Lean LaunchPad
The Business Model Growth Map
You know you need to clarify where your business model is headed. Whether you are just starting, scaling into growth, or you are the market share leader, you are always looking new ways to generate value. The most valued companies today never stop creating new business models. Profitable innovators change their business models twice as frequently as their peers. > 90% of all business model innovations recombine existing ideas and Read More
Do You Suffer From Value Proposition Confusion?
A word battle may be increasing your product fail rate “I’m not sure if we’ve fully described the pain points for the patient customer, let’s take another crack at that one,” said the product manager. She was trained as a computer scientist and was practicing a method she recently learned at a “Lean Startup for the Enterprise” workshop. “Customer pain? Why are we talking about pain points? That shouldn’t be anywhere Read More
Business 101.1 NYU ITP: Values, Value Proposition, and The Future of Business
We recently covered competing value proposition mental models as they relate to The Business Model Canvas and Lean Startup. Business 101.1 class 4 from Jennifer van der Meer We also took a pause to uncover the core motivations, values, and inherent friction in starting a social purpose-driven company. Business 101.1 class 5 from Jennifer van der Meer And customer relationships, customer channels, and running your first test: Business 101.1 class 6 Read More
NYU ITP Business 101.1 Innovation + Entrepreneurship
NYU ITP Fall Semester This course is about understanding the levers that drive business, and learning how to turn them into your favor. You will learn through experience and work in teams to develop a concept from the generation of an idea to launch or market test. Warning: the course involves a field work commitment of 5-6 hours per team per week. Much of the work of business model innovation Read More
Lean at ITP Workshop 2016
Changing to a workshop format this year to scale it up! What: Lean @ ITP When: Two weeks in January, 11-22 Location: NYU ITP 421 Waverly 4th Floor We embrace a creative, iterative, and collaborative approach to making things — but launching a product out into the world takes a somewhat different set of skills. How does one make sure people want to use what they make? How does one figure out how Read More
The Promises and Perils of the Hollywood Style Pitch
How can organizations quickly and effectively gain support for new business ideas? Hollywood wheeler-dealers are famous for pitching new movies to studios with a formula that combines two successful old movies. Robert Altman’s 1992 comedy The Player fictionalized pitchmen who proposed such fantastic ideas as “Out of Africa meets Pretty Woman” and “Ghost meets The Manchurian Candidate.” Technology companies are also prone to ridiculous-sounding analogies when touting their potential. A recent Read More
NYU ITP Pitchfest Workshop 1
June 1: 2015 Why we do this Get an audience outside of the cozy world of ITP Thesis feedback Respond to genuine interest from investors Help you understand how to launch ideas that just need to exist in the world Which means we’ve expanded our aim – we are not just seeking high growth, high scale companies. We welcome everyone that has a compelling concept What we need from you Read More
Selling Science: Applying Lean at the NSF I-Corps
Published at the NYU Entrepreneurs Blog Part 1 and Part 2. — Lessons Learned at the NSF’s I-Corps for Learning program: “Parents didn’t even know what STEM was, nor STEAM!” exclaimed a conference participant. Similar concerns could be heard from many of the academic and entrepreneurial educators this April, streaming out of the San Francisco Marriott after their first few days in windowless meeting rooms and actually talking to parents – Read More