Scientific Method
What is the first step of the scientific method?
OBSERVE AND QUESTION
Create an Idea
What is the first step of the LSM?
Are a powerful tool for conveying complex information about a product or service in an engaging and concise manner.
Explainer videos
A mix of venture capital, angel investment, and debt funding.
Finace
Experience
Frecuency
Personalization
Features of Service
What is the second step of the scientific method?
RESEARCH
The third step of LSM?
Create a MVP
where a human manually performs the "backend" actions of a service, while the user interacts with a frontend that makes them believe the process is fully automated.
Wizard Of OZ
Teenagers
Adults
Families
Examples of Markets
Engaged
Empower
Educate
Features of Information
WHAT IS THE HYPOTHESIS?
Temporary explanation based on searches already performed
Is the lean startup methodology based on the scientific method? True or false
TRUE
The fastest, most cost-effective way to validate a product idea, typically built in 48 hours to gauge market interest
Sucess Stones
Failure
Risks
Features of Culture
Location
Mobility
Avaibility
Features of Convience
Conduct tests to verify the hypothesis, designing a controlled procedure.
TEST YOUR HYPOTHESIS
What is the last step of the LSM?
Test the mvp and validate hypothesis
is the simplest, fastest version of a product that solves a core problem, designed to validate market demand with minimal cost and generate early feedback or revenue
Networkers
Contacts
Family
Features of Support
Quality
Style/Method
Features of Delivery
Organize the results for interpretation
ANALIYZE AND CONCLUDE
It is the most basic and functional version of a product, launched to solve a real problem and obtain feedback from real users with minimal effort.
MVP
is a high-touch, manual approach to product validation where founders deliver services personally to early users, acting as a "concierge" instead of building automation immediately
Concierge MVP
Employees
Ceo
Trainers
Features of Human Capital
It should convince a potencial customer why your service or product will be of more value to them similar offerings from your competition
Value Proposition