The 30 Day Startup: How to Create a Successful Tech Startup in 6 Weeks for Less than $50K
Will Schmidtamazon.com
The 30 Day Startup: How to Create a Successful Tech Startup in 6 Weeks for Less than $50K
of that process, called Minimum Viable Product, which involves starting with a small idea and then testing it relentlessly with small focus groups until it becomes the best version of itself (or, conversely, it gets killed because it doesn’t actually have that much potential).
The MVP should be a prototype, not a product. Building an actual product‐quality deliverable to learn, even if that deliverable has minimal functionality, leads to substantial waste of time and money, which of course is the antithesis of Lean. I find that using the more general term prototype makes this critical point clear to the product team, the
... See moreOnce clear on these leap-of-faith assumptions, the first step is to enter the Build phase as quickly as possible with a minimum viable product (MVP). The MVP is that version of the product that enables a full turn of the Build-Measure-Learn loop with a minimum amount of effort and the least amount of development time.