MVP – The Study of the Act of Faith
summary
The talk examines how to choose and validate the right minimal product approach (MVP, MLP, SLC, MMP, MMR, MSP, MAP) by running a fast feedback loop called the "Act of Faith" study to learn what features actually attract early-market users. It explains which few features are truly needed to win attention and how to prioritize investments to save time and money using Agile/Lean techniques.
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chapters (12)
- 0:00Introduction
- 1:34Startups under uncertainty
- 3:29Product as experiment
- 5:46MVP definition and goal
- 6:50Act of faith in business
- 8:16Great business acts of faith
- 11:15Hypotheses in MVP
- 12:42MVP is not early product
- 13:25Two successful acts of faith
- 15:15Startup advice
- 17:01Q&A
- 18:10Call to action
