THE LEAN STARTUP METHODOLOGY

The idea behind Investment Readiness Levels comes from the mind of Steve Blank. It utilizes the practice of the Lean Startup and the Business Model Canvas.

Watch: What is the lean start up? (2 min).


The Lean Start-Up favors experimentation over elaborate planning, customer feedback over intuition, and iterative design over traditional “big design up front” development. It forces you into evidence based entrepreneurship.

For a more in-depth look at the Lean Start-Up methodology and why you should spend time validating your Business model

 

THE BUSINESS MODEL CANVAS

Click the image to visit the Business Model Canvas course by Steve Blank

Video Explaining the Business Model Canvas (BMC)

Download a BMC template. We suggest printing this out and taking a moment to fill out what you already know, this way you can see the evolution of your business model from conception to completion.