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Build minimum viable products to gather feedback from "summary" of The Lean Startup by Eric Ries

The idea behind building minimum viable products to gather feedback is to create a simple version of a product or feature that can be tested with real customers. By focusing on the essential elements and leaving out unnecessary bells and whistles, you can quickly get your product in front of users to see how they respond. This concept is based on the principle that it is more valuable to learn from real-world feedback than to spend time and resources perfecting a product in isolation. By getting a minimum viable product out into the market, you can gather data on how customers actually use the product, what they like or dislike, and what improvements are needed. The goal is not to create a polished, final version of a product, but rather to create something that can be tested and iterated upon based on feedback. This iterative approach allows you to make incremental improvements and adjustments based on real insights from customers, rather than relying on assumptions or speculation. By starting small and focusing on the core value proposition of a product, you can avoid wasting time on features that customers may not actually want or use. This allows you to quickly validate your ideas and make informed decisions about how to move forward. Building a minimum viable product also encourages a culture of experimentation and learning within a company. Instead of being afraid to try new ideas or make mistakes, teams are empowered to test their assumptions, gather feedback, and make data-driven decisions about the direction of a product.
  1. The concept of building minimum viable products to gather feedback is about being lean, agile, and responsive to the needs and preferences of customers. By embracing this approach, companies can increase their chances of success and create products that truly resonate with their target audience.
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The Lean Startup

Eric Ries

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