How do you validate your assumptions with lean and agile methods?

The article's resonated with bedu.io early journey, especially our 2117.io project, a vision of Martian colonies. This project, rooted in AI and blockchain, was not only a technological immersive showcase but a test of community interest. And the response, especially to the smart contract citizenships for 2117, was overwhelming. Bedu was founded to develop product solutions for citizens of cities utilizing blockchain and ai technology. Using the 'build, measure, learn' approach, every assumption at Bedu, from tech feasibility to community engagement, was tested and refined. While the article proposes lean and agile methodologies for startups, for Bedu, they're integral, guiding us to marry futuristic visions with current value.

There is no assumption. There is only execution with proven methodology. We are running real business from the capital to generate revenue. So be mindful not mindfull.

As innovation facilitator of 100+ projects, I advise you to EXPERIMENT BY PRETOTYPING … YOU FAKE IT BEFORE YOU MAKE IT 🤗✅. Pretotyping is a technique for testing hypotheses and validating ideas quickly and cheap, founded by Savoia. It involves creating a simplified version of a product or service to collect user feedback and understand market demand. It’s a non-working prototype. Pretotyping reduces the risk of failure by assessing market response early in the development process. A famous pretotyping story is how Tesla ‘faked’ their first electrical car, the Roadster, using a so-called ‘glider’ of a Lotus Elise to confront their potential customers with a ‘real car’, leading to 250+ launching customers who paid $ 5000,- in advance.

I was raised on "fake it till you make it". Not every startup gives the time to assume. Be prepared for anything. Always adjust and critique as often as you need. Never take anyone for granted and always be honest in your business. Keep in mind, your clientele will be watching you. Everyone that requests my services is a person with a situation and feelings. I simply give my undivided attention and validate they are who they say they are per the laws and I have to comply with & my own integrity. I have feelings as all humans do (smile) I hope. I show compassion when needed & have even found myself making funny faces with an adorable stranger, who simply wanted out of that hospital bed & go home. Thats validation. #JuliasNotary #wjmg

The lean startup approach reminds me of a comment made by a former CEO. "You need to be strategically rigid and tactically flexible".

PRETOTYPE AND TEST LIKE TESLA As innovation facilitator of 100+ projects, I like to share how Tesla interested buyers for their first car. In 2003, the founders of Tesla had an ambitious idea (an all-electric 2-door sports car). In order to convince potential buyers to order its car, Tesla created a pretotype of what the car would look like. Lotus supplied Tesla with a ‘glider’ Elise - which was filled with models of key components. This was not a prototype, because the vehicle didn’t function. Tesla was able to show buyers a close proxy for the final design. Tesla asked “Will you put down a $5,000 deposit to have it built to order? From this test Tesla secured several hundred deposits, a non-trivial result to reassure their Investors

This method describes a product creation for one of our employees; I asked Jeff why he was limping. Plantar fasciitis was the answer and I inquired which foot and truly winced when Jeff replied both feet. Tears formed at his answer I had to help as I know this affliction. Jeff was all in being the Guinea pig as he was suffering for almost 2 years! Assembling our engineering team, we got to work and made a point to design and be willing to change our ideas based on Jeff’s progress without respect to manufacturability. We made progress quickly and decided to bring more people with Ortho afflictions. We continued improving the product and having great successes. We will be bringing this product to market before year end!

90% of our clients have never created a business plan and have no idea where to start. A business model is simply a plan describing how a business intends to make money. It explains who your customer base is and how you deliver value to them and the related details of financing. The business model canvas lets you define these different components on a single page. It's a strategic tool that lets you visualize and assess your business idea or concept. It’s a one-page document containing nine boxes that represent different fundamental elements of a business. The business model canvas beats the traditional business plan that spans across several pages, by offering a much easier way to understand the different core elements of a business.

EXPERIENCE EXPERIENCE EXPERIENCE Should I say it again? Even entrepreneurship, takes practice. Do not let yourself get down! Every time you fall down, you are learning the tools to be better next time around. The only way you will get there, is if you keep going!