How to build a successful Minimum Viable Product - Tips & Hacks from experts

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Tips from experts on how to build a successful Minimum Viable Product. Best answers by fans of Lean Startup methodology, compiled from Quora.

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How to build a successful Minimum Viable Product - Tips & Hacks from experts

  1. 1. Build a Successful Minimum Viable Product – Tips & Hacks from Experts A Compilation of Best Answers from Quora
  2. 2. 2 “If you're not embarrassed by the first version of your product, you've launched too late” - Reid Hoffman, Co-founder of LinkedIn
  3. 3. Prioritize features from a User Experience perspective -Tristan Kromer, GrassHopperHearder.com
  4. 4. The conventional agile-school-of-thought recommends consciously building an incomplete product, to test the waters really - Arindam Chakraborthy, Getechoed.com
  5. 5. Discover what customers value and deliver that - Joshua Seiden
  6. 6. The status of every user story should be available in your project management tool. Started -> Finished -> Delivered -> Accepted/Rejected. Review daily. Quick review  Quick Delivery ADD HOURS Selecting a critical end-user to focus on helps you to focus your design and development efforts -Marc Abraham, Digital Product Manager
  7. 7. An MVP is Wright Brother’s first plane, not a Boeing 747! -Pek Pongpaet, Pinstagram
  8. 8. If you understand code, review code regularly in the early stages. Test Driven Development is one of first initiatives you’d have to adopt! OPTIMIZE FOR QUALITY Set an artificial time limit to launch the MVP - Pek Pongpaet, Pinstagram
  9. 9. Draw your business model canvas and see where your key assumptions lie - Balaji Viswanathan, Zingfin
  10. 10. Divide you user community into segments to get better understanding of your user base -Guy Nirpaz, Totango
  11. 11. Launch and be prepared to Iterate - John B.Petersen III
  12. 12. An MVP only exists in order to help the team learn something about customers and their behavior -Ian Collingwood
  13. 13. Complete automation of every feature is cute, but not necessary! -Ashwin Ramaswamy
  14. 14. 50% of Startups I meet require Zero coding for their MVP -Tristan Kromer
  15. 15. Building a product or scaling it? Let’s talk Email : vijay@contractiq.com We’re on LinkedIn, Twitter & Facebook as “ContractIQ”

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