Lifecycle
Ideas are a dime-a-dozen. Identifying the right idea and executing on it is much more of a challenge. 49Labs takes the approach below as an organizational approach to problem solving:
An unfinished lean product canvas exists and may be reviewed periodically. The canvas can be deleted without concern during cleanups or taken to further stages at any time.
A mature draft or first version of a lean product canvas exists. The product is under active consideration for conducting a lean experiment.
A first version of a lean product cavas exists and an initial offering is being worked to stress test desireability.
The product completed one or more successful experiments and the lean product canvas is under active iteration. The product is selected for continued effort.