SlideShare a Scribd company logo
of
Startup Mahesh Kumar CV
COO & Co-Founder
Orbit Shifters Inc
Problem
How not to pick the wrong problem to solve ?
1
Buyer Mental Model
How to align buyers motivations ?
2
Ritual Map
How to position your product into existing
customer rituals ?
3
Jobs to be done
How to help the customer envision the new
world powered by your offering ?
4
Prototype
How to Prototype the first iteration of the new
experience in 30 mins?
5
Positioning
How to position your offering vis a vis
competition ?
6
Monetization
How to introduce your offering to your
customers ? Sharpening your product intro < 30
7
Messaging
How to introduce your offering to your
customers ?
8
Business Model Canvas
How to Create a 1 slider pitch ?9
https://www.huffingtonpost.com/kevin-siskar-/10-rules-for-a-great-startup-idea_b_7042800.html
What is Business Model ?
How you create, deliver,
and harvest value
Tools
to
create &
analyze
Business
Model…Building
Blocks
1.Customer Segments
You must create a detailed portrait of each
Courtesy : BusinessModelGeneration
2.Value Props
What is their PAIN? (B2B) or their ACHE? (B2C)
Courtesy : BusinessModelGeneration
3. Distribution Channels
How do you deliver this value at every stage of the buying process?
Courtesy : BusinessModelGeneration
4.Customer Relationships
How do you build a loyal and enthusiastic tribe around your offer?
Courtesy : BusinessModelGeneration
5.Revenue Streams
How do you generate cash from each customer segment?
Revenue Streams = Strategies (What)
Pricing = Tactics (How Much and When)
Courtesy : BusinessModelGeneration
6.Key Resources
What infrastructure and resources do you need to deliver what you promise?
Courtesy : BusinessModelGeneration
7.Key Activities
When & by who
Courtesy : BusinessModelGeneration
8.Key Partners
How does each partner help or hinder the business model?
Courtesy : BusinessModelGeneration
9.Cost Structure
What are the critical elements of the cost structure?
Courtesy : BusinessModelGeneration
Business Model Canvas
9
8
7
6
5
1
3
2
4
Courtesy : BusinessModelGeneration
You need to validate your
Model Assumptions
with the CUSTOMERS
until you
Get It Right !
Affordable VOIP calls
Courtesy : BusinessModelGeneration
Smooth shave for men & women
Courtesy : BusinessModelGeneration
Photo Sharing Online
Courtesy : BusinessModelGeneration
Problem
How not to pick the wrong problem to solve ?
1
Buyer Mental Model
How to align buyers motivations ?
2
Ritual Map
How to position your product into existing
customer rituals ?
3
Jobs to be done
How to help the customer envision the new
world powered by your offering ?
4
Prototype
How to Prototype the first iteration of the new
experience in 30 mins?
5
Positioning
How to position your offering vis a vis
competition ?
6
Monetization
How to introduce your offering to your
customers ? Sharpening your product intro < 30
7
Messaging
How to introduce your offering to your
customers ?
8
Business Model Canvas
How to Create a 1 slider pitch ?
9
Today
Start-up Enabled
Tomorrow
How do you get started ?
1. Startup Team
Form 3-5 member group as impeccable Team
cc: Helena Lopes - https://unsplash.com/@wildlittlethingsphoto?utm_source=haikudeck&utm_medium=referral&utm_campaign=api-credit
2.
Who is the person experiencing the pain ?
3.Customer Profiler
cc: SaskPower - Powering the Future - https://www.flickr.com/photos/69658363@N07
Whats the essence of the problem ?
4. Problem Crystallizer
cc: Sharon Drummond - https://www.flickr.com/photos/28085418@N07
How does a day in the life of the person look like ?
5. DILO
cc: AstroSamantha - https://www.flickr.com/photos/65541944@N07
What if
How might we imagine the future experience of giving wings to fly ?
cc: Rubén Chase - https://www.flickr.com/photos/34596003@N03
6. Product Features
HMW convert "What if" for execution ?
cc: Vinay Deep - https://www.flickr.com/photos/36288872@N00
Embed Exponential features into new user experience
AI, IoT, AR , 3D Printing, Drones
cc: Markus Spiske - https://unsplash.com/@markusspiske?utm_source=haikudeck&utm_medium=referral&utm_campaign=api-credit
Put in hands of customer
Why is it important ?
cc: lavishlylush - https://www.flickr.com/photos/51413187@N05
Ability to do
7. Product Feature Maps
cc: mikecogh - https://www.flickr.com/photos/89165847@N00
8.Prototype
Give birth to Product
cc: Eepeng Cheong - https://unsplash.com/@eepeng?utm_source=haikudeck&utm_medium=referral&utm_campaign=api-credit
$ Unlocked
How much value is unlocked by this Product ?
cc: Hellebardius - https://www.flickr.com/photos/76462928@N00
How might we succicntly communicate the essence of the idea ?
9. 7 Second pitch
cc: ifranz - https://www.flickr.com/photos/26145276@N00
10. 3 RATs
Riskiest Assumption Tests
cc: Michael Shannon - https://unsplash.com/@mgshannon?utm_source=haikudeck&utm_medium=referral&utm_campaign=api-credit
The Brain Filters !
Why is this important ?
cc: illuminaut - https://www.flickr.com/photos/21611336@N00
Think "1 Experiment every month"
cc: *vlad* - https://www.flickr.com/photos/88112377@N00
?
Nano
App with
Massive
Outcome
Iterate , Validate , Iterate
Parting Thoughts
The Indian
Renaissance
Takes off
Transforming Technologies

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Nuts and Bolts of Startup

  • 1. of Startup Mahesh Kumar CV COO & Co-Founder Orbit Shifters Inc
  • 2. Problem How not to pick the wrong problem to solve ? 1 Buyer Mental Model How to align buyers motivations ? 2 Ritual Map How to position your product into existing customer rituals ? 3 Jobs to be done How to help the customer envision the new world powered by your offering ? 4 Prototype How to Prototype the first iteration of the new experience in 30 mins? 5 Positioning How to position your offering vis a vis competition ? 6 Monetization How to introduce your offering to your customers ? Sharpening your product intro < 30 7 Messaging How to introduce your offering to your customers ? 8 Business Model Canvas How to Create a 1 slider pitch ?9
  • 4. What is Business Model ? How you create, deliver, and harvest value
  • 6. 1.Customer Segments You must create a detailed portrait of each Courtesy : BusinessModelGeneration
  • 7. 2.Value Props What is their PAIN? (B2B) or their ACHE? (B2C) Courtesy : BusinessModelGeneration
  • 8. 3. Distribution Channels How do you deliver this value at every stage of the buying process? Courtesy : BusinessModelGeneration
  • 9. 4.Customer Relationships How do you build a loyal and enthusiastic tribe around your offer? Courtesy : BusinessModelGeneration
  • 10. 5.Revenue Streams How do you generate cash from each customer segment? Revenue Streams = Strategies (What) Pricing = Tactics (How Much and When) Courtesy : BusinessModelGeneration
  • 11. 6.Key Resources What infrastructure and resources do you need to deliver what you promise? Courtesy : BusinessModelGeneration
  • 12. 7.Key Activities When & by who Courtesy : BusinessModelGeneration
  • 13. 8.Key Partners How does each partner help or hinder the business model? Courtesy : BusinessModelGeneration
  • 14. 9.Cost Structure What are the critical elements of the cost structure? Courtesy : BusinessModelGeneration
  • 16. You need to validate your Model Assumptions with the CUSTOMERS until you Get It Right !
  • 17.
  • 18. Affordable VOIP calls Courtesy : BusinessModelGeneration
  • 19. Smooth shave for men & women Courtesy : BusinessModelGeneration
  • 20. Photo Sharing Online Courtesy : BusinessModelGeneration
  • 21.
  • 22. Problem How not to pick the wrong problem to solve ? 1 Buyer Mental Model How to align buyers motivations ? 2 Ritual Map How to position your product into existing customer rituals ? 3 Jobs to be done How to help the customer envision the new world powered by your offering ? 4 Prototype How to Prototype the first iteration of the new experience in 30 mins? 5 Positioning How to position your offering vis a vis competition ? 6 Monetization How to introduce your offering to your customers ? Sharpening your product intro < 30 7 Messaging How to introduce your offering to your customers ? 8 Business Model Canvas How to Create a 1 slider pitch ? 9
  • 24. 1. Startup Team Form 3-5 member group as impeccable Team cc: Helena Lopes - https://unsplash.com/@wildlittlethingsphoto?utm_source=haikudeck&utm_medium=referral&utm_campaign=api-credit
  • 25. 2.
  • 26. Who is the person experiencing the pain ? 3.Customer Profiler cc: SaskPower - Powering the Future - https://www.flickr.com/photos/69658363@N07
  • 27. Whats the essence of the problem ? 4. Problem Crystallizer cc: Sharon Drummond - https://www.flickr.com/photos/28085418@N07
  • 28. How does a day in the life of the person look like ? 5. DILO cc: AstroSamantha - https://www.flickr.com/photos/65541944@N07
  • 29. What if How might we imagine the future experience of giving wings to fly ? cc: Rubén Chase - https://www.flickr.com/photos/34596003@N03
  • 30. 6. Product Features HMW convert "What if" for execution ? cc: Vinay Deep - https://www.flickr.com/photos/36288872@N00
  • 31. Embed Exponential features into new user experience AI, IoT, AR , 3D Printing, Drones cc: Markus Spiske - https://unsplash.com/@markusspiske?utm_source=haikudeck&utm_medium=referral&utm_campaign=api-credit
  • 32. Put in hands of customer Why is it important ? cc: lavishlylush - https://www.flickr.com/photos/51413187@N05
  • 33. Ability to do 7. Product Feature Maps cc: mikecogh - https://www.flickr.com/photos/89165847@N00
  • 34. 8.Prototype Give birth to Product cc: Eepeng Cheong - https://unsplash.com/@eepeng?utm_source=haikudeck&utm_medium=referral&utm_campaign=api-credit
  • 35. $ Unlocked How much value is unlocked by this Product ? cc: Hellebardius - https://www.flickr.com/photos/76462928@N00
  • 36. How might we succicntly communicate the essence of the idea ? 9. 7 Second pitch cc: ifranz - https://www.flickr.com/photos/26145276@N00
  • 37. 10. 3 RATs Riskiest Assumption Tests cc: Michael Shannon - https://unsplash.com/@mgshannon?utm_source=haikudeck&utm_medium=referral&utm_campaign=api-credit
  • 38. The Brain Filters ! Why is this important ? cc: illuminaut - https://www.flickr.com/photos/21611336@N00
  • 39. Think "1 Experiment every month" cc: *vlad* - https://www.flickr.com/photos/88112377@N00
  • 40.
  • 42. Iterate , Validate , Iterate