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[{"user_id": 805, "stars": [], "topic_id": 3731, "date_created": 1297357723.2726691, "message": "Phrased another way: Have people gotten so caught up in launching v0.1 that they've forgotten about the \"making money\" part of starting businesses?", "group_id": 250, "id": 71535}, {"user_id": 8600, "stars": [{"date_created": 1297632729.6017251, "user_id": 8013}], "topic_id": 3731, "date_created": 1297610378.5326869, "message": "The distinction is that in a traditional business plan, you hit a question you don't know, and then keep piling more assumptions on top of it. With the experimental model, you reach a question you don't know, and then try to find a way to get an answer for it, which is often done by quickly creating a small product (or MVP).", "group_id": 250, "id": 91420}, {"user_id": 8600, "stars": [{"date_created": 1297632699.9417779, "user_id": 8013}], "topic_id": 3731, "date_created": 1297610319.2686069, "message": "There are separate concepts here. A business plan (the physical document) is not a useful first step because it plans on top of a foundation of guesses. However, [almost] nobody is saying you shouldn't think through the questions frequently captured in a biz plan. Is it a big market? What do the customers look like? How do they spend money? Etc.", "group_id": 250, "id": 91415}, {"user_id": 8013, "stars": [], "topic_id": 3731, "date_created": 1297632961.8242421, "message": "They address different things. Don't expect anyone to invest their money without an MVP to prove your opportunity (although it happens). At the same time, don't invest your own time into an MVP until you've thought things through with a business plan, and can convince yourself that the opportunity exists.", "group_id": 250, "id": 93911}, {"user_id": 224, "stars": [], "topic_id": 3731, "date_created": 1298397481.873637, "message": "MVP = \"minimal viable product\" (had to look that up on wikipedia)", "group_id": 250, "id": 180828}] |