Tag: Market Validation
-
Scratch Your Own Itch
“Scratch your own itch” embodies the idea that personal frustrations can inspire solutions with wider appeal. It suggests that solving one’s own problems can lead to innovations that others value, emphasizing the role of personal insight in identifying and addressing unmet needs.
-
MVP – Minimum Viable Product
Originating from the Lean Startup methodology, the Minimum Viable Product (MVP) is a product version with only essential features, developed to validate a specific business hypothesis quickly. This approach prioritizes user feedback, enabling prompt refinements to ensure the product meets market demands while optimizing resource use.