Why isn’t there a box for Competition on the Lean Canvas? Someone asked me this question recently, and it’s a good one. Understanding your competition is important, but ultimately it should have very little impact on what you do. For starters, your biggest competitor is likely not another company, but in fact the most difficult […]
Lean Startup and Big Vision Are Not Diametrically Opposed
Recently, I presented Lean Canvas and an extended Problem-Solution Canvas (that we created at Year One Labs) to FounderFuel’s second startup cohort. It was a lot of fun, and hopefully useful for the teams. (If you’re curious, FounderFuel is a Montreal-based accelerator program that runs twice per year.) I’m always concerned when presenting anything related […]
There’s No “Shitty” in MVP
Lean Startup isn’t responsible for the deluge of crappy products being released by mediocre startups. Erick Schonfeld makes that suggestion in his recent post Details Matter. I’d argue that the mainstream usage of things like Twitter and Facebook (along with social media’s ability to create incredible influencers), lower costs and barriers to entry (development is […]
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