Leanconf 2014: Beyond Mvp: Creating a Minimum Loveable Product by Laurence McCahill

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How can we get our digital ideas to market sooner, but still deliver a product that users will fall in love with? In this talk Laurence will be highlighting the flaws with the often misunderstood concept of the MVP, and how to balance design thinking and lean startup methods to build your product quickly, spot opportunities and grow your tribe. You can follow Laurence on Twitter @welovelean. Also @spookstudio and @happystartups

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BEYOND MVP: CREATING YOUR

MINIMUM LOVEABLE PRODUCT@ W E L O V E L E A N

L A U R E N C E M c C A H I L L / L E A N C O N F 2 0 1 4

GOOD AND CHEAPAIN’T FAST

FAST AND GOODAIN’T CHEAP

CHEAP AND FASTSURE AIN’T GOOD

THE SPEED V QUALITY TRADE-OFF

LAUNCHING EARLY QUALITY OF EXPERIENCE

MINIMUM VIABLE PRODUCT

THE VERSION OF A NEW PRODUCT

THAT BRINGS THE MAXIMUM

AMOUNT OF VALIDATED LEARNING

ABOUT CUSTOMERS WITH THE

LEAST EFFORT.

USING A MERELY VIABLE

PRODUCT IS LIKE

VISITING SOMEONE IN

AN INTENSIVE CARE

UNIT. THEY’RE ALIVE,

BUT NOT FUN TO SPEND

TIME WITH.

“IF YOU DECIDE TO BUILD A

FEATURE, YOU SHOULD LIVE UP TO

AT LEAST A BASIC STANDARD OF

EXECUTION ON THE EXPERIENCE

SIDE.

@WILLSH

MINIMUM LOVEABLE

PRODUCT

THE VERSION OF A NEW PRODUCT

THAT BRINGS THE MAXIMUM

AMOUNT OF LOVE FROM

CUSTOMERS WITH THE LEAST

EFFORT.

“BUILD SOMETHING THAT A SMALL

AMOUNT OF USERS LOVE”

SOURCE: Y COMBINATOR

THINK

START SMALL

DON’T MAKE CUSTOMERS HAPPY.

MAKE HAPPY CUSTOMERS.

DHARMESH SHAH

10 TIPSTO MAKE IT MINIMUMLOVEABLE

BUILDSH!T THAT MATTERS

1

STARTWITHWHY?

THE VISION

PINPOINT YOUR PURPOSE & VALUES

FOCUS

2

IF YOU CAN'T FIT

EVERYTHING IN WITHIN

THE TIME AND BUDGET

ALLOTTED THEN DON'T

EXPAND THE TIME AND

BUDGET. INSTEAD,

PULL BACK THE SCOPE

BLUE OCEAN STRATEGY

TIMEBOXIT

3

SOLVEHIGH

VALUE PROBLEMS

4

5

MINS

LIFE’S TOO SHORT…TO BUILD SOMETHING NOBODY WANTS

VALUE PROPOSITION CANVAS

ADDSURPRIS

E &DELIGHT

5

KANO MODEL

INVESTIN

DESIGN

6

GET ‘EMHUNGRY

FOR MORE

7

BUILD YOUR TRIBE

8

WHO’S GONNA LOVE YA?

CREATE A MANIFESTO

IF YOU CARETHEY’LL CARE

MAKEIT

REMARKABLE

9

“IF YOU MAKE CUSTOMERS UNHAPPY IN THE PHYSICAL WORLD, THEY MIGHT EACH TELL 6 FRIENDS. IF YOU MAKE CUSTOMERS UNHAPPY ON THE INTERNET, THEY CAN EACH TELL 6,000 FRIENDS.JEFF BEZOS

DON’TBE

LONELY

1

0

5

MINS

PIVOT = A CHANGE IN STRATEGYNOT A CHANGE IN VISION

IN

SUMMARY

GAIN A FOLLOWING WHILE EXPLORING

OPPORTUNITIES

VIABLE DELIGHTFUL

REMARKABLE TRIBAL

VIABLE

VANITYFlickr image from angermann

VALIDATION

DELIGHTFUL

DESIGNFOR

EMOTION

(n) ROBOTA PERSON WHO WORKS MECHANICALLY WITHOUT ORIGINAL THOUGHT, ESPECIALLY ONE WHO RESPONSES AUTOMATICALLY TO THE COMMANDS OF OTHERS

REMARKABLE

THE NET PROMOTER SCORE

TRIBAL

BUILD YOUR TRIBE

8

GET THE BALANCE RIGHT

LAUNCHING EARLY QUALITY OF EXPERIENCE

BUT…BE AWARE

A BEAUTIFUL DESIGN HIDING A

FLAWED BUSINESS IDEA

OR

A VALUABLE BUSINESS IDEA

HINDERED BY A FLAWED

DESIGN

THANKS