Revenue Streams: Select The Correct Answer
Revenue Streams: Select The Correct Answer
Revenue Streams: Select The Correct Answer
Revenue Streams
Solution
Nathan has developed a carry bag that dissolves in water. This product is the first of its kind in the
market. While sketching his Lean Canvas, Nathan uses “First-to-Market” as his Unfair Advantage.
Do you think Nathan is using the right Unfair Advantage?
After completing their 15-day driving package, Brent’s driving school customers in the age group
of 40-60 years often request him to offer an additional week-long training on their cars for which
they are willing to pay extra. How should Brent update his business model to reflect this new
requirement?
Brent should create a separate business model/Lean Canvas for this new requirement as these customers
form a different customer segment.
After you create your Business Model, which are the top two risk areas that you should test?
Pamela should remove men and kids from her customer segments and cater to women alone since they
make up the largest customer segment.
Which of the following is a feedback loop that emphasizes on talking to customers and receiving
feedback at every stage of development of the solution?
Build-Measure-Learn
An entrepreneur who owns most of the mango orchards in a locality wants to launch bottled mango
salsa. His premium-quality mangoes are rated high in the market. In which block of the Lean
Canvas should he capture this information?
Unfair Advantage