
The Four Steps to the Epiphany: Successful Strategies for Products that Win

As you learn more you can begin to categorize your customers as having: A latent need (the customers have a problem or they have a problem and understand they have a problem) An active need (the customers recognize a problem—they are in pain—and are actively searching for a solution, but they haven't done any serious work to solve the problem) A vi
... See moreSteve Blank • The Four Steps to the Epiphany: Successful Strategies for Products that Win
In this first phase, you want to get down what you know (or assume you know) on paper and create a template to record
Steve Blank • The Four Steps to the Epiphany: Successful Strategies for Products that Win
One of the first tests of your value proposition should be, is it emotionally compelling?
Steve Blank • The Four Steps to the Epiphany: Successful Strategies for Products that Win
The Product Development model is so focused on building and shipping the product that makes the fundamental and fatal error of ignoring the process I call Customer Discovery.
Steve Blank • The Four Steps to the Epiphany: Successful Strategies for Products that Win
This part of the brief has you first listing all the people you can think of who could influence a customer's buying decisions.
Steve Blank • The Four Steps to the Epiphany: Successful Strategies for Products that Win
CEOs and startups from existing businesses. Founding entrepreneurs are out to prove their vision and business are real and not some hallucination;
Steve Blank • The Four Steps to the Epiphany: Successful Strategies for Products that Win
earlyvangelist customers will be found only at points 4 and 5: those who have already built a homegrown solution
Steve Blank • The Four Steps to the Epiphany: Successful Strategies for Products that Win
Since you have developed a complex series of hypotheses, trying to gather all the data on a first customer meeting would be ludicrous.
Steve Blank • The Four Steps to the Epiphany: Successful Strategies for Products that Win
form of a one-or two-page brief about each of the following areas: Product Customer and their problem Channel and pricing Demand creation Market Type Competition