1. Deconstruct Your Idea on a Lean Canvas
Quote
A startup is a human institution designed to deliver a new product or service under conditions of extreme uncertainty. Eric Ries
There are no good reasons to invest money, time and more in general resources in a foggy situation
Tip
You need to be fast and learn!
- fast: resources are limited
- learn you are looking for a working plan
Tip
You need a process to quickly separate good ideas from bad ones!
But first of all: how do you plan to make money? Namely, what is your Business Model? What are the most fundamental assumptions you make?
The Lean Canvas
You Business Model in a single page diagram that you can bring everywhere
To be successful you have to constantly balance three risks: customer, market and technical.
- Do your customer want your product? Desirability
- Can you monetize you product? Viability
- Can you build your product (also beyond the technical aspects)? Feasibility
Let's first explore these three aspects and then we will ask to our customers to validate our assumptions.