The Basics
The METHOD we are teaching
What is the Lean Startup Method?
The definition of a startup.
What is the search for a scale-able and repeatable business model?
What is the best type of feedback you can obtain?
What is Unbiased feedback? (or negative feedback)
A tool used to generate feedback
What is a focus group?
This 100 year old relic holds a tradition for those that walk beneath it....
What is The Century Tree?
The primary motivation for entrepreneurship.
What is Impact?
The definition for Customer Discovery.
What is the method founders use to find customers and a market for their vision?
Role _________ is vital in an organization.
What is Clarity?
This drives the potential purchase of a product
What is emotional motivation?
You might leave pennies here for good luck on exams.
What is Sully? (or Ol' Sully)
This creates the culture for the (your) organization.
What is your belief system?
The 4 stages of the Customer Development Process.
What are:
1: Customer Discovery
2: Customer Validation
3: Customer Creation
4: Company-Building
The 4 separate pathways for growth.
What is:
1: Existing Customers
2: Exploring new customers and new markets
3: New competencies
4: New go-to-market strategies
This is lost when you gain investors
What is control of your company?
What is the largest one day student run service project in the nation?
What is the Big Event?
The number 1 startup mistake.
What is building something nobody wants?
A pivot.
What is a substantive change to one or more of the segments of the Business Model Canvas?
The 5 P's of a marketing plan.
What are:
1: People
2: Product
3: Price
4: Presence
5: Place
Successful Entrepreneurs value this more than an idea
What is an opportunity?
The student section at Kyle Field.
What is the 12th Man?
The one certainty an entrepreneur can count on.
What is Change and Unpredictability?
The three essential elements of a pitch.
What are:
1: Theorem or Central Premise
2: Evidence (both rational and emotional)
3: A rousing summation
A good organization needs both ________ and _________ to form a healthy atmosphere
What are Catalysts and Resistors?
The biggest myth of Entrepreneurship
What is it's all about finding the money?
Who is the most notable Yell Leader from the mid 70's?
Who is Chuck Hinton?