ENPR QUIZ 1 Flashcards
Business Model Canvas 3
Customer Relationships
Business Model Canvas 4
Channels
Business Model Canvas 5
Revenue Streams
Business Model Canvas 6
Key Partners
Business Model Canvas 7
Key Activities
Business Model Canvas 8
Key Resources
Business Model Canvas 9
Cost Structure
Lean Startup Method
Small, incremental steps are most effective for
turning a startup into a profitable business. Focus on the customer’s needs, measure your progress, learn quickly, and make decisions based on data rather than intuition.
Traditional Startup methods
Working as a small scale version of big companies with clearly defined customers and products
Customer Segments
For whom are we creating value
Value Propositions
what value is delivered to customers
Market Influences
Economic, Political, Environmental
Revenue Streams
For what value are our customers willing to pay
Customer Channels
How do customers want to be reached
Customer Development
Understanding the problem and validating that the solution will meet the customer needs and demand