The Lean Startup Canvas is a better alternative for entrepreneurs developing a business model. This is because it contains elements for Problem and Solution, which are not covered in the traditional Business Model Canvas. The traditional Business Model Canvas was designed originally for large corporations and many feel it is best suited for that environment. The Lean Startup canvas was designed by Ash Maurya.
The Learning Objectives for this lesson are:
- Understand how to construct a value proposition for your business
- Understand how to think about the concept of an Unfair Advantage for your business
- Draft a Lean Startup Canvas for your business
- Identify the assumptions in your Lean Startup Canvas and devise tests for the assumptions