![]() That can mean the success or failure of your venture. The price and the payment system was chosen are a very important part of your offer. Revenue Streams: ask yourself “how much will my customer pay for my product/service?”.That includes all marketing, communication, and distribution channels that you intend to adopt, both from traditional and digital media. Channels: here, you have to inform the means you are going to use to reach your audience.It must stand for the minimum set of functionalities and features (Minimum Viable Product) that allows you to deliver the value proposition from the previous block. Solution: now that you know what and whose the problem is, it’s time to offer the solution.Therefore, list what makes your brand stand out over the competition – i.e., why your customer must buy from you rather than your rival. Unique Value Proposition: This block shows how your business differentiates from others, what the value your customer will only have through your product or service, and no one else.Thus, if there is more than one customer segment, you ought to develop one canvas for each. After all, you can only get to know what are the problems you are going to solve when you know the ones who face them. Because probably the first step to understanding your business will be to discover who your customer is. Customer Segments: perhaps this is the first building block for you to establish.This section, then, must contain up to three priority problems. You are going to build your whole canvas over this building block. Every customer segment you are going to define has its own problems, and it’s your business’s purpose to solve them. Problem: when you want to sell a solution (whether a product or a service), there should be a demand, in other words, at least one identifiable problem.So, this modeling system is based, as mentioned above, on only nine building blocks, which are: The focus, here, is to avoid waste – of time, energy, processes, money – just as Lean Startup methodology encourages. Lean Canvas puts all the information you and your team need to visualize and analyze together, in a single canvas, eliminating unrelated and irrelevant details. Because this method is based on practical principles, with a simple user-friendly visual language, which allows the entrepreneurs to test their hypotheses more efficiently. The purpose of Lean Canvas is precisely to solve both problems. When we think of an unexpected crisis, they can transform drastically. Especially when we consider that the market and the scenario where your business is can change in a few days. This may become a waste of time and energy. Traditional business plans usually take weeks – sometimes even months – for elaboration. Often, the opposite takes place: everything gets even trickier when concepts must become something concrete and visible. It is complicated to translate what’s in our mind into words, in a clear and assertive way. Translate your thoughts into some language.But this process needs to overcome two challenges: That’s the best way to make everyone think of solutions and accomplish the aimed results. It is really important clen 40, for any kind of entrepreneur, to put their ideas on paper, so it’s possible for every stakeholder to be aware of the goals and threats of the project. Final Considerations about the Lean Canvas.Which Business Model Canvas’s building blocks have been replaced?.What building blocks have been introduced in Lean Canvas?.What’s the difference between Lean Canvas and Business Model Canvas?.
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