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Why should I care about the
Minimum Viable Product
(MVP)
Minimum Viable
Crappy Products
nobody wants to use
Products built by
companies better
financed than you
Minimum & Viable
A good product for
startups
Product
MVP
Product
A. feature
B. feature
C. feature
D. feature
E. feature
500k
50k
5k
x. features
1m
6m
18m
features/time/cost
Viability
MVP
*Pareto principle
80% of your customer use only 20% of your features
80-20*
Idea
Build
Code
Measure
Data
Learn
features/time/cost
Viable
#1 #3#2 #4 #5 #6 #7 #8
So is MVP about building a Product ?
Idea
Build
Code
Measure
Data
Learn
MVP of The Wristbands
So is MVP about
building a Product ?
MVP is not MP
It is about creating
an experiment
Find what you want to measure &
then think what could be the MVP
#1
Be able to test a product hypothesis
with minimal resources
#2
Accelerate learning
3#
Reduce wasted
engineering hours
4#
Get the product to early
adopters as soon as
possible
The Minimum Viable Product is a
strategy used for fast and
quantitative market testing of a
product or product feature
*Wikipedia
#examples
zoottle.com
twttr
Kickstarter
Thank You
Nektarios Sylligardakis
Co-Founder & Head of Product

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