With in-person classes canceled, we’re about to start our online versions of Hacking for Defense and Hacking for Oceans (and here). The classes are built on the Lean Startup methodology: customer discovery, agile engineering and the business/mission model canvas. So how do our students get out of the building to do customer discovery when they can’t leave home? How do startups do it?
Reminder: What’s the point of talking to customers?
Talking to customers seems like a simple idea, but most founders find it’s one of the hardest things they have to do. Entrepreneurs innately believe they understand a customer’s problem and just need to spend their time building a solution. We now have a half-century of data to say that’s wrong. To build products people want and will really use, founders first need to validate the problem/need, then understand whether their solution solves that problem (i.e. finding product-market fit).
Finally, to have a better chance of a viable enterprise, they need to test all the other hypotheses in their business/mission model (pricing, demand creation, revenue, costs, etc.).
The key principles of customer development are:
- There are no facts inside the building, so get the heck outside.
- All you have are a series of untested hypotheses.
- You can test your hypotheses with a series of experiments with potential customers.
Now with sheltering-in-place the new normal, we’ll add a fourth principle:
from TechCrunch https://ift.tt/39SjK0t
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