Startup Funding Espresso – MVP Mistakes

MVP Mistakes Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. In developing a minimal viable product avoid these mistakes: Trying to create your vision fully in the MVP. The MVP will be a greatly reduced version of the envisioned product. Taking customer feedback literally. Customers will provide feedback and ask for specific features. In building a product you must look at the bigger picture to see what problems you solve and what problems you don't solve. Overbuilding the MVP. The MVP should be simple to install and use and should not require extensive support to engage users. Using the MVP as the basis for the final product. The MVP provides feedback from which you rethink the entire product including the form factor, features, and even what problem you solve. Building just one MVP. The more MVPs you can build and test the more you will find the right mix of features, pricing, and form factor. Avoid these mistakes in building your minimum viable product. Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let's go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: http://investorconnect.org Check out our other podcasts here: https://investorconnect.org/ For Investors check out: https://tencapital.group/investor-landing/ For Startups check out: https://tencapital.group/company-landing/ For eGuides check out: https://tencapital.group/education/ For upcoming Events, check out https://tencapital.group/events/ For Feedback please contact [email protected] Please follow, share, and leave a review. Music courtesy of Bensound.