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ORGANIZATION
Then        Now

Aping       Customer
       ==   Development


                  Copyright 2012 Cowan Publishing
ORGANIZATION




               ≠


                   Copyright 2012 Cowan Publishing
ORGANIZATION




               Copyright 2012 Cowan Publishing
ORGANIZATION
                          X: Big          X: Lack of                X: New
                          Company         Experience                Theories to
        X: < Odds         != Small        in Hands-on               Explain Plan
        at Lotto          Company         Discovery                 v. Actual
        5 Year Plan       VC-             Big                       Time to
               ==         Encouraged      Company                   Face the
        10x Returns!      Menagerie       Recipes                   Music
                                          Applied

                                                            +                               +


Founders          Investors       New Hires             Expanded Team                   Board
New Idea!        It Works!                                Working 5                  Frequent
                                                          Year Plan                  Revisions to
                 X: Want
                                                          X: Better                  Plan ==
                 Lots of
                                                          Luck with                  Edgy Board
                 Capital at
                 Work                                     the Lottery                X: Fun and
                                                                                     Profit-
                                                                                     Unlikely

                                                                        Copyright 2012 Cowan Publishing
ORGANIZATION
         Lower                                                  Validated
       Risk &             Clear                               Learning
       Capital          Focus in                              Answers
       Requirement      Hiring &                              Shared
       Key              Contracting                           Questions
       Assumptions      Resources                             Time to
       ID’ed,           As Needed                             Face the
       Validated                                              Music

                                                    +                                 +


Founders        Investors        New Hires     Expanded Team                      Board
New Idea!      Investors?        Focus on        Full Tilt at a                Is approach
               Advisors?         Validated       ‘Pivot or                     working or
                 Option for      Learning        Persevere’                    not?
               Non-                Roles and     Moment
                                                                                 Fun &
               Traditional       Success            Progress                   Profit
               Funding           Criteria        is Quick
               Strategies        Clear           and
                                                 Measurable

                                                                  Copyright 2012 Cowan Publishing
(THE REST?)         www.alexandercowan.com/speaking



                    @cowanSF



                    www.alexandercowan.com/blog




                    www.alexandercowan.com/resources
 LEARN




           DESIGN



         VALIDATE




                    acowan@alexandercowan.com


                                                       Copyright 2012 Cowan Publishing

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Product Development - Organization & Customer Development

  • 1. ORGANIZATION Then Now Aping Customer == Development Copyright 2012 Cowan Publishing
  • 2. ORGANIZATION ≠ Copyright 2012 Cowan Publishing
  • 3. ORGANIZATION Copyright 2012 Cowan Publishing
  • 4. ORGANIZATION X: Big X: Lack of X: New Company Experience Theories to X: < Odds != Small in Hands-on Explain Plan at Lotto Company Discovery v. Actual 5 Year Plan VC- Big Time to == Encouraged Company Face the 10x Returns! Menagerie Recipes Music Applied + + Founders Investors New Hires Expanded Team Board New Idea! It Works! Working 5 Frequent Year Plan Revisions to X: Want X: Better Plan == Lots of Luck with Edgy Board Capital at Work the Lottery X: Fun and Profit- Unlikely Copyright 2012 Cowan Publishing
  • 5. ORGANIZATION Lower Validated Risk & Clear Learning Capital Focus in Answers Requirement Hiring & Shared Key Contracting Questions Assumptions Resources Time to ID’ed, As Needed Face the Validated Music + + Founders Investors New Hires Expanded Team Board New Idea! Investors? Focus on Full Tilt at a Is approach Advisors? Validated ‘Pivot or working or Option for Learning Persevere’ not? Non- Roles and Moment Fun & Traditional Success Progress Profit Funding Criteria is Quick Strategies Clear and Measurable Copyright 2012 Cowan Publishing
  • 6. (THE REST?) www.alexandercowan.com/speaking @cowanSF www.alexandercowan.com/blog www.alexandercowan.com/resources LEARN DESIGN VALIDATE acowan@alexandercowan.com Copyright 2012 Cowan Publishing