SAE Magazine

146 STEP FOUR A quick met validate your Startup Mac Startup Mach shop and typ number of p attendees. B attendees or teams. The goal t problem hy hypothesis and assumptions o or business us Machine validat process. PRODUCTION & KNOW HOW // LEAN METHODOLOGY AND CUSTOMER VALIDATION STEP THREE A business model will help you describe the flow between key components of your startup. It normally includes the value pro- position, customer segments, distribution channels, customer relationships, revenue streams, resources, activities, partners, and the cost structure. Using the Business Model Canvas and Busi- ness Model Generation, a strategic manage- ment and entrepreneurial tool developed by Alexander Osterwalder (2010), will allow you to describe, design, challenge, and pivot your business model. The Validation Board Photo: http://www.leanstartupmachine.com/

SAE Magazine

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