Entrepreneur · MVP Development

Fix Price MVP as a service for entrepreneurs?

Grigory Orlov Cofounder & CEO

May 28th, 2019

We want to anounce this kind of service.What dou you think about it?


Is it a good idea or only entrepreneurs can create MVP by themselves?


Maybe this service can work like "technical co-founder"?


Maybe founders need help in Proof of concept (PoC)? And technical quaestions is the second one...

Clifford Friedland Co-Founder Chief Strategy Officer

May 30th, 2019

Grigory,

It seems you are appealing to the non technical entrepreneur who needs to build an MVP but doesn't have the skill sets to do it on or is to early to attract a co-founder MVP. The non technical entrepreneur in particular, needs to spend many hours, days or months interviewing potential customers to determine what are their pain points. It is not necessary to come up with a particular idea but to hypothesize on a potential problem for a big market. Even better, start with a big market you are interested in with no idea of what you want to do. Then go ahead and do a deep dive into the big market customers and discover their pain points by asking questions.


When you get enough feedback from these customer interviews that identifies a eureka moment, and you are convinced you can solve a problem that will attract a big piece of the billion dollar market, start putting your ideas down using a business model canvass.

Define your Value Proposition, problem you are solving and potential solution, figure out the potential partners, market distribution, etc. take that to a tech company and see if they can first create a wireframe, then a visual wireframe that you can play out like an app demonstration.


Now is the time to go re-verify your idea with some of the customers who you interviewed during the customer discovery phase. Once you're satisfied that you are on to something, write a business plan and raise enough capital to at least create an MVP. Better yet, if you are somewhat self sufficient and you have at least $25k to spend, you should be able to hire a dev consulting firm to build out your MVP. By doing this you will save a lot of equity. Once your MVP is completed, you need to test it. At this point, you may need to raise $50k to do a test with real customers and collect enough surveys to show you have product/market fit. The $50k you can raise from friends and family and I suggest you do it as a SAFE (Simple Agreement for Future Equity) or Convertible Equity. Clearly, as a non technical founder, you need to add extra value, prove product market/fit, have communications and fund-raising skills and overall management skills. If you follow these steps, there will come a point in time where you will be able to attract a technical co-founder. Remember, technical co-founders are rare breeds, in high demand and they know it.



Clay Nichols Launched 2 successful startups. Now I help others.

May 28th, 2019

What would the entrepreneur provide?

What would you deliver?

Dima Prischepov Team Lead, Project Manager

May 29th, 2019

The MVP's would be in all sorts of types. It would be a desktop app with minimal functionality. It could also be a web page, or a single landing page. Sometimes it could be a machine, tool or some kind of physical object.

So how are you gonna choose a certain range of MVP types?

Marsh Sutherland Seeking co-founding CTO & Designer for StopCreeps.com

May 31st, 2019

Heck yeah!! Sign me up!!

Curt Sahakian Attorney

Last updated on May 28th, 2019

Sure, it's like an outsourced technical partner if you work it right. Probably best if the compensation is a mix of money and equity.

  • Money keeps the relationship honest. And serves to protect you from delusionals wasting their time and your time on stupid projects that are so stupid they can't or won't dedicated any real money to it.
  • Equity adds something intangible to the relationship. And neutralizes the venture from criticisms about lacking a complete team or lacking internal technical competence.

Gabriel Cornejo

May 28th, 2019

I know that as a non-technical founder, part of the pain that I experienced was finding those that could help bring my idea to fruition, if only in MVP form, so this would have been great to have as a service. If there was an organization with a record of doing so, it would be very confidence inspiring.

Steve Lehman Investor, Entrepreneur

May 28th, 2019

Not a great idea. This is like getting someone to do your homework. The learning process of defining and refining an MVP is important and valuable. It's OK to have mentors and coaches help you along the way, but don't short-cut the process.