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So I've been reading a lot about startups and one concept I've found is MVP or the minimum viable product:
The idea of minimum viable product is useful because you can basically say: our vision is to build a product that solves this core problem for customers and we think that for the people who are early adopters for this kind of solution, they will be the most forgiving. And they will fill in their minds the features that aren’t quite there if we give them the core, tent-pole features that point the direction of where we’re trying to go.
So, the minimum viable product is that product which has just those features (and no more) that allows you to ship a product that resonates with early adopters; some of whom will pay you money or give you feedback.
Here is whole article:
Lessons Learned: Venture Hacks interview: "What is the minimum viable product?"
So I'm thinking of applying this to my own newest idea in the fitness/bodybuilding niche. Basically I want to start testing if it's good ASAP, but for some who are into money making from the start this is a great concept. Maybe someone already used it?
Cheers
The idea of minimum viable product is useful because you can basically say: our vision is to build a product that solves this core problem for customers and we think that for the people who are early adopters for this kind of solution, they will be the most forgiving. And they will fill in their minds the features that aren’t quite there if we give them the core, tent-pole features that point the direction of where we’re trying to go.
So, the minimum viable product is that product which has just those features (and no more) that allows you to ship a product that resonates with early adopters; some of whom will pay you money or give you feedback.
Here is whole article:
Lessons Learned: Venture Hacks interview: "What is the minimum viable product?"
So I'm thinking of applying this to my own newest idea in the fitness/bodybuilding niche. Basically I want to start testing if it's good ASAP, but for some who are into money making from the start this is a great concept. Maybe someone already used it?
Cheers
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