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How to Reduce Risk in Prototyping
I think a really key thing about prototyping is about reducing risk. It's like by creating the fake Palm Pilot out of a block of wood, he was able to test a hypothesis dramatically faster and cheaper than if he actually had to build one at a plastic let alone make one that actually works. If you can focus on gathering information about whatever the biggest risks are, that's actually a very efficient way to find out quickly if the project's viable.