11. Runway = # of c ycles through business model Eric Ries’ Big Idea How many pivots before the money runs out? Lean Startup Big Idea #3
12. Customer Problem Team Solution Team Validate Customer, Problem, Solution Hypotheses Build MVP Measure Usage Validate MVP Iterate Investigate Funnel Build Funnel Measure Conversions The Lean Startup A Lean Startup is a series of tests on the market, solution, and growth assumptions.
13. CustDev Meta-Rules 1) Question Your Assumptions 2) “Get Out of the Building” 3) Test & iterate