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Minimum Viable Product: Seven Real-World Examples

Minimum Viable Product: Seven Real-World Examples | Lean EntrepreneurshiԀPassion | Scoop.it

You don’t want to waste your time and money building a product no one will want to use or pay for. So, first get out of the building and talk to your customers. But there’s a world of difference between talk and action.


Via Robin Good
Oliver Durrer's insight:

The notion of "MVP" or "Minimum Viable Product" is a key element of Eric Ries' book The Lean Startup. The idea is to test an MVP with early adopters to reach product-market fit as quickly as possible through real customer feedback and validation of underlying growth and value hypotheses. Avoiding to waste time and resources on developing a product that nobody wants. Still - very surprisingly to me - the number one reason for Startup failure, according to this source: http://sco.lt/8gFEh7

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Moses B. Tambason's curator insight, November 9, 2013 2:42 PM

More people are running to charity tube to post free videos and watch free videos than posting on you tube. Try posting at charity tube and you will never leave. http://www.africatube.net/ More visitors and more video views. Don't take our word for it, try it. Post one same video on youtube and put it on  http://www.africatube.net/ and return ater five hours and compare the viewers rate and decide for yourself. Create your very own group or forum and control who watch it and invite everyone to watch the video. Above all, post video in English or in any language and viewers can watch video description in their own language. Try it and let us know your experience. Above all it is absolutely free like youtube

Russell Holcombe, CFP, MTx's curator insight, November 16, 2013 12:48 PM

Great article on testing new ideas in business.

Jason Holman's curator insight, December 29, 2013 8:16 PM

good examples to live lean

Lean EntrepreneurshiԀPassion
With Passion and Purpose beyond Profits to Prosperity: resources for entrepreneurs and intrapreneurs wanting to make a difference and an impact. The latest in lean startup techniques for continuous, accelerated learning and ROI. From lean startup to lean enterprise. --> Explore, connect, strategize, build, experience, measure, learn and accelerate... repeat and enjoy!
Curated by Oliver Durrer