By the end of this guided project, you will be able to use the Innovator’s Canvas to test your startup business model hypothesis. The Innovator’s Canvas is a business model validation tool that help entrepreneurs to test their business idea assumptions. The Canvas is divided into six major components: customer/problem, solution, channel, support structure, economic model, and market environment. The goal of the Canvas is not just to provide an analytical tool, but to provide a systematic process by which business models can be documented, tested and iteratively created until you have achieved either fast/cheap failure or success
Validating Your Business Model with Innovator’s Canvas
Taught in English
Instructor: Omodiaogbe Samuel
Included with
Guided Project
Recommended experience
What you'll learn
Analyze each of the six-building block to better understand how the components of the model interacts
Identify the customer problems and the solution you want to provide that is better than the existing offerings
Test your assumptions in the marketplace to either validate or invalidate your business model
Skills you'll practice
Details to know
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About this Guided Project
Learn step-by-step
In a video that plays in a split-screen with your work area, your instructor will walk you through these steps:
Task 1: Introduction: By the end of this task, you will explain the Innovator’s Canvas
Task 2: Customer/ Problem: By the end of this task, you will determine the customers and their problems
Task 3: Solution: By the end of this task, you will provide solution to the problems of the customer
Task 4: Channel: By the end of this task, you will articulate the channel to reach your customer
Task 5: Support Structure: By the end of this task, you will determine your support structure
Task 6: Economic Model: By the end of this task, you will compute your economic parameters
Task 7: Market Environment: By the end of this task, you will determine your market environment
Task 8: Iteration: By the end of this task, you will innovate with the model
Recommended experience
Familiarity with basic business terms
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How you'll learn
Skill-based, hands-on learning
Practice new skills by completing job-related tasks.
Expert guidance
Follow along with pre-recorded videos from experts using a unique side-by-side interface.
No downloads or installation required
Access the tools and resources you need in a pre-configured cloud workspace.
Available only on desktop
This Guided Project is designed for laptops or desktop computers with a reliable Internet connection, not mobile devices.
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Frequently asked questions
By purchasing a Guided Project, you'll get everything you need to complete the Guided Project including access to a cloud desktop workspace through your web browser that contains the files and software you need to get started, plus step-by-step video instruction from a subject matter expert.
Because your workspace contains a cloud desktop that is sized for a laptop or desktop computer, Guided Projects are not available on your mobile device.
Guided Project instructors are subject matter experts who have experience in the skill, tool or domain of their project and are passionate about sharing their knowledge to impact millions of learners around the world.