The Minimum Viable Testing Process for Evaluating Startup Ideas
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The Minimum Viable Testing Process for Evaluating Startup Ideas
It comes down to three critical steps: Map and rank your assumptions. Not all assumptions you test will move the business. This is why it is wise to list the assumptions and select those that are mission-critical for your GTM to succeed. Choose two to five research methods that are stage-appropriate. A wide variety of research methods are available
... See moreMaja Voje • Go-To-Market Strategist: Everything You Need to Reach Product-Market Fit
Seven Steps to Instant Market Testing*
1. You need to care about the problem you are going to solve, and there has to be a sizable number of other people who also care. Always remember the lesson of convergence: the way your idea intersects with what other people value.
2. Make sure the market is big enough. Test the size by checking the number and r
... 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 moreEric Ries • The Lean Startup: The Million Copy Bestseller Driving Entrepreneurs to Success
How I would choose my next startup idea:
1. It must be a product in a growing market. Startups can take years or even decades to fully develop, don’t risk creating an amazing product just to have the user base dry up.
2. The value of the product must increase over time. For example, as you upload more to a social media platform and make more friends,... See more
1. It must be a product in a growing market. Startups can take years or even decades to fully develop, don’t risk creating an amazing product just to have the user base dry up.
2. The value of the product must increase over time. For example, as you upload more to a social media platform and make more friends,... See more
David Park • Tweet
Rethinking the startup MVP: Building a competitive product | Linear
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