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
The Minimum Viable Product is the smallest thing you can build that will create the value you’ve promised to your market. But nowhere in that definition does it say how much of that offering has to be real. If you’re considering building a ride-sharing service, for example, you can try to connect drivers and passengers the old-fashioned way: by han
... See moreEven a “low-quality” MVP can act in service of building a great high-quality product. Yes, MVPs sometimes are perceived as low-quality by customers. If so, we should use this as an opportunity to learn what attributes customers care about. This is infinitely better than mere speculation or whiteboard strategizing, because it provides a solid empiri
... See moreFROM THE MVP TO INNOVATION ACCOUNTING The solution to this dilemma is a commitment to iteration. You have to commit to a locked-in agreement—ahead of time—that no matter what comes of testing the MVP, you will not give up hope. Successful entrepreneurs do not give up at the first sign of trouble, nor do they persevere the plane right into the groun
... See moreUnlike a prototype or concept test, an MVP is designed not just to answer product design or technical questions. Its goal is to test fundamental business hypotheses.