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by stazz1
2319 days ago
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>I have a feature list that I'd like to implement down the road, some of them are quite technically challenging. Should I overcome such challenges before releasing the MVP? Depends on how substantial it is to your Minimum Remarkable Product. You need to make a skateboard, get it on the asphalt, and see how it does. Talk to users asap, but if you are concerned someone will hijack and it pump out more features, you need more domain-specific knowledge that will render that infeasible/impossible.
Additional features down the line, if you can keep their needs in mind during the early phases, you may be able to tease apart things that would otherwise lead to "Complected" circumstances (two things tied together that do not need to be).
Building a team is harder than building an application, I wouldn't consider it lightly as a solution to an incomplete product. If you're going to build a skyscraper, you need a plan from day one, but you also need people who can help you work on the concrete floor and foundation, not too many window decorators quite yet.
Basically you must weigh out the odds.
Will someone release before you? (10-80%)
Will someone release after you but out-compete you on features? (25%)
Will someone attempt to make a competition app if yours hits the market first (5% likely)
Will someone else attempt to hit the market first if no app is there (95%) Find the minimal set of features that customers will pay you for and use that as your first comet to reach. Your overall strategy should be to make a banger product, and you don't know what that looks like until you put a plank in the room and say "hey what do you think of this couch" and someone else says "that's a couch?!" It's the way to making a perfect couch, a perfect piece of furniture, that is not predictable and not exactly teach-able. As long as you are creating a product in a market with little to no competition you are fine, but if there is a lot of competition, why are you fighting for a tiny slice of a big pie when you could have a huge slice of a pie elsewhere that can grow? Recommend watching videos about Peter Thiel's Zero to One. |
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