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:
- Understanding the Lean Business Model Canvas
- Identifying key components of a lean business model
- Preparation:
- Review the Lean Business Model Canvas framework.
- Prepare a draft of your current business model.
Week 2: Value Proposition and Customer Segments
- Objectives:
- Crafting a compelling value proposition
- Identifying and understanding customer segments
- Preparation:
- Define your current value proposition.
- Segment your customer base and gather data on each segment.
Week 3: Revenue Streams and Cost Structure
- Objectives:
- Exploring different revenue streams
- Understanding cost structure
- Preparation:
- List your current revenue streams and explore potential new ones.
- Analyze your current cost structure and identify major cost drivers.
Week 4: Key Resources, Activities, and Partnerships
- Objectives:
- Identifying key resources and activities
- Forming strategic partnerships
- Preparation:
- Identify your key resources and core business activities.
- Research potential strategic partners and their value propositions.
Week 5: Business Model Validation and Adaptation
- Objectives:
- Techniques for validating your business model
- Adapting your business model to market changes
- Preparation:
- Develop a plan for validating your business model.
- Gather data on market trends and prepare to adapt your model accordingly.