Post on 15-Aug-2015
AndaCEO, Knotch
@agansca / @knotchinc / knotch.com
99% of startups:Over-architected idea
Unvalidated Assumptions aka NO MVP
No Product RoadmapRush to Build
No Launch/Testing Plan
> No Users/Customers
Should I give up?
> No Users/Customers
Companies don’t fail.People give up.
“It’s the ONLY thing that
really matters.”- Marc
Andreessen
“Product/mkt fit = being in a good mkt
with a product that can satisfy
that mkt.”
Product / Team / Market fitDEMAND
MARKET SIZECOMPETITORS
ACQUIRERSINVESTORSFEASIBILITY
TIMEPASSION
“Creating the best product is not as critical to achieving product/market fit as creating the Minimum Viable Product that satisfies a problem/
need that is worth solving.”
- Anda Gansca
Minimum Viable Product
= the smallest thing you can build that delivers
customer value.
Case Study:What kNOTch to do
Mission:“Let’s figure out how people feel about everything in real time!!!!”
Knotch V0.1
Knotch V0.1
Knotch V0.1
Knotch NOW:
Attacking a niche: “Knotch gives you all you
need to understand the impact of your branded content.”
Long-term vision: “Let’s figure out how people feel about everything in real time!!!!”
Knotch NOW
Recap:1. Companies don’t fail, people give up.
2. Product/Team/Market FIT.3. Solve a NEED that is worth solving.4. MVP – Learn How To Think Small.
“If everything seems under control, you’re just not going fast enough.”
- Mario Andretti, F1 driver