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iLLP@Tecnico
0 - Presentation
Luis Caldas de Oliveira
Agenda for Session 0
• Program introduction
• Everis and i-Deals presentation
• Teams and business ideas
• Opportunity Assessment
• Value Proposition
• Work for next week
PROGRAM INTRODUCTION
Instructors
• Luis Caldas de Oliveira
(lco@tecnico.ulisboa.pt)
• Angel Sánchez Díaz
(angel.sanchez@everis.com)
• Enrique Abad Pérez
(enrique.abad.perez@everis.com)
• Diogo Henriques
(carlos.diogo@tecnico.ulisboa.pt)
Bibliography
Bibliography
Bibliography
Key Concepts
• Participants are experts in their fields
• Advisors are technical consultants
• Mentors are business counselors
• Instructors are experts in the LLP model
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
Presentation Schedule
•  0: Presentation (Jan-8)
•  1: Opportunity Assessment
(Jan-15)
•  2: Value Proposition (Jan-22)
•  3: Customer Segments
(Jan-29)
•  4: Channels (Feb-5)
•  5: Customer Relationships
(Feb-12)
•  6: Revenue Models (Feb-19)
•  7: Partners (Feb-26)
•  8: Resources, Activities and
Costs (Mar-5)
•  9: Final Lessons Learned
(Mar-12)
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
Weekly Session
• QA about lecture n+1 (20 min)
• Team present findings about n (5+15 min)
• Summary of lecture n+2 (20 min)
LaunchPad Central
• Address: www.launchpadcentral.com
• Create, validate or invalidate hypotheses
• Register the results of customer discovery
• Weekly changes of the business model
• Communication platform (messaging,
presentations, comments)
EVERIS AND I-DEALS PRESENTATION
TEAMS AND BUSINESS IDEAS
OPPORTUNITY ASSESSMENT
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?
How Big is this
Problem?
Market Size
• TAM – Total
Addressable Market
• SAM – Served
Available Market
• SOM – Serviceable and
Obtainable Market
(Target Market in
years 1, 2  3)
Total Available Market
• How many people would want/need the
product?
• How large is the market if they all bought it
($)?
• How many units will you sell?
Served Available
Market
• How many people can use the product?
• How many people have the money to buy
it?
• How large is the market if they all bought it
($)?
• How many units will that be?
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?
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)
VALUE PROPOSITION
Create Value
Observe Customers
Product Market Fit
Fit
Value Proposition
Canvas
The Value Map
The Value Map
Products  Services
Pain Relievers
Gain Creators
The Value Map
Relevance
Minimum Viable
Product
What is the MVP?
• Test your understanding of the problem
• Test your understanding of the solution
• Avoid building products nobody wants
Test the MVP
• Landing pages
• Prototypes
• Interviews
• Surveys
NEXT WEEK
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
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
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?
Obrigado

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