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Building a Minimum Viable Product? You're Probably Doing it Wrong

Harvard Business Review

In creating a minimum viable product , entrepreneurs choose between experiments that can validate or invalidate their assumptions about a business model. But most businesses fail because our assumptions about customer demand are wrong — because of market risk. Test market risk first.

article thumbnail

Building a Minimum Viable Product? You’re Probably Doing it Wrong

Harvard Business Review

In creating a minimum viable product , entrepreneurs choose between experiments that can validate or invalidate their assumptions about a business model. But most businesses fail because our assumptions about customer demand are wrong — because of market risk. Test market risk first.