
Finding Product-Market Fit: Does Your Idea Fill a Gap? #scottsthoughts
Success Story with Scott D. Clary
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What Is Minimum Viable Product?
55% of business have failed because they didn't do enough market research. You need to understand how to read the market and assess whether there is a need for your product. The concept n v p comes from the lean start up model, it's a popular model in the intrapenurial start up space. It means launching the most bareboned version of your product. This is called the minimum viable product. Leaving room for growth in your product is how you launch a minimum valable product,. Then you can launch your n v p in scale.
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