@chapterme

Chapters (Powered by ChapterMe) - 
00:00 - Introduction
00:25 - What is an Minimal Viable Product (MVP)
00:42 - Talk to users before writing code
01:42 - Goal of a pre-launch startup
01:49 - - Step 1 - Launch quickly (MVP)
02:13 - - Step 2 - Get initial customers
02:41 - - Step 3 - Talk to customers and get feedback
03:05 - - - Founders mistake - They think that MVP doesn’t have all features, and getting feedback on it is useless
03:36 - - Step 4 - Iterate (improve the product)
04:30 - Lean MVP (in most cases)
04:38 - - Very fast to build (weeks not months)
04:53 - - Very limited functionality
05:10 - - Appeal to a small set of users
05:24 - - Base to iterate from
05:40 - - Example 1 - Airbnb
05:54 - - - No payments
06:08 - - - No map view
06:15 - - - Part-time CTO
06:28 - - Example 2 - Twitch (Justin.tv)
06:47 - - - 1 channel
06:54 - - - Low res video
07:13 - - - No video games
07:28 - - Example 3 - Stripe (/dev/payments)
07:39 - - - No bank deals
07:48 - - - Few features
07:51 - - - Founders would integrate it for you
08:22 - Heavy MVP (in a very few cases)
08:32 - - Significant regulation (insurance, banking)
08:47 - - Hardtech
08:53 - - Biotech
08:57 - - Moonshot
09:36 - Founders Mistake - Often founders see how big companies launch their products and want to do so (have a lot of press/buzz)
10:30 - Launch simply means to start getting customers
10:51 - Learning from customers is easier with an MVP than without
11:22 - Hacks for building an MVP quickly
11:27 - 1. Time box your spec
11:47 - 2. Write your spec
12:23 - 3. Cut your spec
12:57 - 4. Don't fall in love with your MVP!
13:28 - End

@AdityaYadav-ev5rm

Every time I saw his video ,I fell in love with his teaching.

@DreamsLoopsTruths

This is good- I wish I had seen this video 2 years ago

@kyle84dlyma

Talk to users to discover problems and not features 🔥🔥

@alessandromorelli5866

boy I had NO idea that for the heavy MVP I just had to make the website for the product first!!
UGH! I went all in on the product itself that I put no attention on my landing page

I have seen like 50 YC videos and this is THE FIRST time I heard this being mentioned

@luizeduard0

One of the best videos I've seen about MVP. Great stuff

@dao.808

excellent! thank you a lot, michael!

@leodonoso7350

This video is so great 🤣 I loved the bit about the screwdriver and the mechanic, it's so true!!

@tsaplin2528

Amazing speech, thanks a lot sir!!!

@jimhall5534

The Q/A was useful.

@eeeericlin

Great video.

@lilianoyugi4927

Awesome 👍 is it applicable in the African context

@nargescanada2406

THANK U

@omidanari9133

GREAT

@gobeyondlife83

Love this Michael.. i am an early stage cofounder and often get confused with so much market research to be done, can u advice on how many users should I talk to? Appreciate it

@Jan123.

Awesome!

@nishambista906

just wondering, for example if we publish our MVP what if someone else copies the idea?

@АлександрВладимирович-ф4р

Спасибо за это видео! Очень понятно объяснено, не знал об этих функциях раньше.
Скрин: сюда

@danielleperryman4815

#MGMT1328885  I get this! Useful, simple and easy to understand. Yay! 103

@FramesByJoel

Hello Michael! Just one question, How do you deal with the initial impression that the people will have when you launch a shitty MVP? wouldn't it harm the image of the company, which will then lead to people not liking or buying into you? Thank you much!