'Sins of an Early Founder - How NOT to do an MVP!' webinar is a great piece of advice for founders, co-founders, entrepreneurs and startups.
During the webinar, Andrzej shares his experience with the most common mistakes early founders make. He highlights problems that might occur while planning and working on an MVP of your product. The kind of mistakes that, if avoided, can save you lots of money, time and stress.
Watch the webinar and find answers to these questions:
what are the sins of early founders?
what to look for when launching digital products?
what are the most common problems and mistakes in digital product development?
Would you like to know more? Let's get in touch via email office@appunite.com or fill out our contact form at https://appunite.com/briefs
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Sins of an early founder - how not to do an MVP by Andrzej Wyduba, AppUnite
1. Sins of an Early Founder -
How not to do an MVP
By Andrzej Wyduba
4. Minimum Viable Product (MVP) is...
...that version of a new product which allows a team to collect the maximum
amount of validated learning about customers with the least effort.
- Eric Rays (author of The Lean Startup)
Youre selling the vision and delivering the minimum feature set to visionaries
not everyone. Steve Blank
...is a version of a product with just enough features to satisfy early
customers and provide feedback for future product development. - Wikipedia
5. Minimum Viable Product (MVP) is...
Check out the links Ive been talking about:
http://www.startuplessonslearned.com/2009/08/minimum-viable-product-guide.h
tml
https://steveblank.com/
https://www.agilealliance.org/glossary/mvp/
https://en.wikipedia.org/wiki/Minimum_viable_product
7. When you dont like homeworks
Assuming youre right
No business model
No industry knowledge
8. Solution
Ask people around you for feedback
Try to create a Product Vision Board
A simple product vision board
https://www.romanpichler.com/wp-content/uploads/2013/12/ProductVisionBoardExtended.jpg
Dont be afraid to be wrong
13. Many changes make you slow and error prone
Staying in assumption phase
Not being able to make a decision
Being afraid of risk
14. Solution
Make sure everyone is aware of the goal and the vision
Consult changes with the team and keep the communication transparent
De鍖ne ideal customer (Buyer persona)
https://www.hubspot.com/make-my-persona
16. No it wont
No business plan execution
Hoping the product will grow organically from day 1
Lack of skills in a strategic business area
17. Solution
Find a co-founder/partner that 鍖lls in the gap
User/customer interviews
Landing page
Social media campaigns
Pilot program
Use google forms https://www.google.com/forms/about/ or survey monkey surveymonkey.com
19. Not big, but may hurt
1. Pushing for deadlines
2. Lack of involvement
20. Summary
What is an MVP?
Sin 1 - No market research
Sin 2 - More is (not) better
Sin 3 - Major or multiple changes
Sin 4 - Itll sell itself
(Not so) Small sins
a. Pushing for deadlines
b. Lack of involvement
Heres an interesting article:
Why Your RAT (Riskiest Assumption Test) Is The Real MVP