(To view prior posts in this series, click here.)
I think I’ve mostly failed to limit product development to minimum viable product (MVP). The essence of MVP is counter-intuitive to entrepreneurs who know what needs to be built. MVP is downright anathema to some wh have actually confirmed suspicions by speaking to customers, e.g. through customer development. Why limit what is built if you’ve confirmed with customers they want it all?
The problem is that the fact that customers tell you they want a feature doesn’t prove anything. The proof is in the payment. Continue reading 'Lean Start-up, Part V – MVP Fail'»
Note: Originally published at SANDIOS.
What first comes to mind when you think of China: Communism? Cheap products? Knock-offs? Piracy?
I recently had the great fortune of accompanying a group of investors, bloggers, and entrepreneurs on a whirl-wind tour of East Asia to meet our Japanese and Chinese counterparts, and learn what’s shaping their high tech industries. “Geeks on a Plane” traveled to Tokyo, Beijing and Shanghai over a 10 day period, meeting with the locals and ex-pats building the Internet, Mobile & Gaming markets.
To say the least, it was an eye-opening experience.
The first day on the ground in Beijing challenged my preconceptions. Not that cheap products and knock-offs don’t exist. They do. (One session we used plastic badges on which the left tab kept breaking off. By day’s end, the floor was littered with them.) The point is that this is neither a complete picture nor an accurate summary of China’s economy. China is teeming with entrepreneurship, innovation and believe me, only quality product can sustain the stunning architecture of Shanghai.
Continue reading 'China Online'»
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