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Lean Canvas

Total questions: 10

Worksheet time: 15mins

Name
Class
Date
1.

Lean Canvas is a ​ (a)   business plan template with ​ (b)   boxes created by Ash Maurya that helps you ​ (c)   your idea into its key ​ (d)   .

It is adapted from Alex Osterwalder's Business Model Canvas and optimized for Lean ​ (e)   .

It takes 20 minutes to create and gets read.

Choose from the below words
one-page
nine
deconstruct
assumptions
Startups
2.

Customer Segment

Focuses on identifying the different types of customers that a business wants to ​ (a)   .

Segmenting customers by:

​ (b)  

interests

​ (c)  

Choose from the below words
target
demographics
psychographics
3.

Early adopters: specify the actual people who will deal with the ​ (a)   and are the​ (b)   feedback providers.

If you, as a ​ (c)   or startup founder, are going to test the product as well, feel free to put your name here.

Choose from the below words
raw product
first
developer
4.

Problem

Identify the problem that your business is trying to solve.

This directly applies to ​ (a)   because they are often at a stage where they are still trying to ​ (b)   their business idea.

The Existing Alternatives section is designed to contain your ​ (c)   that deal with the same problems. These are your rivals to compete with and ​ (d)   their clients over.

Choose from the below words
start-ups
validate
competitors
win
5.

Revenue Stream

specify the expected​ (a)   of income.

rely on the ​ (b)   required for the client.

To achieve your product viability on the market, make sure that your pricing is more ​ (c)   than those of your competitors.

Choose from the below words
sources
average value
appealing
6.

Unique Value Proposition

a brief message to ​ (a)   customers’ attention

describe the ​ (b)   of your product and show its key difference from other ​ (c)  

The customer should ​ (d)   why he or she needs and wants it.

High-level concept: a short and ​ (e)   statement about your product

Choose from the below words
attract
uniqueness
alternatives
understand
easy-to-grasp
7.

Channels

to raise customer’s ​ (a)   of the product

specify communication ​ (b)   to reach out to your target clients defined in the customer segments block

Examples are emails, various sorts of advertising, blogs, ​ (c)   , broadcasting, etc.

Choose from the below words
awareness
media
content marketing
8.

Key Metrics

define key ​ (a)   metrics to ​ (b)   the ​ (c)   of your business.

Choose from the below words
tracking
measure
progress
9.

Cost structure

include ​ (a)   for office rent, hardware, ​ (b)   , market research, etc.

​ (c)   your time window to a particular ​ (d)   like a product release or the first dozen customers

Once the box is filled in, you get answers to such ​ (e)   as “how many sales are required to pay off the investments?”, “where is the breakeven point?”, and others related to a winning outcome.

Choose from the below words
costs
recruitment
narrow
milestone
questions
10.

Unfair Advantage

a ​ (a)   thing about your idea that your competitors are ​ (b)   to copy or obtain in any possible way

include a ​ (c)   , exclusive ​ (d)   to some data, personal ​ (e)   , community, and other extra power.

It’s not necessary to seek out your competitive advantage right now

Choose from the below words
special
not able
good reputation
access
authority