Build #step-1 - Deepstash
Build #step-1

Build #step-1

  • For a startup, you need to start creating a Minimum Viable Product (MVP) as soon as possible. 
  • MVP is a version of a product that allows you to start the Build-Measure-Learn cycle with minimal effort, spending as little development time as possible.
  • Such a crude product may be devoid of the options that will be most appreciated by customers in the future. 
  • Still, at the same time, enough to be usable and understandable by first users.

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The Startup Masterclass

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How to start a successful business

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Do what scares perfectionists

  • It is not uncommon for entrepreneurs to first create a product and then find out consumers' reactions. But the point is to do the opposite.
  • The goal of creating a Minimum Viable Product (MVP) is to start learning and testing in practice as soon as possible. 
  • An MVP is needed ...

Squads are encouraged to apply Lean Startup principles

Squads are encouraged to apply Lean Startup principles such as MVP (minimum viable product) and validated learning. MVP means releasing early and often, and validated learning means using metrics and A/B testing to find out what really works and what doesn’t. This is summarized in the slogan “Thi...

How to go into practice?

How to go into practice?

The feedback that a startup receives in its experiments

 can be qualitative (which product options they like and which they don't) 

or quantitative (how many customers use the product, the number of registered users).

The Lean Startup concept is based on a Build-Measure-Learn fe...

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