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Customer Development:  The Fundamentals (and Myths) Stanford Continuing Studies BUS 213: Monetizing Marketing Models (Winter 2011) Feb 16, 2011  ,[object Object],[object Object],[object Object]
Intro
First off, Customer Development
Customer Development ≠ Bootstrapping
Customer Development ≠
Customer Development ≠  Dictatorship of the Customer  Your customer
Customer Development ≠ Deterministic
Great. So do you know  WHY the !%@#  you’re doing Customer Development/Lean Startup?
Images courtesy of Eric Ries (startuplessonslearned.com) and Steve Blank (steveblank.com and http://bit.ly/LSSB2010)
Images courtesy of Eric Ries (startuplessonslearned.com) and Steve Blank (steveblank.com and http://bit.ly/LSSB2010) Problem (unknown) Solution (unknown) You are solving for two unknowns.  Simultaneously.
Remember this guy? ,[object Object]
Risk mitigation  in the context of an  early stage  tech startup is  WHY  you should do Customer Development.  If that doesn’t make sense to you, don’t do CustDev or Lean Startups.
How to do Customer Development – The  Three  Meta-Rules: 1) Question and Test Your Assumptions   2) Get Out of the Building 3) Do it again.  (Iterate)
The Zeroth (and Most Important) Rule of Customer Development 0)  There are no rules… 1) Question and Test Your Assumptions   2) Get Out of the Building 3) Do it again.  (Iterate)
#CustDev  Resources @sgblank – steveblank.com @ericries –  startuplessonslearned.com @seanellis – startup-marketing.com @davemcclure –  500hats.com   @hnshah –  blog.kissmetrics.com @brantcooper –  marketbynumbers.com @vlaskovits –  vlaskovits.com @richcollins – LSC Google Group
PDF http://www.CustDev.com   Paperback  (AMAZON)   http://bit.ly/EGCDPaperback   Kindle  (AMAZON)  http://bit.ly/EGCDKindle An Intro to Customer Development

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Customer Development: The Fundamentals and the Myths - Stanford

  • 1.
  • 3. First off, Customer Development
  • 4. Customer Development ≠ Bootstrapping
  • 6. Customer Development ≠ Dictatorship of the Customer Your customer
  • 7. Customer Development ≠ Deterministic
  • 8. Great. So do you know WHY the !%@# you’re doing Customer Development/Lean Startup?
  • 9. Images courtesy of Eric Ries (startuplessonslearned.com) and Steve Blank (steveblank.com and http://bit.ly/LSSB2010)
  • 10. Images courtesy of Eric Ries (startuplessonslearned.com) and Steve Blank (steveblank.com and http://bit.ly/LSSB2010) Problem (unknown) Solution (unknown) You are solving for two unknowns. Simultaneously.
  • 11.
  • 12. Risk mitigation in the context of an early stage tech startup is WHY you should do Customer Development. If that doesn’t make sense to you, don’t do CustDev or Lean Startups.
  • 13. How to do Customer Development – The Three Meta-Rules: 1) Question and Test Your Assumptions 2) Get Out of the Building 3) Do it again. (Iterate)
  • 14. The Zeroth (and Most Important) Rule of Customer Development 0) There are no rules… 1) Question and Test Your Assumptions 2) Get Out of the Building 3) Do it again. (Iterate)
  • 15. #CustDev Resources @sgblank – steveblank.com @ericries – startuplessonslearned.com @seanellis – startup-marketing.com @davemcclure – 500hats.com @hnshah – blog.kissmetrics.com @brantcooper – marketbynumbers.com @vlaskovits – vlaskovits.com @richcollins – LSC Google Group
  • 16. PDF http://www.CustDev.com Paperback (AMAZON) http://bit.ly/EGCDPaperback Kindle (AMAZON) http://bit.ly/EGCDKindle An Intro to Customer Development

Editor's Notes

  1. Lean Startup Case Study #1 and Sales R&D
  2. By now, you know what it is. Customer Development + Agile Development.
  3. It can – but they are not to be confused.
  4. Ask audience if they are doing a Lean startup. And ask them why.
  5. The biggest risk you face is building something no one wants.
  6. By now, you know what it is. Customer Development + Agile Development.
  7. By now, you know what it is. Customer Development + Agile Development.
  8. The biggest risk you face is building something no one wants.
  9. By now, you know what it is. Customer Development + Agile Development.