Launch That Startup Now
Quote from Ndubuisi Ekekwe on June 2, 2018, 9:21 AMAs you build that startup, plan ahead but do not expect to eliminate every problem. Do not be like some African regulators who spend more time preventing problems which may never occur, over allowing opportunities of today to triumph. Yes, criminals will steal the money and that is why mobile money does not make sense, until mobile money works!
Launch that startup – you would never be PERFECT. They are still building Facebook, Google and Twitter. Get that product to the market. Do not wait any longer. But make sure you have a product with MVQ.
A product Minimum Viable Quality (MVQ) is that version of a new product which allows a team to sell the maximum amount of products to customers with the least effort and at the best optimized price even when delivering value.
As you build that startup, plan ahead but do not expect to eliminate every problem. Do not be like some African regulators who spend more time preventing problems which may never occur, over allowing opportunities of today to triumph. Yes, criminals will steal the money and that is why mobile money does not make sense, until mobile money works!
Launch that startup – you would never be PERFECT. They are still building Facebook, Google and Twitter. Get that product to the market. Do not wait any longer. But make sure you have a product with MVQ.
A product Minimum Viable Quality (MVQ) is that version of a new product which allows a team to sell the maximum amount of products to customers with the least effort and at the best optimized price even when delivering value.
Quote from Francis Oguaju on June 2, 2018, 12:01 PMPerfect product doesn't exist, therefore utility remains the soul of every invention/innovation.
The problem is that, most times people who will never buy/use a product are allowed to determine the quality of product, and they keep finding faults...
The most important thing is to be open, with 'work in progress' mindset; that way, you remain unstoppable.
Perfect product doesn't exist, therefore utility remains the soul of every invention/innovation.
Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.
The problem is that, most times people who will never buy/use a product are allowed to determine the quality of product, and they keep finding faults...
The most important thing is to be open, with 'work in progress' mindset; that way, you remain unstoppable.