Progress board: tracking learnings over time
For the sake of learning and progress it is important to be able to keep track of what happens in terms of the changes and adaptions to your #BusinessModel
in every stage of your #startup
. Every update due to an #experiment
, the things you have validated or dismissed over time. The closer you get to product market fit, the more likely it is that you can show metrics like traction or retention, but are those the metrics you can account your decisions on, put milestones on or determine your roadmap on? From the very first start you want to be able to account for the decisions made towards building a viable business model, you want to see the progress you are making towards a this. Most likely (in the very first fase of your startup) you will start off with multiple possible options and models. The goal is, over time, to validate and de-risk as much as possible, ending up with one that actually works. Going through the phases, experiment by experiment, means you are making decisions and setting milestones along the way. To account for those, it makes sense to document the learnings in such a way that it gives insight in this learning progress.
Read the rest of the article here https://next.amsterdam/blog/progress-board-track-learnings-over-time/