mvp or how to not fail project on early stage
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MVP or How to not fail project on early stage
Pavlo MelnykFounding Parnter at Opsway.com
Startups expectations
Looks good, but...2
FAILdeath rate > 0.9
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Black Death
Rdeath ~= 0.80
Ex. 1
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Annapurna
Rdeath ~= 0.38
Ex. 2
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WHY ?6
Survivorship bias
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Wrong [market] time / Wrong [market] place
8* Photo taken on famous Russian intellectual show “What, where, when?”
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The MAIN reason – losing focus
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...or why creativity and great product aren’t enough
Startup spirit vs Enterprise methodologies
★ Solve real world issues
★ Test your ideas [ fail fast and cheaper ]
★ Financial planning is a must
★ Startup is a business, take it seriously
★ Lack of innovations isn’t so bad
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MVPMinimum Viable Product
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Why do you need MVP ?
★ test your market hypothesis / get
feedback
★ achieve initial traction / cash flow
★ get funding on early stage of your
startup
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Doing MVP the right way
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Thank you!Get in touch:
Email: [email protected]
Facebook: facebook.com/ua.pavlo.melnyk
LinkedIn: ua.linkedin.com/in/pavlomelnyk
Pavlo Melnyk
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