How not to Build an MVP
Richin Jose
Host of The FUSS Podcast | Exploring Full-Stack Startups & Business Models
The above pic is a widely accepted way of explaining about an MVP. But this is a totally wrong approach to MVP.
The Problem with Oversimplified Analogies
What is an MVP? A?minimum viable product?(MVP) is a version of a product with just enough features to be usable by early customers who can then provide feedback for future?product development.
MVP is not an evolution of a technology. The objective of the MVP is to get “valuable feedback” (not just feedback) from the customers as early as possible and as cheaply as possible.
So my question is, can you build a skateboard to take feedback for building a EV Car? Or can you build a candle to take feedback for building a IoT Bulb?
As Henry Ford put it, “If I had asked my customers what they wanted they would have said a faster horse.” So to build a car, Ford would have never used a horse as an MVP to get feedback from the customer.
So keep this in mind, you have to build a just enough features of the exact product you want to build, to get “valuable feedback” (not just feedback) from the customers. That’s MVP.
And I’m pretty much sure that Ather Energy didn’t start with a skateboard.?
How to Think About a Good MVP
Key Takeaways
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