Internal-2 Entrepreneurship Marks: 15

Submission Date: 15-04-2021

Question: 1 Refer to the Lean Canvas Template document.

a. Fill up the Lean Canvas.

b. Fill up the Lean Canvas based on your existing knowledge of the 9 blocks.

c. To make sure that you have a business model that works, keep these three things in mind:

 The problem that you are trying to solve should be worth solving, i.e. a fairly
large number of people should feel that it is indeed a problem and they
desperately need a solution to it.
 The UVP should not only be offering everything that is currently being
offered by the existing alternatives, but should go over and beyond these
existing alternatives to compel customers to choose your offering over others.
 The solution should show the customer how it will make their lives better if
they opt for it.

Question:2 Perform competition analysis by using below given format. Also write conclusions and
key insights from the competition analysis.

Competitor Competitor Competito Competitor Your

Competitor 5
1 2 r3 4 Venture
Product
Benefits

Product/

Solution

UVP

Price

Brandin
g

Market
Review