Podcast
Questions and Answers
What is the purpose of turning the assumptions underlying your business idea into clear hypotheses?
What is the purpose of turning the assumptions underlying your business idea into clear hypotheses?
- To obscure the potential risks
- To deceive potential investors
- To complicate the testing process
- To make it easier to test the validity of your idea (correct)
What is the purpose of the Customer Profile in the Value Proposition Canvas?
What is the purpose of the Customer Profile in the Value Proposition Canvas?
- To deceive potential customers
- To complicate the value creation process
- To clarify customer understanding (correct)
- To describe the features of a specific value proposition in a business model
What is the purpose of the Value (Proposition) Map in a business model?
What is the purpose of the Value (Proposition) Map in a business model?
- To add complexity to the value proposition
- To obscure the products and services offered
- To describe how value is created for customers (correct)
- To deceive potential investors
Why is it important to verify that a business idea meets some of the minimum market requirements?
Why is it important to verify that a business idea meets some of the minimum market requirements?
What happens when one achieves fit between the Customer Profile and the Value Map in the Value Proposition Canvas?
What happens when one achieves fit between the Customer Profile and the Value Map in the Value Proposition Canvas?
Which activity involves preparing an elevator speech to convince others about a business idea?
Which activity involves preparing an elevator speech to convince others about a business idea?
What is the primary purpose of the Value Proposition Canvas?
What is the primary purpose of the Value Proposition Canvas?
Why is it important to turn the assumptions underlying a business idea into clear hypotheses?
Why is it important to turn the assumptions underlying a business idea into clear hypotheses?
What is the purpose of the Value (Proposition) Map in a business model?
What is the purpose of the Value (Proposition) Map in a business model?
What happens when one achieves fit between the Customer Profile and the Value Map in the Value Proposition Canvas?
What happens when one achieves fit between the Customer Profile and the Value Map in the Value Proposition Canvas?
