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FROM IDEA TO LAUNCH
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IDEAS SUCK.
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IDEA = GOOD? Answer these questions to find out:
Are you solving a real problem? Who is your customer & will they use it? Why are you different than competitors? How will the customer find you? How do you make money?
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SOLVE A REAL PROBLEM VS.
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KNOW YOUR CUSTOMER “EVERYONE”≠ CUSTOMER WHO, WHAT, WHY?
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KNOW YOUR COMPETITORS
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HOW WILL YOU GET CUSTOMERS “GOING VIRAL” IS NOT A STRATEGY
HOW WILL YOU GET CUSTOMERS “GOING VIRAL” IS NOT A STRATEGY. REFERRALS, SALES, INCENTIVES?
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FAT $TACK$? FIND A BUSINESS MODEL BUT IT CAN EVOLVE
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IDEA > ????? >
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TIME TO GET REAL. MINIMUM VIABLE PRODUCT
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At this point... YOU KNOW NOTHING.
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Seriously... You know nothing.
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MVP = answers.
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Instagram Case Study
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How do you MVP?
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Take your big idea... cut 90%.
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Does removing a feature ruin your product? No = Cut it.
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Figure out who you need. What can you do? Fill in the blanks.
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Figure out how to build. Learn, hire, co-founder.
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It should not be perfect. Fake it ‘til you make it.
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Launch Iterate Measure Feedback
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Questions?
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