best practices for customer discovery
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TRANSCRIPT
I-Corps @ Arlington
Best Practices for Customer Discovery
Wednesday, January 23, 13
WHY ARE WE HERE?
The goal of this session is to share ideas, tips, tricks and secrets on how to best do
customer discovery
Wednesday, January 23, 13
CREATE VALID HYPOTHESIS
Apply the scientific method to customer discovery
Hypotheses must be falsifiableBe specific. No “ands” or commas
You must avoid validation“people want to buy my product” == badThe inverse hypothesis cannot be ridiculous
Wednesday, January 23, 13
DESIGN A TEST
Is your hypothesis true or false?
All tests start with: get out of the building and talk to peopleDo not try to be statistically validDo not stop once you have an answer
Wednesday, January 23, 13
TALK TO 100 PEOPLE
You must gain insight into your market.
You are doing pattern recognition Must have sufficient data points to see them
100 works. It is proven
Wednesday, January 23, 13
MEET PEOPLE YOU DON’T KNOW
People you know will be nice and tell you what you want to hear. Those interviews are
possibly harmful
People you don’t know have no relationship to protect. Only they will tell you
the truthWednesday, January 23, 13
GET INTERVIEWS EFFICIENTLY
Don’t waste time. Focus on archetypes
Have a purpose. Know why you are meeting.
Be transparent. Tell them you are researchers, not selling, learning about the
market, part of I-Corps. Ask for their helpWednesday, January 23, 13
GET OUT OF THE BUILDING
This is the number one lesson of I-Corps. And the hardest thing for researchers to learn.
In person meetings are always best.Phone calls are a terrible substitute.Surveys are garbage.
GOFB!Wednesday, January 23, 13
INTERVIEW PROPERLY
Do not sell! Don’t show a demo. Don’t do a technical presentation
You are there to learn. Ask about how they do
their job. Ask about their problemsIt’s about them, not you.
Look for the unexpected. The surprisesWednesday, January 23, 13
ASK THE RIGHT QUESTIONS
Always ask open-ended questionsDon’t ask multiple choice questions.Ask questions starting with: who, what, why, howNot: is, are, would, do you think, should ...
ask why? then why? then why? again
finish withwhat did I forget to ask? who else should I talk to?
Wednesday, January 23, 13
WHAT ABOUT IP?
Never sign an NDANever ask people to sign an NDA
If you are describing your technology in detail you are doing it wrong
Focus on the what and not the how
Wednesday, January 23, 13
GAINING INSIGHT
Facts are interesting
Insights are your goalBe honest. Don’t be too quick to validate and too slow to disprove your hypothesis.
Don’t just scratch the surface, dive deepdon’t fear picking the wrong market
Find the hidden motivations.
Depth of understanding always leads to insight
Wednesday, January 23, 13
PIVOT
You do not face a business model until you have a compelling
Customer-Value FitIf you cannot find one, you will have to pivotMake new hypotheses and test
Do not rush thru the processYou do not have to finish with the technology you started with
Wednesday, January 23, 13
LEARNING IS PARAMOUNT
The knowledge you gain in customer discovery is critical to the success or failure of your business
Your current assumptions are probably
wrong
You must not try to validate what you already think or want to be true
Wednesday, January 23, 13