This is the fourth of a multi-part series authored by The Startup Collaborative cofounding team: The Death (or Evolution) of Startup Accelerators and Incubators as We Know Them!
Would you build a house before you knew how many bedrooms you needed? Would you buy a car without first deciding if you were in the market for a coupe or an SUV? Would you order something at a restaurant before looking at the menu?
Ok, those were easy. Time to think like a sophisticated, truly lean entrepreneur. Would you build a software solution before you knew what your customers were willing to purchase? Obviously not. Yet time after time we see it firsthand.
MVP stands for minimally viable prototype, and it’s what every entrepreneur should sell before committing a line of code.
Take the time to get it right. Enthusiasm and interest – especially early on – is often channeled into building.
It takes hours to define it.
It takes days to design it.
It takes weeks to build it.
Building is without a doubt the most satisfying piece. You’ll have a tangible thing to share and showcase. You’ll get to tell your friends that you’re a startup founder! “Take a look at this thing I built!” The allure to have a product website is strong. So, so strong.
To continue reading, head over to Silicon Prairie News!