The Ultimate Guide to Minimum Viable Product
Please raise your hand, if you’ve ever heard about minimum viable product (MVP) and have no clue what it is. When you talk to software…
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WTF is Strategy?
Do you understand what planning and executing a product development strategy truly entails? In this helpful article, product development expert Vince Law works to clarify the concept of “strategic thinking.” Law explains strategy’s importance and offers a practical framework that contextualizes and defines strategy within the overall product development timeline. Law also offers general and specific examples of the framework and thus, strategic thinking, in action. getAbstract recommends this article to project leaders looking to better understand how to develop and execute strategy.
«Mission: This is a statement that describes the problem you are setting out to solve, typically including who you are solving it for.»
Survivorship Bias in Startups
An amazing story from World War 2 provides a lesson in user acquisition for startups.
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Reducing Product Risk and Removing the MVP Mindset
I originally wrote this piece internally at Eventbrite and thought it might be valuable to folks who do not work at Eventbrite as well. Slightly edited to remove Eventbrite jargon.What is the righ
«As Henry Ford allegedly said, “If I’d asked customers what they wanted, they would have said a faster horse.” »
The Power of Product Thinking
In many design, product management, engineering, or even venture capital interviews and pitches, you’ll be assessed on a dimension called “product thinking,” sometimes also called “product sense.” If…
«The simplest way to define product thinking is that it is the skill of knowing what makes a product useful — and loved — by people»
The Minimum Viable Testing Process for Evaluating Startup Ideas
The traditional approach is to do some customer research, throw an MVP out there as fast as possible, and hope it hits. After being early at three startups that achieved over $1M in run-rate in their…
«In an MVP, you try to simulate the entire car. In an MVT, you are just testing whether the drivetrain is more powerful with an electric engine or a gas one.»
The MVP is dead. Long live the RAT.
Why you should focus on Riskiest Assumption Tests and forget about MVPs.
Why Product Thinking is the next big thing in UX Design
Life’s too short to build something nobody wants…
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