“A lot of times people don’t know what they want until you show it to them” - Steve Jobs
You can't say whether people will buy your product or not. The next logical step is to build a product. And, test if people are willing to pay for the product.
Building a product takes time. It still takes months to build a product that your customers can use. Before you spend months on it and find out that nobody finds it worth paying. It's better to find out before spending a lot of time on it.
That's why Eric Ries coined the term - MVP.
Minimum Viable Product.
But, lots of people made their own version of it and the actual meaning of MVP got lost.
Here's what his idea was: Get maximum amount of validated learning from customers with minimum efforts.
MVP is not:
• An excuse to ship a broken product.
• A one time strategy.
• A process, that you repeat over and over again.
• To learn more about the problem rather than learning what features they want.
Next time if you are thinking validate an idea, make sure you focus on problems rather then getting into features trap.
And, remember people vote with their wallets. Don't trust what they say.
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