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The LEAN STARTUP
crash course for building a startup for entrepreneur
What is “The Lean Startup”
THE MOVEMENT THAT IS TRANSFORMING HOW
NEW PRODUCTS ARE BUILT AND LAUNCHED
http://theleanstartup.com/
- transform & to suit local environment

- help in getting thing done

- most are focus in tech startup, but its a concept so can apply to other biz

- lean does not = cheap but cost effective and fast
Pitching
What is your story?
- tell your idea & story in 1 min max

- elevator pitch
Elevator Pitch
• Product name & nature of business
• The problem you are solving and solutions
• Existing traction, result and testimonial
• Company & team strong point
• Closing : what you need and why
Pitch Your Idea
1.Come to stage to pitch your idea
2.Duration is 1 min = 60 sec
3.Given group number & sticker note
4.Write down your brief idea and the team members you looking for
- to “buy” team members

- great team consist of mixture type of members background with same mindset & goal

- lean : get team members, not paid work

- recruitment : company biggest asset its the people
Solve the PROBLEM
1.Dengue Issue
2.Where I park my car?
3.What to eat for lunch?
4.What else?
- idea trigger

- brain storm for idea & suggestion
Business Model Canvas
The Business Model Canvas is a strategic management and entrepreneurial tool. It
allows you to describe, design, challenge, invent, and pivot your business model.
http://www.businessmodelgeneration.com/
- use the business modal canvas file

- fill up the file accordingly

- at every stage, will look back to the canvas so that you will not drive off the road (idea)

- but you can improve from time to time
MVP
minimum viable product (part one)
- idea illustration on paper/ model/ lego to show people

- on A4 paper, one side only, draw, visual and tell people your product
Market Validation
what you like, does not mean other will LIKE.
- to validate that other ppl & public will buy your idea

- show ppl your product and pitch your idea (the A4 paper)

- from the A4 paper, side 2, get people to sign up with their name & email address
MVP (part 2)
Launch your product in shortest time and min $$$ with the core
function only. Build fast, launch fast, fail fast.
• Decorative vs functionality
• Packaging vs usability
- min time and cost

- Team members and outsource

- free online tools available widely
Pivot
Its OK to change
- improvement, update, enhance
Presentation Slide
Present your idea on stage with 3 slide only.
1.Slide One - Introduction, idea, problem
2.Slide Two - Your solution and how it work & features
3.Slide Three - Closing, why ppl must use/ buy your product
- each slide 1 min

- always keep in mind who is your target market
Pitching
tell me your story now
- each team will get 3 min
What Next?
• Launch your MVP
• Feedback from user/ public
• Improvement & Enhancement
• Re-launch & Marketing
• Growth Hack
The END?
- get each team members contact; email, FB, others

- continue work on existing project, join other project or build your own project

- Follow your heart

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The LEAN STARTUP crash course for building a startup for entrepreneur

  • 1. The LEAN STARTUP crash course for building a startup for entrepreneur
  • 2. What is “The Lean Startup” THE MOVEMENT THAT IS TRANSFORMING HOW NEW PRODUCTS ARE BUILT AND LAUNCHED http://theleanstartup.com/ - transform & to suit local environment - help in getting thing done - most are focus in tech startup, but its a concept so can apply to other biz - lean does not = cheap but cost effective and fast
  • 3. Pitching What is your story? - tell your idea & story in 1 min max - elevator pitch
  • 4. Elevator Pitch • Product name & nature of business • The problem you are solving and solutions • Existing traction, result and testimonial • Company & team strong point • Closing : what you need and why
  • 5. Pitch Your Idea 1.Come to stage to pitch your idea 2.Duration is 1 min = 60 sec 3.Given group number & sticker note 4.Write down your brief idea and the team members you looking for - to “buy” team members - great team consist of mixture type of members background with same mindset & goal - lean : get team members, not paid work - recruitment : company biggest asset its the people
  • 6. Solve the PROBLEM 1.Dengue Issue 2.Where I park my car? 3.What to eat for lunch? 4.What else? - idea trigger - brain storm for idea & suggestion
  • 7. Business Model Canvas The Business Model Canvas is a strategic management and entrepreneurial tool. It allows you to describe, design, challenge, invent, and pivot your business model. http://www.businessmodelgeneration.com/ - use the business modal canvas file - fill up the file accordingly - at every stage, will look back to the canvas so that you will not drive off the road (idea) - but you can improve from time to time
  • 8. MVP minimum viable product (part one) - idea illustration on paper/ model/ lego to show people - on A4 paper, one side only, draw, visual and tell people your product
  • 9. Market Validation what you like, does not mean other will LIKE. - to validate that other ppl & public will buy your idea - show ppl your product and pitch your idea (the A4 paper) - from the A4 paper, side 2, get people to sign up with their name & email address
  • 10. MVP (part 2) Launch your product in shortest time and min $$$ with the core function only. Build fast, launch fast, fail fast. • Decorative vs functionality • Packaging vs usability - min time and cost - Team members and outsource - free online tools available widely
  • 11. Pivot Its OK to change - improvement, update, enhance
  • 12. Presentation Slide Present your idea on stage with 3 slide only. 1.Slide One - Introduction, idea, problem 2.Slide Two - Your solution and how it work & features 3.Slide Three - Closing, why ppl must use/ buy your product - each slide 1 min - always keep in mind who is your target market
  • 13. Pitching tell me your story now - each team will get 3 min
  • 14. What Next? • Launch your MVP • Feedback from user/ public • Improvement & Enhancement • Re-launch & Marketing • Growth Hack
  • 15. The END? - get each team members contact; email, FB, others - continue work on existing project, join other project or build your own project - Follow your heart