On Another Note

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Monday, February 11, 2019
Have a great idea for a business? Wondering how to test out your product - without risking everything? If so, you might want to develop a minimum viable product (MVP) - a "version of a new product which allows a (development) team to collect the maximum amount of validated learning about customers with the least effort". Simply put, this approach to business testing puts products in the hands of end-users at the earliest possible stage with the goal of using 'early adopters' as real-life market testers. Traditional product development involves creating numerous prototypes and only launching the product once it's been perfected, while an MVP is designed to help you understand whether or not you should progress your product beyond the prototype stage. Read more
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