Killing the Term MVP and Finding the Value Behind It

1. Designing to Learn
Melissa Perri
@lissijean
The Lean Event | April 2016

2. @lissijean
MVP

3. @lissijean@lissijean

4. @lissijean@lissijean

5. @lissijean
What if we try an MVP?

6. @lissijean@lissijean

7. @lissijean
We don’t
do that here.
“
”

8. @lissijeanFlickr: nightmaresfearfactory @lissijean

9. @lissijean
I put that sh*t
on everything!
MVP!

10. @lissijean

11. @lissijean
The minimum amount of effort to learn.
Minimum Viable Product

12. @lissijean
The minimum amount of effort to learn.
Minimum Viable Product
NO IT’S NOT!

13. @lissijean

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“A minimum viable product
(MVP) is not always a smaller/
cheaper version of your final
product.”
Steve Blank, 2013
“That product which has just those
features and no more that allows you to
ship a product that early adopters see and,
[…] pay you money for, and start to give
you feedback on.”
Eric Ries, 2009
“Minimum feature set (“minimum
viable product”) is a Customer
Development tactic to reduce
engineering waste and to get product
in the hands of Earlyvangelists
soonest.”
Steve Blank, 2010
“An MVP is not just a product with half
of the features chopped out, or a way to
get the product out the door a little
earlier. In fact, the MVP doesn’t have to be
a product at all.”
Jim Brikman, Y Combinator 2016

17. @lissijean@lissijean

18. @lissijean

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MVP

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To learn what your
customers want and need.
GOAL

21. @lissijean
It’s a process,
not a product.

22. @lissijean
Do our
customers
really have this
problem?
What do our
customers
expect to gain
in the end?
What are they
doing to solve
their problems
now?
What do they
care about in a
solution?
Where will they
use the
solution?

23. @lissijean
“ My own belief is that you should be running experiments,
many of which will not lead anywhere.
If we knew how this was going to end up,
we’d just go ahead and do it. ”Ed Catmull, President of Pixar

24. @lissijean
Problem-Solution Fit
Does this problem exist
and can I solve it?
Product-Market Fit
Is my product desirable
enough to this market?

25. @lissijean
Image: @davidjbland

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Increase
conversion rate
10%

27. @lissijean
Design ways to learn more.

28. @lissijean
What’s their
biggest
problem?
@lissijean

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Addressed Key Questions and Value Propositions
@lissijean

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When do we
focus on big
ideas?
@lissijean

33. @lissijean@lissijean

34. @lissijean@lissijean

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Product strategy
emerges
from experimentation.

37. @lissijean
Product leaders provide
vision, goals, and guardrails.
@lissijean

38. @lissijean
Company
Goal,
Product KPI,
Future state.
What are
users
doing now?
What’s the
first
little goal?
User Research,
Product
Experiments
Product Kata
1 2 3 4
Planning Experimenting
A scientific, systematic way to build better products.

39. @lissijean
“You are always in this balance
between clear leadership and
chaos; in fact that’s where you’re
supposed to be.”
Ed Catmull, President of Pixar
@lissijean

40. @lissijean@lissijean

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“Your brand is how people feel
about your product or service.”
Bill Beard - @writebeard

42. @lissijean
@joshuajames

43. @lissijean

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Solving big problems for
customers creates
big value for businesses.
@lissijean

45. @lissijean
We don’t
do that here.
“
”

46. @lissijean
MVP

47. @lissijean
Melissa Perri
melissa@produxlabs.com
produxlabs.com
melissaperri.com
@lissijean
Book:
thebuildtrap.com
School:
produxschool.com