Your first assignment consists of 3 steps:
- Get together with your team and fill out an updated version of your business model at www.LeanStack.com (every team member creates his/her own account, afterwards you can collaborate on your shared business. Invite all team members + your mentor + (email@example.com) as collaborators on your business model. **Play around with the platform to get used to the system
- Identify the riskiest assumptions in your business model (typically: Can we find people (early adopters) who are looking for a solution to the problem we want to solve) When you have identified the riskiest assumption you should put together an interview script and go and interview at least 20 people who fit the description of your early adopters. Take notes from every interview and write down what key insights you got. I recommend you re-watch Justin’s interview instructions HERE
- Have at least one meeting with your assigned mentor where you tell your mentor about your business model, what you learned from your interviews and discuss next steps.