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Hypotheses Or Guesses - How to Build a Startup

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    We put all these together, and we have a great series of hypotheses.
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    What's interesting is the word hypotheses.
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    I call that a $50 word.
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    That really sounds pretty important,
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    and I use it when I teach this class in universities.
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    But you know what?
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    The word hypotheses is really a fancy word for guesses,
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    and if you really think about it when you fill out the business model canvas
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    all you have is a series of guesses.
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    That's it. That's all we have is a series of guesses.
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    What's great about the business model canvas is it allowed us to organize
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    our thinking not around functional organization like what is sales doing
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    or what's marketing doing or what does our spreadsheet say
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    but just around a series of thoughtful first guesses
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    about who do we think our customers are and what products are we making for them,
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    and how much are we going to charge, and that's great,
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    and you could sit around all day or all week in your conference room
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    figuring out what those are.
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    But the odds are you're probably wrong, but it's a great first starting point,
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    but the question is how do we change those guesses into facts?
Cím:
Hypotheses Or Guesses - How to Build a Startup
Leírás:

04-01 Hypotheses_Or_Guesses

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Video Language:
English
Team:
Udacity
Projekt:
EP245 - Lean Launchpad
Duration:
01:12

English subtitles

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