Category Archives: Minimal Viable Product

The Continuing Process of Gathering & Analyzing Users Requirements

February 21, 2013 1:43 pm /

Gathering User Requirements involves a process that uses several different methods and sources to find and collect data. This can be comprised of information from interviews, questionnaires , A/B testing and focus groups that will then, in turn, be analyzed along with KPI)" href="http://jumpstartcto.com/defining-your-startup-key-performance-indicator-kpi/">your Key Performance Indicators (KPI’s).

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A common mistake people make is that they tend to treat themselves as one of the users. Like a horses with blinders, we often myopically base what we think the requirements list is, solely on one’s own selfish needs and not on the real and objective needs of the users. The correct way is to first adhere to the process of gathering User Requirements before deciding on what you think those requirements ought to be.

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How to Gather and Prioritize User Requirements and Functionality for a Minimal Viable Product?

January 14, 2013 10:01 am /

In aMinimal Viable Product (Minimum Viable Product)?" href="http://jumpstartcto.com/what-is-a-minimal-viable-product-Minimum Viable Product/"> previous post we established a working definition of the Minimal Viable Product (Minimum Viable Product) and argued that it is more a process within one’s product development strategy that is supported in different  scenarios, than it is a definition of a goal in itself.

In this post is meant to extend the discussion of development processes that determine the Minimum Viable Product into areas of what functionality to include, as well as what to exclude, when designing your product’s offering.

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What is a Minimal Viable Product (MVP)?

January 8, 2013 5:10 am /

The term ‘minimal viable product’ is a common buzzword these days in the realm of business start-ups and early stage ventures by product managers and developers who are trying to perfect their product offering.  The Minimal Viable Product (Minimum Viable Product) is actually better defined as a process and not necessarily as a product goal in itself.

A Definition of the Minimal Viable Product (Minimum Viable Product)

The basic definition for the Minimum Viable Product includes those features that allow the product to be deployed within the defined target audience.

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How to Develop Your Idea into a Product

December 19, 2012 4:27 am /

The Minimal Viable Product

Building your idea into a product requires a process that involves several different modes of expertise and knowledge. Above all, one must have a plan or methodology to follow so that the outcome will meet one’s expectations and more importantly your plan will address what your proposed target audience needs.

First and foremost to your plan is the need to focus your idea. This is done by doing comprehensive research and identifying potential competitors, in order to understand what the proposed value of your offering is in comparison to other players within your niche market. Often it may be more difficult to be first player in your market than being in a position among several other players. Despite the fact that being first gives you the advantage, it also means your market is not yet defined and you need to educate your customers in advance on how to use your product.

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