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Video of How to Test Your Business Model Canvas Hypotheses in Business Model Canvas course by StartupSOS channel, video No. 11 free certified online
This video walks through each section of a business model canvas to describe how to test your hypotheses:
- Overview (1:11)
-Customer Segment (1:41)
- Value Proposition (2:52)
- Customer Relationship (5:00)
- Channels (5:49)
- Revenue Streams (7:40)
- Key Activities and Resources (9:10)
- Partners (10:10)
- Cost Structure (11:30)
Taking time for business model validation can save you time in the end - because you'll be more likely to build the right product! The Customer Interview is a critical part of validating hypotheses in several of the sections of the canvas (Value Proposition, Customer Relationship, Channels, etc.) and I'll provide a deeper dive into the Customer Interview (in other words, Customer Discovery) in a follow-on video.