Product)• Build – Measure – Learn loop• Customer Development
  26. 26. Lean Canvas
  27. 27. Customer Lifecycle /Conversion Behavior
  28. 28. Key Metrics - AARRR
  29. 29. Before Product / Market Fit
  30. 30. After Product / Market Fit
  31. 31. Minimum Viable Product (MVP)• MVP is the product with just the necessary features to get money and/or feedback from early adopters.• Do MVPs seem abstract to you?
  32. 32. MVP examples1. “If Apple can launch a smartphone without Find or Cut-and-Paste, what can you cut out of your product requirements?” – Sramana Mitra2. USV-backed foursquare uses Google Docs to collect customer feedback. No code, no maintenance.3. Fliggo sells it before they build it.4. Grockit puts up a notify-me-when-you-release form on steroids.5. Auto e-commerce site uses manualation and flintstoning for their backend.6. Semiconductor company uses 5 people and FPGAs to build a $100M semiconductor product line.7. Consumer company uses fake screenshots to sell their product.8. Allicator uses Facebook ads: “Ditch Digger? Feeling spread thin? Click here to complete a survey and tell us about it.”9. ManyWheels uses Microsoft Visio to build clickable web demos for prospective customers.10. Cloudfire uses a classic customer development problem presentation.
  33. 33. Build – Measure – Learn loop
  34. 34. Customer Development (cont)
  35. 35. Traditional Product Development
  36. 36. Agile Development
  37. 37. Product Development at Lean Startup
  38. 38. Conclusion• Think big but start small.• The longer you survive, the higher chance you will succeed.• If you have to fail, fail it early and cheaply.• It’s new. So be skeptical.
  39. 39. Q&A

×