Objective of the session : Building the right 'IT'.
The goal of Lean-startup session was to identify #RAT the Riskiest Assumption and different approach/ technique to test those assumptions. How cheaply, early, and frequently we can identify riskiest assumptions and test those assumptions behind our customer segments, their problems, current pain points, channels to the customer, their jobs to be done, what triggers them to try and use our solution.
Make sure that you are building The Right It before we build It right.
With the inspiration from Eric Ries Lean Startup philosophy, the session was in 3 small Minimal viable sessions.
A shared understanding of the key principles and practice of LeanStartup
Using Lean Canvas as a tool manifest riskiest assumption in Product-Market fit and solution fit
Playback and reflection
During the session, the cohort deliberated the underlying Lean principles early and frequent feedback, continuous improvement, reducing the batch size and limit too many works in progress in the context of a startup journey.
Thanks to Evelina Dzimanaviciute, Darya Simanovich and Patricia Gestoso for brining their startup as case studies to playback the lean canvas and riskiest assumptions.
Priyank Bakshi kindly took the responsibility of summarizing the learnings and importance of frequent Build - Measure - Learn cycle.
Agenda for session
Wins, books – 15 minutes Discussion - Key take ways from the readings and Leanstartup videos - 15 minutes Summary of LeanStartup and introduction to LeanCanvas – 15 minutes 3 Break out rooms – Lean Canvas exercise and identify 3 riskiest assumptions - 30 minutes Presentation and play back of 3 worked out lean canvas and RAT ( Riskiest assumption test) approach - 15 minutes Group discussion and call for actions – 15 minutes
Break out session
3 rooms - each room will have a start-up discussing their lean canvas v1.0
Room 1 –Patricia Gestoso
Room 2 - Darya Simanovich
Room 3 – Evelina Dzimanaviciute
Build next iteration of the canvas
Identify top 5 riskiest assumptions,
Approach for validation depend on the stage of startup
Play back to the main group of V2.0 canvas, riskiest assumptions and approach for validation
Pretotyping - https://www.pretotyping.org/methodology.html
Lean canvas - https://leanstack.com/leancanvas
Lean startup principles - http://theleanstartup.com/principles