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4.3: Streamlining Your Processes

How can you automate and improve your manufacturing, ordering, and inventory processes over time? What changes need to be made in the commercial space industry to make the process smoother for entrepreneurs?

Learning Objectives:

  • Understand the resources that exist to improve the solutions you have in place.

Part 4.3 Task List:

  1. Watch the video above to learn more about streamlining business processes.
  2. Explore the materials tab for extra resources.
  3. Update your Business Model Canvas (BMC) as your assignment for this section and upload it as a PDF.
  4. After completing the three tasks above, you are ready to move on to the Next Topic.

Hear from experts Theodore Southern, Dr. Esther Beltran, Fabrice Testa, and Mike Lewis about how they have rethought, refined, and streamlined their processes, products, and research over time.

Additional Resources:

Assignment:

  • 💫 Business Model Canvas
  • At this point, you should have played around with a BMC or two of your own, based on some of your business ideas.
  • Today, choose one of those to focus on or create a brand new canvas.
  • Using what you now know of the Lean Startup Method, go back over the BMC and refine your ideas. Remember to focus on how to create your product as quickly as possible and get it into the hands of your customers.
  • Save this revised BMC as a PDF and submit using the assignment tool below.