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Pick my brain.
Understanding growth
Sticky
Paid Acquisition
Viral



Growth Engines,
from The Lean Startup
by Eric Ries
Know your
numbers.



            Pirate Metrics, by Dave McClure
Know your
numbers.
Acquisition




              Pirate Metrics, by Dave McClure
Know your
numbers.
Acquisition
Activation




              Pirate Metrics, by Dave McClure
Know your
numbers.
Acquisition
Activation
Retention


              Pirate Metrics, by Dave McClure
Know your
numbers.
Acquisition
Activation
Retention
Referral

              Pirate Metrics, by Dave McClure
Know your
numbers.
Acquisition
Activation
Retention
Referral
Revenue
              Pirate Metrics, by Dave McClure
Option cards
Write down the big numbers and
growth engines you’re
considering, one per card.

Sticky
Paid Acquisition
Viral
Option cards
Write down the big numbers and
growth engines you’re
considering, one per card.

Sticky
Paid Acquisition
Viral

Acquisition
Option cards
Write down the big numbers and
growth engines you’re
considering, one per card.

Sticky
Paid Acquisition
Viral

Acquisition
Activation
Option cards
Write down the big numbers and
growth engines you’re
considering, one per card.

Sticky
Paid Acquisition
Viral

Acquisition
Activation
Retention
Option cards
Write down the big numbers and
growth engines you’re
considering, one per card.

Sticky
Paid Acquisition
Viral

Acquisition
Activation
Retention
Referral
Option cards
Write down the big numbers and
growth engines you’re
considering, one per card.

Sticky
Paid Acquisition
Viral

Acquisition
Activation
Retention
Referral
Revenue
What on earth are
you on about?
Tenacity
Good for vision,
inventing and improving.

Bad for getting stuck on
specifics that don’t work.
Know your options.
Business model prototyping
No writing on the canvas - use post-its
Use the post-its as you discuss. Move them around.
3 minutes max per model - quantity over quality

Tip - aim for around 4-7 post-its per model
Mentor Mental
Filtering
How do
authors
prebuild
customer lists?



                  One dynamic per card.
                  1 -3 dots per card.
How do
authors
prebuild
customer lists?
                  Will ppl buy pet
                  food on
                  Facebook?
                                     One dynamic per card.
                                     1 -3 dots per card.
How do
authors
prebuild                             Evan can intro
customer lists?                      me to Joe at
                  Will ppl buy pet   Initrode.
                  food on
                  Facebook?
                                     One dynamic per card.
                                     1 -3 dots per card.
How do
authors                                               Sell to y2k
prebuild                             Evan can intro   software houses
customer lists?                      me to Joe at     through Initrode
                  Will ppl buy pet   Initrode.
                  food on
                  Facebook?
                                     One dynamic per card.
                                     1 -3 dots per card.
Lock-in
through re-
installation
costs.
Lock-in
through re-    Will this offer
installation   differentiate
costs.         against GMail?
Lock-in
through re-    Will this offer   Big funding,
installation   differentiate     scale userbase
costs.         against GMail?    through paid
                                 channels.
Lock-in
through re-    Will this offer   Big funding,
installation   differentiate     scale userbase
costs.         against GMail?    through paid
                                 channels.
                                                  Greater cloud
                                                  adoption
                                                  opening a
                                                  market?

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Big Picture workshops - eleven

Editor's Notes

  1. [Useful exercise - use the canvas to spot gaps and ask questions in someone else’s model.] 5 minutes each.\n
  2. Ask about dyanmics and look for inconsistencies. Customer segment - how do they find out about you? Value proposition - where do people feel comfortable buying this kind of thing? What the hardest part to deliver it - do you have the resource/activity in place?\nAsk them to talk about the customer experience starting with not knowing a solution, to being a happy customer. \n\n
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  14. [The Business Model Canvas visually enhances conversations, so everyone has a clearer idea of what’s being discussed.]\n
  15. [There are many paths to your vision, and if you get stuck on one that doesn’t work, you’re probably committing your vision to failure. So understand your options.] Sex positions.\n
  16. [In groups, we’re using the canvas to explore multiple ideas.]\n
  17. Work on options of your own startup. \n1. Get your segmentation cards. Think of as many value propositions as possible.\n2. Pick one interesting new VP. If Steve Jobs was your business partner, what business model would deliver it?\n3. You have €10M but you need to spend it in a month. What do you launch?\n4. You have 48 hours to launch your business - ready to handle customers and take money - what’s your model?\n
  18. physchological trauma after the wall of noise. conflated ideas. charisma bias. complicated visions that makes sense only to you. You’ll find you only vaguely remember conversations, miss opportunities, and when explaining your idea - people will find it confusing. Option cards will help you.\n
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  22. Explain Business Model Evironment on a flipchart. (Industry forces (inc competition), Macroeconomic forces (inc funding cycles), Trends (Political, Economic, Social, Tech) and Market forces (including market needs)\n
  23. Explain Business Model Evironment on a flipchart. (Industry forces (inc competition), Macroeconomic forces (inc funding cycles), Trends (Political, Economic, Social, Tech) and Market forces (including market needs)\n
  24. Explain Business Model Evironment on a flipchart. (Industry forces (inc competition), Macroeconomic forces (inc funding cycles), Trends (Political, Economic, Social, Tech) and Market forces (including market needs)\n