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2021:Training/Session 5 (Lean Startup)

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No business plan survives first contact with the customer. And, no UIF project survives first contact with an institutional stakeholder. And, look at all the findings Most of you got positive and helpful feedback on your cohort colleagues uncovered..ideas.
In some instances, you are able to advocate on behalf Candidates from VNR Vignana Jyothi Institute of Engineering and Technology met with several professors about their idea for a campus functions that need further resources.event..'''''Loyola Maryland: "We thought that The candidates heard that some students would want more than to just participate in an event; they might be drawn in by the Office opportunity to obtain some sort of Research and Sponsored Programs should be helped out. We learned this office works with Faculty and Graduate students. There is only one person. Next we will create two intern positions... one for certification as a graduate student and another for an undergraduate studentresult of participation."'''''
In other instances, Loyola candidates uncovered great supportreceived some motivating feedback regarding a dual enrollment idea they didn’t think was very feasible...'''''FHSalzburg: "We thought it would be more difficult Their three interviewees gave them potential next steps so they could continue to find someone to take over explore the potential of the channel setup and further work in MS Teams (an IT solution). We learned there are 2-3 people who could integrate this task into their work if there is a well-developed concept. Next, we will create a concept and present it to stakeholder/course directorproject."'''''
And further stillMany of the interview synthesis notes we read were positive, in some instances candidates encounter educators who are just not able but it’s also possible to connect to their somewhat-new leave an interview feeling like your ideas:'''''Bogazici: "We thought we could convince professors to give short seminars, talks, etcwere rejected. We learned faculty needed an extended period of time to teach something important. Next, we Lean Startup proponents will talk with people from the entrepreneurship ecosystem to try and deliver short seminarstell you… DON’T SELL." (Actually, on number of campuses students are teaching short workshops that expose their peers to new disciplines... it's just not something that traditional faculty are willing to try.)''''' The point of a Lean Startup interview is not to pitch and sell people on your idea, but rather find out about the values and needs of the person you are interviewing. What keeps them up at night? What are the key issues they feel students face? The candidates should use this information to figure out whether their hypothesis about the value proposition to this stakeholder was right or not (the one they sketched out on their Change Model Canvas). So, if you get negative reactions or feedback, ask yourself ''why?'' to make some inferences about the underlying motives in a way that can help you refine your hypotheses. Maybe your idea better resonates with a different stakeholder on campus. That’s why it’s important to interview as many stakeholders as possible.  Oftentimes people in high-level positions hear big ideas from students and think (a) dollar signsAnd, your business model canvas changes each time you test your hypothesis 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 learn 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 supportabout it.
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.
Why is it important to prototype your UIF projects? Institutional resistance is very difficult to overcome. Little experiments help you gain greater insight into the problem you’re trying to solve and how you’ll need to refine your project to be successful. Prototyping allows you to learn firsthand what’s going to fly and why. Check out [http://universityinnovationfellows.org/tanner-wheadon-prototyping-to-prove-a-concept/ this short article] about Fellow Tanner Wheadon on his own little experiments at UVU.
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