Lean Startup presentation to incubator and accelerator programmes in North East England

02/05/2023

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#LeanStartup thinking: evolution of what already is.

Justin Souter

#leanstartup| @souterconsults | @netparknet

02/05/2023#leanstartup| @souterconsults | @netparknet

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Incubators & Accelerators

02/05/2023#leanstartup| @souterconsults | @netparknet3


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Context Eric Ries

‘There.com’; IMVU Steve Blank

Investor, educator, and author Alex Osterwalder

PhD student & BMC inventor Jeff Gothelf

Lean UX & Designer

02/05/2023

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It’s this :)



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Vocabulary Minimal Viable Product Time to Learning Pivot (or persevere) Product-market fit Business Model Canvas Startup Innovation accounting Three engines of growth

02/05/20237 #leanstartup| @souterconsults | @netparknet

Customer development

02/05/2023

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3 Stages of a Startup


02/05/2023

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Validation Board



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Product management 2.0

Plans vs Models


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Value Proposition Canvas


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Lean Innovation


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Three Horizons of Innovation

Known

UnknownPartially known

Mission- Critical Projects

Existing Business Model:Process Innovation

Execute ProgramsContinuous Improvement

New/Disruptive Business Model

Makes MVP’s

New Opportunities viaBusiness Model Innovation

Runs PilotsMake Prototypes


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Managing Three Horizons of Innovation – Current

Existing Business Model:Process Innovation

Execute

New/Disruptive Business Model

Search

New Opportunities viaBusiness Model Innovation

Execute/Search

Known

UnknownPartially known

Lean Innovation MgmtProces

s Mgmt


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Relevance to you


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My proposition


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Human side of entrepreneurship


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Business Model Fit

02/05/2023#leanstartup| @souterconsults | @netparknet20

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