Product hypothesis

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Goal

The entire team must agree on the product features, benefits and release schedules.

Checklist

  • What problem are you solving?
  • Create a one page feature lists: What are the technical attributes of the product?
    • What is the general goal of the product?
    • Provide a simplified architecture diagram
    • Provide a feature lists
  • Will these features be well understood or do the require explanation?
  • Benefit list: What do the features let a customer do?
    • Something new?
    • Better?
    • More?
    • Faster?
    • Cheaper?
    • Undertneath each of the features above give a three line summary of its benefits.
    • See also: Innovation Radar
  • Will these benefits be accepted as such or do the need explanation?
    • Describe release 1
    • Describe release 2
    • Describe release 3
    • All the way out as you can see
  • What Intellectual Property will be unique?
    • What can you patent?
    • What is a trade secret and you need to protect?
    • What will you have to license?
    • Have you checked if you infringe on others IP?
  • What is the total cost of ownership of your product?
    • Training?
    • Deployment?
    • Additional technical infrastructure?
    • Additional personnel infrastructure?
  • Dependency analysis: what are you depending on before the product can come to volume?
    • Work-flow / Lifestyle changes on the part of the customer?
    • Other products required?
    • Economic conditions?
    • Behavior changes?
    • Supply chain modifications?
    • Laws to change?
    • Other infrastructure / products / change in behavior?
    • If so, what?
    • When will it happen?
    • What happens to your company if it doesn't?
    • What metrics should be in use to measure the change?

Exit deliverables

Part of: Customer Development Checklist - Customer Discovery Part of book: The Four Steps to the Epiphany