36. Principles of Minimum Viable Products

Strategy Made Simple

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How Small Can A Product Be?

One of the biggest parts of business is providing a product or service. Once you’ve decided what problem you would like to try to solve, the next step is developing the solution. Whether your solution is delivered as a product or a service, there will come a point where you have to release your product or service into the market. So, how long should you develop your product before you release? How small can your service be before you start selling? These are important questions, but there is a single key question that underlies all questions of this type.

Where and how is value created?

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Strategy Made Simple: Keep it Simple

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