If you get unlimited funds, talent, and time, can you surely make a very successful product? Well, it’s a tricky question! Because all the above things don’t actually matter in making a scalable minimum viable product!
A few years back, any startup might escape from hiring a strong development team for building a product from scratch based completely on a great idea. They could test the product in the market with the beta version and all and then continue to enjoy its successful release. However, it rarely proved to be successful!
And things haven’t changed much today either! Today, whereas not every product needs to be software to become successful, nearly every product has to use data and software to determine and measure its scalability.
One fact is that technology doesn’t sell any products, it only helps in making the products cheaper for scale. With today’s Minimum Viable Product or MVP approach, the rush towards market outcomes in technology without tractability. Then the technology fails in the end. Therefore if you want to provide your product with the best chance for success, you have to create maximum flexibility with MVP.
One lovely side effect of the mandatory flexible MVP approach is that it doesn’t need a massive capital investment for building and proving a product, particularly in software and anybody can use this approach. You don’t require unlimited funds or years of time investment.
Let’s take a quick look at how you can build a scalable MVP or Minimum Viable Product:
The Human Aspect
In the initial stages, the support team will execute and it is very important because documents are everything and they become the foundation for the technical system’s business requirements. It won’t become unbreakable but it’ll arise to the situation.
If you have a support team, required funding, and other options, it’s wonderful! But if you don’t have all these luxuries available, then you need to be your support team, you need to make the documentation, coding or pseudo-coding.
Starting a business or company is not only about creating a website, making a logo, as well as talking to dominant people about what your plans are. It’s about making your hands dirty while doing stuff, which will make as well as sell your products. If you wish to take a thwack at creating a high-growth business, you need to do planning and documentation thinking at the start.
The Data Aspect
Before making the plan of creating new features onto the product, the data collection system for pre-determining whether the consumers require these things or not to find out how frequently they’d wish the things and how much we would charge as well as what the margins could be.
There are many ways of collecting data on scalability and viability and the easiest way is to ask prospective customers as well as documents they suggest. The most precise way is to create an efficient system for that.
Data Collection Doesn’t Stop with Feasibility
It’s important to automate your support team as well as all the documentations they do while doing execution. You need to find out all the risk factors of the execution as well as create a backup so that if anything happens, you have a very good chance of sorting it quickly.
And if you have made an efficient data collection system, you can detect those unexpected moments before they come.
It may sound too much but that’s how entrepreneurs can dream big numbers, big scale, helping millions of customers or generating millions in revenue from the customers. It’s not important which color you have chosen for your car, the important thing is that you should reach your destination safely and in time.
The Tech Aspect
Developers are always proved to be expensive and it’s not surprising at all. However, the problem comes when those expensive developers create incredibly inflexible codes for our requirements.
There are certain aspects of a technical part of this process, which you should own, and surprisingly, you don’t need to be a developer to do that. Let’s go through some of those aspects:
Don’t use constants anywhere. What could be the standard today is not certain to be the standard tomorrow. Even if it is, anywhere along the line that standard will break something more down the lane.
Always create a table for the available option and never use any static list. It is a similar rule as a continuous rule. In case, you’ve three options for the choice, which needs to be done, create a three-row table as well as save the ID in your original table. After that, store the selector ID as well as the alternative ID in one more transactional table with the timestamp.
Remember one thing, you’re not doing coding to earn money, you’re doing coding for saving money. You’re not making a jet, you’re creating an ultralight. Whenever the time comes for scaling, it’s will be much easier to strengthen the weaker points than this will be to disentangle the tacky points and you’ll be very thankful that you can hinge as well as reset easily when you grow.