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VALIDATION BOARD
Get out of the building!
CUSTOMER DEVELOPMENT PROCESS
PIVOT
SEARCH EXECUTION
CUSTOMER DEVELOPMENT PROCESS
Success
Pursue!
Identify
Design an Success
Hypothesis Experiment Test
Criteria
Pivot!
Failure
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
customer segments. validation board
Segment
Problem What is the problem of your identified customer that you want to solve?
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
Action Pivot!
Pursue!
Validation Methods
1. INTERVIEW / EXPLORE
> Find the customer’s pain
2. PRE-SELL / PITCH
> Measure the Demand
3. CONCIERGE
> Product
Method 1: Exploration / Interview
• This method is usually used if you have little information about
your idea
• Goal is to find the pain points of the customers
Method 1: Exploration
Method 1. Exploration
▪ Identify a contact and its customer type in an industry related to your field of study
– Someone you can contact easily and frequently. You can ask your professors or older/alumni
orgmates for referrals.
▪ Do a customer interview
– Verify the problem
– What’s the hardest part about <problem>?
– Can you tell us about the last time it happened? How often does it happen?
– Why was that hard?
– What, if anything, have you done to solve the problem? (identify the problem awareness)
– What don’t you love about the solutions you’ve tried?
– What do you think of our proposed solution?
▪ Use email rather than facebook. It’s more formal and older contacts are more likely
to be checking their email than their facebook messages.
– In your initial request, go straight to the point, i.e. use your value proposition “ Would you be
interested in <value proposition>?
▪ Unless a patent for your technology has already been filed, do not disclose how
your technology works but only the results or benefits.
▪ Confirm the problem first
▪ Check availability for follow-up meeting (weekly)
Method 2: Pitch/ Pre-Sell
• It involves pitching a specific solution to the customer even
before the product has been built.
• Examples:
• Email - Landing page
• Cold call - Fake Ads
Method 3: Concierge
Success Metric How will you know if you are successful? (Set a target outcome)