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Lean Innovation Lean Development Lean Startup Disrupting the status quo without risking everything. By DiamondHead Strategies
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Lean Innovation | Lean Development | Lean Startup

Nov 18, 2014

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Stop wasting time and money building businesses and products that people won't buy. Learn how to build a business, innovate and launch new products the LEAN way.
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Page 1: Lean Innovation | Lean Development | Lean Startup

Lean Innovation Lean

Development Lean Startup

Disrupting the status quo without risking

everything.By DiamondHead Strategies

Page 2: Lean Innovation | Lean Development | Lean Startup

Have an idea?

Page 3: Lean Innovation | Lean Development | Lean Startup

How good is it?

Page 4: Lean Innovation | Lean Development | Lean Startup

I mean bet the farm good?

Page 5: Lean Innovation | Lean Development | Lean Startup

You know, million dollar good?

(Scalable?)

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Billion dollar good?

Page 7: Lean Innovation | Lean Development | Lean Startup

You could make a business plan.

Page 8: Lean Innovation | Lean Development | Lean Startup

Do the market research

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Create the product

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What if nobody wants it?

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Because that’s what usually happens…90% of the time.

Page 12: Lean Innovation | Lean Development | Lean Startup

What do you mean nobody wants my

product?!!

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I made a 60 page business plan

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I did the market research to find out what people wanted.

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Besides, it cost an arm and a leg to make this thing.

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Business plans are

just guesses

They become outdated at first contact with a real customer.

Page 17: Lean Innovation | Lean Development | Lean Startup

And market research?

…a vague idea based on surveys.

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If Henry Ford had done market research his customers would

have said they wanted a faster horse.

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Companies fail because they spend a lot of time and money building stuff

nobody wants.

RealityIdea

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They build stuff based on guesses.

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STOP it.

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Stop wasting money

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Stop wasting time.

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Stop wasting your dreams.

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There’s another way to do this.

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A better way

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It’s called LEAN

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Manufacturing has been using it for years.

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Only here, we apply it to new products, start ups

and innovation.

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To save lots of time and piles

of money.

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Lean means only doing what matters and getting

rid of the rest.

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HOW?

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Learn & Discover first,

fast and cheap.

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To preserve cash and learn as fast as possible. To answer…

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…just how good is this idea?

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Q: How do I innovate my idea

so that millions of people actually want it?

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What we need is a system…a LEAN

system…fast, cheap and that works.

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A system that rapidly generates innovative business models

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…and rapidly tests them…cheaply.

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It exists.

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Here’s the view

from 40,000 feet…

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Ingredient 1: Ideas

IDEA Stream

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Ingredient 2: Something to test

Minimum viable

product

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Ingredient 3: Rapid & Cheap testing

Test the product on the cheap

Page 45: Lean Innovation | Lean Development | Lean Startup

Ingredient 4: Draw some conclusions

Learn & Discover

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Ingredient 5: Innovate

Adaptation

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SPEED

The Faster the better

Speed means efficiency

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Adapted IDEA

The Pivot

Escape Velocity

A system to find Escape Velocity: Innovation perfected.

Repeat until…escape velocity (an idea so good customers will knock your doors down)

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IDEA Stream

Build Minimum

viable product

TEST the product cheaply

Learn

Agile Innovation

The PivotSPEED

SPEED

SPEED

FAST AGILE innovation that promises results.

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Workshops | Consultation | Speaking

Corporations | Start up’s | Non-profits

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DiamondHead Strategies

Number 1 in St. Louis for…LEAN

Innovation | Start up | Development

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Contact us today to learn more

1.314.403.2299contact@DiamondHeadStrategies.

com