Lean Business Model Canvas
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This document outlines the key components of a lean business model: 1. It discusses the minimal viable product approach - focusing first on identifying customers and their needs before building a full product or service. 2. It then covers the main sections of a lean business model canvas - customer segments, unique value proposition, channels, key resources, revenue streams, and costs. 3. The presentation emphasizes validated learning and getting customer feedback at every step to continually improve and refine the business model.
Lean Business Model Canvas
- 1. Chisa D. Pennix-Brown, MBA Bizness Branding Academy Before the Business Plan: The Lean Business Model OPENIDEA LEAN BUSINESS MODEL
- 2. Please Silence Your Phones Ask Questions, Be Willing to Answer Questions & Actively Participate Join the Email List http://EEPURL.com/TQ3XJ
- 6. 5 Basic Principles 1.Entrepreneurs are everywhere 2.Entrepreneurship is Management 3.Validated Learning 4.Innovation Accounting 5.Build -Measure -Learn
- 8. Minimal Viable Product Who is the customer? Does the customer need exist, do they have some pains that they need relieved or gains they would appreciate? Are they willing to pay for solving their need? Does your proposed solution answer their need or, in other words, does your solution fit their problem? https://www.youtube.com/watch?v=CsHg5mkYJsM
- 9. Customer Segments For Whom are you creating value? Who are your most important customers? Create a Profile
- 10. Unique Value Proposition What value to you deliver to the customer? What products & services are offered to each segment?
- 11. Solution What can/do you do to Solve the problem the client has? Time/Service/Product/Price/Etc.
- 12. Channels Through which channels do your customers want to be reached? How are you reaching them now? What is the most cost effective?
- 14. Create Your Channels 1. Domain Name 2. Gmail Email Address 3. Twitter Account 4. Facebook Fan Page 5. Instagram Account 6. Pinterest Account 7. YouTube Account
- 15. Key Resources What Resources do the Value Propositions Require? Physical Intellectual Human Financial
- 17. Revenue Streams What are Customers willing to pay? How are they currently paying? Preferences
- 18. Cost Structure Most Important Costs to Your Business? Fixed Costs Variable Costs
- 19. Key Metrics What do you plan on doing and measuring to seek gauge results?
- 20. Show Up & Show Out! Recommend Me at Linkedin.com/in/LadyBiz Follow me @LadyBizness Facebook.com/LadyBiznessInc Download this presentation at Slideshare.net/Lady Bizness LadyBiznessOnline@Gmail.com