The Minimum Viable Testing Process for Evaluating Startup Ideas
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Saved by Mark Fishman and
The Minimum Viable Testing Process for Evaluating Startup Ideas
Saved by Mark Fishman and
The answer is to test the waters with an MVP. Take your product idea and shave it down until it is just one dedicated tool that you can build in a few weeks – a tool that solves a specific problem. Build just that product, promote it, and gather feedback. Then you’ll have real data to decide on your next course of action. This is the same path that
... See moreThis is where a Minimum Viable Product (MVP) offers an invaluable safety net. An MVP is created when you build a very basic version of your product to enable you to test your assumptions as cheaply and quickly as possible. If the MVP is successful and sparks enthusiastic feedback, you can persevere and look to build a fuller version of your product
... See moreA great business idea isn’t enough. You need to quickly and cheaply test your assumptions to establish whether your product meets the needs of a market and fills this niche well enough for people to pay for it. The early days of a startup should involve constraint testing, tweaking and learning with the ultimate goal of discovering product/market f
... See more