3. Incorrect filling of income and expenses
Lean Canvas is not a detailed financial plan. Within the framework of the table, you do not need to count money (specific figures), consider the break-even point, the exact amount of income and expenses.
In the process of creating a model, it is sufficient to indicate only the main areas of expenses and income - that is, to focus on the structure.
4. The Lean Canvas was completed only once
Lean Canvas is a tool that is considered flexible. It is imperative to adjust the answers in the blocks to the current business environment: constantly update, adjust, supplement with new data, look with a fresh eye. Often teams make the mistake of filling it out only once.
The Lean Canvas is perceived more simply only if you focus on key hypotheses. It would be a mistake to include absolutely all possible business ideas and hypotheses in the model.
This approach will lead to information overload and blurring of focus. It is better to tunisia phone number list concentrate on several key hypotheses that determine the uniqueness and competitiveness of the project, and put aside less significant areas.
Let's sum it up
In summary, Lean Canvas is a convenient business tool that helps to develop a new idea for a successful product, structure it, think over the strategy and outline the development path of the project without much financial outlay. Lean Canvas helps the manager understand the product and evaluate whether it can be successfully implemented. Or whether the development should be abandoned immediately.
The logic of this template always allows you to focus on the most important aspects of a new idea, which will be especially important for startups and small companies that have time and resource constraints.
However, it is worth remembering that the Lean Canvas is not a final business plan that will accurately take into account the profitability of the project, all the nuances and figures. It is only a template, the first development of an idea that will help to get a general vision of the project and increase the chances of its success in conditions of uncertainty and a dynamic external environment.
Adding all hypotheses instead of key ones
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