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LEAN? Using less resources Building less features Decreasing cash spent Creating value for customers

Lean startup

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Page 1: Lean startup

LEAN?

• Using less resources

• Building less features

• Decreasing cash spent

• Creating value for customers

Page 2: Lean startup

It not about going faster but going shorter distance

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MVP

PRODUCT = EXPERIMENT

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CUSTOMER

HYPOTHESIS

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5 min

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Define your customer groups

When creating personas take in considerations the following: 

1. Demographics2. Aspirations and Fears3. Technology and Media Consumption4. Shopping/purchase Habits5. Superpowers6. Friends Group

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Bartle’s player types

Environment

Interacting

Acting

People

Socialisers

Killers Achievers

Explorers

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Customer group

Tom - Age 30

He’s been the music guru among his friends since college and isn’t stopping now. He wears casual, comfy clothes whenever possible. Eats and hangs outside with friends and spends everything he earns. Single and lives in artistic neighbourhood.

Technology - uses latest iPhone and has apps to keep him updated of new stuff

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Market: Estonia

Persona group: Office worker

Name: Mailis Kask

Job position: Business development associate

Demographics:

Age: 35

Education: Higher

Languages: Estonian, English, Finnish

Nationality: Estonian

Family: Married, 2 children

Personality: social, active, hard worker, ambitious,

worries about her looks

Technology: Android smartphone and Windows PC

at the office.

Customer group

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FIND EARLY ADAPTORS

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PROBLEM

Who have problem with what?

E.g. Older people have a problem with seeing clearly.

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5 min

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SOLUTION

Do not define until the problem is validated.

Why? Because every problem has multiple solutions.

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Riskiest assumption

If true then your business will fail.

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5 min

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Define validation method and success

criterion

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Iterate until you find the right customer with right problem

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Interviews &

observation

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How to ask?

GOOD: Who, What, When, Where, Why, How BAD: Would you like... Do you…

The more you ask someone to imagine something, the less you can trust their data

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While interviewing

• Go in with 2-3 objectives

• Have real conversation

• Record data or write down

• Friends and family doesn’t count

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SELLING IS NOT ALLOWED

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HOW TO FIND PEOPLE?

1.Strangers on Street

2.Shopping Mall & Cafe’s

3.Bored People

4.Craigslist 5.LinkedIn6.Cold Calls

@taavilindmaa

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Look for patterns

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PITCH

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Goal?

Goal isn’t about acquiring customers, it’s about finding

potential customers to talk to.

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Collect leads

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A/b testing

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A/b testing

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Heatmaps

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Crowdfunding

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Screen recording

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Eye-tracking

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CONCIERGE

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! GET OUT!!!!!!!!!!

! ! OF THE!!!!!!!!!! !!!!!!!!!

BUILDING!

@taavilindmaa

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CASE STUDY 1

Lean Statup Conference Winner!

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What's next?

• Talk to real customers (min 25 people)

• If problem validated then set up landing page and start collecting currency

• Else pivot and change at least one input

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LANDING PAGE

• Unbounce.com

• Launchrock.co

• Strikingly.com

• Wordpress templates

• Twitter Bootstrap

@taavilindmaa