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Lean Startup, Customer Development, and Business Model Canvas
Learning for Life Lecture Mike Marasco
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This Talk is Based On
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We now know how to make startups fail less
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How?
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The Entrepreneurial API
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Entrepreneurial API = 3 parts
Business Model Canvas
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Entrepreneurial API Part 1 + Part 2 Customer Development
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+ + Entrepreneurial API Part 3 Agile Engineering Agile Engineering
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Startups Are Not Smaller Versions of Large Companies
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Startups Are Not Smaller Versions of Large Companies
Large Companies Execute Known Business Models
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Startups Are Not Smaller Versions of Large Companies
Startups Search for Unknown Business Models
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What’s A Startup?
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A temporary organization designed to search for a repeatable and scalable business model
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A temporary organization designed to search for a repeatable and scalable business model
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A temporary organization designed to search for a repeatable and scalable business model
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A temporary organization designed to search for a repeatable and scalable business model
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Startups Fail Because They Confuse Search with Execute
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Turning Hypotheses Into Facts
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The Four Steps – The Startup Path
Customer Development
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There Are No Facts Inside The Building, So Get the Heck Outside
Customer Development There Are No Facts Inside The Building, So Get the Heck Outside
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Test the Problem, Then the Solution
Customer Development Test the Problem, Then the Solution
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The Entrepreneurial Journey
Customer Development The Entrepreneurial Journey
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What Are You Building and For Who?
Value Proposition What Are You Building and For Who?
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Who Are They? Why Would They Buy? Your Segments are Double Sided!
Customer Segments Who Are They? Why Would They Buy? Your Segments are Double Sided!
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How does your Device Get to Customers?
Channels How does your Device Get to Customers?
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Customer Relationships
How do you Get, Keep and Grow Customers?
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Revenue Streams How do you Make Money?
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What are your most important Assets?
Key Resources What are your most important Assets?
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Who are your Partners and Suppliers?
Key Partners Who are your Partners and Suppliers?
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What’s Most Important for the Business?
Key Activities What’s Most Important for the Business?
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What are the Costs and Expenses
Cost Structure What are the Costs and Expenses
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