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Post on Medial

Shubham P

Stealth • 10d

Don’t invest any money in a business. Here’s why: Never invest money into a business idea until you’ve validated it with a “mini MVP.” So, what exactly is a mini MVP? Think of it as a middle step between your initial idea and a fully developed MVP. It’s designed to test key aspects of your idea, without spending any money. Here’s how to approach it: 1. Identify Your Target Customer – Start by defining your ideal customer profile. Who exactly is your product meant for? 2. Engage 100 Targeted Customers – Reach out to a sample of 100 potential customers, either virtually or verbally. Describe your product or solution clearly and ask them one key question: “Would you pay for this?” Important: Never offer it for free, even at this stage. If you give it away now, they’ll likely expect it for free later too. 3. 👇

4 replies7 likes

Replies (4)

Anonymous 3

Stealth • 10d

True, by creating a "mini MVP," you avoid wasting resources on something that hasn't been validated because if it works you gotta go all in for a decade or so and that's a long time but if it won't work, you'll know sooner instead of wasting time and money. Solid stuff.

0 replies1 like

Anonymous 2

Stealth • 10d

I like the theory of this but the challenge with this approach is that not everyone will give honest feedback, and the small sample size (100 customers) might not reflect broader market trends.

0 replies1 like

Anonymous 1

Stealth • 10d

This is great advice and a mini MVP could be anything even something as simple as a figma prototype

1 replies2 likes

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Key Points ✨ I am grateful to invest in it, yet it takes my time as well as some short of money . But I eagerly want all of us to know these principles For sure. So make sure you grasp it up completely. 💨