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2020:Training/Session 5 (Lean Startup)

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|title=Team Reflections
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[[File:We thoughtLean Startup proponents will tell you… '''DON’T SELL'''.png|thumb]] No business plan survives first contact with The point of a Lean Startup interview is not to pitch your idea, but rather find out about the values and needs of the customer. And, no UIF project survives first contact with an institutional stakeholderperson you are interviewing. And, look What keeps them up at all night? What are the findings your cohort colleagues uncovered... Loyola Maryland: "We thought that that the Office of Research and Sponsored Programs key issues they feel students face? The candidates should be helped use this information to figure out. We learned whether their hypothesis about the value proposition to this office works with Faculty and Graduate students. There is only stakeholder was right or not (the one personthey sketched out on their Change Model Canvas). Next we will create two intern positions... one for a graduate student and another for an undergraduate student." In some instancesSo, if you get negative reactions or feedback, candidates uncovered great support... FHSalzburg: "We thought it would be more difficult ask yourself why? to find someone to take over make some inferences about the channel setup and further work underlying motives in MS Teams (an IT solution)a way that can help you refine your hypotheses. We learned there are 2-3 people who could integrate this task into their work if there is Maybe your idea better resonates with a well-developed conceptdifferent stakeholder on campus. That’s why it’s important to interview as many stakeholders as possible. NextAnd, we will create a concept your business model canvas changes each time you test your hypothesis and present learn more about it to stakeholder/course director."  
Oftentimes people in high-level positions hear big ideas from students and think (a) dollar signs, and (b) abandoned projects when students graduate. They don’t necessarily know that Fellows are resourceful and capable of executing successfully with an eye towards sustainability. Thankfully, this student continued to interview other stakeholders, finding diverse perspectives that were far more supportive. The key thing for this student is going to be to start executing in a bootstrapped way, learning from their next experiment, gaining traction and further support.