This document outlines the steps for developing a new business or product idea. It discusses using a business model canvas to visualize the idea, setting up a build measure learn feedback loop for validation, doing competitor and market analysis to define the business model, and creating an MVP and metrics for execution. The key initial tasks are recommended as completing a business model canvas, setting team roles and an action plan, and setting up online presences to introduce the team and get an MVP launched.

2. This Session
● Business model canvas
● Build measure learn feedback loop
● Launch48

11. Validation
● How big is the problem?
● What value do customers place on the
problem?
● Are you solving the problem?
● Built on feedback.

12. Business model
● Competitor analysis
● Revenue model
● Size of the market

13. Execution
● Working prototype
● Metrics

14. Things to do first
● Business model canvas / visualise your
idea.
● Set team roles.
● Create an action plan.
● Setup a blog & Twitter page.
● Write a blog introducing your team.
● Get an MVP up and running