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Michael Seibel

03/16/23

@ Y Combinator

Many founders fear that if they give their product to users and it doesn't work, their company will fail, but in reality, the company doesn't die immediately; you can always improve the product based on feedback.

Video

How to Build An MVP | Startup School

@ Y Combinator

How to Build An MVP | Startup School

03/16/23

Related Takeaways

Jessica Livingston

10/25/13

@ Y Combinator

To create a product that people want, founders must engage with users and be willing to pivot their ideas significantly based on feedback.

Y Combinator Cast

07/13/24

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Once Founders launch their product, they often feel liberated to learn from customer feedback and improve their offerings, rather than waiting for a perfect launch.

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07/13/24

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Founders often mistakenly believe that if users try their product once and dislike it, they will never return, but this is not typically the case.

Michael Seibel

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Founders often mistakenly believe that they need to build a complete product before seeking feedback; however, feedback on an initial version is essential for improvement.

Gustaf Alströmer

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The best founders learn directly from their users throughout the lifetime of their company, ensuring they stay honest and informed about their product's impact.

Michael Seibel

03/16/23

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As a founder, you need to be prepared to iterate on your MVP based on user feedback, as the product will change significantly over time. Focus on learning from your users to improve your offering.

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The best founders use launches to diagnose problems, find early adopters, and iterate on their products based on customer feedback, leading to continuous improvement.

Michael Seibel

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Founders should avoid the mindset of needing to create a perfect product before launching; instead, they should focus on getting something out quickly and iterating based on user input.

Gustaf Alströmer

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The best founders continuously engage with their users to refine their product and ensure it meets real needs.