20-ish Minute Skill: The Concierge MVP (ITS Classic)

Idea to Startup

English - February 21, 2024 10:00 - 26 minutes - 23.8 MB - ★★★★★ - 134 ratings
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Previous Episode: How to Create a Strategy For Your Startup

Next Episode: A System to Generate Ideas (aka how to let your brain be a brain)

Today's classic ITS episode discusses the Concierge MVP, an indispensable tactic early stage entrepreneurs can use to get the feedback of a full product without the money and time required to build one. We go through the 4-step method that'll get you data from customers you can use to raise funding, hire, or recognize the opportunity actually isn't worth your time.

Tacklebox Idea to Startup Newsletter Idea to Startup Bot More Concierge MVP Examples

00:00 - Opening and introduction
02:00 - The chicken and egg startup
04:50 - The value of a Concierge MVP
07:20 - The four steps of a Concierge MVP
11:00 - Example story of coaching service Concierge MVP
14:20 - Challenges with selling/positioning the Coaching MVP
18:30 - Learning from Concierge MVP results
22:45 - The End - Momentum