Canvas

Paint color

Canvas color

You know, watch part of the Udacity lectures.

Very simply is, how does your company make money.

And as we saw two things, they were in the class.

That's it. That's all we have is a series of guesses.

How does your product get from your company to your customer?

And he said, I'll prove it.

Competition kind of exists outside the business model canvas.

So, you have to understand that this is a note for the facilitators and coaches

I was a total failure in school, not really headed to graduate high school.

Export the current canvas to a PNG raster image

This is a touching slate meant for blind children.

Phase 1 is you state your hypotheses and you draw the business model canvas.

And again, this equals product market fit.

So partnerships can be strategic, they could be fun, they could be nerve racking.

You also are worrying about market size, etc.

And their revenue stream was going to be through a annual subscription model.

But today, we're going to talk about the first box, value proposition.

But can the canvas actually work with something more complicated, like in the life sciences?

I use the garden, the soil, like it's a piece of cloth, and the plants and the trees, that's my embellishment for that cloth.

So let's take a look at our Jersey Square team and see what they've done with channels.

The other things are, what are my most important costs?

One of the really interesting developments about this class is this whole customer development process.

I'll ask a couple of my sons to set up the canvases here.

I took this approach of thinking inside the box to my canvas, and wondered what if, instead of painting on a canvas, I could only paint on my chest?

You implicitly had a hypothesis.

Oil on canvas can never paint a petal so delicate.

So let's take a look at our business model canvas.

Today, we're going to talk about resources, activities, and costs, and congratulations, this is your last lecture.

The big idea is that there's thing external to the canvass that are important for a start up.

There were users, and there were payers.

They're barely visible as a piece of material, and to show 2.3 million of them required a canvas that was larger than any printer in the world would print.

It's made out of spruce and canvas and good oldfashioned American ingenuity.

If checked, the checkers will move when scrolling the canvas.

You know you're going to end up spending more doing this than you could bring in.

In other words, how do you get, keep and grow customers.

You're going to be living this for the next couple of weeks if you're doing this for real.

Some of the questions you might want to be asking as you're outside the building now talking to customers is competition.

Groaning strangely she is hurling her overflowing passion onto the canvas!

Canvas This is where the turtle moves and draws when the program is running

If you're doing more than just watching these lectures, one of the things you're going to be staring at a lot is the Business Model Canvas.

And then in Week 3 they'll be looking at key resources, key activities, and cost structure.

We've already talked about value propositions and we've talked about customer segments in the last two lectures, but today we're going to talk about channels.