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LC009: How to avoid creating more than your MVP


launchpeer - June 7, 2018 - 0 comments

Today’s question:

Today’s question comes from Matt and deals with creating an MVP and how to avoid the temptation to make it too big.

Jake’s answer:

At Launchpeer, we’re actually going this right now with our new product LaunchBids.

Here are three things you can do to help avoid these mistakes.

1. Do a cost and timeline analysis for the additional features you’re tempted to add to your MVP

IS it really worth it to delay shipping until these items are complete? Probably not.

2. Don’t assume you know anything about what your customer’s want yet.

Once your MVP is defined, focus on getting paying customers and let them determine what features are a priority.

3. Just ship something

Why can’t you ship your MVP and build the additional features afterward? Getting back to the second point above, you don’t really know what your customers are going to want until they are actually using the app.

Don’t be afraid of multiple launches. There’s nothing stopping your from iterating after your initial launch. We do this all the time at Launchpeer and it’s a great to keep moving forward and not get stuck building something no one is using.

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