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Thanks everyone for your replies! @justjimmy, as for my understanding of what MVP is — there actually needs to be an actual functioning product... although, Er

Thanks everyone for your replies! @justjimmy, as for my understanding of what MVP is — there actually needs to be an actual functioning product... although, Eric himself does mention in his 'Lean Startup book' to products that qualify under the MVP title with just a video (Dropbox) and a Concierge service (don't remember the product)... I do find it weird that he mentions those as qualifying, since they really just validate the business model. One of his (Eric) simplest definitions for a MVP was a product that could easily go through a full cycle in the lean.feedback loop: https://skitch.com/vince.baskerville/gixq3/mvp-feedback-loop https://skitch.com/vince.baskerville/gixq3/mvp-feedback-loop which should/hopefully help distill what customers want & thus actually pay for.

mindcrime 15y ago
I do find it weird that he mentions those as qualifying, since they really just validate the business model. Validation is exactly what you're seeking, especially in the earlier phases of the learn startup / customer development process. The whole point is to get validated learning as early as possible, and eliminate waste, where "waste" is "building something nobody wants."
justjimmy 15y ago
Maybe we need to separate the two more clearly? It's kinda blurry atm. PoC/MVP is basically boiling down the product to the core and validate if it has value. (Whether it's through an initial working product, wireframe or a video) But the actual working alpha product that a startup put in consumers' hands has to be a non PoS with minimum bugs, as pointed out in the article.