Meet the Real MVP! How to get projects done on time.
April 26, 2021
Got projects? Have you got amazing ideas? Are you ready to start but feel overwhelmed because you want results now or need fast results? Is your perfect vision several weeks or months away?
Please don't fret; let me introduce you to the real MVP! Yes, Minimum Viable Product will give you results fast now, then allow you to enhance and make it better until you get to your end-state vision. Most of the time, you will end up with an even better product than you envisioned in the beginning.
Meet the Real MVP - Minimum Viable Product
Minimum Viable Product is an Agile concept that allows you as a business owner to launch or implement a product or process change in your business and immediately start to realize value.
With MVP, you will focus on producing a quality version of your product or goal that is immediately usable and allows you to learn about the product as the users or customers provide feedback.
This learning phase enables you to validate your idea with honest feedback then make adjustments or enhancements based on what you've learned.
No more "analysis paralysis" or "got to get it perfect, Pattie." I love this concept because I like to see results fast, and I want to learn to make it better. Following this concept has allowed me to produce better outcomes than I originally envisioned.
My MVP Business Example
My real business example is my website. When I started Living Blessed Planners, I was excited and unsure what I wanted to include on my website or how much of an investment I should make early on.
So, my objective was to get my website up as fast as possible, and because I did not have a lot of money to spend to pay a professional to develop, I decided to follow this MVP approach and learn along the way.
Phase 1 of My website included three pages: my Home page, the Planner Shopping page, and my About page. I spent several hours putting this information together and getting it launched.
During the 1st month of my website launch, I monitored my website's progress and learned how people used the site and the information there.
I learned that my visitors were having problems with my product page to view my planners. Many customers would start but stop during the process because it was too cumbersome.
So I changed the way I was displaying the pictures on my site, and I saw an improvement in how visitors viewed the products. The visitors would not exit fast and spent more time exploring the planners.
Phase 2 of my website included adding a blog page. Once I felt good about the three core pages of my website, I added a blog and started to write and publish blog posts.
Phase 3 of my website was the investment in professional product pictures. After getting a handle on copy and feeling good about the overall layout and design, I then invested in professional product pictures to enhance my website's experience.
If I had not used the MVP approach to my website, I would have invested in the beginning on professional pictures and a blog without clearly understanding how the core three pages of my website were functioning and what my audience liked. I would not have known what was working well or what needed improvement.
MVP is an excellent tool for business owners to use to create value in your business and learn from what you are delivering to customers. It allows you to invest wisely and better understand what you need to make better.
What Do you Think?
I'd love to hear from you: comment below on the next project you will apply MVP to instead of making the final product investment from the beginning.
"I can do all things through him who gives me strength" Philippians 4:13