MinimumViableProductsWhy they are a life or death matter whenyou are building a live marketplaceWe share the story on how we’ve built our product Solved.ioon consecutive iterations in order to prevent failure.
Hello // my name is TomI learned how important Minimum Viable Products are the hardway: failing my first company.My new company, Solved, has an extra difficulty: it’s a livemarketplace - we connect people facing a software issue withsoftware experts live.In this scenario, building a product on consecutiveiterations is a life or death matter.Here’s why - and how to make it right.
Building a live marketplace // The number one challenge we need to make sure the supply side and the demand side are validated simultaneously and follow the same path of growth.123Supply software experts Supplysoftware experts Supplysoftware experts Demandcollaborators who need help Demandcollaborators who need help Demandcollaborators who need help
First MVP // validate the technology•Our pain point: on-site training is not efficient for big companies, and that small companies only have forums when it comes to software issues•Basic product need: connecting employees withsoftware experts live•First Step: make sure we could establish a proper connection between a client and an expert within a browser using the new WebRTC technology
This is Solved’s very first MVP
How to assess the “V” in Minimum Viable Product at this point?It’s a 1 or 0 situation: if your productworks, then you should go on.
2nd MVP // fuel the supply side•Solved is supposed to be used with any software but we reduced the scope to Ms Excel: it has a lot of heavy users and is complex enough.•Basic product need: finding experts. We could have hired some, but it wouldn’t have proven that there is a scalable supply (freelancers working remotely).•Next Step: crowding experts who are interested in taking calls an
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