I am learning on my own. Mostly looking at others. This one question I have for a long time. What you all doing once you have your MVP up and running? Share anything
I finished my MVP of www.everyhour.xyz at Christmas. I felt the same.
The short answer is that you already know.
Now it is time to grow, you need people to hear about what you do, provide value, find groups, ask them to share - provide value.
Building the MVP is a giant wall that stops most (though people do love climbing walls). The next is a long tall hill where you need to spread the word of where you are going. Good luck, keep going.
@acgoff wow! Just looked at everyhour, looks really nice.
Talking about spreading the word. What all you are doing/did so far? Would love to know those as well. ❤️
@thisissubhendu specific friends and family launch first - iron out bugs and get common questions.
Then public post to my networks. Idea to prove value of the product - will this help people that don't know me or have any connection to be apart from the website.
Then it is just about speaking to people, Reddit, Facebook, forums, etc. I'm in this stage. I'm optimising for connections to speak to people.
Ah, here's a quick one:
Phase I
1. Show it to your friends and family. Get feedback.
2. Show it to your target audience. Get feedback.
3. Rinse.
4. Repeat.
Phase II
1. Once your target audience is happy and can't stop using your product
2. Ask them to pay for your product/service.
3. A/B test your monetization strategy.
4. Rinse.
5. Repeat.
Phase III
1. Ask yourself is it still the same business you've started
2. Position your business to take full advantage of Product Market Fit (PMF)
3. Rinse.
4. Repeat and Grow.
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@eugenehp Well, Eugene, thanks for the advice, one thing make me upset is that I don't know where to find early adopters. PS: our product can do zoom audio transcript https://www.airgram.io
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@eugenehp I'd be wary of friends & family feedback. I highly recommend reading The Mom Test.
@dkaravias Of course, if you know who's your audience you can skip right the step 2. Before you get there F&F usually give you some feedback, which can be hit-or-miss, but it's definitely not zero.
re: book – thanks, time to re-read it again.
@eugenehp friend and family might not be the ideal audience, what will happen if you show a awesome football shoes to someone who don't play football you might have the best product but if you will ask will you pay for this how is this its not helpful for you
I have decided that my goal with Remotewx is to develop a successful MVP that will remain an MVP. :) Why should the ultimate goal always be to be the best and biggest company? So for me the quality of life is most important and not everyone is a good CEO. I'd rather be a founder than a CEO. :)
I don't have an MVP of Emaily yet, but first of all, I will try to find my target audience and talk to it.
And only after that I would update / add smth new / release the product.
@thisissubhendu not larger 🙂
But yeah. I see no reason to add new features until I understand for whom exactly I am doing this
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MVP building and customer building should go in parallel.
If you haven't done that start with defining use cases, target audience, or market where your MVP can be used to solve a specific problem engage some beta users to understand whether your MVP is useful.
If it's not, try finding different markets or target audiences with different demographics before building new features.
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@nurture_labs I agree. MVP, in my opinion, is a test to learn about your audience engagement. If you are doing something right, they will react.
Focus on testing the MVP and searching for a PMF. Even better, (pre)-sell it. Get it in front of as many potential customers as you can to gather feedback.
Walking around fairs and pre-selling our prototype helped us get to the break-even point only 2 weeks after we had gotten the first pieces out of production (hardware product).
@forst 100% agree on that. Talk to customers and keep building product. The biggest problem to solve until PMF is churn. If this one is fixed the world looks far more rosy again.
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First of all, if you have an MVP that means you won half the battle. Now there are many things you can do.
1. Use it to learn what people want.
2. Use it to learn how to gather feedback
3. Use it to learn how to iterate
4. Use it to find early believers
5. Use it to build community
There is so much you can do. Treat every move as a learning experience and do it with a curious mind.
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@5harath I like your idea of treating every move as a learning experience. The curious mind with a passionate heart can make the impossible possible. Cheers to you on this.
Oh, I totally understand that feeling!
We just started this stage with Vidiwise and our focus is feedback and more feedback. Understand what our users prefer, like, dislike from our platform, keep building based on this!
It´s all about hearing your potential costumers, be there willing to co-create with them!
Take care of your own community, learn, pivot, keep learning & keep going!
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@gd77 Your absolutely right on the feedback requirement. During the initial phase, the more feedback you collect, the better your product can be.
I am curious on how you collected feedback when you were at MVP stage.
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Define your LAQA (Largest Addressable Qualified Audience) and talk to them!
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@shyam_prasad_reddy I would suggest to go with the smallest audience in a specific niche and hone the product or service. This will certainly give you the skills and experience needed for scaling up when its ready for your LAQA.
Those in your first wave would also become your brand ambassadors giving you valuable outreach including needed visibility.
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Same here with www.tiramisuapp.com. We finished the MVP but we already started discussions with partners and small communities for testing. Hopefully we'll officially launch in the next weeks or couple of months :)
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