Startup Tool Kit
We have availed a set of tools; templates, articles and other industry data to enhance your knowledge and make your start up journey all the more worthwhile. The Business Model Canvas and Lean Startup Philosophy is the backbone of our curriculum.
The Business Model Canvas
The Business Model Canvas is a strategic management and lean startup template for developing new or documenting existing business models. It is a visual chart with elements describing a firms or product’s value proposition, infrastructure, customers, and finances. No matter how good a product or idea is, without the right business model it will not be a success. At the same time, in any young venture the business model is constantly changing and must be adaptable. To accommodate for this we use the Business Model Canvas which can easily be altered to react to changes in the market or pivots in the venture.
Lean Startup Methodology
The Lean Startup provides a scientific approach to creating and managing startups and get a desired product to customers’ hands faster. The Lean Startup method teaches you how to drive a startup-how to steer, when to turn, and when to persevere-and grow a business with maximum acceleration. It is a principled approach to new product development.
Too many startups begin with an idea for a product that they think people want. They then spend months, sometimes years, perfecting that product without ever showing the product, even in a very rudimentary form, to the prospective customer. When they fail to reach broad uptake from customers, it is often because they never spoke to prospective customers and determined whether or not the product was interesting. When customers ultimately communicate, through their indifference, that they don’t care about the idea, the startup fails.
We have availed more Resources in partnership with Venture Founders. To view look here.