Thu, 17 November 2022
Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing.
In developing a minimal viable product avoid these mistakes:
Trying to create your vision fully in the MVP.
The MVP will be a greatly reduced version of the envisioned product.
Taking customer feedback literally.
Customers will provide feedback and ask for specific features.
In building a product you must look at the bigger picture to see what problems you solve and what problems you don’t solve.
Overbuilding the MVP.
The MVP should be simple to install and use and should not require extensive support to engage users.
Using the MVP as the basis for the final product.
The MVP provides feedback from which you rethink the entire product including the form factor, features, and even what problem you solve.
Building just one MVP.
The more MVPs you can build and test the more you will find the right mix of features, pricing, and form factor.
Avoid these mistakes in building your minimum viable product.
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Direct download: MVP_mistakes.mp3
Category:general -- posted at: 5:00am CDT