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The #1 Notion Startup system, StartOS is $369 $279! [Get Notion]
Built in Framer.Use the code partner25proyearly to get 3 months free off Framer Pro. [Get Framer]
The #1 Notion Startup system, StartOS is $369 $279! [Get Notion]
Built in Framer.
Use the code partner25proyearly to get 3 months free off Framer Pro. [Get Framer]
How to build a product customers want
How to build a product customers want
Lean Validation and the Build Trap
Thinksightful
Thinksightful
January 11, 2023
Have you ever felt like you're constantly building features for your product, but they never seem to quite hit the mark? You're not alone. Many businesses fall into the "build trap," focusing on creating new features without truly understanding what their customers need.
This article explores the concept of the build trap and how to escape it, incorporating both key ideas from Melissa Perri's book "Escaping the Build Trap" and the lean startup validation method by Eric Reis.
What is the Build Trap?
Imagine pouring all your energy into building a magnificent birdhouse, complete with intricate carvings and a doorbell. But then you realize, birds don't use doorbells, and they might prefer a simpler design that provides better shelter from the elements.
This is the essence of the build trap. You get so caught up in the building that you forget to ask the crucial question: What problem are we trying to solve for our customers?
How to Escape the Build Trap
Here are some key takeaways from Perri's book and the lean startup methodology that can help you avoid the build trap and build products your customers will love:
Focus on customers, not just features
Before building anything, prioritize understanding your customers' needs and problems. Conduct user research, gather feedback, and truly understand their perspective. This aligns with the lean startup principle of validating the problem - ensuring there's a genuine need for your product or service in the market.
Start with a clear vision
Don't just build features aimlessly. Have a clear vision for your product and how it aligns with your overall business goals. This will help you prioritize the right features and avoid getting sidetracked.
Embrace experimentation
Don't be afraid to experiment and test different approaches. Build prototypes, gather feedback, and iterate based on what you learn. This aligns with the lean principle of building a Minimum Viable Product (MVP) - a basic, functional version of your product that allows you to test your assumptions and gather user feedback early.
Build a culture of learning
Foster a company culture that values learning, data-driven decision making, and continuous improvement. This equips your team to adapt and iterate effectively as you escape the build trap.
Lean Validation in Action
The lean startup validation method offers a specific framework to escape the build trap. It involves asking and answering four key questions through various experiments:
Validate the Problem
Is there a significant problem worth solving? Conduct interviews, surveys, or observation sessions to understand if customers experience the pain point your product addresses.
Validate the Market
Is there a large enough market for your solution? Research market trends, competitor analysis, and potential customer segments to assess the market size and viability.
Validate the Product
Does your solution actually address the problem? Develop an MVP, gather user feedback through early testing, and iteratively refine your product based on their needs.
Validate Willingness to Pay
Are customers willing to pay for your solution? Explore different pricing models and test user response to gauge their value perception.
By following these tips and implementing the lean validation method, you can avoid the build trap and focus on building products that truly resonate with your customers and drive business success. Remember, it's not about how much you build, but about building the right things that your customers need and are willing to pay for.
Have you ever felt like you're constantly building features for your product, but they never seem to quite hit the mark? You're not alone. Many businesses fall into the "build trap," focusing on creating new features without truly understanding what their customers need.
This article explores the concept of the build trap and how to escape it, incorporating both key ideas from Melissa Perri's book "Escaping the Build Trap" and the lean startup validation method by Eric Reis.
What is the Build Trap?
Imagine pouring all your energy into building a magnificent birdhouse, complete with intricate carvings and a doorbell. But then you realize, birds don't use doorbells, and they might prefer a simpler design that provides better shelter from the elements.
This is the essence of the build trap. You get so caught up in the building that you forget to ask the crucial question: What problem are we trying to solve for our customers?
How to Escape the Build Trap
Here are some key takeaways from Perri's book and the lean startup methodology that can help you avoid the build trap and build products your customers will love:
Focus on customers, not just features
Before building anything, prioritize understanding your customers' needs and problems. Conduct user research, gather feedback, and truly understand their perspective. This aligns with the lean startup principle of validating the problem - ensuring there's a genuine need for your product or service in the market.
Start with a clear vision
Don't just build features aimlessly. Have a clear vision for your product and how it aligns with your overall business goals. This will help you prioritize the right features and avoid getting sidetracked.
Embrace experimentation
Don't be afraid to experiment and test different approaches. Build prototypes, gather feedback, and iterate based on what you learn. This aligns with the lean principle of building a Minimum Viable Product (MVP) - a basic, functional version of your product that allows you to test your assumptions and gather user feedback early.
Build a culture of learning
Foster a company culture that values learning, data-driven decision making, and continuous improvement. This equips your team to adapt and iterate effectively as you escape the build trap.
Lean Validation in Action
The lean startup validation method offers a specific framework to escape the build trap. It involves asking and answering four key questions through various experiments:
Validate the Problem
Is there a significant problem worth solving? Conduct interviews, surveys, or observation sessions to understand if customers experience the pain point your product addresses.
Validate the Market
Is there a large enough market for your solution? Research market trends, competitor analysis, and potential customer segments to assess the market size and viability.
Validate the Product
Does your solution actually address the problem? Develop an MVP, gather user feedback through early testing, and iteratively refine your product based on their needs.
Validate Willingness to Pay
Are customers willing to pay for your solution? Explore different pricing models and test user response to gauge their value perception.
By following these tips and implementing the lean validation method, you can avoid the build trap and focus on building products that truly resonate with your customers and drive business success. Remember, it's not about how much you build, but about building the right things that your customers need and are willing to pay for.
Have you ever felt like you're constantly building features for your product, but they never seem to quite hit the mark? You're not alone. Many businesses fall into the "build trap," focusing on creating new features without truly understanding what their customers need.
This article explores the concept of the build trap and how to escape it, incorporating both key ideas from Melissa Perri's book "Escaping the Build Trap" and the lean startup validation method by Eric Reis.
What is the Build Trap?
Imagine pouring all your energy into building a magnificent birdhouse, complete with intricate carvings and a doorbell. But then you realize, birds don't use doorbells, and they might prefer a simpler design that provides better shelter from the elements.
This is the essence of the build trap. You get so caught up in the building that you forget to ask the crucial question: What problem are we trying to solve for our customers?
How to Escape the Build Trap
Here are some key takeaways from Perri's book and the lean startup methodology that can help you avoid the build trap and build products your customers will love:
Focus on customers, not just features
Before building anything, prioritize understanding your customers' needs and problems. Conduct user research, gather feedback, and truly understand their perspective. This aligns with the lean startup principle of validating the problem - ensuring there's a genuine need for your product or service in the market.
Start with a clear vision
Don't just build features aimlessly. Have a clear vision for your product and how it aligns with your overall business goals. This will help you prioritize the right features and avoid getting sidetracked.
Embrace experimentation
Don't be afraid to experiment and test different approaches. Build prototypes, gather feedback, and iterate based on what you learn. This aligns with the lean principle of building a Minimum Viable Product (MVP) - a basic, functional version of your product that allows you to test your assumptions and gather user feedback early.
Build a culture of learning
Foster a company culture that values learning, data-driven decision making, and continuous improvement. This equips your team to adapt and iterate effectively as you escape the build trap.
Lean Validation in Action
The lean startup validation method offers a specific framework to escape the build trap. It involves asking and answering four key questions through various experiments:
Validate the Problem
Is there a significant problem worth solving? Conduct interviews, surveys, or observation sessions to understand if customers experience the pain point your product addresses.
Validate the Market
Is there a large enough market for your solution? Research market trends, competitor analysis, and potential customer segments to assess the market size and viability.
Validate the Product
Does your solution actually address the problem? Develop an MVP, gather user feedback through early testing, and iteratively refine your product based on their needs.
Validate Willingness to Pay
Are customers willing to pay for your solution? Explore different pricing models and test user response to gauge their value perception.
By following these tips and implementing the lean validation method, you can avoid the build trap and focus on building products that truly resonate with your customers and drive business success. Remember, it's not about how much you build, but about building the right things that your customers need and are willing to pay for.