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Every winning team needs

An MVP

Talent is never enough. With few exceptions, the best players are the hardest workers. 
~Magic Johnson

Make your Goods GREAT

Before we go on, let's make sure we are reading the same playbook. All businesses offer goods or services to their customers. Goods are physical items a business sells, like the groceries you can buy from Jewel. Services are actions a business performs in exchange for money, like a teeth cleaning you get from a dentist. Some businesses may offer both goods and services. Best Buy, for example, sells electronics (goods) and offers setup support (services). Depending on what you offer your customers, you may find it is a good idea to offer goods and services that go well together. Just don't stretch yourself too thin!

Features of Goods

 

  • Things you can touch

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  • Consistent product definitions

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  • Rarely unique

 

  • Produced and used at different times

 

  • Can be tracked and inventoried (counted)

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  • Involve low customer interaction

Features of Services

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  • Things you can't touch

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  • Inconsistent product definitions

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  • Usually unique

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  • Produced and consumed at the same time

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  • Often knowledge-based; cannot be counted

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  • Involve high customer interaction

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"It is easier to make things people want,
than it is to make people want things."
~Des Traynor
Activity: Products Meet Needs
Video: Products Meet Needs
Video: Minimum Viable Product (MVP)

Learn about your product. Prove that it's good!

Now do both without spending too much time and money.

Make something people need and sell that...
or be someone people need and sell you.
~Ryan Lilly
PowerPoint: The Minimally Viable Product

Discover your MVP

Failure is the opportunity to begin again more intelligently.
~Henry Ford
Article: 5 Questions to ask Before Building your MVP

Pinterest Board: The MVP

Don't wait for opportunity. Create it.

Business Plan Takeaway: Your MVP
You built a winning team.
...but who are your fans?
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