The Lean Canvas is the adoption of the Business Model Canvas for startups and entrepreneurs. To make this easy to understand, join me in this imaginary world in which, I am a founder of a startup.
It is adapted from Alex Osterwalder’s Business Model Canvas and optimized for Lean Startups. It replaces elaborate business plans with a single page business model. Business plans take too long to write, are seldom updated, and almost never read by others.
The Lean Canvas allows you to map out the key foundations of your startup. It prompts you to analyze and prioritize your goals during the early stages of your business. From the problem to key metrics, the Lean Business Model helps you build the logic that will help your business foundations be stronger.