Creating a minimum viable product (MVP) is important to reduce risk and inefficiency by allowing early customers can provide valuable feedback.
Posts tagged "product"
Analyzing your competitors Every startup has competitors. Competitors prevent customers from buying the product your startup is selling. The competitive analysis tool is part of the product development series of… Read more
Product development through customer feedback There’s no better way, in fact, there’s no other way, to validate your great idea for a new business than to talk with customers. If… Read more
Using survey tools to learn from customers There is no substitute for direct feedback from customers, especially when you are starting up a business. The following articles, worksheet, e-book, and… Read more
Great products start with a deep understanding of a high-value market problem, the impact of that problem, and a knowledge of who will be the most willing to pay for a solution.
Problem validation leads to early success. Use this tool to help you define your problem and solution, and to identify your user, supplier, and buyer.
You may have heard some experts say that a startup entrepreneur doesn’t need a business plan to start a company. That’s just not so. A well-thought-out and well-written business plan… Read more
You’ve come up with a great idea. You’ve talked one-on-one with people from the industry to validate that, yes, there is a known market need for the problem that you… Read more
Organize your efforts to create a thoughtful and well-rehearsed pitch that gains interest from investors.
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