the objective is to reduce the uncertainty of new ideas
we achieve this by systematically testing our ideas
build
measurelearn
Product/Market Fit
Problem/Solution Fit
Business Modelling
ScaleBusiness Model Fit
Business Modelling
Business Model Canvas
Business Model Canvas
Problem/Solution Fit
Product/Market Fit
Scale
Let’s play!
…but first the rules
You play one of four fictional companies
Friendsta Twittbook MySnapFacespace
Team MySnap ready for action!
The red tile is for victory!
Put your employees to good use!
Build new features for your product…
Put your employees to good use! And grow your company.
“Experience is the teacher of all things”Julius Caesar
Let’s throw the dice!
Retrospective
Retrospective
In the groups, discuss these four questions.
1. Why did your team win/loose? 2. What was you overall strategy? 3. Did your company need to pivot? 4. Were you affected by technical debt?
Assignment:Create your own experiment
Task #1Form groups of two. Identify an idea or a project from your daily work.
Task #2Sketch out a Business Model Canvas for it.
Assignment:Create your own experiment
Task #3Identify the riskiest assumption in your Business Model
Task #4Design an experiment using the Experiment Report.
Experiment Report
Background
EXPERIMENT REPORT
Result
Falsifiable Hypothesis Validated learning
Details Next Action
What was the measured outcome?
What will follow this experiment?
Summarize your learning from the experiment.Your statement on expected outcome of the event. The formula is [Specific Repeatable Action] will [Expected Measureable Outcome]