The minimum viable product (MVP) is generally the first item to come out of the development process if you are starting on a product from the ground floor. You will need to learn the importance of an MVP and how to determine which features to include and what kinds of things you will want to avoid in this stage of the development process.
- Often as CTO, especially in the startup world,…you're first task will be to create the MVP,…or Minimum Viable Product.…The idea is to create a product…for the marketplace with a minimum number…of features necessary to test your audience.…The concept of MVP is from the Lean Startup methodology.…The idea is to test the market before you spend…a ton of engineering and design time building.…Like a lot of concepts in this course,…how you approach this will be completely different…depending on the size of company.…
At a very small startup,…you'll likely be trying to find a project market fit…for your first product.…This means it's critical that you build…as little as possible until you find exactly…what the market is looking for.…As companies grow, you'll have the opportunity…to build out a bit more of the product.…But keep in mind the concept of the MVP,…not to build too much until you know you'll have users.…To determine what features you need,…first determine your Product Hypothesis.…For example, with our food subscription company,…
Author
Drew Falkman
Released
2/1/2017- Hiring a great team
- Outsourcing
- Enhancing team communications
- Creating a product roadmap
- Capturing and using data and analytics
- Identifying key performance indicators
- Choosing which platform to use
- Managing the product life cycle (PLC)
- Taking feedback
- Public speaking
- Running efficient meetings
- Marketing and launching products
- Growing and scaling
- Managing crises
Skill Level Intermediate
Duration
Views
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Introduction
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Welcome1m 36s
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What you should know1m 16s
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1. Your Team
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Being CTO is a people job1m 57s
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Hiring a great team6m 27s
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Outsourcing5m 29s
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The importance of flow4m 40s
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2. Product Management
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Your job is the product1m 59s
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Creating a product roadmap3m 52s
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A/B and multivariate testing2m 45s
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3. Technology
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The great platform choice5m 27s
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Hosting and servers3m 54s
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R&D for you and your team3m 55s
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4. Development and the Product Life Cycle
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The product life cycle4m 15s
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Defining the requirements2m 23s
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The design process4m 7s
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The prototype process3m 8s
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How to take feedback3m 19s
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Minimum viable product3m 6s
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5. Marketing and Communication
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Public speaking3m 38s
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Running efficient meetings3m 13s
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6. Business and Entrepreneurship
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Being proactive4m 14s
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Managing up3m 26s
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P/L and business numbers5m 50s
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Growing and scaling5m 30s
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Managing crises2m 33s
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Conclusion
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Next steps40s
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Video: Minimum viable product