from cold-sweat questions to hot validated learning [founder institute sf, nov 2013]

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@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013 From cold-sweat questions to hot validated learning {or, Customer Development = awesome} MONDAY, NOV 25, 2013

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If you're an entrepreneur, you face cold-sweat questions...you know, the ones that are hard to answer and that scare the crap out of you. Customer Development is a key approach to answering these questions. This talk introduces the basics and provides simple guidelines help you have effective early interviews (problem interviews) so you can design a product that people want, need and will love to buy.

TRANSCRIPT

Page 1: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

From cold-sweat questions to hot validated learning{or, Customer Development = awesome}

MONDAY, NOV 25, 2013

Page 2: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Kate RutterCo-Founderwww.luxr.co

TWEET!

@katerutter@luxrco

Luxr makes tools to help startups deliver products that people want, need & love to buy.

Page 3: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

I am not an expert on your business. You are.

My goal is to help you explorewhat ideas solve real

problems for humans...

so you can validate them andmove them forward.

What to expect...

Page 4: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

“But the code validated!”

“The design was brilliant. It just never launched.”

“We made an amazing thing.But nobody wanted it.”

Recognizing Startup Failure

Page 5: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

“But the code validated!”

“The design was brilliant. It just never launched.”

“We made an amazing thing.But nobody wanted it.”

Recognizing Startup Failure

FAIL

Page 6: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

“But the code validated!”

“The design was brilliant. It just never launched.”

“We made an amazing thing.But nobody wanted it.”

Recognizing Startup Failure

waste

Page 7: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Lean Startup

Agile & UX

Customer Development

New approaches

Page 8: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

The big idea...

Get out of the

building!

Page 9: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

The big idea...

Get out of the

building!

Page 10: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

How do I know it

doesn’t suck?

so...

I have a product.

Page 11: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Who will use this?cold-sweat questions

Why will they care?

What can it do that people will pay for?

What features

are most

important?How does everything fit together?

Page 12: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Who will use this?cold-sweat questions

Why will they care?

What can it do that people will pay for?

What features

are most

important?How does everything fit together?

Page 13: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Who will use this?with a bit of tweaking...

Why will they care?

What can it do that people will pay for?

What features

are most

important?How does everythingfit together?

Page 14: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

with a bit of tweaking...Who is it for?

Why does it matter to them?

What can they do that they couldnʼt do before?

What features do they need to do that?

How do those limited features fit together?

Page 15: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Who is it for?

Questions == Stack

Why does it matter to them?

What can they do that they couldnʼt do before?

What features do they need to do that?

How do those limited features fit together?

usersneeds & goalsusesfeaturesproduct, brand & voice

��

���

Page 16: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Who is it for?

Questions == Stack

Why does it matter to them?

What can they do that they couldnʼt do before?

What features do they need to do that?

How do those limited features fit together?

usersneeds & goalsusesfeaturesproduct, brand & voice

Page 17: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Who is it for?

Questions => Activities

Why does it matter to them?

What can they do that they couldnʼt do before?

What features do they need to do that?

How do those limited features fit together?

Customer developmentor...user research

Sketches & prototypesbefore UI. Before code.

Experiments, MVPs, Metricsand...usability testing

Page 18: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Who is it for?

Questions => Activities

Why does it matter to them?

What can they do that they couldnʼt do before?

What features do they need to do that?

How do those limited features fit together?

Customer developmentor...user research

Sketches & prototypesbefore UI. Before code.

Experiments, MVPs, Metricsand...usability testing

Interviews

Page 19: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

SSCI(Super Simplified Customer Interviews)

• Identify who you want to talk to.

• Articulate your hypotheses.

• Jot down conversation prompts.

• Have the conversation

• Debrief!

Page 20: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

“Have you ever had ________ experience?”

“Can you tell me the story about that?”

“And then what happened?”

“Why [or how] did you do that?”

“What did you love [or hate] about that?”

“If you could wave a magic wand, what would it be like?”

Conversation Prompts

Page 21: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

DO• Take notes • Smile• Ask open-ended questions• Get their story• Shut up and listen

DONʼT • Talk about your product• Ask about future behavior• Sell• Ask leading questions• Talk much

90% Listening10% Talking

During the Interview

Page 22: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

After the Interview: Debrief

DUMP (5min, solo)1 idea per sticky“What I heard”“What I saw”“What stood out”

SORT (10min, team)• Collect similar items• Label groups• Stack duplicates• Note trends and exceptionsValidate or invalidate your hypothesis

Page 23: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Page 24: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Go be awesome.

Page 25: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Q&A + Discussion

Page 26: From Cold-Sweat Questions to Hot Validated Learning [Founder Institute SF, Nov 2013]

@katerutter | luxr.co | Founder Institute SF | NOV 25, 2013

Core Curriculum

Online Workshops

7-week path to greatness for startup entrepreneurs.

Actionable workshops for your most urgent and important problems.

LUXr delivers practical tools to entrepreneurs worldwide, helping early-stage entrepreneurs deliver products that customers want, need and love to buy.

http://luxr.co @luxrco