Delivering a Minimally Viable Product

One of the most challenging times when developing a new product or service or when starting a new business is when you are close to being ready to launch. You are at the 80-90% completion point, but you just want to make a few changes, add another feature, run one more test. 



This is the point where things can go terribly wrong.



That feature you want to add, that change you want to make, that test you want to run, those things can derail the entire process and stop you from succeeding. 



On this episode of the Small Business Show, your hosts Dave Hamilton and Shannon Jean share tips and techniques for powering through this “last mile” to deliver an MVP by not letting yourself get derailed by perfection. Join us and discover what has worked for us, then come share what has worked for you on the Small Business Support Group!


Chapters/Timestamp:

00:00:00 Small Business Show #232 for Wednesday, July 17, 2019
00:01:03 Beware Customer Tunnel-Vision

SaneBox


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00:08:37 Minimum Viable Product: Powering Through the Last Mile
00:09:30 Perfect is the enemy of good
00:10:43 Embracing the fear of change

Embrace iteration


00:15:44 Define the MVP and Define future versions
The “Wouldn’t It Be Great If” board
00:20:55 Fostering a culture of change
00:22:19 SPONSOR: The Alternative Board . TAB is a group of business owners & experts in your area that you can turn to for advice. Visit TheAlternativeBoard.com/SBS and get the “25 Timeless Principles of Exceptional Businesses” e-book free!
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00:25:16 Stagnation of Perfection
00:26:19 Managing the risk of launching imperfection
00:29:03 Plan for a soft launch
00:29:50 Communicate humility
00:31:14 Humility lets you take more risk
00:33:06 “We’re building decks, we’re not building a piano”
00:34:34 Accept sunk costs

Beware the Nirvana fallacy


00:35:30 Shannon’s Current Status
00:40:33 SBS 232 Outtro
The post Delivering a Minimally Viable Product – Small Business Show 232 appeared first on Business Brain - The Entrepreneurs' Podcast .