4 November, 17:00 CET/12pm EDT/9am PDT
This session is part of Innov8rs Connect on Venture Building & Scaling (2-4 November 2021).
This session is now over. You can access the recording of this session and 700+ others and join upcoming sessions live, with an Innov8rs Community membership, the best learning resource for any corporate innovation professional. Check here for more info, and as a first step, apply to join here.
.“Throwaway" MVP - Product That Saves You From Pre-mature Scaling
Trending Topic Talk with
Narjeet Soni
This session is now over. You can access the recording of this session and 700+ others and join upcoming sessions live, with an Innov8rs Community membership, the best learning resource for any corporate innovation professional. Check here for more info, and as a first step, apply to join here.
About the session
Pre-mature scaling is one of the top reasons for failure of new products. Innovation teams scale too quickly when they build fancy features, spend money to acquire few 100 customers and get busy in operations - before they’ve nailed down the product and business model. This is why you need a “throwaway” MVP. Something that can be launched in 4-8 weeks and allows you to LEARN. So before you scale, you have to answer all the unknowns like: 1. How to acquire new customers? What message and channel work for us? 2. How to make them active and understand why they are active? 3. Understand why others are in-active? 4. What are users doing on the product? What features are they using? 5. What is their Ahaa moment? 6. How to convert active users to paid users? 7. How much are they willing to spend to solve their problem? In this session, we will talk about “throw-away” MVP hacks: - How to launch in 4-8 weeks? NO-CODE revolution - How “throwaway” MVP is built by hackers and scale-up products are build by architects - How to use data to answer all product unknowns before you scale
About the speaker
An Innovation Strategist at Lean Apps, Narjeet seems to be in love with experimentation and pre-totyping. He has tested new business ideas in Pharma, Healthcare, Insurance, Automotive, Retail, Telecom, Music, Manufacturing and more. He has tested ideas both for physical and digital products across B2B, B2B2C and B2C. His mantra: SELL it before you BUILD it.
“Throwaway" MVP - Product That Saves You From Pre-mature Scaling
Trending Topic Talk hosted by Narjeet Soni, CEO & Innovation Strategist at Lean Apps
This session is part of Innov8rs Connect on Venture Building & Scaling (2-4 November 2021).
This session is now over. You can access the recording of this session and 700+ others and join upcoming sessions live, with an Innov8rs Community membership, the best learning resource for any corporate innovation professional. Check here for more info, and as a first step, apply to join here.
.This session is now over. You can access the recording of this session and 700+ others and join upcoming sessions live, with an Innov8rs Community membership, the best learning resource for any corporate innovation professional. Check here for more info, and as a first step, apply to join here.
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