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This is a bit misleading as the article is about a service and not a product based business. The terms MVP and MRR do not translate well to a services based bus
by yoaviram 9y ago
This is a bit misleading as the article is about a service and not a product based business. The terms MVP and MRR do not translate well to a services based business as the two scale in vastly different ways. $10k monthly revenue does not equal $10k MRR as there's nothing reoccurring about it. If these are reoccurring revenues (say from a retainer) then the article does not mention it, and even if so MRR is much less impressive for a services business because scaling is so hard while in a digital product business, if there's demand scaling is considerably easier.
- vinrob92 9y agoHey! OP here :) I agree that it is not a product. Another more correct term would have been "MVO" (Minimum Viable Offer) It is a productized service business offering design as a service. For a fixed per month we do design requests, so it is recurring in that sense.