messaging and communication platform’s Big Idea Canvas


Name
Explain your Big Idea in one sentence.
1. Pain of the Customer
1. Who’s your target customer?people who want a simple, fast and reliable communication, including individuals, businesses and organization worldwide
2. What’s the job your customer is trying to perform?seamless, instant messaging communication with friends, family and colleagues across devices
3. What’s the pain your customer is experiencing while doing the job?

frustration with unreliable communication tools, high-cost messaging or lacking seamless connectivity with contacts

4. How big is the pain the customer is feeling?3 Jellyfish Sting
5. How often are customers feeling the pain?4 Daily
6. What’s the pain score?12
7. How much market knowledge do you have to understand the pain?Pro
2. Potential of the Market
1. How many customers are experiencing the pain?5 Billions
2. Sustainability? Can you provide the solution to customers profitably?5 Absolutely
3. What’s the current overall size and growth of the market?4 Big & Fast
4. Will your solution greatly affect the size and growth of the market?5 Yes
5. What are the key growth drivers for the market?technology changes, changes in consumer behavior, business adoption
6. What’s the financial potential of a business that solves the pain?20 Unicorn
3. Prescription for the Pain
1. What’s the name of your proposed solution to the pain?messaging and communication platform
2. Describe your proposed solution to the pain and its key benefits.

whatsapp offers instant, free messaging, voice, and video calls globally. Its key benefits include easy communication, cross-platform compatibility, end-to-end encryption for security, and minimal data usage, making it ideal for users across various demographics

3. How distinct is your solution from what already exits?4 Very Different
4. What types of innovation are you using to differentiate yourself?
  • Technological
  • BusinessModel
  • CustomerExperience
Other
5. What are the primary differentiators of your solution?

free, global, secure messaging, end-to-end encryption, seamless integration across devices and operating systems

6. How much domain expertise do you have to solve the pain?Pro
4. Positioning in the Market
1. What does the competitive landscape (jungle) look like?Gorilla
2. Name the current market gorilla.
2.1 No Market Gorilla
  • 1
3. Are you competing head on with a gorilla for the same customer?Yes
4. Who goes out of business if you win?smaller messaging platforms with limited features or scalability
5. Based on the proposed solution, what’s your market-entry strategy?Disruptive Strategy
Face PunchCompete head-to-head with market leaders for existing customers with a solution that is similar to existing offerings (i.e., no innovation).
GreenfieldCreate a brand new market category where competition is non-existent; create new customers and draw customers in from other markets.
Bolt-onExtend an existing market by adding a product or service onto the market’s current offerings; partner with market leader (i.e., incremental innovation)
GeographicImport proven business models and innovations from one country to another (i.e., geographic innovation).
BreakthroughDevelop products that are 10x better than market leaders; competing for same customers with high “switching costs” (i.e., 10x innovation).
DisruptiveTarget unmet needs of underserved customers at the low end of an existing market; competitors flee up market rather than fight for the low end.
5. Path to the Exit
1. How large is the universe of potential buyers for the company?5 A Hundred
2. Who are the top likely potential buyers of the company?large companies like Google, Apple or Microsoft
3. Do you plan to engage in partnerships with them? If so, how?

yes, whatsapp could partner with businesses and advertisers for monetization, as well as telecoms for increased integration

4. Do you currently have access to relevant distribution channels?Yes
5. What’s the overall likelihood of the company becoming acquired?5 A Sure Bet
The Big Idea Hypothesis

The output of this worksheet is to create a hypothesis that you can go out and test. Writing down a Big Idea Hypothesis forces you to focus and clarify what you believe before you talk to potential customers or build prototypes (see Nail It Then Scale It, p. 69-73). The best tool we have found for formulating your Big Idea Hypothesis is found in Geoffrey Moore’s book, Crossing the Chasm. Moore calls it the “elevator message,” but we use it for the Big Idea Hypothesis. The steps of the Big Idea Hypothesis are:

  1. For (target customer)
  2. Who (statement of the monetizable pain)
  3. The (product name) is a (product category)
  4. That (statement of key benefit)
  5. Unlike (primary competitive alternative)
  6. Our Solution (solution and primary differentiation)

EXAMPLE 1 – Using this format, let’s take a look at a potential Big Idea Hypothesis for Surf Air, a subscription-based airline startup headquartered in Santa Monica, CA.

“(1) For the frequent, wealthy business traveler (2) who dislikes the airport experience, specifically checking in, going through security, waiting at the terminal, and picking up luggage, yet doesn’t have enough wealth to buy a private jet, (3) Surf Air is an airline that (4) allows the traveler to skip all the hassle of the airport experience and have access to a private jet experience without the cost. (5) Unlike traditional airlines, Surf Air (6) is a subscription-based airline, which employs small, luxury planes that can be used by customers like private jets.”

EXAMPLE 2 – As an another example, the following is the Big Idea Hypothesis Paul Ahlstrom created for his software company, Knowlix.

“(1) For the Internal IT Help Desk managers of large corporations who (2) have dissatisfied customers and are out of compliance with their Customers’ Service Level Agreements because each front-line support representative is unable to capture and share knowledge so they can answer customers’ technical questions and problems in a timely manner, (3) Knowlix is an IT Knowledge Management Solution that (4) allows the front-line IT Customer Support Reps to capture issues within their existing workflow and provide accurate answers in real-time to their corporate customers. (5) Unlike Inference, Knowlix (6) integrates large amounts of unstructured data into the existing workflow of Remedy, Peregrine, and other leading IT Help Desk systems, thus allowing the frontline support rep to answer the question on the first call.”

Your Big Idea Hypothesis

Now that you have a foundational understanding of the Big Idea Hypothesis, let’s create one for your big idea (see Nail It Then Scale It, p. 71).

By using the answers you provided on the other side of this Canvas, you can piece together a Big Idea Hypothesis that will help focus your efforts and share a clear message as you talk about your big idea with others. So let’s go retrieve each step of the Big Idea Hypothesis.

1. For (target customer):people who want a simple, fast and reliable communication, including individuals, businesses and organization worldwide
2. Who (statement of monetizable pain):

frustration with unreliable communication tools, high-cost messaging or lacking seamless connectivity with contacts

3. The (product name) is a (product category):messaging and communication platform
4. That (statement of key benefit):

offers instant, free messaging, voice, and video calls globally. Its key benefits include easy communication, cross-platform compatibility, end-to-end encryption for security, and minimal data usage, making it ideal for users across various demographics

5. Unlike (primary competitive alternative):other messaging apps that have limited features
6. Our Solution (solution and primary differentiation):

free, global, secure messaging, end-to-end encryption, seamless integration across devices and operating systems

With all the steps identified and written down, you can now stitch them together to create one, unified Big Idea Hypothesis. Give it a try below.

people who want a simple, fast and reliable communication, including individuals, businesses and organization worldwide frustration with unreliable communication tools, high-cost messaging or lacking seamless connectivity with contacts messaging and communication platform offers instant, free messaging, voice, and video calls globally. Its key benefits include easy communication, cross-platform compatibility, end-to-end encryption for security, and minimal data usage, making it ideal for users across various demographics other messaging apps that have limited features free, global, secure messaging, end-to-end encryption, seamless integration across devices and operating systems