Running Lean Canvas

Ash Maurya
Ash MauryaAuthor and Creator of Lean Canvas
BUSINESS MODEL
    CANVAS
  HOW TO DOCUMENT YOUR
BUSINESS MODEL HYPOTHESES




         ASH MAURYA
             @ashmaurya
     http://www.ashmaurya.com
The Validated Learning Loop
The Validated Learning Loop




                              Not just limited to code
Start with Worksheets
Customer Discovery Worksheets



                     1. Product
                     2. Customer
  Steve Blank        3. Channel/Pricing
                     4. Demand Creation
                     5. Market Type
                     6. Competition
Simplified Customer Discovery Worksheets



                      1. C-P-S Hypothesis
                      2. Business Model Hypothesis
                         - Business Assumptions
                         - MVP Assumptions
                         - Funnel Assumptions
3 Facets of a Business Model Hypotheses


   1. WHAT: Problem
   What is the problem you are trying to solve?

   2. WHO: Customer
   Who has the problem?

   3. HOW: Product/Market
   How do you solve this problem?
   How big is this market?
   How are you going to reach this customer?
   How do you drive demand?
   How will you make money?
Then get it down tighter
Business Model vs Business Plan
Business Model vs Business Plan


              A document investors make you write
                     that they don’t read
Business Model vs Business Plan


A single diagram of your business
Business Model Canvas

                                     Alex Osterwalder
                                     Business Model Canvas

        Key Partners Key Activities Value         Customer      Customer
                                    Proposition   Relationships Segments




                         Key                      Channels
                         Resources




        Cost Structure                     Revenue Streams
Business Model Canvas


                  Alex Osterwalder
                  Business Model Canvas



        Applied to 4 Steps to Epiphany:
         http://thestartuptoolkit.com
Running Lean Canvas
Business Model Canvas

                  Alex Osterwalder
                  Business Model Canvas


        Applied to 4 Steps to Epiphany:
                http://thestartuptoolkit.com




              One more iteration:
         http://www.wiredreach.com/runninglean.html
Problem          Solution       Unique Value   Unfair      Customer
                                Proposition    Advantage   Segments




                 Key Activity                  Channels




Cost Structure                         Revenue Streams
Problem          Solution       Unique Value   Unfair       Customer
                                Proposition    Advantage    Segments




                 Key Activity                  Channels




Cost Structure                         Revenue Streams




          PRODUCT                                        MARKET
P                S    UVP        UA   CS
Top 3 problems




                 KA              CH




C$                          R$
P                S    UVP        UA   CS
Top 3 problems                        Target customers




                 KA              CH




C$                          R$
P                S                UVP        UA   CS
Top 3 problems   Top 3 features                   Target customers




                 KA                          CH




C$                                      R$
P                S                UVP                   UA   CS
Top 3 problems   Top 3 features   Single, clear,             Target customers
                                  compelling message
                                  that states why you
                                  are different and
                                  worth buying



                 KA                                     CH




C$                                           R$
P                S                      UVP                   UA   CS
Top 3 problems   Top 3 features         Single, clear,             Target customers
                                        compelling message
                                        that states why you
                                        are different and
                                        worth buying



                 KA                                           CH
                 Activity that drives
                 retention/revenue




C$                                                 R$
P                S                      UVP                   UA                  CS
Top 3 problems   Top 3 features         Single, clear,                            Target customers
                                        compelling message
                                        that states why you
                                        are different and
                                        worth buying



                 KA                                           CH
                 Activity that drives                         Path to customers
                 retention/revenue




C$                                                 R$
P                S                      UVP                   UA                       CS
Top 3 problems   Top 3 features         Single, clear,        Can’t be easily copied   Target customers
                                        compelling message    or bought
                                        that states why you
                                        are different and
                                        worth buying



                 KA                                           CH
                 Activity that drives                         Path to customers
                 retention/revenue




C$                                                 R$
P                     S                      UVP                   UA                       CS
Top 3 problems        Top 3 features         Single, clear,        Can’t be easily copied   Target customers
                                             compelling message    or bought
                                             that states why you
                                             are different and
                                             worth buying



                      KA                                           CH
                      Activity that drives                         Path to customers
                      retention/revenue




C$                                                      R$
Customer Acquisition Costs
Distribution Costs
Hosting
People, etc.
P                     S                      UVP                   UA                       CS
Top 3 problems        Top 3 features         Single, clear,        Can’t be easily copied   Target customers
                                             compelling message    or bought
                                             that states why you
                                             are different and
                                             worth buying



                      KA                                           CH
                      Activity that drives                          Path to customers
                      retention/revenue




C$                                                      R$
Customer Acquisition Costs                              Revenue Model
Distribution Costs                                      Life Time Value
Hosting                                                 Revenue
People, etc.                                            Gross Margin
Thanks!
ASH MAURYA
@ashmaurya
http://www.ashmaurya.com
1 of 27

More Related Content

What's hot(20)

Customer Development at Startup2StartupCustomer Development at Startup2Startup
Customer Development at Startup2Startup
Stanford University152K views
Business plan vs Lean CanvasBusiness plan vs Lean Canvas
Business plan vs Lean Canvas
Ash Maurya20K views
The Lean Startup - Visual SummaryThe Lean Startup - Visual Summary
The Lean Startup - Visual Summary
Brett Suddreth97.1K views
Customer Discovery Skills Customer Discovery Skills
Customer Discovery Skills
Stanford University42.8K views
Running Lean in some slidesRunning Lean in some slides
Running Lean in some slides
Thiago Paiva2.2K views
Talking to Humans: Customer Discovery 101Talking to Humans: Customer Discovery 101
Talking to Humans: Customer Discovery 101
New York University20.3K views
Product Market Fit and BeyondProduct Market Fit and Beyond
Product Market Fit and Beyond
Brainmates Pty Limited3.4K views
Lean Startups Steve Blank Eric RiesLean Startups Steve Blank Eric Ries
Lean Startups Steve Blank Eric Ries
Stanford University16.5K views
Lean Startup 101Lean Startup 101
Lean Startup 101
Lean Startup Co.14.5K views
48 hours customer development48 hours customer development
48 hours customer development
Stanford University4.4K views
Lecture 1: Business Model & Customer DevelopmentLecture 1: Business Model & Customer Development
Lecture 1: Business Model & Customer Development
Stanford University102.9K views
Lean canvasLean canvas
Lean canvas
Brett Noyes1.8K views
A Playbook for Achieving Product-Market FitA Playbook for Achieving Product-Market Fit
A Playbook for Achieving Product-Market Fit
Lean Startup Co.1.9K views
Business Model for StartupsBusiness Model for Startups
Business Model for Startups
Stanford University57.9K views
10 Steps to Product/Market Fit10 Steps to Product/Market Fit
10 Steps to Product/Market Fit
Ash Maurya152.8K views
Lean Canvas Basics Lean Canvas Basics
Lean Canvas Basics
Jason Dea1.3K views
Lecture 2 value proposition 120411Lecture 2 value proposition 120411
Lecture 2 value proposition 120411
Stanford University13K views

Similar to Running Lean Canvas(20)

How to Identify a lean startupHow to Identify a lean startup
How to Identify a lean startup
Ash Maurya14.1K views
How to Identify a Lean StartupHow to Identify a Lean Startup
How to Identify a Lean Startup
A.M. Barnard801 views
Lean Startup ExpressLean Startup Express
Lean Startup Express
Press421.1K views
Lean Startups - Red CideLean Startups - Red Cide
Lean Startups - Red Cide
TetuanValley768 views
Tvss s11 1Tvss s11 1
Tvss s11 1
TetuanValley430 views
Killer Business ModelsKiller Business Models
Killer Business Models
David Keener13.5K views
Market creationMarket creation
Market creation
Kristian Luoma3.5K views
Product market-fitProduct market-fit
Product market-fit
Tejaswi (Tej) Redkar137 views
Lean startupLean startup
Lean startup
heinzstammberger164 views
Attention to retentionAttention to retention
Attention to retention
DrBloch476 views
Canopy Labs Reports GuideCanopy Labs Reports Guide
Canopy Labs Reports Guide
Canopy Labs571 views
Amazon Business ModelAmazon Business Model
Amazon Business Model
Calvin Nguyen8.1K views
Vetting ideasVetting ideas
Vetting ideas
Ash Maurya5.3K views
Amazon business modelAmazon business model
Amazon business model
Palestine Information and Communications Technology Incubator (PICTI) (BIC)2.2K views

More from Ash Maurya(13)

Pirate Metrics 2.0 - AARRRPirate Metrics 2.0 - AARRR
Pirate Metrics 2.0 - AARRR
Ash Maurya73K views
10 steps to product/market fit10 steps to product/market fit
10 steps to product/market fit
Ash Maurya43.1K views
Lean Canvas SlideshowLean Canvas Slideshow
Lean Canvas Slideshow
Ash Maurya10.5K views
Aesop's garden presentationAesop's garden presentation
Aesop's garden presentation
Ash Maurya1.7K views
How We Build FeaturesHow We Build Features
How We Build Features
Ash Maurya18.7K views
Ash sxswAsh sxsw
Ash sxsw
Ash Maurya1.7K views
Continuous Deployment - Lean LAContinuous Deployment - Lean LA
Continuous Deployment - Lean LA
Ash Maurya3.4K views
Actionable metricsActionable metrics
Actionable metrics
Ash Maurya2.4K views
Building a Lean StartupBuilding a Lean Startup
Building a Lean Startup
Ash Maurya40.6K views

Recently uploaded(20)

METHOD AND SYSTEM FOR PREDICTING OPTIMAL LOAD FOR WHICH THE YIELD IS MAXIMUM ...METHOD AND SYSTEM FOR PREDICTING OPTIMAL LOAD FOR WHICH THE YIELD IS MAXIMUM ...
METHOD AND SYSTEM FOR PREDICTING OPTIMAL LOAD FOR WHICH THE YIELD IS MAXIMUM ...
Prity Khastgir IPR Strategic India Patent Attorney Amplify Innovation24 views
ChatGPT and AI for Web DevelopersChatGPT and AI for Web Developers
ChatGPT and AI for Web Developers
Maximiliano Firtman161 views
Green Leaf Consulting: Capabilities DeckGreen Leaf Consulting: Capabilities Deck
Green Leaf Consulting: Capabilities Deck
GreenLeafConsulting177 views

Running Lean Canvas

  • 1. BUSINESS MODEL CANVAS HOW TO DOCUMENT YOUR BUSINESS MODEL HYPOTHESES ASH MAURYA @ashmaurya http://www.ashmaurya.com
  • 3. The Validated Learning Loop Not just limited to code
  • 5. Customer Discovery Worksheets 1. Product 2. Customer Steve Blank 3. Channel/Pricing 4. Demand Creation 5. Market Type 6. Competition
  • 6. Simplified Customer Discovery Worksheets 1. C-P-S Hypothesis 2. Business Model Hypothesis - Business Assumptions - MVP Assumptions - Funnel Assumptions
  • 7. 3 Facets of a Business Model Hypotheses 1. WHAT: Problem What is the problem you are trying to solve? 2. WHO: Customer Who has the problem? 3. HOW: Product/Market How do you solve this problem? How big is this market? How are you going to reach this customer? How do you drive demand? How will you make money?
  • 8. Then get it down tighter
  • 9. Business Model vs Business Plan
  • 10. Business Model vs Business Plan A document investors make you write that they don’t read
  • 11. Business Model vs Business Plan A single diagram of your business
  • 12. Business Model Canvas Alex Osterwalder Business Model Canvas Key Partners Key Activities Value Customer Customer Proposition Relationships Segments Key Channels Resources Cost Structure Revenue Streams
  • 13. Business Model Canvas Alex Osterwalder Business Model Canvas Applied to 4 Steps to Epiphany: http://thestartuptoolkit.com
  • 15. Business Model Canvas Alex Osterwalder Business Model Canvas Applied to 4 Steps to Epiphany: http://thestartuptoolkit.com One more iteration: http://www.wiredreach.com/runninglean.html
  • 16. Problem Solution Unique Value Unfair Customer Proposition Advantage Segments Key Activity Channels Cost Structure Revenue Streams
  • 17. Problem Solution Unique Value Unfair Customer Proposition Advantage Segments Key Activity Channels Cost Structure Revenue Streams PRODUCT MARKET
  • 18. P S UVP UA CS Top 3 problems KA CH C$ R$
  • 19. P S UVP UA CS Top 3 problems Target customers KA CH C$ R$
  • 20. P S UVP UA CS Top 3 problems Top 3 features Target customers KA CH C$ R$
  • 21. P S UVP UA CS Top 3 problems Top 3 features Single, clear, Target customers compelling message that states why you are different and worth buying KA CH C$ R$
  • 22. P S UVP UA CS Top 3 problems Top 3 features Single, clear, Target customers compelling message that states why you are different and worth buying KA CH Activity that drives retention/revenue C$ R$
  • 23. P S UVP UA CS Top 3 problems Top 3 features Single, clear, Target customers compelling message that states why you are different and worth buying KA CH Activity that drives Path to customers retention/revenue C$ R$
  • 24. P S UVP UA CS Top 3 problems Top 3 features Single, clear, Can’t be easily copied Target customers compelling message or bought that states why you are different and worth buying KA CH Activity that drives Path to customers retention/revenue C$ R$
  • 25. P S UVP UA CS Top 3 problems Top 3 features Single, clear, Can’t be easily copied Target customers compelling message or bought that states why you are different and worth buying KA CH Activity that drives Path to customers retention/revenue C$ R$ Customer Acquisition Costs Distribution Costs Hosting People, etc.
  • 26. P S UVP UA CS Top 3 problems Top 3 features Single, clear, Can’t be easily copied Target customers compelling message or bought that states why you are different and worth buying KA CH Activity that drives Path to customers retention/revenue C$ R$ Customer Acquisition Costs Revenue Model Distribution Costs Life Time Value Hosting Revenue People, etc. Gross Margin

Editor's Notes