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Trigger Strategy
051: The MVP Death Spiral
Jun 4, 2024
Exploring the challenges of building a Minimum Viable Product (MVP) and how it often leads to a 'death spiral'. Discussing common conditions that trap teams in this cycle, the fear of shipping imperfect products, and the importance of real customer feedback. Highlighting strategies for transforming company dynamics, navigating gaslighting, and shifting focus to customer progress for successful product development.
39:54
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Quick takeaways
- Avoid the MVP Death Spiral by focusing on customer needs and conducting deep interviews.
- Embrace adaptation and flexibility in product development by making small bets and parallelizing efforts.
Deep dives
Understanding MVP Definition and Evolution
The podcast delves into the concept of an MVP (Minimum Viable Product) and its evolution over time. Initially defined as the minimum amount of code required for a product to provide value, discussions highlight the shift towards avoiding code creation until necessary. This shift was exemplified by an individual who advocated for MVPs without writing code.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode