Testing Business Ideas

7 out of 10 new products fail to deliver on expectations. Testing Business Ideas aims to reverse that statistic. In the tradition of the global bestseller Business Model Generation, this practical guide contains a library of hands-on techniques for rapidly testing new business ideas to reduce the risk of failure. The book explains how systematically testing business ideas can dramatically reduce the risk and increase the likelihood of success for any new venture or business project. It builds upon the Business Model Canvas and Value Proposition Canvas by integrating Assumptions Mapping and other powerful lean startup-style experiments. The book closes with practical tips for teams to help make experimentation a continuous, repeatable process. Concluding with a challenge to leaders on how to encourage an experimentation mindset within their organization, this book is the definitive field guide to business model testing.

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Its very good personally I am liking this.

Great advice that you should hear for sure if you are planning to open a business with an innovative product. There are many books out there that are helpful actually, but the main issue is to decode all the info and parameters explained and apply them for yourself and benefit. Personally I can't do what all these gurus of finance are telling me as I don't have a background related to it. I left my idea to the hands of https://www.halstedstrategygroup... when I opened my first shop as they analyzed everything for me and came up with the best adjustments to make my company as competitive as possible.