Module 6

Homework assignments (delegate tasks below to each team member)

Finish your business model in Gdrive (use tempalte)

Share business model with mentors and have a mentoring session next week.

Run more interviews/MVP experiments as discussed in class

Do more research on the technology for your product and estimate costs

Set up a landing page using links below

Begin working on your final pitch presentation

Course deliverables

1. Fill out a complete business model (details in all boxes) *use new template in Gdrive

2.Make a list of risky assumptions (Market assumptions + Tech assumptions)

3.Plan experiments to test assumptions
(Interviews + pre sales + simulation)

4.Run experiments and track what you learn (be methodical)

5.Validate/invalidate assumptions and decide to pivot/persevere

6.Make a roadmap to launch the business

7.Prepare and deliver an awesome pitch

WATCH, TAKE NOTES AND LEARN (ALSO FROM Q&A)

OWLET – //www.youtube.com/watch?v=f-8v_RgwGe0

WAVIO – //www.youtube.com/watch?v=53Zr5ck0Qlk

  • HOW DID THEY PRESENT THE PROBLEM?
  • HOW DID THEY PRESENT THEIR SOLUTION?
  • ASSUMPTIONS?
  • VALIDATION PROCESS?
  • INSIGHTS AND PIVOTS?
  • FINAL PRODUCT SOLUTION AND BUSINESS MODEL
    (MARKET SIZE AND SEGMENTS, CHANNELS, COSTS, REVENUE STREAMS, PRICING, PARTNERS)
  • Next Steps – Milestones + the ASK

Landing page creators with A/B testing capabilities
//unbounce.com/

Payment processing (taking pre-orders)
//www.trycelery.com/

Create a cool explainer video:
//www.powtoon.com/home/

Instructions
//customerdevlabs.com/60-minutes-launch-instructions/