| My stock comment on the subject originally posted on http://news.ycombinator.com/item?id=3429906 1) MVP != half assed, cheap, shitty product. It is exactly what it says: a minimum viable product, key word being viable. An MVP for a mission critical application or a cutting edge piece of research isn't going to be cheap or easy, because it needs to be viable. 2) The cycle of expectations that your product needs to be as feature rich as your competition on day one leads to what Eric Ries calls the large batch death spiral where it always seems like a good idea to add that one last feature (I've been there, it's painful, and really difficult to pull out of). 3) RE: fear of ruining your reputation if your MVP isn't shiny enough-- good news: no one knows who you are when you launch, so you have nothing to lose. Don't launch your MVP in the press, court early adopters, listen to your customers, and focus on building value until your product kicks the competition's ass. If you hide from customers out of fear you take the biggest risk of all: building something no one wants. Even if you have the best product idea in the world, the only way to know if the features you add are having a positive impact is to measure the behavior of real, live, human users. Unfortunately I think what we're seeing is the lean startup backlash where people use the terms but don't really take the time to understand what they mean. The Lean startup movement is a powerful set of lessons that can empower entrepreneurs and save us from wasting our time and effort building the wrong things and chasing the wrong metrics, but maybe some of the lessons just have to be learned painfully through experience. |