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Organization:Lean Startup Machine

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[https://www.youtube.com/watch?v=XcdyHuGvzbU https://www.youtube.com/watch?v=XcdyHuGvzbU]
 
 
<span style="color:#2f4f4f;"><span style="font-size:medium;">The&nbsp;<span style="font-family: Arial; white-space: pre-wrap;">Lean Startup Machine has helped tens of thousands of individuals in hundreds of cities around the world make strides towards their goal by showing them where their&nbsp;</span></span></span><span style="font-size:medium;"><span style="color:#2f4f4f;">ideas&nbsp;</span><span style="color:#2f4f4f;">fail&nbsp;</span><span style="color:#2f4f4f;"><span style="font-family: Arial; white-space: pre-wrap;">and&nbsp;</span></span><span style="font-family: Arial; white-space: pre-wrap;"><span style="color:#2f4f4f;">fall&nbsp;</span></span></span><span style="color:#2f4f4f;"><span style="font-size:medium;"><span style="font-family: Arial; white-space: pre-wrap;">apart.</span></span></span>
= <span style="color:#2f4f4f;"><span style="font-size:large;"><span style="margin: 0px; padding: 0px; line-height: 1.4; font-family: arial, sans, sans-serif; white-space: pre-wrap;">Purpose</span></span></span> =
<p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt;text-align: center;">''<span style="font-size:medium;"><span style="color:#2f4f4f;"><span id="docs-internal-guid-20389045-e378-2544-8e20-73abdeaa5450"><span style="font-family: Arial; background-color: transparent; font-style: italic; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">Lean Startup machine hopes you fail fast and succeed faster.</span></span></span></span>''</p><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt;text-align: center;">''<span style="font-size:medium;"><span style="color:#2f4f4f;"><span><span style="font-family: Arial; background-color: transparent; font-style: italic; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;"></span></span></span></span>''</p><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt;text-align: center;">''<span style="font-size:medium;"><span style="color:#2f4f4f;"><span><span style="font-family: Arial; background-color: transparent; font-style: italic; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;"></span></span></span></span>''</p><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt;text-align: center;"></p><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt;text-align: center;"></p><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt;text-align: center;"></p><p dir="ltr" style="line-height:1.38;margin-top:0pt;margin-bottom:0pt;text-align: center;"></p>
<span style="color:#2f4f4f;"><span style="background-color: transparent; font-family: Arial; font-size: 11pt; white-space: pre-wrap; text-indent: 36pt;">At the beginning of each weekend, people pitch NEW ideas. Teams then self-select around particular ideas and</span></span><span style="background-color: transparent; font-family: Arial; font-size: 11pt; white-space: pre-wrap; text-indent: 36pt;"><span style="color:#2f4f4f;">develops</span><span style="color:#2f4f4f;">a problem, a solution hypothesis and a series of assumptions on which a company’s success would predicate. Rather than spend weeks developing a complete design, each team spends a few hours to create </span><span style="color:#2f4f4f;">an "</span></span><span style="color:#2f4f4f;"><span style="background-color: transparent; font-family: Arial; font-size: 11pt; white-space: pre-wrap; text-indent: 36pt;">Minimum Viable Product" (MVP) which they use to demonstrate their idea to real customers and validate their assumptions and hypotheses by collecting cash and non-monetary currency to serve as validation.</span></span>
<span style="color:#2f4f4f;"><span id="docs-internal-guid-20389045-e378-2544-8e20-73abdeaa5450"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-numeric: normal; font-variant-east-asian: normal; vertical-align: baseline; white-space: pre-wrap;">The event culminates in a competition where each team pitches their new solutions and experiences using the process. The team which honors the process and gains the most insights through its pivots is selected as the winner of the weekend.</span></span></span>
<span style="color:#2f4f4f;">[[File:Board CPE3-b0f52ef138baae57926d12dc9aa0ded1.png|thumb|Board CPE3-b0f52ef138baae57926d12dc9aa0ded1.png]]</span> === <span style="color:#2f4f4f;"><span style="font-size:large;"><span style="font-family: Arial; white-space: pre-wrap; background-color: transparent;">Distinct Differences from other Offerings</span></span></span> === <span style="color:#2f4f4f;"><span id="docs-internal-guid-20389045-e414-699e-29e3-8ba4d66c471e"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">The SWOT approach can be used to analyze this offering. With this in mind, strengths, weaknesses, opportunities, and threats are analyzed.</span></span></span>   <span style="text-indent: 36pt; color: rgb(47, 79, 79);"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">Strengths of the program</span></span><span id="docs-internal-guid-20389045-e414-699e-29e3-8ba4d66c471e" style="text-indent: 36pt;"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;"><span style="color:#2f4f4f;">features</span></span></span><span style="text-indent: 36pt; color: rgb(47, 79, 79);"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">the fact that the program not only offers help in building up a business into a strategic and efficient entity, but simultaneously provides training in product development and design thinking that takes a customer hypothesis, turns it into problem hypothesis, and arrives at the solution hypothesis. This starting process is then repeated for 1st Pivot, 2nd Pivot, etc. After performing design experiments, the goal is to arrive at validated and/or invalidated results. The program as a whole has also demonstrated its ability to be replicated across the nation, which is something many accelerators struggle with.</span></span>   <span style="text-indent: 36pt; color: rgb(47, 79, 79);"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">Another key point of difference and strength is the duration of the workshop. Because of</span></span><span id="docs-internal-guid-20389045-e414-699e-29e3-8ba4d66c471e" style="text-indent: 36pt;"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;"><span style="color:#2f4f4f;">it’s</span><span style="color:#2f4f4f;">intermediate length, there is sufficient time to cram in a lot of information while making the program shorter than say a 10 week or </span><span style="color:#2f4f4f;">summer long</span></span></span><span style="text-indent: 36pt; color: rgb(47, 79, 79);"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">project. The workshop gives its users the appropriate footing to take off once they leave on the third day. To compare this to programs such as I-Corp or The Commons, Milwaukee startup accelerators, which take about 10 once-a-week meetups to complete, they are able to get a company off of the ground and running in a matter of three consecutive days. This allows companies and users to get in and get out with precision, so they can continue on with their expansion as soon as possible.</span></span>
=== <span style="color:#2f4f4f;"><span style="font-size:large;"><span style="margin: 0px; padding: 0px; line-height: 1.4; font-family: arial, sans, sans-serif; white-space: pre-wrap;">Impact Achieved For Students and Campus</span></span></span> ===
<span style="color:#2f4f4f;"><span id="docs-internal-guid-20389045-e359-1d72-9248-b070bf33cee5"><span style="font-size: 11pt; font-family: Arial; background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">There are fewer documented cases of the Lean Startup Machine taking place directly on campuses, although the program does encourage students to attend their workshops off campus and even offers a discount for students. Even though the LSM workshops are not commonly hosted on universities, that does not mean that the Lean Startup Machine programs are not beneficial for students. The LSM program has the potential to have a widespread positive impact if brought to Universities and offered directly to students, faculty, and staff.</span></span></span>
<span style="color:#2f4f4f;"><span style="font-family: Arial; font-size: 11pt; white-space: pre-wrap; background-color: transparent; color: rgb(47, 79, 79); text-indent: 36pt;">Weaknesses of the program are not apparent, but the weaknesses of their website and staff are apparent. The Lean Startup Machine would provide website assumes that its audience has some minor background in business-oriented students with entrepreneurial training and lead non-business students to get . Coming from a glimpse into what it takes to develop different field of expertise, this poses a successful challenge for companies that don't necessarily have business representatives. This is by no means a good thing, particularly when combined with the fact that upon startuprequesting their offered materials, they have not sent them to me at all. The skills acquired through Dealing solely with the concise information on the successful completion of website, the program will give students is not as clear as it could be with a jump start into transforming their ideas into successful business endeavors, and how to approach product or service few minor improvements in order to make their business disruptive, and thus infinitely competitive.</span></span>  
<span style="colorfont-family:#2f4f4fArial;"><span id="docs-internal-guid-20389045-e359-1d72-9248-b070bf33cee5"><span style="font-size: 11pt; fontwhite-familyspace: Arialpre-wrap; background-color: transparent; font-variant-ligaturescolor: normal; font-variant-east-asian: normal; font-variant-position: normalrgb(47, 79, 79); verticaltext-alignindent: baseline; white-space: pre-wrap36pt;">For faculty and staff members, the goal of a Lean Startup training Opportunities that may improve this resource would be excellent customer support, improving the competitiveness of certain aspects of an educational ecosystem. This could mean that through using Lean Startup Machine entrepreneurial techniques, the team ease of university employees would be trained in how to improve and innovate their approach access to information on the university product - education. By innovating a learning environmentorganization, such as providing accessible and reflecting on the university's SWOT landscapeavailable email addresses or email contact forms, transcribing their Validation Board (see bottom of the university is able to improve bottom-upsection) into a verbalized set of steps, by first improving while not revealing full details of the teaching methodsprogram, educational and design spaces, and with the performance purposes of their students. Ultimately, this should serve to attract even more competitive students to attend this particular institution, which will, still maintaining customer interest in turn, have even better methods for shaping them into outstanding individuals.</span></span></span><div><br/></div>=== <span style="color:#2f4f4f;"><span style="margin: 0px; padding: 0px; line-height: 1.4; font-family: arial, sans, sans-serif; font-size: 13px; white-space: pre-wrap;">Steps Required To Bring Resource to Campus</span></span> ===
<span style="color:#2f4f4f;"><span style="font-family:tahoma,geneva,sans-serif;">Lean Startup Machine training is offered in all major</span></span><span style="font-family:tahoma,geneva,sans-serif;"><span style="color:#2f4f4f;">cities,</span></span><span style="color:#2f4f4f;"><span style="font-family:tahoma,geneva,sans-serif;">and offers particular student discounts. In order to organize a program on a college campus, one should follow these steps:</span></span>
<span style="color:#2f4f4f;"><span style="font-family:tahoma,geneva,sans-serif;">1. Unlock Your City: Each city must log a certain number of votes to be unlocked. Check out www.leanstartupmachine.com to find your city and see where your progress is. Cities range from 150-250 votes depending on size. Union College, specifically, would have to reach out to businesses local to Schenectady, NY and team up with them in an attempt to bring in an LSM workshop.</span></span>
<span style="colorfont-family:#2f4f4fArial;"><span style="font-familysize: 11pt; white-space: pre-wrap; background-color: transparent; color:tahomargb(47,geneva79,sans79); text-serifindent: 36pt;">2. Register Threats that may arise would be any potential government bills, larger consulting companies that are more renowned, or competition that is available on the website to obtain access to full information, including program descriptionsconsulting market (such as more competitive offerings in terms of quality, recommendationsapproach, and details, as well as access to the organization's blogcost).</span></span>
=== <span style="color:#2f4f4f;"><span style="font-size:large;"><span style="margin: 0px; padding: 0px; line-height: 1.4; font-family:tahomaarial,genevasans,sans-serif; white-space: pre-wrap;">3 Get Some Help: Here is where local businesses kick in. LSM requires five media partners, Impact Achieved For Students and six 'evangelists' to spread the word that Lean Startup Machine is coming to your city!Campus</span></span></span> ===
<span style="colorfont-family:#2f4f4fArial;"><span style="font-familysize:tahoma,geneva,sans-serif11pt;">4. Organizer(s) Chosen: After a city receives that</span></span><span style="fontwhite-familyspace:tahoma,geneva,sanspre-serifwrap;"><span style="background-color:#2f4f4ftransparent;">number</span><span style="color:#2f4f4frgb(47, 79, 79);">There are fewer documented cases of unlocks then an organizer is selected from the “Lead Evangelists: Lean Startup Machine taking place directly on campuses, although the program does encourage students to make attend their workshops off campus and even offers a discount for students. Even though the LSM workshops are not commonly hosted on universities, that does not mean that the event possibleLean Startup Machine programs are not beneficial for students. In this </span><span style="color:#2f4f4f;">case</span><span style="color:#2f4f4f;">The LSM program has the </span><span style="color:#2f4f4f;">Laad</span></span><span style="color:#2f4f4f;"><span style="font-family:tahomapotential to have a widespread positive impact if brought to Universities and offered directly to students,genevafaculty,sans-serif;">Evangelist would be Union Collegeand staff.</span></span>
<span style="color:#2f4f4f;"><span style="font-family:tahoma,geneva,sansArial; font-size: 11pt; white-space: pre-wrap; background-serifcolor: transparent;">5. Select Date: LSM works The Lean Startup Machine would provide business-oriented students with you entrepreneurial training and lead non-business students to get a glimpse into what it takes to select develop a date once previous steps are completesuccessful business upon startup. The skills acquired through the successful completion of the program will give students a jump start into transforming their ideas into successful business endeavors, and how to approach product or service improvements in order to make their business disruptive, and thus infinitely competitive.</span></span>
<span style="color:#2f4f4f;"><span id="docs-internal-guid-20389045-e359-1d72-9248-b070bf33cee5"><span style="font-size: 11pt; font-family:tahoma,geneva,sansArial; background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-serifwrap;">6. Perks: LSM rewards their event organizers by returning 20% For faculty and staff members, the goal of a Lean Startup training would be improving the profits to competitiveness of certain aspects of an educational ecosystem. This could mean that through using Lean Startup Machine entrepreneurial techniques, the organizer team of university employees would be trained in how to improve and innovate their approach to the cityuniversity product - education. With LSMBy innovating a learning environment, and reflecting on the university's fondness for educational institutionsSWOT landscape, a the university is nearly always guaranteed able to improve bottom-up, by first improving the teaching methods, educational and design spaces, and the performance of their students. Ultimately, this should serve to attract even more competitive students to attend this particular institution, which will, in turn, have even higherbetter methods for shaping them into outstanding individuals.</span></span></span style="font-family:tahoma,geneva,sans-serif;"><div><span style="color:#2f4f4f;"br/>percent</spandiv>=== <span style="colorfont-size:#2f4f4flarge;">,</span></span><span style="color:#2f4f4f;"><span style="margin: 0px; padding: 0px; line-height: 1.4; font-family:tahomaarial,genevasans,sans-serif; white-space: pre-wrap;">and special discounts upon appropriate communication.&nbsp;Steps Required To Bring Resource to Campus</span></span></span>===
<span styleid="color:#2f4f4f;docs-internal-guid-20389045-e40f-1fce-b2b9-cc221ba19537"><span style="font-size: 11pt; font-family:tahomaArial; color: rgb(0,geneva0,sans0); background-serifcolor: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">71. DeadlinesUnlock Your City: LSM works with you This is the most difficult step. Each city requires a certain number of votes to set key deadlines for getting tickets out be ‘unlocked’. Individuals in the door Columbus area can register their emails to ensure the best indicate they would like an event to take place in Columbus. Only when a certain number of individuals have voted is it possibleto host an event in a city.Check out their website&nbsp;</span></span><span style="font-size:medium;">[https://www.leanstartupmachine.com/ https://www.leanstartupmachine.com]&nbsp;</span><span style="color: rgb(0, 0, 0); font-family: Arial; font-size: 11pt; white-space: pre-wrap; background-color: transparent;">to find your city and see where your progress is.</span>
<span styleid="color:#2f4f4f;docs-internal-guid-20389045-e40f-1fce-b2b9-cc221ba19537"><span style="font-size: 11pt; font-family:tahomaArial; color: rgb(0,geneva0,sans0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-serifwrap;">82. Qualify Mentors & Speakers: You’ll need mentors and speakers to help When you have a great event. LSM's newly designed curriculum will help registered on the website, you assess mentors and speakersgain access to program descriptions, and make sure they’re top tier for the event. LSM promises Experiment board, a job board (coming soon), as well as access to source experts from their global networkthe organization's blog.</span></span>
<span styleid="color:#2f4f4f;docs-internal-guid-20389045-e40f-1fce-b2b9-cc221ba19537"><span style="font-size: 11pt; font-family:tahomaArial; color: rgb(0,geneva0,sans0); background-serifcolor: transparent;">9. Convinced? Fill out this form and Lean Startup Machine will be in touchfont-variant-ligatures:</span></span><span style="normal; font-familyvariant-east-asian:tahoma,geneva,sansnormal; font-variant-serifposition: normal;">[httpvertical-align://bit.ly/OrganizeLSM <span style="colorbaseline; white-space:#2f4f4fpre-wrap;">http3. Get Some Help://bitLSM requires five media partners, and six 'evangelists' to spread the word that Lean Startup Machine is coming to your city! Once a city receives the required number of unlocks, then an organizer is selected from the Lead Evangelists to set up the event.ly/OrganizeLSM</span>]</span>
<span id="docs-internal-guid-20389045-e40f-1fce-b2b9-cc221ba19537"><span style="font-size: 11pt; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">6. LSM rewards their event organizers by returning 20% of the profits to the organizer in the city.</span></span> <span id="docs-internal-guid-20389045-e40f-1fce-b2b9-cc221ba19537"><span style="font-size: 11pt; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">7. LSM helps set key deadlines for selling tickets to ensure the best event possible.</span></span> <span id="docs-internal-guid-20389045-e40f-1fce-b2b9-cc221ba19537"><span style="font-size: 11pt; font-family: Arial; color: rgb(0, 0, 0); background-color: transparent; font-variant-ligatures: normal; font-variant-east-asian: normal; font-variant-position: normal; vertical-align: baseline; white-space: pre-wrap;">8. Qualify Mentors & Speakers: LSM's curriculum will help you assess mentors and speakers to make sure they’re top tier for the event. LSM promises to source experts from their global network.</span></span><div><br/></div><br/><span style="color:#2f4f4f;"><span style="font-family:tahoma,geneva,sans-serif;">[[File:LeanMachine.jpg|right|LeanMachine.jpg]]</span></span>
=== <span style="color:#2f4f4f;"><span style="margin: 0px; padding: 0px; line-height: 1.4; font-family: arial, sans, sans-serif; font-size: 13px; white-space: pre-wrap;">Contact Information</span></span> ===
==== <span style="color:#2f4f4f;">Edited By:</span><br/> ====
<span style="color:#2f4f4f;">[[Kai Vogeler</span>|Kai Vogeler]]
[http://universityinnovation.org/wiki/User:Stanglersm <span style="color:#2f4f4f;">Sabrina Stangler</span>]
[http://universityinnovation.org/wiki/User:WillV <span style="color:#2f4f4f;">William Valentine</span>]
[[Category:ResourcesOrganizations]]