leicester class presentation
TRANSCRIPT
‘The value of an idea lies in the using of it.’Thomas Edison. Co-Founder, General Electric
Agenda
@launch48Choose your journey
Launch48 | Welcome
Weekendlaunch your startup
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Saturday.
Saturday
• 10:00 - 10:30 • Introduction to Business Model Canvas• Introduction to Lean Startup• Targets for weekend
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Saturday.
Saturday
• 10:30 Crack on with your own Business Model Canvass• 11.00 - 13.00 Death by Mentors• 13:00 Lunch
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Saturday.
Saturday
• 15:00 - Board Meetings start. You need to show:
• BMC v2.0 with mentor feedback.• Blog and Twitter pages.• Launch page created.• Action plan for the weekend.
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Saturday.
Saturday• 19:00 - Evening meal.• End of Day 1 you should have:
• Competitor analysis• Revenue model / business model• Active social media• Customer feedback and activation data• Marketing plan • Prototype underway• Branding complete.
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Sunday.
Sunday
• 08:30 - 09:30 Arrival and breakfast.• 11:00 Board meetings, need to see:
• Business Model Canvas• Customer feedback & activation data• Business model / revenue model• Plan for today.
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Sunday.
Sunday
• 13:00 Lunch• 14:00 Pitch preparation / workshop• 17:00 Final presentation and pitching.• 17:45 Final networking and close.• 18:30 Move to the pub
‘The value of an idea lies in the using of it.’Thomas Edison. Co-Founder, General Electric
Class presentation
@launch48Choose your journey
Launch48 | Welcome
Weekendlaunch your startup
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Hello.
Saturday
• Business model canvas.• Build measure learn feedback loop.• What to do this weekend.
This session
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Business model canvas
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Build measure learn.
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | The plan.
Idea
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Saturday.
Build
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | The plan.
How to BUILD an MVP
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | The Plan.
Measure
Conversion - (also a kick in
Rugy)
Engagement
Activation How many people performed the action you wanted them to?
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | The plan. Activation:- Social Media
- Leave the building & speak to people
- Speak to other teams - help eachother out
- Use all your resources
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | The plan.
LISTEN!
Learn from the feedback you are given - then build!
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Validation.
• How big is the problem.•What value do customers place on the problem?• Are you solving the problem?• Build on feedback.
Validation
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Business model.
• Competitor analysis.• Revenue model.• Size of market.
Today - Focus onBusiness model
‘Markets come and go. Good businesses don’t.’Fred Wilson. Co-Founder, Union Square Ventures
Launch48 | Reminder.
• Goodie bag.• Rackspace deal - one per team
My reminder slide
‘Don’t let people tell you your ideas are stupid - if you’re really passionate about something, find a way to build it.’Dennis Crowley. Co-Founder, Foursquare
Danke.Grazie.Shukran.Merci.Takk.Xie xie.Toda.
Thanks!
@launch48Choose your journey.
Fin | End