Brainstorming Tool: Lean Canvas Template
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The Lean Canvas technique is a strategic tool used for developing business models. It is particularly popular in the startup community for its simplicity and focus on key elements that can make or break a business. The Lean Canvas is a single-page document that helps entrepreneurs and teams outline and validate their business ideas quickly and effectively.
Elements of the Lean Canvas:
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Problem:
- Identify the top three problems your product or service will solve.
- This section helps you understand the pain points of your target customers.
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Customer Segments:
- Define your target customers and users.
- This section helps you focus on who will benefit from your solution.
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Unique Value Proposition (UVP):
- Describe the unique aspect of your product or service that makes it stand out.
- This should be a clear statement that explains why your solution is better than others.
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Solution:
- Outline the top three features or solutions that address the problems identified.
- This section should provide a concise overview of how you intend to solve the problems.
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Channels:
- Identify the pathways through which you will reach your customers.
- This could include online marketing, physical stores, partnerships, etc.
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Revenue Streams:
- Explain how your business will make money.
- This can include various revenue models such as direct sales, subscription fees, advertising, etc.
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Cost Structure:
- List the main costs associated with operating your business.
- This could include production costs, marketing expenses, salaries, etc.
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Key Metrics:
- Define the key performance indicators (KPIs) that will help you measure success.
- This could include metrics like customer acquisition cost, lifetime value, churn rate, etc.
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Unfair Advantage:
- Identify what gives your business a competitive edge that cannot be easily copied or bought.
- This could be a unique technology, a strong brand, a patent, etc.
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