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Agile NCR : Starting your business in a lean way
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Saket Bansal
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Agile NCR : Starting your business in a lean way
1.
© 2013 iZenBridge
| PUBLIC Starting your business in a lean way Saket Bansal iZenBridge Consultancy Private Limited
2.
© 2013 iZenBridge
| PUBLIC About Me
3.
© 2013 iZenBridge
| PUBLIC I And Startup
4.
© 2013 iZenBridge
| PUBLIC Entrepreneurship • Entrepreneurship is about taking risk. • Three types of uncertainty. • Risk • Ambiguity • True Uncertainty • Source: Frank H. Knight and Peter Drucker
5.
© 2013 iZenBridge
| PUBLIC Startup • "A startup is a human institution designed to create a new product or service under conditions of extreme uncertainty. " – Lean Startup
6.
© 2013 iZenBridge
| PUBLIC What Lean Has To Do ? • It helps us learn to see waste and remove it systematically
7.
© 2013 iZenBridge
| PUBLIC Do You Have A Business Idea ?
8.
© 2013 iZenBridge
| PUBLIC I Always Had Many…
9.
© 2013 iZenBridge
| PUBLIC Most Startup Fail
10.
© 2013 iZenBridge
| PUBLIC Why?
11.
© 2013 iZenBridge
| PUBLIC Failed Startup Typically Follows • Start with a Plan • The plan does not work • Throw it away and follow JUST DO IT… • For majority nothing works, It’s time to accept defeat
12.
© 2013 iZenBridge
| PUBLIC Do We Have A Solution?
13.
© 2013 iZenBridge
| PUBLIC Do Not Think Like A Stable State
14.
© 2013 iZenBridge
| PUBLIC Surviving Without Innovation Is Difficult
15.
© 2013 iZenBridge
| PUBLIC The Cynefin Framework Source: http://en.wikipedia.org/wiki/Cynefin
16.
© 2013 iZenBridge
| PUBLIC Lean Startups
17.
© 2013 iZenBridge
| PUBLIC Build – Measure - Learn Ideas Build Product Measure Data Learn
18.
© 2013 iZenBridge
| PUBLIC Building MVP
19.
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| PUBLIC Validating Hypothesis • Value Hypothesis • Growth hypothesis
20.
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| PUBLIC Measure
21.
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| PUBLIC Funnel Visualization Buy YouTube Forum Webinar
22.
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| PUBLIC Learn • Pivot or persevere • Pivots Require Courage • We have done • Customer Segment Pivot • Customer Need Pivot • We are still struggling • Engine of growth • Channel Pivot
23.
© 2013 iZenBridge
| PUBLIC My Lean Startup Principles … • Keeps small batch size • Inspect and Adapt • Focus on Innovation • Value over growth • Courage to Pivot • Bring Processes • Involve Colleagues in Decision Making • Embrace ambiguity and uncertainty • Keep WIP in Limits • Optimize the Whole
24.
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| PUBLIC Stay Connected www.youtube.com/izenbridge @Saket_tg +Saket.Bansal http://www.linkedin.com/in/saketbansal
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