How to increase the value of your Startup Portfolio with Lean Innovation

Fredi Schmidli

Zürich, 9. September 2015

How to increase the Value of your Startup Portfolio with Lean Innovation

109.09.15 www.pragmatic-solutions.ch

Fredi Schmidli

• Economist and BA• Management Teams in various functions• Entrepreneur• Business Angel and Board Member of www.startangels.ch• Partner of www.pragmatic-solutions.ch

09.09.15 www.pragmatic-solutions.ch 2

http://www.startangels.ch/

Goal: To improve the success rate

Source: Ash Maurya «Running Lean»

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• 66% of successful products/companies significantly change original business idea

• Develop product in half the time and at half the cost (GE)

• Reduce failure: “wrong” product and “premature” scaling

• "Using lean methods across a portfolio of start-ups will result in fewer failures than using traditional methods“.Steve Blank: https://hbr.org/2013/05/why-the-lean-start-up-changes-everything


https://hbr.org/2013/05/why-the-lean-start-up-changes-everything

https://hbr.org/2013/05/why-the-lean-start-up-changes-everything

Core Lean PrincipleGet out of the building

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Traditional versus lean approach

Source: Ash Maurya: Running Lean


Lean Innovation is …

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a company culture touching all aspects:Values, Leadership, Incentives, Empowerment, Organization, Accountability, …

not a collection of tools

A culture can not be copied easily !


Lean Innovation Framework

79./10.7.2015 www.pragmatic-solutions.ch

Lean Innovation Framework

ScaleProduct Market

fit

Problem Solution

fit

Customer Discovery

Customer Validation

Customer Creation

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Each assumption is validated via an experiment with Build-Measure-Learn feedback loop

Is problem worth solving, are people willing to pay, is business model profitable, repeatable and scalable

Assumption of plan A, …


More Information• [email protected]

• Lean Investor:http://de.slideshare.net/dmc500hats/angel-investing-101-41532531

• Lean Term Sheet (for Swiss Version please contact [email protected]):

http://venturebeat.com/2014/05/18/why-investors-need-to-

practice-lean-startup-principles-too/

• Nächste Lean Innovation Trainings in Zürich:

• 1./2. Dezember, 2015http://pragmatic-solutions.ch/training.php?KP=20&TITLE=Lean%20Innovation%20Training


mailto:[email protected]



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How to increase the value of your Startup Portfolio with Lean Innovation

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