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Presentation used at Leanstartup Circle Bangalore Nov 14 meetup on generating ideas.
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How to come up with Ideas@mtrajan, @mohanmax
Agenda• Some Discussion• Exercise
Ideas are worthless, it is all about the execution
An idea can change the world
Truth is somewhere in between
Ideas are multiplier of execution
Source: http://sivers.org
Idea is – a concept that lies in the middle of two other concepts or, put simply – the connection
between two concepts.
Ideas are maze
Source: http://cdixon.org/
Why this discussion in LeanStartup
What LeanStartup helps do
Vision ?
Problem ?
Solution ?
Beneficiary ?
Hypothesis
Idea Anatomy
Facts
Ideation discussion in LeanStartup Meetup ?
Good starting point reduces the chance of getting stuck at a local maxima
First idea is not always the best
#pt231
To have a good idea you need lots of idea
Linus Pauling
Most of them will be wrong, and what you have to learn is which ones to throw away
#pt937
Some ideas surface only after peeling an existing one enough
#pt87
Ambitious idea have same success probability then less ambitious one
#pt753
One person’s craziness is another person’s brilliant idea
#pt19
Exercise• Part 1
• Ideation Worksheet (thanks to RobFitz)• Part 2
• ShortList based on your own goodness criteria.
Some crevices where ideas lay hidden
Redefinition of customer segment
User Behaviour change
New technology introduction that alter the economics or power equation
Regulation Change
Other ways to jot the dot
Resource based - What I have or know ?
In customer shoes - What pain do they go through ?
In the crevices of the boundary of two business units in an enterprise
Attack of the clones,
Replace yourself – automate
Which industry is software eating (in your geography)
Remove a step in a process in life.
What is needed to support if an trend becomes true.
Now finally What is good for you ?
Part 2
Remember ‘Funding’ is the oil needed to execute
ideas
Finally
Strong Idea weakly held
Pick
Thanks
Image Credits• https://www.flickr.com/photos/notoriousjen/5533932688• https://www.flickr.com/photos/codnewsroom/12798405285• https://www.flickr.com/photos/codnewsroom/12798354243• https://500px.com/photo/49490104/the-view-by-soumeet-basak•