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Business Development & Entrepreneurship - Testing Business Ideas: A Field Guide for Rapid Experimentation (The Strategyzer Series)

Description

Book Synopsis: A practical guide to effective business model testing7 out of 10 new products fail to deliver on expectations. Testing Business Ideas aims to reverse that statistic. In the tradition of Alex Osterwalder’s global bestseller Business Model Generation, this practical guide contains a library of hands-on techniques for rapidly testing new business ideas.Testing Business Ideas explains how systematically testing business ideas dramatically reduces the risk and increases the likelihood of success for any new venture or business project. It builds on the internationally popular Business Model Canvas and Value Proposition Canvas by integrating Assumptions Mapping and other powerful lean startup-style experiments.Testing Business Ideas uses an engaging 4-color format to:Increase the success of any venture and decrease the risk of wasting time, money, and resources on bad ideasClose the knowledge gap between strategy and experimentation/validationIdentify and test your key business assumptions with the Business Model Canvas and Value Proposition CanvasA definitive field guide to business model testing, this book features practical tips for making major decisions that are not based on intuition and guesses. Testing Business Ideas shows leaders how to encourage an experimentation mindset within their organization and make experimentation a continuous, repeatable process.

Details

Revolutionize the way you approach new business ideas with Testing Business Ideas: A Field Guide for Rapid Experimentation. With a staggering 7 out of 10 new products failing to meet expectations, this book is your secret weapon to reversing that trend. Through practical techniques and real-world examples, this guide will show you how to systematically test and validate your business concepts, reducing risks and increasing your chances of success.

Following in the footsteps of the renowned Business Model Generation, Testing Business Ideas is a must-have addition to any entrepreneur or innovator's toolkit. By integrating Assumptions Mapping and lean startup-style experiments, this book will equip you with the tools to make informed decisions based on tangible evidence, rather than relying on guesswork or intuition.

Don't let valuable time, money, and resources go to waste on untested ideas. Testing Business Ideas uses an engaging 4-color format to guide you through the process of identifying and testing key business assumptions with the Business Model Canvas and Value Proposition Canvas. Take the guesswork out of your ventures and start making data-driven decisions today!

Ready to transform your approach to business model testing? Unlock the potential for success and innovation with Testing Business Ideas. Embrace an experimentation mindset and make informed decisions that will drive your business forward. Start your journey towards entrepreneurial success today!

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