Posts tagged with Mvp

How to fail the right way: seven tips

The fact that more and more companies are coming to accept and embrace the f-word -- failure -- is arguably a good thing. After all, for many organizations, fear of failure has been an impediment to progress and innovation.

But the fact that an epic fail here and there can lead to success shouldn't delude business owners and executives into believing that all failure is created equal. To get the most out of fail, a company must fail properly.

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The what and how of minimum viable products

If you've been involved with a startup in the past several years, chances are you've heard the phrase 'minimum viable product' quite a bit.

Thanks in part to prominent Silicon Valley figures like Eric Ries, the father of the Lean Startup, and Steven Blank, a successful serial entrepreneur, more and more young businesses, as well as product managers at larger, more established companies, are trying to perfect the art and science of the MVP.

But what is a minimum viable product, and how do you get there?

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