The MVP is dead. Long live the RAT. | HackerNoon
hackernoon.comSaved by Briggs Uhler
The MVP is dead. Long live the RAT. | HackerNoon
Saved by Briggs Uhler
In fact, a common outcome of a concierge MVP is to invalidate the company’s proposed growth model, making it clear that a different approach is needed. This can happen even if the initial MVP is profitable for the company. Without a formal growth model, many companies get caught in the trap of being satisfied with a small profitable business when a
... See morethe right MVP then needs to address the smallest subset of problems that, when solved, still create a big enough promise to warrant switching to your product.
Tackle your riskiest assumptions in stages.
There are four ways to test an assumption. It’s helpful to think of them as phases to be executed in order and take them one at a time during your first several projects. As you gain experience, you can choose the one that’s most appropriate to your riskiest assumption at any given point.