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Creating a Minimal Viable Product (MVP) is the next step that comes after you have a prototype. This is the simplest, most stripped-back version of your software idea, yet it still retains enough features to be released to the general public for actual use.
Minimal Viable Products are a common topic in software development with a lot of content surrounding them, so you may want to learn more about the pros and cons of creating an MVP.
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Proof of concept (PoC) is creating evidence and documentation about the feasibility of an idea. It outlines how the idealized product or service would become market-ready, how it would function, if it’s needed, and who is the target demographic.
Although nearly everyone who comes up with an idea is convinced it will work, creating a proof of concept to test your idea will ensure you arrive at the best version of it and will save you time and money in the process. Laying out every detail about your idea will help highlight gaps in your pr...
This step involves brainstorming ways to solve each of the pain points you identified in the first step. There will likely be several ways to solve each issue. After your brainstorm, you’ll evaluate each possible solution to determine how it stacks up in reference to cost, competition, timeline, ...
In creating a proof of concept, you are essentially laying out on paper why your idea would be successful in the market. Think of it as a business plan for a software idea. Though the inclination to skip making a POC can be tempting, it’s important to fully flush out your idea for a few reasons. ...
Forming an idea for a new piece of software is energizing. Brainstorming possibilities and envisioning potential inspires team members to create something new that solves a problem. Ideation is exciting, but without putting your idea through its paces, you may not end up with the product you expe...
Proof of concept always comes first. Think of this like a word document, where you have written down a fully formulated idea.
There is not a cut-and-dry method for writing a proof of concept. The rules aren’t strict like they are for other written documents, like research papers, which must all follow the same outline of intro, methods, and conclusion.
It only makes sense to put time and money into building a product if people need it. Maybe those people are the company’s employees, who need to improve their productivity. Maybe they’re a new market the company isn’t currently serving but could easily reach. Whoever they are, you need to know th...
Your next step is to create a prototype that wraps your solutions into a rudimentary product that you can use to test with those you interviewed previously. This prototype should have the expected feature set and UI/UX.
An MVP is different from a prototype in that it’s a fully-functional solution that you can put out into the world for use. While it will include only the most-important features that are essential for solving the primary pain points you identified, it should function on the user’s side just like ...
From all of the information you’ve gathered in each of the previous steps, create a roadmap that describes what you’ve learned and outlines a recommended step-by-step process for building the product. Think of this roadmap as a set of blueprints for constructing a building. With this roadmap as a...
The more information you know about what your users actually want, the sooner you can focus on those features, cut unnecessary ones, and save yourself iteration time and expenses along the way. You can continue to fundraise at each point, using these supporting documents to show investors the pro...
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