Cookies

By clicking “Fine”, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
Audio
Text
Erald 582d
Erald
1
Copy link to post
 
Kent Vorland
Add comment
It's day one, you've got a brand new limited company, you've got the blueprints, you've got the either funding or co-founders, you have everything you need for success. So now we've got to start building towards that proof of concept. So if you remember earlier, what we did was talk about the MVP. Right. So we're going to be using the blueprints that you've created to start building towards a proof of concept. The proof of concept is what's going to show the world your potential investors when you raise funds and any stakeholders in and around your company, including yourself, that there is a product market fit. Meaning there is a gap and you're filling it. There is demand for what it is that you want to provide the world with. So taking the blueprints that you have, you now have to set up your tech roadmap, your development roadmap which is there to break down exactly how you get from here to your MVP. What you're going to be launching in order to prove that there is a demand. Now bear in mind a proof of concept is exactly that. You're just proving that the concept has a demand. You are not looking to push out a full platform or the full piece of tech. You're taking the core values of what you want to offer and you show that there are people who are willing to use it. So by that, from that you can extrapolate that actually if you manage to build a full set of services and products, this is something that fits the market or even a part of the market. So you've done your market research as well, so you know exactly how big your market is. And I'm going to talk about that when we get to fundraising, exactly how to break down that market research and the serviceable and obtainable market. So now you've got to create your tech roadmap. Write down exactly how you're going to get from here to the launch of the MVP.
3
2
Copy link to post
There's this like paralyzation that a lot of tech companies have where they're trying to perfect the product but a done product is better than a perfect product that doesn't exist yet so an MVP super important and then yeah that you get your proof of concept further than the moon
1
Copy link to post
Yeah, exactly that. And there's this quote. I can't remember who it was from, but I've read it somewhere, which is if you're not embarrassed about your MVP, you've waited too long. And I mean, even though you obviously generally wouldn't be embarrassed about your MVP, it has it has the right sentiment in that you shouldn't necessarily be comfortable with what you're pushing out as long as you're pushing something out they can give you some feedback essentially. And now I'm just going to check how long this
Reply
Copy link to post
Add comment

Related Posts

Kent Vorland
Kent Vorland

Do you zombie-scroll? #tech

26
26
Kent Vorland
Kent Vorland

15.3 - How to build a tech unicorn: B2B strategy! #tech #business

14
14
Kent Vorland
Kent Vorland

ChatGPT the portfolio manager 🤣 #tech #business

24
24
4
Kent Vorland
Kent Vorland

Body fat % scales, do they work? #tech #fitness

29
29
5
Kent Vorland
Kent Vorland

Citymapper buses #tech

26
26
2
Kent Vorland
Kent Vorland

Do you know any online courses for coding? #tech #business

17
17
2
Kent Vorland
Kent Vorland

Any other similar initiatives for the underrepresented? #tech #business

23
23
4
Kent Vorland
Kent Vorland

Are there still tracking chips for sports shoes? #tech #sports

46
46
14
Kent Vorland
Kent Vorland

AI mapping what you're thinking 🤔 #tech #AI

17
17
Kent Vorland
Kent Vorland

15.2 - How to build a tech startup: B2C strategy - go niche! #tech #business

143
143
16
Kent Vorland
Kent Vorland

Are you using digital photo frames? #tech #photos

37
37
15
Kent Vorland
Kent Vorland

Home security! #tech #security

40
40
4
Kent Vorland
Kent Vorland

Interested in fireside chats with tech influencers? #tech #business

75
75
5
Kent Vorland
Kent Vorland

15.1 - building a tech unicorn: different GTM strategies #tech #business

23
23
2
Kent Vorland
Kent Vorland

Are there tech podcasts? #tech

40
40
6
Kent Vorland
Kent Vorland

Blue ticks and verification not working out #tech

43
43
9
Kent Vorland
Kent Vorland

Government Web services 😱 #tech

30
30
5
Kent Vorland
Kent Vorland

Online gambling and randomization #tech

37
37
12
Kent Vorland
Kent Vorland

McDonald's self serve ? #tech

21
21
10
Kent Vorland
Kent Vorland

Self serve bars? #tech

23
23
6
Kent Vorland
Kent Vorland

Parking tech anyone? #tech

25
25
4
Kent Vorland
Kent Vorland

Who's up for a tech talk?? #tech #business

58
58
13
Kent Vorland
Kent Vorland

Hard copy or Kindle? #tech #books

167
167
34
Kent Vorland
Kent Vorland

Alexa, Google Home or other? #tech #everything

27
27
8
Kent Vorland
Kent Vorland

Machine built with Lego growing human skin 😄 #tech #news

22
22
5
Follow Us
English
© Stereo, 2024
Get the full experience on the Stereo app
Open app