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How to Build An MVP | Startup School

Building an MVP is widely misunderstood. Skip endless planning and surveys. Launch quickly, target desperate early adopters, and iterate relentlessly. Even the iPhone started imperfect—customer conversations beat market research.

Table of Contents

Building a minimum viable product (MVP) remains one of the most misunderstood concepts in startup culture. While many founders get caught up in endless planning, surveys, and perfectionism, the most successful entrepreneurs follow a surprisingly simple approach: launch quickly, learn from users, and iterate relentlessly.

Key Takeaways

  • Launch a basic product quickly rather than spending months on market research and competitor analysis
  • Target desperate early adopters who will tolerate imperfect solutions to solve urgent problems
  • Even legendary products like the iPhone started with major limitations and improved through multiple iterations
  • Customer surveys reveal problems but cannot tell you how to build solutions—only real products can start that conversation
  • Set strict deadlines and cut features ruthlessly to avoid perfectionism paralysis

The Counterintuitive Truth About MVPs

The best founders often make decisions that mirror complete beginners, bypassing the overcomplicated strategies of their more "sophisticated" peers. This phenomenon, illustrated through the popular midwit meme, reveals a crucial insight: sometimes the simplest approach wins.

Smart founders who overthink their approach typically fall into common traps—conducting hundreds of user interviews, analyzing every competitor, spending a year fundraising, or hiring large teams before validating their core assumptions. Meanwhile, both inexperienced founders and seasoned entrepreneurs often reach the same conclusion: get a product into users' hands as quickly as possible.

Why Speed Trumps Perfection

The primary goal isn't building something that works flawlessly from day one. Your MVP probably won't work well initially, and that's perfectly acceptable. The real value lies in starting meaningful conversations with users about their problems and how your product might solve them.

This iterative approach typically requires three to six cycles before your product bears any resemblance to its final form. Each iteration teaches you exponentially more than internal discussions or theoretical planning ever could.

Overcoming the Fear of Imperfection

Many founders avoid launching MVPs because they fear customer rejection will permanently damage their chances. This concern stems from a fundamental misunderstanding of early adopters and their motivations.

Understanding Your Early Customers

Early adopters who engage with startups expect products that don't work perfectly. They're not talking to you because they believe your product will be flawless—they're engaging because they have genuine problems and remain open to new solutions.

These customers respond positively to honest pitches about imperfect products that will improve over time. They're accustomed to trying new software and understand the development process. Conversely, customers who would abandon your product after one poor experience were never going to become early adopters anyway.

Confronting Founder Fear

The most paralyzing fear founders face is the non-specific anxiety that customer rejection equals company death. When examined closely, this fear rarely holds up to scrutiny. If a customer doesn't like your product today, you can reach out to new customers tomorrow or reconnect with previous contacts after improvements.

Your company doesn't actually die right like it doesn't die tomorrow it's not like game over you haven't run out of money

Feeling fear is natural and acceptable, but acting on unfounded fears by delaying launch for months proves counterproductive.

Debunking the "Steve Jobs Myth"

Many founders believe they can emulate Steve Jobs by imagining perfect products and bringing them directly to market. This "fake Steve Jobs" mentality misrepresents how even the most celebrated products actually developed.

The Reality of Iconic Products

The original iPhone launched without an App Store, video recording capabilities, or 3G connectivity. The internet connection was notably poor, yet people remember the iPhone as revolutionary. What they actually remember is the third or fourth iteration, not the initial release.

Similarly, the first iPod featured a physical scrolling device that frequently jammed and broke. Even Apple's most celebrated products required multiple iterations to achieve their legendary status.

If Steve Jobs needed several attempts to perfect his products, other founders should expect the same iterative process rather than attempting to launch perfect products immediately.

Successful MVP Examples

Examining how today's major platforms started reveals consistent patterns: fast development, limited functionality, and focus on small user groups who loved the basic offering.

Airbnb's Humble Beginning

The original Airbnb lacked payment processing, map views, and traditional room rentals. Users had to arrange payments separately, couldn't see property locations, and were required to sleep on air beds. The platform only operated during conferences, spinning up in cities temporarily and shutting down afterward.

Twitch's Simple Start

Twitch began as Justin.tv, featuring a single page with one streamer broadcasting continuously. Gaming content appeared sporadically, and streaming costs were enormous due to expensive CDN usage rather than proprietary video infrastructure. Despite these limitations, this basic foundation supported the eventual evolution into today's gaming platform.

Stripe's Manual Operations

Originally called "dev/payments," Stripe's initial version required manual paperwork filing and phone calls to a small partner bank for account setup. The API offered minimal features, making it unsuitable for established companies but perfect for early-stage startups needing simple credit card processing.

The first version of stripe was so basic that even us back in the day at twitch couldn't use it because didn't have enough features

Targeting Desperate Customers

The most receptive MVP users are those facing urgent problems—customers whose "hair is on fire" metaphorically speaking. These individuals will accept imperfect solutions because their need for relief outweighs their preference for polished products.

The Brick Analogy

Imagine your hair is literally on fire. The ideal solution would be a bucket of water, representing a mature product like today's iPhone. However, if someone offered you a brick—representing an MVP—you would likely use it to smother the flames despite its imperfection.

This desperation creates willingness to try suboptimal solutions, making these customers ideal for MVP testing. Customers who aren't desperate can wait for better solutions, so prioritizing them early wastes valuable development time.

Why Surveys Aren't Enough

Many founders, particularly those with business school backgrounds, attempt to skip MVP development by conducting extensive user surveys. While surveys can identify customer problems, they cannot reveal how to solve them.

The Limitation of Customer Feedback

Customers are experts in their problems but lack expertise in creating solutions. That's the entrepreneur's responsibility. Surveys help understand pain points but never provide implementation roadmaps.

Meaningful solution conversations only begin when customers can interact with actual products, even imperfect ones. No shortcuts exist for this fundamental learning process, regardless of company size or market focus.

Building Your MVP Quickly

Several practical strategies help ensure rapid MVP development and prevent perfectionism from delaying launch.

Set Specific Deadlines

Constraining development to two weeks, one month, or six weeks maximum forces prioritization of truly essential features. Without deadlines, scope naturally expands beyond minimum viable requirements.

Document Your Specifications

Write down all planned features before beginning development. This prevents constant debate about inclusion criteria and allows teams to focus on building rather than continuously redesigning scope.

Cut Features Ruthlessly

After documenting planned features, examine each one critically. Ask whether desperate customers absolutely need each feature to start using your product. Most features can wait for subsequent versions without compromising initial value.

Avoid Emotional Attachment

Don't fall in love with your MVP—it will change dramatically through iteration. Instead, develop strong attachment to your customers and their problems. The product is merely a vehicle for solving user needs, not an end in itself.

Conclusion

The path to building successful products requires embracing imperfection and prioritizing learning over polish. Launch quickly, target desperate early adopters, and iterate based on real user feedback rather than theoretical assumptions.

It's far better to have a hundred people love your product than a hundred thousand who kind of like it

Focus on creating intense value for a small group of users who will provide the feedback and enthusiasm needed to refine your product. These customers will work with you through iterations if you demonstrate genuine care for solving their problems. Remember that building something people love starts with building something people actually use, however imperfect it might be initially.

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