Thoughts on development, design and the world we live in.

Testing MVPs with Crowdfunding

By bill in Lean Startup. Posted on December 3rd
In Testing MVPs with Crowdfunding, Justin backed the position that your startup isn’t a business, it’s a hobby. Both hobbies and businesses are easy to get obsessed over and can cost a lot of money.

Justin’s approach:
Come up with idea > Interview Customers: Does this solve a real problem? > Use paper prototypes > then what???

Instead of going down the expensive path of building a product, you can take your product to Kickstarter to better understand demand and pricing. With more and more customers using Kickstarter and other crowdfunding platforms, they are more willing to back a project regardless of the platform. A great open-source option for hosting your own crowd-funding platform is http://selfstarter.us, built by Justin’s team.

Justin Wilcox @Justin_Wilcox

Read more: Lean Startup Conference 2012

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