Customer Development and Business Model Validation - Startup Essentials and Apremy - Ury Sarabia -...

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“Customer Development & Biz Model Validation” #StartupEssentials #Apremy www.UrySarabia.com @sarabiau www.StartupEssentials.Co / www.Apremy.com [email protected] Mass Challenge México City September 26th, 2016

Transcript of Customer Development and Business Model Validation - Startup Essentials and Apremy - Ury Sarabia -...

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“Customer Development & Biz Model Validation”#StartupEssentials #Apremywww.UrySarabia.com @sarabiauwww.StartupEssentials.Co / www.Apremy.com [email protected]

Mass ChallengeMéxico City

September 26th, 2016

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urys

¡Add me!

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Ury Sarabia

¡Add me!

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9 / 10 Startups Fail

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same applies to Business Models

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#uncertainty

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Current problem = lack of real world action

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Pragmatical education = real world results

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Facilitator Role

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= Create/Deliver/Capture

VALUE

Why build a startup?

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CUSTOMER-CENTRIC METHODOLOGIES

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“Startups fail not because they aren’t able to create products/services, they fail because they can’t find customers for those products/services.

W h y d o n ’ t w e d e v e l o p customers before we develop products/services?”

Steve Blank

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“No business plan/model survives the first contact with customers”

Steve Blank

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Start-Up (Search)

Company (Execute)

vs

Steve Blank

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#StartUp - #LeanStartupStartUp Organization in SEARCH of a REPEATABLE and SCALABLE business model.

Lean StartUp Startup focused in generating VALUE avoiding any kind of waste.

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Lean Startup

Eric Ries

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#ScientificMethodScientific Method

“ A m e t h o d o f p r o c e d u r e t h a t h a s characterized natural science since the 17th century, consisting in systematic observation, measurement, and experiment, and the formulation, testing, and modification of hypotheses.“

The Oxford English Dictionary

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Business Model Canvas(BMC) Alexander Osterwalder

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Business Model Canvas(BMC) Alexander Osterwalder

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What do you know?VSWhat do you ignore?

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Business Model Canvas(BMC) Alexander Osterwalder

?

?

? ?

?

? ?

? ?

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“Whoever learns faster, wins”

Larry Lenihan

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#Hypotheses

Customer + Problem

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Evidence-BasedEntrepreneurship

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“Get Out of the Building”

Steve Blank

#Validation #Laboratory

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CUSTOMER VSUSER

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CUSTOMER VSUSER

$$$

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Business Model Canvas(BMC) Alexander Osterwalder

BA A

B

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“Don't bite off more than you can chew”

#EarlyAdopters#Customer

#Hypothesis

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#Problem #Hypothesis

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#Problem #Hypothesis

¿?

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#Solution #Hypothesis

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• MVP = MVE

#Experimentation

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“Whoever learns faster, wins”

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“Whoever learns (from customers)

faster, wins”

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CLIENTOGRAMA

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Business Model Canvas(BMC) Alexander Osterwalder

EVIDENCES ONLY

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Problems

Ideas

Design Thinking

Lean Startup

Start PointMethodologyClientology

(Startup Essentials & Apremy) Customers

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Practical Tips for Customer

Development Interviews

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1) One person at a time

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2) Clearly set your goals and questions before getting out of the building

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3) Distinguish and separate feedback from behaviour (from the customer)

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4) Get excited about listening things you don’t wanna hear

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5) Make the customer feel comfortable telling you what you don’t wanna hear

“Don’t build what nobody wants”

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6) Make open ended questions

(you want answers to be stories)

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7) Listen, don’t talk

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8) Show interest, but don’t influence

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9) Follow your intuition and dig in

Find the “Why” behing the “What”

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10) Repeat and paraphrase to confirm you understood correctly

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11) At the end of the interview, ask customer to refer you to other customers to talk to

DON’T FORGET!!! (Startups fail because they don’t find customers)

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12) Write down your notes as soon as possible

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13) Customers don’t know what they want. Make them talk about their problematic situations and their

behaviour. Avoid getting them talk about their emotions.

(Present and past stories on how they behave)

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14) Make use of technology

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14) Make sure you talk and listen to YOUR CUSTOMER!!!

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What do you know?VSWhat do you ignore?

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Business Model Canvas(BMC) Alexander Osterwalder

?

?

? ?

?

? ?

? ?

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• Filter Question • Tell me about how is like when… • Describe the last time that happen… • How does that process work for you? • Have you tried several ways to do it? • Who makes the decisiones throughout

that process?

Exploration Questions Guide

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Lean Startup

Eric Ries

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“Technology is just a means to an end”

Ury Sarabia

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Simulación

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EVIDENCE-BASED ENTREPRENEURSHIP

Less Fantasies More Evidence

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#LatAm The land of opportunities

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#StartupEssentials #Apremywww.UrySarabia.com @sarabiauwww.StartupEssentials.Co / www.Apremy.com [email protected]

Thank you!!!

“Customer Development & Biz Model Validation”Mass Challenge

México City

September 26th, 2016