MVP or How to not fail project on early stage
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MVP or How to not fail project on early stage Pavlo Melnyk Founding Parnter at Opsway.com
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Transcript of MVP or How to not fail project on early stage
MVP or How to not fail project on early stage
Pavlo MelnykFounding Parnter at Opsway.com
Startups expectations
Looks good, but...2
FAILdeath rate > 0.9
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Black Death
Rdeath ~= 0.80
Ex. 1
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Annapurna
Rdeath ~= 0.38
Ex. 2
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WHY ?6
Survivorship bias
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Wrong [market] time / Wrong [market] place
8* Photo taken on famous Russian intellectual show “What, where, when?”
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The MAIN reason – losing focus
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...or why creativity and great product aren’t enough
Startup spirit vs Enterprise methodologies
★ Solve real world issues
★ Test your ideas [ fail fast and cheaper ]
★ Financial planning is a must
★ Startup is a business, take it seriously
★ Lack of innovations isn’t so bad
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MVPMinimum Viable Product
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Why do you need MVP ?
★ test your market hypothesis / get
feedback
★ achieve initial traction / cash flow
★ get funding on early stage of your
startup
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Doing MVP the right way
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Thank you!Get in touch:
Email: [email protected]
Facebook: facebook.com/ua.pavlo.melnyk
LinkedIn: ua.linkedin.com/in/pavlomelnyk
Pavlo Melnyk
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