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Photography by Loet Koreman
Lean Startup in
Practice
By Kees Blok
Kees Blok
Business Coach (@BW Ventures)
Serial Entrepreneur
Helping Startups and
Corporates innovate
Raised 1 Million Euro
Been to Silicon Valley and Back
NOW you have an
Idea
IF you
Persevere,
You’ll win.
…But it will take
a Long LONG
time.
How to save Time?
Make decisions
based on DATA
Test Test Test Test Test Test Test
Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
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Test Test Test Test Test Test
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Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
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Test Test Test Test Test Test
Test Test Test Test Test Test
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MOST STARTUPS FAIL BECAUSE THEY
Quit.
Why?
They Lose Motivation after failure.
Why?
If you do Not Test your PRODUCT you
fight an uphill battle
What To test?
your assumptions
about what You think
will work
What is Your
Most Important assumption?
People Want
Faster or Better
Phones and
Computers
People Want
Better quality
take-away food
Your most important
Assumption is related to the
problem you think customers
have
Innovation that
does not solve a
problem is useless
What is your most important
assumption?
Write it down!
Who do I want to talk to Find
out?
MOM? FRIENDS?
NO!
Professionals that
need fast devices
like Engineers &
designers
How Do We understand our
customers?
We need to talk to them in
Person!
Never create a
product before you
really know what
your customer
wants.
What to ask?
- Would you like a new
computer?
- NO
- Would you buy a new
computer?
- NO
- Which computer do you use?
- YES
- What frustrates you about
your computer?
- YES
- We need to understand their
behavior and problems.
Every good product
or service is based
on a problem.
Case Study
Selling Last Minute Tickets
CASUS 3CURRY RESTAURANT
CASUS 3CURRY RESTAURANT
Students
in Tilburg
Didn’t want
to buy
expensive
tickets
Students
don’t buy
expensive
tickets
Interview
12/15
CASUS 3CURRY RESTAURANT
Interview
2/15
Students
don’t
experience
any
problem
Students
in
Eindhoven
Didn’t want
to buy
expensive
tickets
Students
don’t buy
expensive
tickets
Interview
12/15
CASUS 3CURRY RESTAURANT
Interview
2/15
Students
don’t
experience
any
problem
Students in
Eindhoven
Didn’t want
to buy
expensive
tickets
Students
don’t buy
expensive
tickets
Interview
12/15
Young
Parents
Young
parents don’t
go on a trip
Having
trouble
finding a trip
Interview
7/10
Interview
9/10
Young
parents
don’t know
what to do
CASUS 3CURRY RESTAURANT
Interview
2/15
Students
don’t
experience
any
problem
Students in
Eindhoven
Didn’t want
to buy
expensive
tickets
Students
don’t buy
expensive
tickets
Interview
12/15
Young
Parents
Young
parents don’t
go on a trip
Having
trouble
finding a trip
Interview
7/10
Interview
9/10
Young
parents
don’t know
what to do
Young
Parents
Young
parents don’t
go on a trip
Having
trouble
finding a trip
CASUS 3CURRY RESTAURANT
Interview
2/15
Students
don’t
experience
any
problem
Students in
Eindhoven
Didn’t want
to buy
expensive
tickets
Students
don’t buy
expensive
tickets
Interview
12/15
Young
Parents
Young
parents don’t
go on a trip
Having
trouble
finding a trip
Interview
7/10
Interview
9/10
Young
parents
don’t know
what to do
Young
Parents
Young
parents don’t
go on a trip
Having
trouble
finding a trip
Pitch MVP
9/10
CASUS 3CURRY RESTAURANT
Interview
2/15
Students
don’t
experience
any
problem
Students in
Eindhoven
Didn’t want
to buy
expensive
tickets
Students
don’t buy
expensive
tickets
Interview
12/15
Young
Parents
Young
parents don’t
go on a trip
Having
trouble
finding a trip
Interview
7/10
Interview
9/10
Young
parents
don’t know
what to do
Young
Parents
Young
parents don’t
go on a trip
Having
trouble
finding a trip
Pitch MVP
9/10
PitchMVP
9/10
Sunday
morning is
crucial
CASUS 3CURRY RESTAURANT
Interview
2/15
Students
don’t
experience
any
problem
Students in
Eindhoven
Didn’t want
to buy
expensive
tickets
Students
don’t buy
expensive
tickets
Interview
12/15
Young
Parents
Young
parents don’t
go on a trip
Having
trouble
finding a trip
Interview
7/10
Interview
9/10
Young
parents
don’t know
what to do
Young
Parents
Young
parents don’t
go on a trip
Having
trouble
finding a trip
Pitch MVP
9/10
Pitch MVP
9/10 ->
800 email
Sunday
morning is
crucial
Young
Parents
Having
trouble
finding a trip
Offering 3
trips
Young
parents
don’t book
trips
Pitch MVP
20% clicks
What to test NEXT?
BLUE WHALE VENTURES Lea n c a n v a s
pr o bl em
List your top 1-3 problems.
ex i s t i n g a l t er n at i v es
List how these problems are solved today.
c o s t s t r u c t u r e
List your fixed and variable costs.
REVENUE STREAMS
List your sources of revenue.
h i g h -l ev el c o n c ept
List your X for Y analogy e.g.
YouTube = Flickr for videos.
Ea r l y a d o pt er s
List the characteristics of your ideal customers.
SOLUTION
Outline a possible solution for each problem.
k ey met r i c s
List the key numbers that tell you how your
business is doing.
Ch a n n el s
List your path to customers (inbound or outbound).
u n i q u e v a l u e
pr o po s i t i o n
Single, clear, compelling message that states
why you are different and worth paying attention.
u n f a i r a d va n t a g e
Something that cannot easily be bought or copied.
c u s t o mer s eg men t s
List your target customers and users.
Original by Arsh Maurya
Blue Whale Ventures, Luchthavenweg 81, Eindhoven
www.bluewhaleventures.com
STARTUP FASEs
The Lean Canvas Is
your Map
- Customer Segment ?
- Problem ?
- Solution ?
- Unique Value Proposition ?
- Unfair Advantage ?
- Key Metrics ?
- Cost Structure ?
- Revenue Streams ?
- Channels ?
BLUE WHALE VENTURES Lea n c a n v a s
pr o bl em
List your top 1-3 problems.
ex i s t i n g a l t er n at i v es
List how these problems are solved today.
c o s t s t r u c t u r e
List your fixed and variable costs.
REVENUE STREAMS
List your sources of revenue.
h i g h -l ev el c o n c ept
List your X for Y analogy e.g.
YouTube = Flickr for videos.
Ea r l y a d o pt er s
List the characteristics of your ideal customers.
SOLUTION
Outline a possible solution for each problem.
k ey met r i c s
List the key numbers that tell you how your
business is doing.
Ch a n n el s
List your path to customers (inbound or outbound).
u n i q u e v a l u e
pr o po s i t i o n
Single, clear, compelling message that states
why you are different and worth paying attention.
u n f a i r a d va n t a g e
Something that cannot easily be bought or copied.
c u s t o mer s eg men t s
List your target customers and users.
Original by Arsh Maurya
Blue Whale Ventures, Luchthavenweg 81, Eindhoven
www.bluewhaleventures.com
What happens after
You have validated
All The Area’s in
Your Lean Canvas?
You can Look for
Investment.
Test Test Test Test Test Test Test Test
Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Test Test Test Test Test Test
Never stop testing
Testing is how you
learn what works
just continue testing
smaller Assumptions
Thank YOU
Kees Blok
06 – 29 09 72 63
linkedin.com/in/pcablok
keesblok@gmail.com

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Presentation @ Eindhoven Student Business Club 2018

  • 1. Photography by Loet Koreman Lean Startup in Practice By Kees Blok
  • 2. Kees Blok Business Coach (@BW Ventures) Serial Entrepreneur Helping Startups and Corporates innovate Raised 1 Million Euro Been to Silicon Valley and Back
  • 3. NOW you have an Idea
  • 4. IF you Persevere, You’ll win. …But it will take a Long LONG time.
  • 5. How to save Time?
  • 7. Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test
  • 8.
  • 9. MOST STARTUPS FAIL BECAUSE THEY Quit. Why? They Lose Motivation after failure. Why? If you do Not Test your PRODUCT you fight an uphill battle
  • 10.
  • 11. What To test? your assumptions about what You think will work
  • 12. What is Your Most Important assumption?
  • 13. People Want Faster or Better Phones and Computers
  • 15. Your most important Assumption is related to the problem you think customers have
  • 16. Innovation that does not solve a problem is useless
  • 17. What is your most important assumption? Write it down!
  • 18. Who do I want to talk to Find out? MOM? FRIENDS? NO!
  • 19.
  • 20.
  • 21. Professionals that need fast devices like Engineers & designers
  • 22. How Do We understand our customers? We need to talk to them in Person!
  • 23. Never create a product before you really know what your customer wants.
  • 24. What to ask? - Would you like a new computer? - NO - Would you buy a new computer? - NO - Which computer do you use? - YES - What frustrates you about your computer? - YES - We need to understand their behavior and problems.
  • 25. Every good product or service is based on a problem.
  • 26. Case Study Selling Last Minute Tickets
  • 28. CASUS 3CURRY RESTAURANT Students in Tilburg Didn’t want to buy expensive tickets Students don’t buy expensive tickets Interview 12/15
  • 29. CASUS 3CURRY RESTAURANT Interview 2/15 Students don’t experience any problem Students in Eindhoven Didn’t want to buy expensive tickets Students don’t buy expensive tickets Interview 12/15
  • 30. CASUS 3CURRY RESTAURANT Interview 2/15 Students don’t experience any problem Students in Eindhoven Didn’t want to buy expensive tickets Students don’t buy expensive tickets Interview 12/15 Young Parents Young parents don’t go on a trip Having trouble finding a trip Interview 7/10 Interview 9/10 Young parents don’t know what to do
  • 31. CASUS 3CURRY RESTAURANT Interview 2/15 Students don’t experience any problem Students in Eindhoven Didn’t want to buy expensive tickets Students don’t buy expensive tickets Interview 12/15 Young Parents Young parents don’t go on a trip Having trouble finding a trip Interview 7/10 Interview 9/10 Young parents don’t know what to do Young Parents Young parents don’t go on a trip Having trouble finding a trip
  • 32. CASUS 3CURRY RESTAURANT Interview 2/15 Students don’t experience any problem Students in Eindhoven Didn’t want to buy expensive tickets Students don’t buy expensive tickets Interview 12/15 Young Parents Young parents don’t go on a trip Having trouble finding a trip Interview 7/10 Interview 9/10 Young parents don’t know what to do Young Parents Young parents don’t go on a trip Having trouble finding a trip Pitch MVP 9/10
  • 33. CASUS 3CURRY RESTAURANT Interview 2/15 Students don’t experience any problem Students in Eindhoven Didn’t want to buy expensive tickets Students don’t buy expensive tickets Interview 12/15 Young Parents Young parents don’t go on a trip Having trouble finding a trip Interview 7/10 Interview 9/10 Young parents don’t know what to do Young Parents Young parents don’t go on a trip Having trouble finding a trip Pitch MVP 9/10 PitchMVP 9/10 Sunday morning is crucial
  • 34. CASUS 3CURRY RESTAURANT Interview 2/15 Students don’t experience any problem Students in Eindhoven Didn’t want to buy expensive tickets Students don’t buy expensive tickets Interview 12/15 Young Parents Young parents don’t go on a trip Having trouble finding a trip Interview 7/10 Interview 9/10 Young parents don’t know what to do Young Parents Young parents don’t go on a trip Having trouble finding a trip Pitch MVP 9/10 Pitch MVP 9/10 -> 800 email Sunday morning is crucial Young Parents Having trouble finding a trip Offering 3 trips Young parents don’t book trips Pitch MVP 20% clicks
  • 35. What to test NEXT?
  • 36. BLUE WHALE VENTURES Lea n c a n v a s pr o bl em List your top 1-3 problems. ex i s t i n g a l t er n at i v es List how these problems are solved today. c o s t s t r u c t u r e List your fixed and variable costs. REVENUE STREAMS List your sources of revenue. h i g h -l ev el c o n c ept List your X for Y analogy e.g. YouTube = Flickr for videos. Ea r l y a d o pt er s List the characteristics of your ideal customers. SOLUTION Outline a possible solution for each problem. k ey met r i c s List the key numbers that tell you how your business is doing. Ch a n n el s List your path to customers (inbound or outbound). u n i q u e v a l u e pr o po s i t i o n Single, clear, compelling message that states why you are different and worth paying attention. u n f a i r a d va n t a g e Something that cannot easily be bought or copied. c u s t o mer s eg men t s List your target customers and users. Original by Arsh Maurya Blue Whale Ventures, Luchthavenweg 81, Eindhoven www.bluewhaleventures.com
  • 38.
  • 39. The Lean Canvas Is your Map - Customer Segment ? - Problem ? - Solution ? - Unique Value Proposition ? - Unfair Advantage ? - Key Metrics ? - Cost Structure ? - Revenue Streams ? - Channels ?
  • 40. BLUE WHALE VENTURES Lea n c a n v a s pr o bl em List your top 1-3 problems. ex i s t i n g a l t er n at i v es List how these problems are solved today. c o s t s t r u c t u r e List your fixed and variable costs. REVENUE STREAMS List your sources of revenue. h i g h -l ev el c o n c ept List your X for Y analogy e.g. YouTube = Flickr for videos. Ea r l y a d o pt er s List the characteristics of your ideal customers. SOLUTION Outline a possible solution for each problem. k ey met r i c s List the key numbers that tell you how your business is doing. Ch a n n el s List your path to customers (inbound or outbound). u n i q u e v a l u e pr o po s i t i o n Single, clear, compelling message that states why you are different and worth paying attention. u n f a i r a d va n t a g e Something that cannot easily be bought or copied. c u s t o mer s eg men t s List your target customers and users. Original by Arsh Maurya Blue Whale Ventures, Luchthavenweg 81, Eindhoven www.bluewhaleventures.com
  • 41. What happens after You have validated All The Area’s in Your Lean Canvas? You can Look for Investment.
  • 42. Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Test Never stop testing Testing is how you learn what works just continue testing smaller Assumptions
  • 43. Thank YOU Kees Blok 06 – 29 09 72 63 linkedin.com/in/pcablok keesblok@gmail.com