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Michael Seibel

03/16/23

@ Y Combinator

The best advice for building a minimum viable product (MVP) is to launch something quickly, get it into the hands of customers, and iterate based on their feedback.

Video

How to Build An MVP | Startup School

@ Y Combinator

How to Build An MVP | Startup School

03/16/23

Related Takeaways

Michael Seibel

03/16/23

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Building a startup is about learning and iterating. Most successful products evolve after launch based on user feedback, so starting with a minimum viable product is crucial for this process.

Diana Hu

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Once you have a prototype and user interest, the next step is to build a Minimum Viable Product (MVP) that can be launched quickly, ideally within weeks.

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Your Minimum Viable Product (MVP) should be the first solution you build and release to test if it effectively addresses the problem.

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It's essential for founders to launch early with a minimal viable product (MVP) because the downside is low, and it allows for adjustments as the company grows.

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After launching your MVP, it's crucial to get feedback from users to understand how well your product meets their needs, even if the initial version is not fully developed.

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The key to transforming an initial spark of an idea into a successful startup is to work together to build and launch a Minimum Viable Product (MVP).

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When thinking about a minimum viable product (MVP), focus on creating something ridiculously simple to deliver value to your first users.

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When launching a Minimum Viable Product (MVP), the extremes of the midwit meme are to either launch quickly without overthinking or to obsess over every detail, fearing a bad reputation.

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Build a very lean MVP that can be developed quickly, ideally in weeks rather than months, focusing on the most critical features for your initial users.