Building minimum viable product is a great way to test your idea and maybe build a business. It can help you recognize whether you focus on the right problem. Without it, all you have are just assumptions. And, you don’t know for sure that any of them are true. Let’s change that. Today, we will… Continue reading How to Build Great Minimum Viable Product in 5 Easy Steps
Tag: company
The Art and Science of Pricing Your Products
One of the toughest thing to do in business, if you want to succeed, is setting the right pricing for your products. Many people consider this feat a place where science and art transcendent. When you price your products or services correctly it can influence how much will you sell and so if your business… Continue reading The Art and Science of Pricing Your Products
Investors and How to Pitch Your Business
When you are about to start a new venture, there are two paths along which you can go. You can either bootstrap the business by yourself or with help of your relatives or by raising capital provided by investors. This, the second option to be more precise, is what we will discuss in this post… Continue reading Investors and How to Pitch Your Business
Lean startup in 6 minutes
Starting a company does not require having an extensive capital any more. You can start a business from your living room in day or faster following methods introduced by lean startup. In other words, no money, no access, no connections? Not a problem. All you need is to find out a need, pain or market… Continue reading Lean startup in 6 minutes
Interview – 5 questions to hire the right people
When starting new company or expanding the current, hiring new people become important part of the process. There are different philosophies you can follow. First, my favorite and personal choice, hire slow and fire fast. Second, hire fast to grow fast. In both cases you must have an interview – a system of questions that… Continue reading Interview – 5 questions to hire the right people