Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups bygetting out of the building and testing their hypotheses behind their business model. While our teams have mentors, socialize a lot and give great demos, the goal of our class final presentations is “Lessons Learned” – about product/market fit, pricing, acquisition/activation costs, pricing, partners, etc. We think teaching teams a formal methodology around the Lean Framework (Business Model design, Customer Development and Agile Engineering) is a natural evolution of how successful incubators/accelerators will build startups.
Here’s the story of one such team; Jonathan Wylie, Lakshmi Shivalingaiah and theEvoke team.
