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Episode #126 Design & Plan Your Business (Replay)

Author
Gretchen Hernandez
Published
Fri 29 Jul 2022
Episode Link
https://www.myfreedomgrove.com/podcast-126

There is no wrong way to get started in business, all ways are the right way. You pick whatever works for you and whatever means you have for getting started.

I love using a Lean Value Canvas as a living document to keep you anchored in the process. It keeps evolving as you investigate and make adjustments  of your experiments.

Everything that you do is giving you more information about what works and what doesn't work for all nine of the sections. Today’s episode is all about skipping the business plan development process, and jumping into Lean Business Development with tons of experiments.

 

In this episode, we talk about:

  • Becoming an entrepreneur
  • The Lean Approach to Business Development vs the business plan model 
  • The 9-part-holy-grail of the Lean Value Canvas
    1. Customer Segment
    2. The Problem
    3. The Solution
    4. The Unique Value Proposition
    5. The Unfair Advantage
    6. Revenue Streams
    7. Channels
    8. Key Metrics
    9. Cost Structure

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