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Hi! This is Ana at Railsware. Today, we'll explore the lean canvas, a tool created by Ash Maurya to help startups assess their business model's strengths and weaknesses. We'll practice using the lean canvas with the Uber example. A comprehensive business plan is essential but involves significant effort. Lean canvas helps verify ideas before investing too much time and resources. It is particularly useful for creating in-demand products in a fast-changing market, allowing founders to reduce risk and uncertainty during product development. The lean canvas consists of nine boxes on a one-page document, derived from Alex Osterwalder’s business model canvas, which is geared towards established businesses rather than startups.