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ASH MAURYA @ashmaurya [email protected] PracticeTrumpsTheory.com MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK

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Page 1: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

ASH MAURYA@ashmaurya

[email protected]

MODULE 2 - LESSON 8PUTTING IT TO PRACTICE: LEANSTACK

ash

Page 2: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

No TPS reports.

Page 3: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

“The mistake other people make is that they simply copy our tools and process and expect similar results.”

- Jeffrey Liker, The Toyota Way

Page 4: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

Business Model

Generation>>Business

ModelValidation

Page 5: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

What is Lean Stack?

Page 6: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

What is Lean Stack?

1. Lean Canvas2. Lean Dashboard3. Experiment Reports

Page 7: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

What is Lean Stack?

1. Lean Canvas2. Lean Dashboard3. Experiment Reports

Page 8: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com
Page 9: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

WHY

Page 10: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

What is Lean Stack?

1. Lean Canvas2. Lean Dashboard3. Experiment Reports

Page 11: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

Page 12: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when? HOW

Page 13: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

EXPECTEDOUTCOMES

ACTUALOUTCOMES

Page 14: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

EXPECTEDOUTCOMES

ACTUALOUTCOMES

Page 15: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

Milestones

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SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

Page 17: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

3 YEARS FROM NOW

2,000 CUSTOMERS

1.5 YEARS FROM NOW

200 CUSTOMERS

8 WEEKS FROM NOW

20 CUSTOMERS

Page 18: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

Strategy

Page 19: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

OCT 1

10 customers

3 YEARS FROM NOW

2,000 CUSTOMERS

1.5 YEARS FROM NOW

200 CUSTOMERS

8 WEEKS FROM NOW

20 CUSTOMERS

Page 20: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

OCT 1

10 customers

3 YEARS FROM NOW

2,000 CUSTOMERS

1.5 YEARS FROM NOW

200 CUSTOMERS

8 WEEKS FROM NOW

20 CUSTOMERS

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

Page 21: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

RunningExperiments

Page 22: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

What is Lean Stack?

1. Lean Canvas2. Lean Dashboard3. Experiment Reports

Page 23: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.[VALIDATED or INVALIDATED]

What’s the next experiment?

Page 24: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

3 YEARS FROM NOW

2,000 CUSTOMERS

1.5 YEARS FROM NOW

200 CUSTOMERS

8 WEEKS FROM NOW

20 CUSTOMERS

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

SEP 1

80% CLOSE RATE

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EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.[VALIDATED or INVALIDATED]

What’s the next experiment?

Page 26: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.

[VALIDATED or INVALIDATED]

What’s the next experiment?

B

U

I

L

D

Page 27: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.

[VALIDATED or INVALIDATED]

What’s the next experiment?

What are you trying to achieve?

Page 28: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.

[VALIDATED or INVALIDATED]

What’s the next experiment?

Declare your expected outcomes

Page 29: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.

[VALIDATED or INVALIDATED]

What’s the next experiment?

How will you setup this experiment?

Page 30: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.

[VALIDATED or INVALIDATED]

What’s the next experiment?

How long will this experiment run?

Page 31: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

3 YEARS FROM NOW

2,000 CUSTOMERS

1.5 YEARS FROM NOW

200 CUSTOMERS

8 WEEKS FROM NOW

20 CUSTOMERS

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

SEP 1

80% CLOSE RATE

Page 32: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.

[VALIDATED or INVALIDATED]

What’s the next experiment?

B

U

I

L

D

M E A S U R E

Page 33: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

3 YEARS FROM NOW

2,000 CUSTOMERS

1.5 YEARS FROM NOW

200 CUSTOMERS

8 WEEKS FROM NOW

20 CUSTOMERS

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

SEP 1

80% CLOSE RATE

Page 34: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.

[VALIDATED or INVALIDATED]

What’s the next experiment?

B

U

I

L

D

M E A S U R E

L E A R N

Page 35: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.

What’s the next experiment?

B

U

I

L

D

M E A S U R E

L E A R N

ValidatedWhat is the next experiment to run?

Page 36: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.

What’s the next experiment?

B

U

I

L

D

M E A S U R E

L E A R N

Invalidated

Page 37: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

EXPERIMENT REPORT

Background

Author:Title: Created:

Details

Falsifiable Hypotheses

Validated Learning

Results

Lean Stack by Spark59.com

Back

Next Action

Declare your expected outcome.

Use this format: [Specific Repeatable Action] will [Expected Measurable Outcome]

How will you setup this experiment?

[DATE][NAME][TITLE]

What are you trying to learn or achieve? Enter your qualitative/quantitative data.

Summarize your learning from the experiment.

What’s the next experiment?

B

U

I

L

D

M E A S U R E

L E A R N

InvalidatedWhy did the experiment fail?- 5 Whys root cause analysisWhat is the next experiment?

Page 38: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

ActualProgress

Page 39: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

OCT 1

$20,000 MRR

3 YEARS FROM NOW

2,000 CUSTOMERS

1.5 YEARS FROM NOW

200 CUSTOMERS

8 WEEKS FROM NOW

20 CUSTOMERS

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

Page 40: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

OCT 1

$20,000 MRR

3 YEARS FROM NOW

2,000 CUSTOMERS

1.5 YEARS FROM NOW

200 CUSTOMERS

8 WEEKS FROM NOW

20 CUSTOMERS

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

1,000100%

ACQUISITION

80080%

ACTIVATION

40050%

REVENUE

20050%

RETENTION

20025%

REFERRAL

Page 41: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

SUCCESS METRICS CURRENT METRICS

PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE

Lean Dashboard Lean Stack by Spark59.com

How is your customer funnel performing?Identify your current stage.List out customer lifecycle (AARRR) metrics.

EXPERIMENTS

KEY OBJECTIVE ACTIVE EXPERIMENTS COMPLETED EXPERIMENTS

BUILD MEASURE LEARN

1 2 3 4

5 6 7 8

EXPERIMENT QUEUE

9 10 11 121 2 3 4

13 14 15 165 6 7 8

How will you determine if this is a problem worth solving?What is your early validation criteria?How many customers does that represent?By when?

How will you determine if you have built something enough people want?What is your revenue goal?How many customers does that represent?By when?

How will scale your business model?What is your engine of growth?What is your revenue goal?How many customers does that represent?By when?

Determine right action, right time.What are your riskiest assumptions or leaps of faiths?What is your next significant goal?How will you get there?By when?

OCT 1

$20,000 MRR

3 YEARS FROM NOW

2,000 CUSTOMERS

1.5 YEARS FROM NOW

200 CUSTOMERS

8 WEEKS FROM NOW

20 CUSTOMERS

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

AUG

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

JUL 30

EXPERIMENT TITLE

JUL 27

EXPERIMENT TITLE

AUG

EXPERIMENT TITLE

AUG

EXPERIMENT TITLE

AUG 3

EXPERIMENT TITLE

EXPERIMENT TITLE

EXPERIMENT TITLE

1,000100%

ACQUISITION

80080%

ACTIVATION

40050%

REVENUE

20050%

RETENTION

20025%

REFERRAL

Page 42: MODULE 2 - LESSON 8 PUTTING IT TO PRACTICE: LEANSTACK 3... · SUCCESS METRICS CURRENT METRICS PROBLEM/SOLUTION FIT PRODUCT/MARKET FIT SCALE Lean Dashboard Lean Stack by Spark59.com

It’s time to act on your big idea.Validate and grow your business idea with advice from top business model coaches and lean experts.

Ash Maurya | Author, Running Lean | Founder, Spark59 | @ashmaurya

Life is too short to build something nobody wants…