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MVP Readiness Assessment

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MVP Readiness Assessment

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Jumping into a create a prototype or minimum viable product is often tempting. There are ways to be ready and make it a success. Without these factors in place you may be wasting valuable time and energy.

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Question 1 of 5

1. Question
The state of our idea
- Back-of-a-napkin
- Wireframes
- Working HTML interface in place
- Branded interface and dummy backend
- Semi-functional prototype built with dummy data
- MVP built and ready for launch
Question 2 of 5

2. Question
Knowledge of Key Market Variables
- Firm understanding of Market Size
- Pricing Strategies Clear
- Implementation Needs Clear
- Onboarding Strategy Assessed
- Clear Understanding of Sales Cycle
- Understand the Cost of Customer Acquisition
Question 3 of 5

3. Question
Access to Funding
- We plan to use the MVP/Prototype to secure investors
- We have investors if we can show them an MVP
- We have investors funding the MVP
- We have money to pay for the MVP and follow-development needed to come to market
- The product is being funded by an existing organization
Question 4 of 5

4. Question
State of the Data
- N/A
- We are working to find the data
- We have data from a variety of sources but haven’t normalized it yet
- We have data sources that we’ve documented
- We have a strong data management process in place and documented
Question 5 of 5

5. Question
State of Our Users
- No users identified
- We know who our users are and how to reach them
- We have users in other parts of our business
- We have active users at this time

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