Talking to Humans: Customer Discovery 101

New York University
New York UniversityExecutive Director, NYU Entrepreneurial Institute at New York University
@NYUEntrepreneur
Talking to Humans:
Customer
Discovery 101
Frank Rimalovski
Executive Director, NYU Entrepreneurial Institute
Managing Director, NYU Innovation Venture Fund
Adjunct Professor, NYU Polytechnic School of Engineering
Instructor, National Science Foundation (NSF) I-Corps
May 13, 2015
@NYUEntrepreneur
In the beginning…
2
@NYUEntrepreneur
Evolution…
3
@NYUEntrepreneur
Buzzword (Non)Compliance
u  MVP ≠ Product
u  Pivot ≠ Restart
u  Customer Discovery ≠ Selling
4
@NYUEntrepreneur
Customer Discovery
5
Hypothesis
Design
Experiments
Test
Insight
@NYUEntrepreneur
Goals of Customer Discovery
1.  (In)validate problem/solution fit
2.  (In)validate business model
component hypotheses
3.  Begin to identify & test Minimum
Viable Product (MVP)
u  NOT to get statistical relevance, but
pattern recognition to get insight
@NYUEntrepreneur7
TALKING
TO HUMANS
Success starts with understanding
your customers
GIFF CONSTABLE
with Frank Rimalovski
illustrations by Tom Fishburne
and foreword by Steve Blank
@NYUEntrepreneur
Who do you want to learn from?3A. Who Do You Want To Learn From (Inked)
8
@NYUEntrepreneur
What do you want to learn?4D. What Do You Want To Learn
9
@NYUEntrepreneur
What do you want to learn?
10
@NYUEntrepreneur
What do you want to learn?
u  Do not sell! No demos! No presentations!
u  Get stories, not speculation
u  Ask open-ended questions
u  Ask why? Then why? They why again!
u  Create a guide (not a script)
11
@NYUEntrepreneur
How do you find interview subjects?5A. How Do You Find Your Interview Subjects (Inked)
12
@NYUEntrepreneur
How do you find interview subjects?
u  At least one degree of separation
u  Make referrals happen
u  Get creative…recruiting hacks
u  Fish where the fish are…
u  …In the wild
u  Promise to be brief
u  Play the student/researcher card
u  Thoughts on enterprise customers
13
@NYUEntrepreneur
How to ensure an effective interview?6B. How To Ensure An Effective Session (Draft)
14
@NYUEntrepreneur
How to ensure an effective interview?
u  Beware of confirmation bias
u  Do it in person, one at a time
u  Get subjects to tell a story
u  Look for solution hacks
u  Understand their priority
u  Follow your nose & drill down
u  Listen and STFU!
u  Have someone take notes
15
@NYUEntrepreneur
Pro Tips: Students/teams
u  Practice, practice, practice
u  Don’t start with your dream customer
u  Flatter subjects
u  Be transparent
u  Follow up/stay in touch
u  Write up key insights right away
16
@NYUEntrepreneur
Pro Tips: Instructors/educators
u  Do exercises & practice before hand
u  Hold teams accountable to >100 interviews
u  Get the class/cohort to help one another
u  Make them publish interview summaries
u  Read & critique their summaries
u  Keep them focused on the problem, not
the solution
17
@NYUEntrepreneur
Resources
18
TALKING
TO HUMANS
Success starts with understanding
your customers
GIFF CONSTABLE
Pre-release edition
with Frank Rimalovski
and illustrations by Tom Fishburne
bit.ly/llpcdvstalkingtohumans.com
@NYUEntrepreneur
Questions?2B. Story
19
@NYUEntrepreneur
Thank you!
fbr4@nyu.edu
@rimalovski
nyu.edu/entrepreneur
nyuentrepreneur.com
16 Washington Place, NYC
20
@NYUEntrepreneur
Helping startups start up
1 of 21

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Talking to Humans: Customer Discovery 101