To MVP or Not MVP?
The concept of a Minimum Viable Product (MVP) is essential for startups, as it allows them to test ideas quickly and efficiently. Popularised by Eric Ries in “The Lean Startup,” MVPs help businesses avoid wasting resources on unwanted features and make data-driven decisions. Drive Yello’s success story highlights the importance of MVPs, showcasing various iterations of the Yello platform. Each MVP was tested, validated, and adapted based on market feedback, proving the approach’s effectiveness. However, there are pitfalls to be aware of when testing MVPs. Ensuring a balance of UX, utility, and quality is crucial for an MVP’s success.
WHY GO FRACTIONAL?
The “Gig worker” tag is generally associated with jobs like home delivery, cab driving, trades, etc. But look out Uber drivers: The Fractional executive is moving into your lane. Having run a gig platform business for the past decade, I see why people enjoy and are attracted to gig work: flexibility, control, independence, and, in some cases, the dollars. However, executives in the past tended to gravitate to either running their own businesses or working full-time in senior positions to advance their careers, but this has all changed with the emergence of the fractional executive.