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Kelley Boyd | Think Experience



Learning to Challenge your
       Assumptions

           @msksboyd
Ass - u - m - ptions
Learning
• When do you
  “learn” something
• How do you learn
  it?
• What do you do
  with learning?
Challenge
    “To dispute as being invalid
    or outmoded”

    •Don’t like to challenge
    •Considered kind of an
    ass move

    •Critical to moving off a
    notion
Assumptions

• Starting Place
• The “UN”
  Assumer
• Super Freaky
Imonatelluastory




“ScootScooters”
Problem Statement

People can’t get where they
want to go in Manhattan
because there are too many
cars jacking up traffic.
Solution

More People should
  ride Scooters!
Assumptions
People Don’t ride Scooters because they
1. Don’t know where to buy them
2. Don’t feel like they know enough to
shop
3. Don’t know what other stuff they need
to do - ie. licensing - registration etc.
Let’s do it!


Customer Development

    e.g.Testing Assumptions
Whatchaneedtodois
•   Figure out who you think your customer is
    •   A person that wants to ride a scooter
•   Figure out where they are
    •   Craigslist - Dealers - On the street
•   Be a GOOB
    •   Stop thinking you know cause you don’t
        know even if you do know you don’t know
        you know - Go ask anyway!
Thenuneedtolearn
We learned this:
       •   People know where to buy a scooter just not sure
           whether they should - will they actually ride it?
       •   People that do buy scooters were usually very
           active in the “lifestyle”
       •   People selling scooters consistently had less than
           1000 miles on them - interesting!
       •   Places that rent scooters were not selling the
           rentals - just re-renting.
Thenuneedtolearn
We learned this:
      •   Dealerships that sold Scooters had a
          stable business - predictable and not large
      •   They did not really make money off the
          scooter - they make money off the stuff
      •   The farther people lived / worked from a
          subway stop the more likely to own a
          scooter
Sowhatchgonnadonow?
 •   Online Scooter Store does not work because
     they can’t be any cheaper and have a viable
     business.
 •   If you have lifestyle as a main driver - you
     aren’t going to deliver that best online -
     though you could create a community online
     for sure - but you need to feed it somehow
 •   PIVOT = Make a turn while keeping one foot
     firmly planted
What it was WAS
Yououghttaknow


 TERMS
Lean Startup Words
Defining “LEAN”

• “Lean” refers to a set of
  methodologies that allows you to
  net out the stuff that won’t work
  before you spend a sh*tload of
  time f*ckin with it.
“Iterate” vs “Pivot”
• Iterate: Making an adjustment to your
  target market or your feature set to
  achieve product market fit.
• Pivot: Making a 180 degree turn in
  your model because that just ain’t
  gonna work.
Defining “Startup”

• A startup is an organization
  formed to search for a repeatable
  and scalable business model.
 ~Steve Blank
Defining “Business Model”
  • A business model describes the
     rationale of how an organization
     creates, delivers, and captures value.
     ~ Osterwalder
   • A business model is the suite of
     methodologies the allow an
     organization to deliver a service or
     product into the market. ~ME
Ask me!

Kelley Boyd
@msksboyd

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Challenging ass

  • 1. Kelley Boyd | Think Experience Learning to Challenge your Assumptions @msksboyd
  • 2. Ass - u - m - ptions
  • 3. Learning • When do you “learn” something • How do you learn it? • What do you do with learning?
  • 4. Challenge “To dispute as being invalid or outmoded” •Don’t like to challenge •Considered kind of an ass move •Critical to moving off a notion
  • 5. Assumptions • Starting Place • The “UN” Assumer • Super Freaky
  • 7. Problem Statement People can’t get where they want to go in Manhattan because there are too many cars jacking up traffic.
  • 9. Assumptions People Don’t ride Scooters because they 1. Don’t know where to buy them 2. Don’t feel like they know enough to shop 3. Don’t know what other stuff they need to do - ie. licensing - registration etc.
  • 10. Let’s do it! Customer Development e.g.Testing Assumptions
  • 11. Whatchaneedtodois • Figure out who you think your customer is • A person that wants to ride a scooter • Figure out where they are • Craigslist - Dealers - On the street • Be a GOOB • Stop thinking you know cause you don’t know even if you do know you don’t know you know - Go ask anyway!
  • 12. Thenuneedtolearn We learned this: • People know where to buy a scooter just not sure whether they should - will they actually ride it? • People that do buy scooters were usually very active in the “lifestyle” • People selling scooters consistently had less than 1000 miles on them - interesting! • Places that rent scooters were not selling the rentals - just re-renting.
  • 13. Thenuneedtolearn We learned this: • Dealerships that sold Scooters had a stable business - predictable and not large • They did not really make money off the scooter - they make money off the stuff • The farther people lived / worked from a subway stop the more likely to own a scooter
  • 14. Sowhatchgonnadonow? • Online Scooter Store does not work because they can’t be any cheaper and have a viable business. • If you have lifestyle as a main driver - you aren’t going to deliver that best online - though you could create a community online for sure - but you need to feed it somehow • PIVOT = Make a turn while keeping one foot firmly planted
  • 15. What it was WAS
  • 17. Defining “LEAN” • “Lean” refers to a set of methodologies that allows you to net out the stuff that won’t work before you spend a sh*tload of time f*ckin with it.
  • 18. “Iterate” vs “Pivot” • Iterate: Making an adjustment to your target market or your feature set to achieve product market fit. • Pivot: Making a 180 degree turn in your model because that just ain’t gonna work.
  • 19. Defining “Startup” • A startup is an organization formed to search for a repeatable and scalable business model. ~Steve Blank
  • 20. Defining “Business Model” • A business model describes the rationale of how an organization creates, delivers, and captures value. ~ Osterwalder • A business model is the suite of methodologies the allow an organization to deliver a service or product into the market. ~ME

Notas do Editor

  1. \n
  2. Clever play on the word but is that really true? How important are assumptions in Lean?\n
  3. You learn something when you have committed it to memory\nBecause it has impacted you in a meaningful way\nYou integrate it into your “knowing”\nWhich means you have to occasionally re-validate it - stuff changes around what you learned - like Pluto is not a planet anymore - but it was, right?\n
  4. The overall impression of the word “challenge” is negative\nMost of the definitions have lots of negative words - but the definition that really works is \nThat to challenge something is kind of an ass move\nBut to challenge is to push beyond traditional thinking and is critical to moving off a notion\n
  5. Assumptions give you a starting place - something to test against\nIn fact Brant Cooper built a tool called “Un Assumer” that helps startups keep track of what they think they know and what is actually true\nThe best example I know of a repository that will always make you go HMMM is from the guys at Freakonomics. Freaky the stuff that people believe and don’t know why they think that.\n
  6. An online scooter store s people could just buy a scooter without having to over think it!\n
  7. \n
  8. \n
  9. \n
  10. \n
  11. \n
  12. \n
  13. \n
  14. \n
  15. \n
  16. \n
  17. \n
  18. Define Business Model\n
  19. Define Business Model\n
  20. Define Business Model\n
  21. \n