Beyond MVP: 10 tips for creating your Minimum Loveable Product @ Lean Conf 2014

THE MINIMUM LOVEABLE PRODUCT@ W E L O V E L E A NU X C A F É L O N D O N / M A R C H 2 0 1 4

5 MINS

LIFE’S TOO SHORT…TO BUILD SOMETHING NOBODY

WANTS

THINKBIG

START SMALL

LEARNFAST

THE VISION

5 MINS

PIVOT = A CHANGE IN STRATEGYNOT A CHANGE IN VISION

“BACK WHEN PIVOTSWERE STILL CALLED F**K-UPS”

THE SPEED V QUALITY TRADE-OFF

LAUNCHING EARLY QUALITY OF EXPERIENCE

IT AIN’T EASYBEING LEAN

“IF YOU CAN'T FIT EVERYTHING IN WITHIN THE TIME AND BUDGET ALLOTTED THEN DON'T EXPAND THE TIME AND BUDGET. INSTEAD,PULL BACK THE SCOPE

FOCUS

WHO ARE YOU DESIGNING FOR?

“THE VERSION OF A NEW PRODUCT THAT BRINGS THE MAXIMUM AMOUNT OF VALIDATED LEARNING ABOUT CUSTOMERS WITH THE LEAST EFFORT.

MINIMUM VIABLE PRODUCT

“USING A MERELY VIABLE PRODUCT IS LIKE VISITING SOMEONE IN AN INTENSIVE CARE UNIT. THEY’RE ALIVE, BUT NOT FUN TO SPEND TIME WITH.

“IF YOU DECIDE TO BUILD A FEATURE, YOU SHOULD LIVE UP TO AT LEAST A BASIC STANDARD OF EXECUTION ON THE EXPERIENCE SIDE.

“THE VERSION OF A NEW PRODUCT THAT BRINGS THE MAXIMUM AMOUNT OF LOVE FROM CUSTOMERS WITH THE LEAST EFFORT.

MINIMUM LOVEABLE PRODUCT

VIABLE DELIGHTFUL

REMARKABLE TRIBAL

GAIN A FOLLOWING WHILE EXPLORING

OPPORTUNITIES

VIABLE

VANITYFlickr image from angermann

VALIDATION

DELIGHTFUL

DESIGNFOR EMOTION

(n) ROBOTA PERSON WHO WORKS MECHANICALLY WITHOUT ORIGINAL THOUGHT, ESPECIALLY ONE WHO RESPONSES AUTOMATICALLY TO THE COMMANDS OF OTHERS

REMARKABLE

“IF YOU MAKE CUSTOMERS UNHAPPY IN THE PHYSICAL WORLD, THEY MIGHT EACH TELL 6 FRIENDS. IF YOU MAKE CUSTOMERS UNHAPPY ON THE INTERNET, THEY CAN EACH TELL 6,000 FRIENDS.JEFF BEZOS

THE NET PROMOTER SCORE

TRIBAL

STARTWITHWHY?

BUILD YOUR TRIBE

IF YOU CARETHEY’LL CARE

WHO’S GONNA LOVE YA?

HAVE A STRONG VISION

KNOW YOUR AUDIENCE

SHOW YOUR PERSONALITY

GET THEM HUNGRY FOR MORE

BUILD YOUR BRAND FROM DAY 1

BUT…BE AWARE

A BEAUTIFUL DESIGN HIDING A FLAWED BUSINESS IDEA

ORA VALUABLE BUSINESS IDEA

HINDERED BY A FLAWED DESIGN

GET THE BALANCE RIGHT

LAUNCHING EARLY QUALITY OF EXPERIENCE

THANKS!

IF YOU WANT TO DO AN MLP E-COURSERESISTER YOUR INTEREST

THANKS!THE HAPPY STARTUP

SCHOOLREALISING DREAMS, ONE STARTUP AT A TIME