Eric Ries and Steve Blank are one of the early adopters of instigating a minimum viable product (MVP) as part of the startup process. Blank defines a MVP “not always a smaller/cheaper version of your final product. Defining the goal for a MVP can save you tons of time, money and grief.” Blank is an advocate for executing Learn Startup approach for almost a business. One strategy behind building and utilizing a MVP is not to use too many resources (eg. time and money). Get your MVP built quickly so you can start testing your hypothesis using the new product.
How is your self-care as an entrepreneur?
Self-care can be particularly tricky for some entrepreneurs, since most entrepreneurs tend to juggle a variety of hats. The most important hat an entrepreneur wears is the self-care hat, and that one tends to be ignored on a regular basis. Self-care is defined in the dictionary as taking care of one self without medical assistance. I look at self-care as taking care of you beyond the regular exercise and healthy eating.
If you are new at business start-up then you have found the perfect blog post for you. I am going to lie out in simple steps (given that order can vary from start-up to start-up). My goal is to get the wheels turning so you can develop your own protocol that works for your business. The most appealing attribute of being an entrepreneur is there is no single right way to start your new business venture. In fact, there are countless ways to get from point A to point B. The choice is yours in what path you take in starting your new business.