lean startup methods & thinking: apply it in hackathon

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LEAN STARTUP THINKING AND METHODS Taavi Lindmaa twitter: @taavilindmaa How to nail it with a weekend! Wednesday, September 11, 13

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Lean how to apply leans startup methods to weekend hackathons, your startup, your enterprise or daily work. You will find practical tools and examples of how to start with customer validation from day 1 and get, validate idea and get your product hypothesis feedback in hours.

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Page 1: Lean Startup Methods & Thinking: apply it in hackathon

LEAN STARTUP THINKING

AND METHODS

Taavi Lindmaatwitter: @taavilindmaa

How to nail it with a weekend!

Wednesday, September 11, 13

Page 2: Lean Startup Methods & Thinking: apply it in hackathon

About Me

• UX Designer

• Certified Gamification designer, researcher for “The Gamification Revolution” by Gabe Zichermann

• Worked at Dopamine Creative Agency in NYC

• “Most creative idea” at Brainhunt competition 2011/12

• Advised & Incubated at Founder Institute NYC

On Twitter @taavilindmaa

Wednesday, September 11, 13

Page 3: Lean Startup Methods & Thinking: apply it in hackathon

The Lean Startupby Eric Ries

@taavilindmaa

Wednesday, September 11, 13

Page 4: Lean Startup Methods & Thinking: apply it in hackathon

LEAN STARTUP

• Lean manufacturing

•Agile development

•Customer development

@taavilindmaa

Wednesday, September 11, 13

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@taavilindmaa

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Page 8: Lean Startup Methods & Thinking: apply it in hackathon

Validation    Board

     Sign up at:leanstartupmachine.com/validationboard/

@taavilindmaa

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@taavilindmaa

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Page 11: Lean Startup Methods & Thinking: apply it in hackathon

PROGRESS =VALIDATEDLEARNING

PRODUCT =EXPERIMENT

GOAL: Decrease CashSpent Between Pivots

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Page 12: Lean Startup Methods & Thinking: apply it in hackathon

    STEP 1:Who is the customer?

  Define Your Customer Hypothesis

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Page 13: Lean Startup Methods & Thinking: apply it in hackathon

What is her problem?

  Define Your Problem Hypothesis

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Page 14: Lean Startup Methods & Thinking: apply it in hackathon

SOLUTION

Do not define until the problem isvalidated

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What do we build to test?

1.Exploration -> reproduce problem2.Pitch -> collect currency3.Concierge -> deliver customer

expectation

(Methods increase in cost of testing)

@taavilindmaa@taavilindmaa

Wednesday, September 11, 13

Page 16: Lean Startup Methods & Thinking: apply it in hackathon

HOW TO FIND PEOPLE?

1.Interview Strangers on Street2.Shopping Mall & Cafe’s3.Bored People4.Craigslist5.LinkedIn6.Cold Calls7.Surveys (For Lead-Gen)

@taavilindmaa

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Page 17: Lean Startup Methods & Thinking: apply it in hackathon

TEAM TOOLS

• Timer - toggl.com

• Task manager - trello.com

• Use voting to get consensus

@taavilindmaa

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Page 18: Lean Startup Methods & Thinking: apply it in hackathon

Trello

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MATRIXUrgent Not urgent

Important

Not important

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Page 20: Lean Startup Methods & Thinking: apply it in hackathon

SCRUM

In queue Doing Done

Task Task Task

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IDEA VALIDATION

@taavilindmaa

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Page 22: Lean Startup Methods & Thinking: apply it in hackathon

IDEA VALIDATION• A/B/n testing

• Twitter/FB polls

• Wufoo survey

• Poll daddy

• Eventbrite

• Google form

• Other teamsUse the feedback to refine your MVP

@taavilindmaa

Wednesday, September 11, 13

Page 23: Lean Startup Methods & Thinking: apply it in hackathon

A/B testing

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Page 24: Lean Startup Methods & Thinking: apply it in hackathon

Wufoo form

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Page 25: Lean Startup Methods & Thinking: apply it in hackathon

Eventbrite

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Page 26: Lean Startup Methods & Thinking: apply it in hackathon

LANDING PAGE

• Unbounce.com

• Launchrock.co

• Strikingly.com

• Wordpress templates

• Twitter Bootstrap - getbootstrap.com

@taavilindmaa

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Page 27: Lean Startup Methods & Thinking: apply it in hackathon

PITCH

• Landing page

• Cold email

• Cold call

• Fake ad

• Walking into the store and pitching the owner

• Kickstarter

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JUDGING CRITERIAS

@taavilindmaa

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CUSTOMER VALIDATION

• Interviewed customers?

• Integrated feedback?

• Build fanbase?

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BUSINESS MODEL

• Different from customers?

• Acquisitions/rollout strategy?

• Realistic revenue model?

@taavilindmaa

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Execution

• Created great clear pitch?

• Have a nice design?

• Built a functional prototype?

• Executed well as a team?

@taavilindmaa

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GET OUT OF THE BUILDING NOW!

@taavilindmaa

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CASE STUDY 1

How Trevor Saved 10k & 6 months

Wednesday, September 11, 13