lean startup 101 - 2015
TRANSCRIPT
Lean Startup Philippines Guita Gopalan
Lean StartUp 101
WHAT IS LEAN STARTUP
No Waste
-‐ Build it right -‐ Build it quickly
WHAT IS LEAN STARTUP
A temporary organisa=on built to search for the answers to what makes a repeatable and scalable business model before running out of resources
According to Steve Blank
ASSUMPTIONS ARE THE BUILDING BLOCKS OF YOUR
STARTUP
VERY CERTAIN VERY UNCERTAIN
BIG IMPACT IF WRONG
SMALL IMPACT IF WRONG
Riskiest assump=on
More =me for family
Long travel =me work/home
Faster travel =me
Waze
Co-‐Working
Don’t leave home as much
Freelancer.com
Franchise Business
Many things to do
Do them faster
Sunrise
Any.Do
Outsource tasks
TaskRabbit
Helper
Phase 1
Problem-‐Solu=on Fit Phase 2
Product-‐Market Fit Phase 3
Business Model Building
VALIDATED LEARNING Measure of Progress
Problem – Solu=on Fit
• Is there a problem worth solving?
• Is it something customers want? • Will they pay for it? If not who will? • Can it be solved?
Product – Market Fit
• Are you building something people want? – Demand Demonstra=on – Clear Signals • Hacking a solu=on
– Features that contribute to value
MVI / MVE / MVP Minimum Viable
Interac=on / Experiment / Product
SUCCESS CRITERIA
INTERVIEW Are you on the right track?
PITCH
Will people pay?
CONCIERGE Can you deliver your UVP?
= VALIDATED LEARNING ! ACTIONABLE Results vs Success Criteria
! Persevere ! Iterate ! Pivot
Why Lean StartUp / Why Experiment?
• Fail Fast. Succeed Faster. • Customer development from Day 1.
• Cash in even as you’re developing. • Build a strong posi=on – Customer Insight
– Trac=on – Customer-‐Partners
LEAN STARTUP PHILIPPINES
• No one knows your startup as well as you do. • You are the expert here!!! • What we do…
– Ask quesVons you missed
– Challenge your assumpVons
– Guide you through tools, methods, processes…
www.meetup.com/leanstartupph
Guita T. Gopalan [email protected]
Schedule a Call on Sohelpful.me/guitagopalan