Let’s Launch MVP validation for Startups
- What we do, is we listen to our clients, and guide them step by step in their MVP Validation to prevent failure.
About the package
What is ‘Let’s Launch’
There has never been a better time to start your own business. Never in the history have you had so much freedom and so much supporta. Never have there been so many new fields waiting for your initiative… Oops, but the statistics is sobering: 90% of the startups fail. Why?
Our answer is: many wonderful ideas have never turned into well-grounded businesses because they have not been thoroughly checked from the very outset. You do need to follow the succession of steps which precede a fundamental investment.
$2299
Why an nfinitiv Let’s Launch MVP?
Startups that want to build complex software products way too early usually end up struggling to hit the market, deliver something that works, and even worse, they end up having a really bad time when it comes to maintaining it. Product development is both an art and a science. An MVP helps deliver a good enough product that works and can easily improve once it is tested. To avoid the pitfalls of MVP development, there are a number of things that startups can do. Let’s take a look at some of them.
Remember, no matter how good the application idea is, if it does not work and is not thought out in a Business and strategic way, it will most likely flunk!
Validation to Launch - step by step
Defining your focus
What do you seek to validate? Clearly define your challenge, and at what stage of the innovation funnel you’re in, in order to select relevant experiment types to validate various aspects of your business proposition.
Map out your assumptions
prioritize the most critical ones and convert them into hypotheses ready to be tested.
Choose and design
the relevant experiments to test your hypotheses. *Guidance, experiment cards, and Assumption mappers will be provided.
Stage 1 – Business proposition focus
Depending on the stage of the innovation funnel you’re in, you’ll need to validate different elements of your business proposition, so that you can pick different kinds of experiments.
- Problems
- Solutions
- Features
- Business Model
- Pricing
In addition:
- What Is Your Long-term Goal?
- What Are the Success Criteria?
- Map Out the User Journey.
- Create ‘Pain and Gain Map’ to Back Each Action
- Create Opportunity Statements
- Get Your ‘Prioritization Matrix’ Right
Stage 2 – Mapping out the assumptions.
Regardless the stage you’re in (problem space, solution space, business, or pricing models), you can now map out the assumptions. We will guide you to divide the assumptions into categories – it will help you focus on the assumptions that really matter.
- Desirability – Client user focus
- Viability – Business Model
- Feasibility – Tech possibilities
- Corporate Fit – Strategy
To help you in the process of mapping out the assumptions around your new business concept, we designed the “Assumption Mapper”.
It helps you to:
- Categorize
the assumptions of your business idea. Are your assumptions related to desirability, viability, feasibility or corporate fit?
- Prioritize
the assumptions of your business idea. Focus your energies on what really matters! First validate the important assumptions which are easy to answer. Then, move to the important assumptions which are more difficult to test. Leave the non-essential assumptions for later.
Stage 3 – Ready to Launch but no idea where to start?
You will have 24 experiments you can use them for validation purposes. Mix and match them to discover powerful learnings!
Kind of Experiments:
- Evaluative:
the experiment helps you evaluate a measurable hypothesis.
- Generative:
the experiment helps you gather additional insights and signals.
- Currency:
These are the metrics you’ll need to measure in order to (in)validate your hypothesis. These results will reflect the interest/commitment of the market you are addressing.
Additional Perks
- In addition you get these....
Market Data
Relevant Market Data sourced and supplied on the Pitch Deck (subject to availability).
2 x Free Podcasts
One free podcast shared on nfinitiv Podcasts for Startups providing you with an audience of Investors and Customers .
Amazon AWS Credits
Guaranteed credits to use towards AWS services and access to AWS network *AWS Activate Credits are subject to the AWS Promotional Credit Terms & Conditions.
stripe.com
Exclusive startup benefits to help companies of all sizes accept payments from anywhere and run teir businesses online.
Our other services
Testimonials
Nothing is automated or analysed with
AI. We are working with real-life experts.
- Get the most effective results from your pitch deck presentation!
3-5 minutes
On average, an Investor spends only 3 – 5 min looking at a Pitch Deck. Make it count.
3000+
The average venture capital investor is pitched over 3,000 times a year. The big firms get in-and-around 5,000
Failure rate
About 90% of startups fail. 10% of startups fail within the first year.
We are Venture Capital Investors who have helped build over 2000 Startups. Learn how to customize your pitch deck with clear and concise content that raises the interest level of those it's being presented to.
Nothing is automated or analysed with
AI. We are working with real-life experts.
- Get the most effective results from your pitch deck presentation!
3-5 minutes
On average, an Investor spends only 3 – 5 min looking at a Pitch Deck. Make it count.
3000+
The average venture capital investor is pitched over 3,000 times a year. The big firms get in-and-around 5,000
Failure rate
About 90% of startups fail. 10% of startups fail within the first year.