The Minimum Viable Product Balancing Act
This post was first published on LinkedIn . One of the trickiest concepts from the Lean Startup Methodology is the Minimum Viable Product. In our experience training and coaching teams, we’ve seen lots of confusion. Part of the challenge is that the moniker “Minimum Viable Product” seems to convey diametrically opposite goals. “Minimum” indicating build as little as possible so you don’t waste time or effort. “Viable” indicating that you need to build enough to make the experiment realistic enough that customers will believe they are responding to an authentic product experience. Furthermore, “Product” indicates a level of completeness or refinement in what is presented to customers. Eric Ries’ shorthand guidance for MVPs is to start off with what you believe is needed in the MVP. Then eliminate half the features. Then eliminate half the features again. His point is that we all tend to design in much more functionality than what is actually needed. The guidance we g...