GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

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Deck from the Science Fair where people were asked to pitch the problem they are solving and the customer rather than the solution, business model and other elements in usual pitch competitions. Then, rather than show a prototype or a demo, they were asked to present one thing they demolished. One fear that they were no longer afraid of. One feature they know is unnecessary. One customer they know don't have a problem. One stigma that they...

Transcript of GEW14 Thanks @KauffmanFDN, @ecjc_ks, @kc_sourcelink | Science Fair + Demolish Day

A minimum viable presentation

(which will begin at 6:53)prepared for #GEWKClean

@adamberk@dianakander@lesamitchell

@jacksonlindauer@anitabnewton@ryanabennett@nathankurtz@ArielMediaKC

We are here to help :)

#GEWKClean

The most annoying or frustrating thing…. today (or this week)...

Scientists do not coddle ideas. They crash test

them. They run them into a brick wall at sixty miles per

hour. If the idea is sound the pieces will be of the

wall.

“Yeah runnin' down a dreamThat never would come to me

Workin' on a mystery, goin' wherever it leads

Runnin' down a dream.”

-Tom Petty (rock n roll singer)

THINK.TEST.PROVE.

Prove Wrong? Think differentProve Right? Think BIGGER

-aa-ALBERT EINSTEINjust kidding!!!!!!!!!!!!!!:)

“Do things that don't scale”

-Paul Graham

Isolate your variables and assumptionstest them independently

Test the riskiest

ones first

CUSTOMERS have multiple

PROBLEMS PROBLEMShave multiple

SOLUTIONS SOLUTIONS SOLUTIONS SOLUTIONS SOLUTIONS SOLUTIONS SOLUTIONS SOLUTIONS

PERFECTION is achieved

NOT when there is nothing left to A D D ,

BT WHN THRE ISNTHING LFT TO

TAKE AWY

If you

cannot explain it simply, you

do not

UNDERSTAND IT well enough.

<<< That guy

If you think your customer segment is

MILLENNIALS, YOUNG PROFESSIONALS, EVERYONE, SMBs, MULTIPLE ACTORS, YOUR MENTORS, PEOPLE WHO HAVE A VESTED INTEREST IN BUILDING YOUR SOLUTION (added after the webinar) FRIENDS, FAMILY,

you do not

UNDERSTAND IT well enough.

<<< That guy

If you think the problem you are solving is

LACK OF TIME, LACK OF MONEY, LACK OF CUSTOMERS, LACK OF YOUR SOLUTION,

you do not

UNDERSTAND IT well enough.

<<< That guy

“I want to solvethis problem

for this person,because”

-You

PITCH

“I want to solvethis problem

for this person,because”

-You

“I believe this person, has this

problem.”-You

bit.ly/GEWproblemsonly

#GEWKClean

A minimum viable #CUSTDEV presentation

(which will begin at 10:20)Experiment design 10:40

GET OUT 11:00#GEWKClean

Customer DevelopmentProblem/Customer fit. No solutions

Good idea? Who cares!

Good idea? Who cares?

Good idea? Prove it!

an early adopter is someone who tells you it is a problem before you

tell them

Fact or Problem?Headaches or Migraine?

Every day or Once a year?

MILKSHAKES

GOOB (credit, Steve Blank)

Pulldon't push - it's harder than it seems.

PASTnot future

They may not know WHAT they want, but they have to want SOMETHING

NO SURVEYSNO SOLUTIONS

NO FOCUS GROUPSNO EXCUSESNO B2B2BS NO WOULD

NO FRIENDS NO FUTURE

GET OUT OF HEREhttp://bit.ly/learn_by_listeninghttp://bit.ly/help_us_learn

The value is in running the first experiment not designing it.

GET BACK IN HEREhttp://bit.ly/learn_by_listeningEnter 5+ per PERSONThe value in the first experiment is running it not designing it, so the design of experiment 2 is sound.

BY 3pm write down your exact problem and customer AND PUT THE CUSTOMER ON THE WALL

“What is your problem?” - entrepreneur“I want more customers. I don’t want a website.” - customer

As the entrepreneur, assuming this is a pattern, you can choose to…

1. get them more customers without a website2. convince them they need a website3. solve a different problem4. find a new customer segment

At 5:45 we will complete the venn. What do you think is the IDEAL SOLUTION for your CURRENT CUSTOMER AND PROBLEM HYPOTHESIS. What is the least you need to do to “SELL” that solution to that customer TODAY

I believe that 1 professional --- in Norway CUSTOMER, wants to rent this 1000usd LED light SOLUTION. I will prove it by having one of them *rent one for 200 usd for 2 days via online form PERFORMING THIS VALUE ACTION by FRIDAY 11/21.

I believe that 1 festival owner in Bergen CUSTOMER, wants to go up in quality SOLUTION. I will prove it by having one of them *agree to include our survey on “official festival channels” PERFORMING THIS VALUE ACTION by FRIDAY December 1. (not all experiments can be boxed in BUT THIS ONE CAN:)

It is patent pending… I would rather not run an experiment.

I believe that 10 parents close to Bergen CUSTOMER, don’t use the cart seat because it is gross and unsafe BUT WANT TO. SOLUTION. I will prove it by having REMA1000 intend to purchase 5 carts (will describe) in 2 weeks.

SOOOOOO?cognitive dissonance at its finest

1. www.unbounce.com2. adam@neighborrow.com GREEN

button on the left 3. PASSWORD4. “Create a new page”5. name it with your email (so I can get

you traffic)

“I believe this many people will take this action in exchange for {your solution} by 4pm because I

KNOW for a fact that they have this problem.”

-You

HOW MANY APPS DO YOU HAVE ON YOUR PHONE?

Leave nothing but footprints take nothing but photographs

APPOINTMENTS DON’T COUNT(but you will talk to 5 festival owners by

NEXT THURSDAY)

@RubeGoldberg

Manual

1. One thing you learned2. One thing you demolished3. One thing you need --->