minimum viable product

The feedback you get from a prototype is essential to moving forward with a product or idea.

Reputation will always matter and people will never want to pay for what they can't use, no matter how cool you think it is.

The most important lessons entrepreneurs can take from the internet's biggest empire are from when it was a just another startup.

Creating a demand for something you can't deliver will hurt your brand reputation and your bottom line.

Top leaders in the tech world explain why it is so imperative to launch your startup sooner, rather than later.

Perfect is the enemy of good. Your innovative concepts are worthless if you can't implement your vision.

A lackluster response from potential customers doesn't mean you've failed -- it just means you've succeeded at understanding what the market doesn't want.

Startups fail for a lot of reasons: a lack of money (duh), poor marketing, a pivot gone awry, legal challenges. But another, different reason tops the list year after year.

Developing a minimum viable product is great for testing that amazing business idea without spending too much time or money. But first, you need to make sure your concept hits these five points.

Holmes was an entrepreneurial darling until it became apparent her miracle company was a sham.

To quote LinkedIn founder Reed Hoffman, 'if you are not embarrassed by the first version of your product, you've launched too late.'

A great MVP isn't only simple, it is also sufficient. It embodies the solution to the problem, or an elegant approximation to a solution that is good enough.

It's hard to be a perfectionist when you are an entrepreneur. Frankly, it's also often counterproductive.

A company that writes and publishes books for its clients has already seen big growth.

First, distinguish between the "must-have" features vs. those merely be "nice to have."

Balance functionality and design or risk drowning in the crowded marketplace.