For my Excellent-Preneurs: Lean Start Up

Ever have an idea (of course you have!)? I encourage you to think about bringing your idea to life: Choose an MVP (Minimum Viable Product). Your MVP is a model, a replica, a visual simulation of your idea that can be tested quickly, at a low-cost. MVP’s grant us valuable feedback as to whether we should pursue our venture, based on customer buy-in. Note, that I said “should,” not “can.” The question is not: “can I pursue this,” as is often tested via cost-benefit analysis. While cost-benefit is helpful, it is theoretical in the start-up stage and does not capture the product’s value to customers. Enter the MVP…The Lean Startup | Methodology http://ow.ly/JWkJm

Mama secret today: Check your local SBA (Small Business Administration) for your nearest Women’s Business Center or Small Business Development Center. Many offer low-cost consulting, business planning courses and a network of talented business owners.

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