Powerpoint 2 Flashcards
The first thing you have to do when starting a business is
You have to got to go touch real people to make a business…..Get outside
The second thing you have got to do when starting is
Pair Customer Development with aigle development! Got to be able to change your directions and business
The third thing is to remember that
Failure is an Integral Part of the search
Make Continuous Iterations and
Piviots
No plan survives _______ with customers so use a business model canvas
First contact
Design Experiments and Test to Validate your
Hypothesis
Agree on _____ ______ It changes everything
market type
Customer Development success Begins with
Buy in
Preserve all ____ until needed then spend
Cash
____ ______ to break into the market is a bad idea
deeply discount
______ are the most important customers of all
Earlyvangelists
Earlyvangelists are _______ who buy unfinished and untested products
Early adopters and visionary customres
_______ the orginal idea into the 9 parts of the business model canvas
Deconstruct and make lists
_________ to test the hypothese
Conduct experiements
Test your solution and the MVP and
Compare responses to pass fail goals