This is a PowerPoint template for the Validation Board, as designed by the www.validationboard.com. The Validation Board can be used to manage hypothesis creation and testing when building and experimenting with new business models. We used validationboard's pdf template to create a PowerPoint template and added animations and post-it notes so it can be better used for educational purposes (e.g., in entrepreneurship classes). Please feel free to adopt for class use, but also remember to check www.validationboard.com for usage rights. They say that everyone is free to use and make money with their template, but if you plan to convert it into software (e.g., web page or app) then you need to buy a license for them.

1. Validation Board
Validation Board
Track Pivots Start 1st Pivot 2nd Pivot 3rd Pivot
Customer
Hypothesis Tip: One sticky note per box
Problem
Hypothesis Tip: For two-sided markets,
validate the riskiest side first
Solution
Hypothesis
Tip: Do not define a solution until you
have validated the problem
Project Team Leader
Core Assumptions
Any assumption that, if invalidated, will
break the business
Riskiest
Assumption
Method
Minimum
Success
Criterion
Design Experiment Results
GET
OUT
OF THE
BLDG
Validated
1 2 1 2
3 4 3 4
5 6 5 6
Which assumption is the most
uncertain?
What is the easiest way to test
the assumption?
What is the minimum outcome
still considered as validation?
If validated, explore the next
riskiest hypothesis
Only put the riskiest
assumption from an
experiment in these
boxes.
Record data and
insights separately
Template from www.validationboard.com
(free for educational use but not for commercial software design) Adapted and animated by Erkko Autio and Selina Cao
If invalidated, pivot at least one
core hypothesis
Invalidated
Tip: clear all post-its from this area after
each experiment is complete
Start Here!
GET
OUT
OF THE
BLDG

2. Validation Board
Validation Board
Track Pivots Start 1st Pivot 2nd Pivot 3rd Pivot
Customer
Hypothesis Tip: One sticky note per box
Problem
Hypothesis Tip: For two-sided markets,
validate the riskiest side first
Solution
Hypothesis
Tip: Do not define a solution until you
have validated the problem
Project Team Leader
Core Assumptions
Any assumption that, if invalidated, will
break the business
Riskiest
Assumption
Method
Minimum
Success
Criterion
Design Experiment Results
GET
OUT
OF THE
BLDG
Validated
1 2 1 2
3 4 3 4
5 6 5 6
Which assumption is the most
uncertain?
What is the easiest way to test
the assumption?
What is the minimum outcome
still considered as validation?
If validated, explore the next
riskiest hypothesis
Only put the riskiest
assumption from an
experiment in these
boxes.
Record data and
insights separately
Template from www.validationboard.com
(free for educational use but not for commercial software design) Adapted and animated by and Erkko Autio Selina Cao
If invalidated, pivot at least one
core hypothesis
Invalidated
Tip: clear all post-its from this area after
each experiment is complete