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Simplified Validation Process
Customer Validation
• All about understanding the problems and
needs of the customer
• Gain more insights
• Confirm that the product is attractive to the
target customer, i.e., Product-Market FIT
Validation Process
Success
Pursue!
Identify
Design an Success
Hypothesis Experiment Test
Criteria
Pivot!
Failur
e
Design Experiment
VALIDATION BOARD
• simple tool for testing out your latest startup and
product ideas.
• goal of using the validation board is to help
entrepreneurs all over the world get out of the
building and talk to customers.
• So many products fail because they aren’t solving a
problem that customers care about.
SIMPLIFIED VALIDATION BOARD
Customer Choose one of your identified Note: One customer per
Segment customer segments. validation board
Problem What is the problem of your identified customer that you want to solve?
Experiment How will you validate? (Interview / Sell / Concierge) Experimental Plan
Success Metric How will you know if you are successful? (Set a target outcome)
No way to find out if the baby needs to Women at their 30’s don’t have time
Problem change the diaper unless you check it to change diaper because of work
Interview: 100 women age 30 who just had a Concierge: Show the mock App to mothers
Experiment baby and test if users will actually use the app.
Result 30% of the respondents wants to get an alert 90% of respondents would use
the app
(1) Take time to hold brainstorming sessions with the group you formed in the
previous group activity to develop your ideas about the needs of each identified
customer from your business model canvas.
(2) Fill in all of the components on the Validation Board's provided template.
(3) Provide a printed copy of your final Validation Board for submission. (Please
include the names of the group members).
(4) Craft a PowerPoint presentation of your Validation Board. (Presentation will be
done during the class meetings).
(5) This group activity will be graded based on the rubrics set (Max of 30 points).
SIMPLIFIED VALIDATION BOARD
Customer Choose one of your identified Note: One customer per
Segment customer segments. validation board
Problem What is the problem of your identified customer that you want to solve?
Experiment How will you validate? (Interview / Sell / Concierge) Experimental Plan
Success Metric How will you know if you are successful? (Set a target outcome)
(1) Take time to hold brainstorming sessions with the group you formed from the
previous group activity to build your ideas for presenting your product/service
through interviewing, pre-selling/pitching, or concierge.
(2) Your presentation must describe your product/service and should be able to
persuade your audience to buy or subscribe to it.
(3) This group activity will be graded based on the rubrics set (Max of 30 points).