First of its Kind - Deepstash
First of its Kind

First of its Kind

If a product is being launched in the market that is new and does not have competition, then launching it with bare minimum features is the right way.

MVP (Minimum Viable Product) strategy does not work for a generic product.

50

160 reads

CURATED FROM

IDEAS CURATED BY

george_ii

Never give up. Always find a reason to keep trying.

The idea is part of this collection:

Being a Graphic Designer in the Modern World

Learn more about business with this collection

How to create a strong portfolio

How to network and market yourself as a designer

How to manage time and prioritize tasks

Related collections

Similar ideas to First of its Kind

Customer Discovery

Startups should aim to develop the first product for a small target market via a Minimum Viable Product (MVP). The object of the MVP is to get a product out there for the early adopters (called earlyvangelists here) to play with.

Putting out an MVP forces developers to fo...

Minimum Viable Product

Minimum Viable Product

The Minimum Viable Product is the simplest, most basic form of a product or service, which can be sold in the market. This doesn't have all of the bells and whistles but has enough features to work. Basically, it is good enough but not perfect.

Releasing an MVP allows one to get feedback at...

A New Project

A New Project

If you already have a big, successful product in the market and want to launch a new, not-so-perfect product, it may not be a great idea.

Launching a bare-bones product is more suitable for early-stage companies.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates