The role of a product manager is absolutely critical to the development of a good product. While it is essential for them to work with their team like a well-oiled machine, it is also essential that a product manager be able to strategise and plan the product itself
We at Innovify understand how difficult it may be to do both simultaneously. We believe in a great team that supports you throughout the journey, and we are here to do just that! With Innovify you get the exposure of experienced product managers & architects who have experience in enterprises and growth startups.
The Minimum Viable Product (MVP) is a product which has just enough functionality to validate the underlying assumptions, test and learn about the target market and plan for the next evolutionary functionality for its continued development. Incidentally, most founders confuse the MVP with either a prototype or a full-blown product and fail to find the right balance between the two.
Many of you may know what a minimum viable product (MVP) is. It’s a powerful basic model that explains what your product does and why prospects should buy it. So in a way, MVP teaches you how to build good, sustainable products.
There are about 47,000 digital startups in the UK alone. How many out of them do you think really succeed? Not even 50%, yes you read it right…NOT EVEN 50%! And possibly less than 10% will survive beyond the fifth year and achieve the exponential growth that everyone dreams of.
Having an idea is not enough and before you begin your startup journey, you need to have answers for some of the most fundamental questions about your idea