Learn how to approach the process of innovation by starting off on a solid footing: focusing on the right problem will save you time, heartbreak and provide a defined understanding the core problem you endeavor to solve through your business is the starting point for this workshop.
Through the teachings of Eric Reis, Alexander Osterwalder and Steve Blank, Riley takes you through customer discovery, problem/solution validation techniques, and methods for avoiding bias. Riley introduces you to the business model canvas, rapid prototyping and the concept of lean product development.
By the end of these courses, you will have created a great problem statement, value proposition statement, and business model canvas. You will have all the tools you need to propel your business towards product/market fit.
Part 2 will help you Identifying insights and getting started with rapid prototyping. Now, you’ve got your problem figured out but how do you ensure your solution actually addresses it in a way that makes a sustainable business?
In this second part, we make sure that you’ve thought about the whole business model – product/market fit is great but if you can’t execute sustainably, your business will fail. In the spirit of reducing risk, we delve into rapid prototyping; there are so many ways to test your ideas before you start spending money on your MVP (Minimum Viable Product).
Topics:
- Finding the gold in customer interviews
- Share insights
- The Business Model Canvas
- Validating through the Business Model Canvas
- MVP: What it is, how to build one and how to incrementally test it/validate it
