January Update — Product MVP Done
January was majorly focused on building the Product. We started around 2nd of January to start working on our product. We finalised the MVP Spec and start working on the features we have planned for the MVP.
Progress
We are currently at $0 revenue and just a $1million short of our goal (pun intended). We have spent the last whole building the MVP for our product. MVP is ready now. The next step is to get the initial user feedback from early adopters.
Learnings
We have learned 2 major lessons in this month.
- Build an MVP Spec and close it, don't make any changes unless done with the MVP.
- Do a proper technical feasibility before you work on any feature. Half an hour spent early, saves 10 hours later.
Useful Links
How building a MVP Spec might save your startup?
I am a huge fan of thinking through the plans and then sticking to it. It saves so much time early than to to waste a ton of time changing again and again. One problem I have faced with my earlier startup is that I often changes the whole specification
