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Why should I care about the Minimum Viable Product (MVP)

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Nektarios Sylligardakis
Nektarios Sylligardakis

Minimum Viable Product it isn't about the Minimum Product it is about the experiment

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Why should I care about the Minimum Viable Product (MVP)
Minimum Viable Crappy Products nobody wants to use Products built by companies better financed than you Minimum & Viable A good product for startups
Product MVP Product A. feature B. feature C. feature D. feature E. feature 500k 50k 5k x. features 1m 6m 18m
features/time/cost Viability MVP *Pareto principle 80% of your customer use only 20% of your features 80-20*
Idea Build Code Measure Data Learn
features/time/cost Viable #1 #3#2 #4 #5 #6 #7 #8
So is MVP about building a Product ?
Idea Build Code Measure Data Learn
MVP of The Wristbands
So is MVP about building a Product ?
MVP is not MP
It is about creating an experiment
Find what you want to measure & then think what could be the MVP
#1 Be able to test a product hypothesis with minimal resources
#2 Accelerate learning
3# Reduce wasted engineering hours
4# Get the product to early adopters as soon as possible
The Minimum Viable Product is a strategy used for fast and quantitative market testing of a product or product feature *Wikipedia
#examples
zoottle.com
twttr
Kickstarter
Thank You Nektarios Sylligardakis Co-Founder & Head of Product

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