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Lab 8: Lean Business Model

Format: Group coaching with 1-5 or up to 1-10 participants

Coaching Models Can Use: Solution-Focused Coaching Model, GROW Coaching Model, OSKAR Coaching Model, CLEAR Coaching Model, AOR Coaching Model, and/or FUEL Coaching Model

Why: To help founders develop, refine, and optimize their business models using lean principles for sustainable success.

Who Should Join: Founders looking to create or improve their business models with a focus on lean methodologies.

Who Qualifies to Join:

  • Founders with a basic understanding of their business operations and market.
  • Founders who are ready to innovate and adapt their business model using lean principles.
  • Founders who have identified the need for a more robust and scalable business model.

The Benefit: Founders will learn how to design a lean business model, identify key components, validate their model, and adapt to changing market conditions.

The Requirements:

Assessment Before: Pre-lab survey to assess current understanding and state of their business model.

Assessment After: Post-lab assessment to measure improvements in their business model and strategic planning.

Difference from 16-week Program: This lab provides a deep dive into lean methodologies for business modeling, with practical workshops and validation techniques that offer more specialized and actionable insights compared to the comprehensive overview in the 16-week program.

5-weeks Coaching Program

Week 1: Lean Business Model Basics

  • Objectives:
  1. Understanding the Lean Business Model Canvas
  2. Identifying key components of a lean business model
  • Preparation:
  1. Review the Lean Business Model Canvas framework.
  2. Prepare a draft of your current business model.

Week 2: Value Proposition and Customer Segments

  • Objectives:
  1. Crafting a compelling value proposition
  2. Identifying and understanding customer segments
  • Preparation:
  1. Define your current value proposition.
  2. Segment your customer base and gather data on each segment.

Week 3: Revenue Streams and Cost Structure

  • Objectives:
  1. Exploring different revenue streams
  2. Understanding cost structure
  • Preparation:
  1. List your current revenue streams and explore potential new ones.
  2. Analyze your current cost structure and identify major cost drivers.

Week 4: Key Resources, Activities, and Partnerships

  • Objectives:
  1. Identifying key resources and activities
  2. Forming strategic partnerships
  • Preparation:
  1. Identify your key resources and core business activities.
  2. Research potential strategic partners and their value propositions.

Week 5: Business Model Validation and Adaptation

  • Objectives:
  1. Techniques for validating your business model
  2. Adapting your business model to market changes
  • Preparation:
  1. Develop a plan for validating your business model.
  2. Gather data on market trends and prepare to adapt your model accordingly.