Lean UX design workshop model for startups - Springboard
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Why Startups?
largest startup ecosystem globally
startups added annually
http://www.nasscom.in/india-fastest-growing-and-3rd-largest-startup-ecosystem-globally-nasscom-startup-report-2014
startups in the technology and digital space in India alone~3100
3rd
~800
~USD 2 billionworth of investment deals
VC/PE
~300
Angel Investors
~2500
http://www.nasscom.in/india-fastest-growing-and-3rd-largest-startup-ecosystem-globally-nasscom-startup-report-2014
202011,500 startupsthere would be more than
employing over
2.5 lakh people
so, What is a startup?
A startup is an organization formed to search for a repeatable & scalable business model.
A human institution designed to create a new product or service under conditions of extreme uncertainty
How does it all start…
in a Cafe… in a Pub…
Idea Build Reach out to VC Get Funded
Go feature way
Hire
Expand
Idea Build Reach out to VC Get Funded
Go feature way
Hire
Expand
Next round
Failure95%
Idea Build Reach out to VC Get Funded
Go feature way
Hire
Expand
Premature scaling
✤ Spending money on marketing, hiring etc. before you find a working business model
✤ Spending too fast while failing to secure further financing.
74% of 95%
Acquiring users for less than the revenue they bring
http://www.quora.com/What-percentage-of-startups-fail
What does it really take…
Source: Disciplined Agile Consortium (https://disciplinedagiledelivery.wordpress.com/2014/04/25/an-exploratory-lean-startup-lifecycle/)
Envision Build a little Productize
Hypothesis
Deploy
Keep going
Observe & Measure
Proven Idea
Pivot
Disproven Idea
Cancel
Idea
MVPMinimum Viable Product
Prototype Validate Iterate
Pivot
Productize
How do we deliver it?
Idea Prototype
1 WeekIN
References
This presentation is available FREE of cost. Images used under Creative Common License but can be removed on objection
http://www.nasscom.in/india-fastest-growing-and-3rd-largest-startup-ecosystem-globally-nasscom-startup-report-2014
https://disciplinedagiledelivery.wordpress.com/2014/04/25/an-exploratory-lean-startup-lifecycle/
http://www.quora.com/What-percentage-of-startups-fail
★ Articles and blogs referred:
★ Books referred:
Meet the Team
@vishujuneja@sachindesignux@shashankd @SureshAnand_a
Thanks for viewing@vishujuneja
www.linkedin.com/in/vishaljuneja
