Some Perspective (Nspire Discovery Series)
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My slide deck from the Nspire Discovery Series hosted at the University of Toronto. Presentation was 15 minutes with Q&A. Shared my perspective on 'the modern tools of creation' for early stage application companies. Topics included: perception vs reality, how the environment has changed, approaches to applications, business model generation, customer development, lean startup, etc. Learn more about this event at http://nspire.org or #nspire_ds. Contact me anytime @skanwar or http://jetcooper.com.
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Some Perspective (Nspire Discovery Series)
- 1. Some Perspective! Nspire Discovery Series ! ! Satish Kanwar! January 20, 2011!
- 2. Hello, meet Jet Cooper and I! We’re a design agency that creates smart, capable and beautiful experiences for people • Partner at Jet Cooper • Co-Founder at Task Ave. • Co-Chair at TEDxToronto • Co-Organizer at Lean Coffee TO • Entrepreneur • Geek • Friend
- 3. Disclaimers! Terms and conditions of what you learn. • There are no best ways, just better ways. • Practice is greater than theory. • It never stops changing.
- 4. Making Stuff! Exploring ‘The Modern Tools of Creation’.
- 5. Perception! Starting a startup / app / thing is… • Everywhere • Scripted • Hot
- 8. Reality! Starting a startup / app / thing is… • Everywhere around your network • Scripted when you’re scaling • Hot if you make it
- 9. Environment! Seeing what stuff is going on.
- 10. How has stuff changed?! There are new forces with you. • Invention of marketplaces • Availability of the social graph • Reality of the second mover advantage
- 12. Where is stuff going?! There are more forces still coming. • Context, not static • Platforms, not websites • Experiences, not technology
- 14. Approaches! Figuring out how to do it.
- 15. Define ʻstartupʼ! A startup is a team in search for a repeatable, scalable business model. – Steve Blank
- 16. Define ʻbusiness modelʼ! A business model is how something makes, gives and gets value. – Alex Osterwalder
- 17. Define ʻvalueʼ! The value is what customers are willing " to pay for. – Someone
- 18. How do you approach stuff?! There’s a methodology for that. • Business Model Generation • Customer Development • Lean Startup
- 19. Business Model Generation! Systematically understand, design and differentiate. • Not your static business plan • Done in collaboration • Used for iteration Alex Osterwalder ‘Business Model Generation’
- 21. Test! Test test • Business models http://jasonfurnell.wordpress.com/2010/12/02/business-model-canvas-facilitator-cards/
- 22. Test! Test test • Business models http://businessmodelgeneration.com/downloads.php
- 23. Customer Development! Find problem + solution fit. • Talk to your customers first and often • Test things again and again • Used for iteration Steve Blank ‘The Four Steps to the Epiphany’
- 24. Test! Test test • Business models
- 25. Lean Startup! Find product + market fit. • Customer development meets agile development • Eliminate unnecessary waste, not be cheap • Used for MVP = minimum viable product Eric Ries ‘The Lean Startup’
- 26. Test! Test test • Business models http://www.startuplessonslearned.com/2010/09/good-enough-never-is-or-is-it.html
- 27. Resources! Sharing what we’re doing now.
- 28. Lots of them! You just have to make the time. • Twitter • Slideshare • Lean Coffee Toronto
- 29. High five! How Jet Cooper helps. • Users come first • Experimenting a MVP in 90 days • Coffee, co-working and crashpad support
- 30. Say Hello! I’m always here and happy to help. ! @skanwar #jetcooper! satish@jetcooper.com!