How to build an MVP

MVP stands for Minimal Viable Product

Pre-launch Startup Goals

• Launch Quickly (MVP)
• Get Initial Customers
• Talk to customers and get feedback
• Iterate (improve the product)
• Repeat

Founder’s Biggest Fears

“Don’t worry about the product not working properly, when used by users”

“You can convince your users, that you will keeping working to make the product better”

“People who will run away from after your product don’t work properly aren’t the one who are going to try your product at the first place”

“If users don’t like customers, your company is going to die” — This is myth

Software MVP

• Very fast to build (weeks not months)
• Very limited functionality
• Appeal to a small set of users

“Go after the customers who are desperate to find a solution”

“Build your first version for customers who have their hair on fire”

“Your customers are experts in their problem but they are actually don’t have all the answers to how to solve their problem”

Building an MVP Quickly

1. Time box your spec (setting specific goals and time deadline)
2. Write your spec (note down all the specifications)
3. Cut your spec (try to analyze if the customer needs a particular specification)
4. Don’t fall in love with your MVP