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Business model validation plan Team

Problem fit validation Solution fit validation Market fit (business model validation)

1 What assumptions do you need to validate?


Top 3 riskiest assumptions All other assumptions Top 3 riskiest assumptions All other assumptions Top 3 riskiest assumptions All other assumptions

2 Transfer your experiment cards onto here (Share your ideas for experimentation, challenge each other, agree on practicalities. Decide as a group which assumptions are most critical, and how you’ll validate them. )

Target audience Target audience Target audience

Describe the experiment: What needs to be tested exactly? How will you do it? Describe the experiment: What needs to be tested exactly? How will you do it? Describe the experiment: What needs to be tested exactly? How will you do it?
What type of experiment will you run? What type of experiment will you run? What type of experiment will you run?

Sketch your experiment Sketch your experiment Sketch your experiment

Success Indicators: Describe when the result of the experiment is considered successful. 
 Success Indicators: Describe when the result of the experiment is considered successful. 
 Success Indicators: Describe when the result of the experiment is considered successful. 

(These can be hard indicators like Metrics, Key Performance Indicators, or softer indicators like Key Success Factors. (These can be hard indicators like Metrics, Key Performance Indicators, or softer indicators like Key Success Factors. (These can be hard indicators like Metrics, Key Performance Indicators, or softer indicators like Key Success Factors.

Execute your experiment

3 Write down key learnings (What were your key learnings and /or insights?)

4 Conclusion (Do you consider this assumption (in)validated?)

Color green when validate / Color green when validate / Color green when validate / Color green when validate / Color green when validate / Color green when validate / Color green when validate / Color green when validate /
red when falsified red when falsified red when falsified red when falsified red when falsified red when falsified red when falsified red when falsified

About this tool
 concept. Instead of running a full prototype, or not they'll be successful and set up a small
The "Experiment Execution Card" helps you define the elements of your business concept experiment for each of them for validation.
to set up the experiment you need to validate you're not completely certain about whether printsize: A0
the assumptions made in your business boardofinnovation.com/tools

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