Riskiest Assumption Test (RAT)
Audience: B2B Founders venturing into SAAS, or Product Manager building new products.
Purpose: Identify the riskiest assumption and test the hypothesis if the risk is real or can be mitigated. Build your product after you have understood the risk.
How to use: List all the risks associated with your product or company. Imagine that if this risk happens, your company will shut down. There are external risks as well as internal risks. Below is a starting point. But add your own context.
Rank all the risks. Which one is the riskiest today? Then solve for that first. Then move on to the next riskiest assumption. At any given point in time, there is one risk which is the riskiest.
Read the companion article : https://bit.ly/44hTtoy
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