This document outlines the agenda for Session 0 of the iLLP@Tecnico program. It introduces the instructors and provides an overview of the key concepts, schedule, and expectations for the program. The agenda includes a presentation on Everis and i-Deals, forming teams and business ideas, and an introduction to opportunity assessment and the value proposition canvas. The document guides participants to interview customers and prepare a presentation on their findings for the next session on opportunity assessment.
2. Agenda for Session 0
• Program introduction
• Everis and i-Deals presentation
• Teams and business ideas
• Opportunity Assessment
• Value Proposition
• Work for next week
8. Key Concepts
• Participants are experts in their fields
• Advisors are technical consultants
• Mentors are business counselors
• Instructors are experts in the LLP model
9. Key Points
• Evidence-based (not “faith-based”)
• Participants need to “get out of the
building”
• Time management: intense and fast
• Community: every class member must
actively comment the other teams
11. Before Each Session
• Talk to 10 customers/partners/competitors about n
• Update narrative and canvas
• Revise MVP based on findings about n
• Prepare presentation with findings about n
• Formulate hypotheses about n+1
• Prepare interviews about n+1
• Watch lecture about n+2
• Talk to instructors, mentors and advisors
12. Weekly Session
• QA about lecture n+1 (20 min)
• Team present findings about n (5+15 min)
• Summary of lecture n+2 (20 min)
17. Product
• Problem statement: what is the
problem?
• Technology/Market Insight: why is
this problem hard to solve?
• Market size: how big is this problem?
• Competition: what customers do today?
• Product: how to do it?
19. Market Size
• TAM – Total
Addressable Market
• SAM – Served
Available Market
• SOM – Serviceable and
Obtainable Market
(Target Market in
years 1, 2 3)
20. Total Available Market
• How many people would want/need the
product?
• How large is the market if they all bought it
($)?
• How many units will you sell?
21. Served Available
Market
• How many people can use the product?
• How many people have the money to buy
it?
• How large is the market if they all bought it
($)?
• How many units will that be?
22. Target Market
• Who are you selling to in year 1, 2 and 3?
• How many customers is that?
• How large is the market be if they all
bought it ($)?
• How many units would that be?
23. Market Types
• Clone Market (copy of an existing business
model)
• Existing Market (faster, better/high-end)
• Resegmented Market (niche, cheaper/low-
end)
• New Market (good enough, innovative)
40. Customer Discovery
• Death by Demo 1
http://vimeo.com/groups/204136/videos/76390080
• Death by Demo 2
http://vimeo.com/groups/204136/videos/76172223
• Death by Powerpoint
http://vimeo.com/groups/204136/videos/76171146
• Understanding the problem
http://vimeo.com/groups/204136/videos/76173388
• Attention to Outliers
http://vimeo.com/groups/204136/videos/76177672
41. Before Next Class
• Talk to 10 customers about your project
• Update LPC Narrative and Canvas
• Prepare Class Presentation
• Watch Videos
• Lecture 1: What We Now Know
• Lecture 1.5: Business Models and Customer
Development
• Lecture 2: Value Proposition
42. Slides
• Slide 1: Cover slide
• Slide 2: Business Model Canvas
• Slide 3: Identify market type
• Slide 4: Identify market size
• Slide 5: Identify competitors
• Slide 6: Propose experiments. What constitutes a pass/
fail signal for each test?