MVP: What? Why? How?

Minimum Viable Product
What? Why? How?

The Minimum Viable Product is one of the most popular outcomes of the Lean Startup methodology by Eric Ries.

What is it not?
"Typically, when IT budgets are crafted and portfolio of investments are put together. There is always this expectation that the first release will be full featured and perfect in a way that you will never have to invest on it afterwards." - Paul Chapman, CIO of HP (2015)

What is it not?
MVP ≠ Beta
MVP ≠ Excuse to build a crappy product

What is it?
"A version of a product which allows a team to collect the maximum amount of validated learning about customers with the least effort."- Eric Ries (2009)

What is it?
M - The minimum
V - Viable
P - Product

What is it?
M - The minimum
V - Viable
P - Experiment

What is it?
"Time to value. How quickly can you start to extract value from the investment that you are making"- Paul Chapman, CIO @ HP (2015)

What is it?
An annoying Buzzword

What is the goal?
Find out where Vision matchs Reality

What is the goal?
"What's the smallest thing I can do to figure out if am I building a business or if it is just a hobby."
- Abby Fichtner, Creator of Hack Boston (2013)

What is the goal?
"You're way too dumb to figure out whether your idea is good or not."
- Andrew Mason, CEO of Groupon

What is the goal?
To avoid Feature Creep

What is it?
- Build the minimum set of features that is viable enough to test your key assumptions.
- Learn more about your customers and the problem you want to solve.

What is the goal?
- To learn if your vision matches the reality.
- To avoid "feature creep".

some MVP Tools

- Concierge Service / "Wizard of Oz"
- Existing Tools Mashup
- Custom development
- Customer Interviews
- Landing page / Ghost product
- Crowdfunding
- Video

Validate the problem (Smoke Test)
- Customer Interviews
- Landing page / Ghost product
- Video
- Crowdfunding

Validate your solution
- Concierge Service / "Wizard of Oz"
- Existing Tools Mashup
- Custom development

How to do it?
1) Validate the problem.
- Customer Interviews
- Landing page / Ghost product
- Crowdfunding
- Video
2) Validate your solution.
- Concierge Service / "Wizard of Oz"
- Existing Tools Mashup
- Custom development
3) Build - Measure - Learn
- Customer Interviews - Customer Feedback
- Analytics / Metrics
- A / B Testing

Cases (da Leroy Merlin)
- PriceHistory
- Dashboard with metrics
- WebsiteSearch
- ReportGenerator
- AttributeGroup
- AdvancedRelation
- label "Compre Online".
- ClickAndCollect
- Estoque das Lojas
- lista.leroymerlin.com.br

Conclusion
"The same basic concepts have clearly become the consensus for software development in general. Agile software management provides the same wisdom — that the only certainty is uncertainty and we need not map out the entire solution prematurely."- Ben Halpern, co-founder of Texts.com (2016)

Conclusion
- MVP - Lean Startup Methodology
- Iterative development - Agile
- LUF - Management 3.0
- A/B Testing - Marketing

Resources
How To Do MVPs Right! - Hatchery
http://hatchery.io/blog/how-to-do-mvps-right

What is an MVP? - Customer Development Labs
http://customerdevlabs.com/2016/04/06/what-does-minimum-viable-product-mean/

Minimum viable product myth - HP Technology
https://www.youtube.com/watch?v=FLPHCRS--Rg

Scalpel, not a Swiss Army Knife - 33voices
https://goo.gl/xBl96N

Creating Your Minimum Viable Product with Abby Fichtner - Harvard i-lab
https://www.youtube.com/watch?v=cjCCS3DxZRo

Don’t Use “MVP” as an Excuse to Write Bad Software - Ben Halpern
https://dev.to/ben/dont-use-mvp-as-an-excuse-to-write-bad-software

Transcript

1. Minimum Viable Product What? Why? How?
2. The Minimum Viable Product is one of the most popular outcomes of the Lean Startup methodology by Eric Ries.
3. What is it not? "Typically, when IT budgets are crafted and portfolio of investments are put together. There is always this expectation that the first release will be full featured and perfect in a way that you will never have to invest on it afterwards." - Paul Chapman, CIO of HP (2015)
4. What is it not? MVP ≠ Beta MVP ≠ Excuse to build a crappy product
5. What is it? "A version of a product which allows a team to collect the maximum amount of validated learning about customers with the least effort." - Eric Ries (2009)
6. What is it? "A version of a product which allows a team to collect the maximum amount of validated learning about customers with the least effort." - Eric Ries (2009) A release
7. What is it? M - The minimum V - Viable P - Product
8. What is it? M - The minimum V - Viable P - Experiment
9. What is it? "Time to value. How quickly can you start to extract value from the investment that you are making" - Paul Chapman, CIO @ HP (2015)
10. What is it? An annoying Buzzword
11. What is the goal?
12. What is the goal? Vision
13. What is the goal? Vision Reality
14. What is the goal? "What's the smallest thing I can do to figure out if am I building a business or if it is just a hobby." - Abby Fichtner, Creator of Hack Boston (2013)
15. What is the goal? "You're way too dumb to figure out whether your idea is good or not." - Andrew Mason, CEO of Groupon
16. What is the goal? To avoid Feature Creep
17. What is it? - Build the minimum set of features that is viable enough to test your key assumptions. - Learn more about your customers and the problem you want to solve.
18. What is the goal? - To learn if your vision matches the reality. - To avoid "feature creep".
19. MVP Tools some
20. - Concierge Service / "Wizard of Oz" - Existing Tools Mashup - Custom development - Customer Interviews - Landing page / Ghost product - Crowdfunding - Video Validate the problem (Smoke Test) Validate your solution
21. Landing page / Ghost product
22. Video
23. Crowdfunding
24. - Concierge Service / "Wizard of Oz" - Existing Tools Mashup - Custom development - Customer Interviews - Landing page / Ghost product - Crowdfunding - Video Validate the problem (Smoke Test) Validate your solution
25. Concierge Service / "Wizard of Oz"
26. Existing Tools Mashup
27. Custom development Boitata
28. How to do it?
29. How to do it? 1) Validate the problem. 2) Validate your solution. 3) Build - Measure - Learn
30. How to do it? 1) Validate the problem. - Customer Interviews - Landing page / Ghost product - Crowdfunding - Video 2) Validate your solution. 3) Build - Measure - Learn
31. How to do it? 1) Validate the problem. 2) Validate your solution. - Concierge Service / "Wizard of Oz" - Existing Tools Mashup - Custom development 3) Build - Measure - Learn
32. How to do it? 1) Validate the problem. 2) Validate your solution. 3) Build - Measure - Learn - Customer Interviews - Customer Feedback - Analytics / Metrics - A / B Testing
33. Cases (da Leroy Merlin) - PriceHistory - Dashboard with metrics - WebsiteSearch - ReportGenerator - AttributeGroup - AdvancedRelation - label "Compre Online". - ClickAndCollect - Estoque das Lojas - lista.leroymerlin.com.br -
34. Conclusion "The same basic concepts have clearly become the consensus for software development in general. Agile software management provides the same wisdom — that the only certainty is uncertainty and we need not map out the entire solution prematurely." - Ben Halpern, co-founder of Texts.com (2016)
35. Conclusion - MVP - Lean Startup Methodology - Iterative development - Agile - LUF - Management 3.0 - A/B Testing - Marketing
36. Resources How To Do MVPs Right! - Hatchery http://hatchery.io/blog/how-to-do-mvps-right What is an MVP? - Customer Development Labs http://customerdevlabs.com/2016/04/06/what-does-minimum-viable-product-mean/ Minimum viable product myth - HP Technology https://www.youtube.com/watch?v=FLPHCRS--Rg Scalpel, not a Swiss Army Knife - 33voices https://goo.gl/xBl96N Creating Your Minimum Viable Product with Abby Fichtner - Harvard i-lab https://www.youtube.com/watch?v=cjCCS3DxZRo Don’t Use “MVP” as an Excuse to Write Bad Software - Ben Halpern https://dev.to/ben/dont-use-mvp-as-an-excuse-to-write-bad-software