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+ Realify Your Secret Idea with Lean Startup Methods IA Summit Pre- Conference April 3, 2013 Kate Rutter, Co-Founder, LUXr Association for Information Science and Technology 1320 Fenwick Lane, Suite 510, Silver Spring, Maryland 20910, USA Tel. 301-495-0900 / Fax: 301-495-0810 / E-mail: [email protected] * Make a Product in Three Hours

Realify your Secret Idea with Lean Startup Methods - HANDOUTS

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These handouts were used in the workshop for Realify Your Secret Idea.

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Page 1: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

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Realify Your Secret Idea withLean Startup Methods

IA Summit Pre- Conference April 3, 2013Kate Rutter, Co-Founder, LUXr

Association for Information Science and Technology1320 Fenwick Lane, Suite 510, Silver Spring, Maryland 20910, USATel. 301-495-0900 / Fax: 301-495-0810 / E-mail: [email protected]

* Make a Product in Three Hours

Page 2: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013

people

problem solution

have

addressesuse

the Molecule date

Page 3: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013Persona

Facts Needs & Goals

Behaviors

date

Page 4: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013Value proposition 6-up

With __________________, _________________ can...

date

Page 5: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013Value proposition

With

can...

,

date

Page 6: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013MVP Features

To deliver on that, we will build these features:

featurefeature

feature

date

Page 7: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013

metric

Metrics dashboard

metricmetric

by

Goal

Notes

/ / / / / /

To assess progress, we will measure these metrics:

date

Page 8: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013Metrics check

vanity good betteruseless awesome

total number of registered

users

% of users who post an update 3+

times a day,per week

% of users who sign in 3+ times a

day,per week

% of new registered users per

week

sign-ups

Making metrics actionable

Does the metric beginwith a number?• “number of...” [ # ]• “average number of...” [avg ]• “percent of...” [ % ]

1 Is there a time basis?• “per week” [ ___/wk ]• “per month” [ ___/mo]

2 Is there an object basis? * not required, but super-helpful• “per user” [ ___/user]• “per user per week” (fancy!)

3

a great metric......makes you look at all the other metrics and say “none of those other numbers matter if we donʼt get this right first.”

a good metric......measures the usage of your product by a person. The usage should be specific to features that deliver value to your user.

* In this example, posting an update is a key feature of the product.

Page 9: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013Techniques checklist

Use basic supplies: sharpies, stickynotes and white paper

Dump & sort & 2x2 organizing

Go wide, then decide

Generate independently, discuss as a team. (3 people ideal)

Work at the wall

Quiet read (before discussion)

Sketch (especially of people)

Share info with Information radiators

Timebox (speed kills the censor)

Quick decisionmaking (dot vote, stack-rank)

Page 10: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013

4 Bonus Templates

(Not used in the workshop,

but handy for future work...)

Page 11: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013

Values

end date

/ / to metric start date

/ /

Date / /

Metric value

Notes

/ / / / / / / / / /

Metrics information radiator

Page 12: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013

My purpose with this product idea is...

drafts

Of all the things you could be doing, why are you doing this product idea?

Purpose statement date

Page 13: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013

purpose...

values...

product...⤷⤷(it may pivot) ⤷

Vision pyramid date

Page 14: Realify your Secret Idea with Lean Startup Methods - HANDOUTS

http://luxr.co

@luxrco

© 2013

1Riskiest

Assumption

Te

stin

g n

ow

Lat

er

2 3

Ne

xt u

p

Assumptions date