Step 3: Develop an idea (lean start-up) As a team, actively collaborate to develop an idea (lean start-up) and use this idea to populate the business model canvas. All nine building blocks of the business model need to be completed using lean method principles. The BMC contains the following building blocks: . Customer segments. . Value proposition. Distribution channels. Customer relationships. Revenue streams. Key resources. Key activities. Key partners. Cost structure. PWSQWPWNH Step 4: Compile the following completed items for submission The following items will need to be submitted as part of this task: Description of your lean start-up entrepreneurial venture. Completed Business Model Canvas template (nine building blocks typed up). Adiscussion on the building blocks. Asummary of how you applied the lean method principles in the development of your BMC. In maintaining the word count for this assignment, you will need to keep your writing clear, succinct and to the point. The team BMC should be submitted as one document by one nominated team member by the due date in Week 7