MVP (MINIMUM VIABLE PRODUCT)

“If You’re Not Embarrassed By The First Version Of Your Product, You’ve Launched Too Late” – Reid Hoffman, the founder of LinkedIn

It is a common tendency among many entrepreneurs to build that perfect product. In that process they miss many important things that needs to be done in order to build a successful company. Instead of validating the idea with couple of customers in real world, you lock yourself in your comfort zone (your comfortable office, using computer/software of  your choice, no-one to tell you that what you are building may be completely useless etc.). Trust me, I have been there and done that. Until you realize that, it is just an expensive hobby of yours. It is important to build MVP and get out of your office to test it in a real world,

So many articles have been written on this topic and I am not going to cut and paste all that great stuff here. If you want to be an entrepreneur, you must look into some of these concepts.

You can start here perhaps: http://www.theleanstartup.com

More on this top topic later…

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