gew14 thanks @kauffmanfdn, @ecjc_ks, @kc_sourcelink | science fair + demolish day

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A minimum viable presentation (which will begin at 6:53) prepared for #GEWKClean

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Deck from the Science Fair where people were asked to pitch the problem they are solving and the customer rather than the solution, business model and other elements in usual pitch competitions. Then, rather than show a prototype or a demo, they were asked to present one thing they demolished. One fear that they were no longer afraid of. One feature they know is unnecessary. One customer they know don't have a problem. One stigma that they...

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Page 1: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

A minimum viable presentation

(which will begin at 6:53)prepared for #GEWKClean

Page 2: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

@adamberk@dianakander@lesamitchell

@jacksonlindauer@anitabnewton@ryanabennett@nathankurtz@ArielMediaKC

We are here to help :)

Page 3: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 4: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

#GEWKClean

The most annoying or frustrating thing…. today (or this week)...

Page 5: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 6: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

Scientists do not coddle ideas. They crash test

them. They run them into a brick wall at sixty miles per

hour. If the idea is sound the pieces will be of the

wall.

Page 9: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

“Yeah runnin' down a dreamThat never would come to me

Workin' on a mystery, goin' wherever it leads

Runnin' down a dream.”

-Tom Petty (rock n roll singer)

Page 10: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

THINK.TEST.PROVE.

Prove Wrong? Think differentProve Right? Think BIGGER

-aa-ALBERT EINSTEINjust kidding!!!!!!!!!!!!!!:)

Page 11: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

“Do things that don't scale”

-Paul Graham

Page 12: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 13: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 14: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 15: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

Isolate your variables and assumptionstest them independently

Page 16: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

Test the riskiest

ones first

Page 18: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

CUSTOMERS have multiple

PROBLEMS PROBLEMShave multiple

SOLUTIONS SOLUTIONS SOLUTIONS SOLUTIONS SOLUTIONS SOLUTIONS SOLUTIONS SOLUTIONS

Page 19: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 20: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

PERFECTION is achieved

NOT when there is nothing left to A D D ,

BT WHN THRE ISNTHING LFT TO

TAKE AWY

Page 21: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 22: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

If you

cannot explain it simply, you

do not

UNDERSTAND IT well enough.

<<< That guy

Page 23: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

If you think your customer segment is

MILLENNIALS, YOUNG PROFESSIONALS, EVERYONE, SMBs, MULTIPLE ACTORS, YOUR MENTORS, PEOPLE WHO HAVE A VESTED INTEREST IN BUILDING YOUR SOLUTION (added after the webinar) FRIENDS, FAMILY,

you do not

UNDERSTAND IT well enough.

<<< That guy

Page 24: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

If you think the problem you are solving is

LACK OF TIME, LACK OF MONEY, LACK OF CUSTOMERS, LACK OF YOUR SOLUTION,

you do not

UNDERSTAND IT well enough.

<<< That guy

Page 25: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

“I want to solvethis problem

for this person,because”

-You

Page 27: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 28: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

PITCH

Page 29: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 30: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

“I want to solvethis problem

for this person,because”

-You

Page 31: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

“I believe this person, has this

problem.”-You

Page 32: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

bit.ly/GEWproblemsonly

#GEWKClean

Page 33: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

A minimum viable #CUSTDEV presentation

(which will begin at 10:20)Experiment design 10:40

GET OUT 11:00#GEWKClean

Page 34: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 35: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

Customer DevelopmentProblem/Customer fit. No solutions

Page 36: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

Good idea? Who cares!

Page 37: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

Good idea? Who cares?

Page 38: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

Good idea? Prove it!

Page 39: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 40: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 41: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

an early adopter is someone who tells you it is a problem before you

tell them

Page 42: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

Fact or Problem?Headaches or Migraine?

Every day or Once a year?

Page 43: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

MILKSHAKES

Page 44: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

GOOB (credit, Steve Blank)

Page 45: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

Pulldon't push - it's harder than it seems.

Page 46: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

PASTnot future

Page 47: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

They may not know WHAT they want, but they have to want SOMETHING

Page 48: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 49: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 50: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

NO SURVEYSNO SOLUTIONS

NO FOCUS GROUPSNO EXCUSESNO B2B2BS NO WOULD

NO FRIENDS NO FUTURE

Page 51: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

GET OUT OF HEREhttp://bit.ly/learn_by_listeninghttp://bit.ly/help_us_learn

The value is in running the first experiment not designing it.

Page 52: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

GET BACK IN HEREhttp://bit.ly/learn_by_listeningEnter 5+ per PERSONThe value in the first experiment is running it not designing it, so the design of experiment 2 is sound.

Page 53: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

BY 3pm write down your exact problem and customer AND PUT THE CUSTOMER ON THE WALL

Page 54: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

“What is your problem?” - entrepreneur“I want more customers. I don’t want a website.” - customer

As the entrepreneur, assuming this is a pattern, you can choose to…

1. get them more customers without a website2. convince them they need a website3. solve a different problem4. find a new customer segment

Page 55: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 56: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

At 5:45 we will complete the venn. What do you think is the IDEAL SOLUTION for your CURRENT CUSTOMER AND PROBLEM HYPOTHESIS. What is the least you need to do to “SELL” that solution to that customer TODAY

Page 57: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

I believe that 1 professional --- in Norway CUSTOMER, wants to rent this 1000usd LED light SOLUTION. I will prove it by having one of them *rent one for 200 usd for 2 days via online form PERFORMING THIS VALUE ACTION by FRIDAY 11/21.

Page 58: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

I believe that 1 festival owner in Bergen CUSTOMER, wants to go up in quality SOLUTION. I will prove it by having one of them *agree to include our survey on “official festival channels” PERFORMING THIS VALUE ACTION by FRIDAY December 1. (not all experiments can be boxed in BUT THIS ONE CAN:)

Page 59: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

It is patent pending… I would rather not run an experiment.

Page 60: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

I believe that 10 parents close to Bergen CUSTOMER, don’t use the cart seat because it is gross and unsafe BUT WANT TO. SOLUTION. I will prove it by having REMA1000 intend to purchase 5 carts (will describe) in 2 weeks.

Page 61: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

SOOOOOO?cognitive dissonance at its finest

Page 62: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

1. www.unbounce.com2. [email protected] GREEN

button on the left 3. PASSWORD4. “Create a new page”5. name it with your email (so I can get

you traffic)

Page 63: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

“I believe this many people will take this action in exchange for {your solution} by 4pm because I

KNOW for a fact that they have this problem.”

-You

Page 64: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 65: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 66: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 67: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 68: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 69: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

HOW MANY APPS DO YOU HAVE ON YOUR PHONE?

Page 70: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

Leave nothing but footprints take nothing but photographs

Page 71: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

APPOINTMENTS DON’T COUNT(but you will talk to 5 festival owners by

NEXT THURSDAY)

Page 72: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

@RubeGoldberg

Page 73: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 74: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 75: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 76: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

Manual

Page 77: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 78: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 79: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day
Page 80: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

1. One thing you learned2. One thing you demolished3. One thing you need --->

Page 82: GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day