Steve Blank An MVP is not a Cheaper Product, It’s about Smart Learning

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A minimum viable product (MVP) is not always a smaller/cheaper version of your final product. Defining the goal for a MVP can save you tons of time, money and grief. Drones over the Heartland I ran into a small startup at Stanford who wants to fly Unmanned Aerial Vehicles (drones) with a Hyper-spectral camera over farm fields to collect hyper-spectral images. These images would be able to tell farmers how healthy their plants were, whether there were diseases or bugs, whether there was enough fertilizer, and enough water. (The camera has enough resolution to see individual plants.) Knowing this means farms can make better forecasts of how much their fields will produce, whether they should treat specific areas for pests, and put fertilizer and water only where it was needed. (Drones were better than satellites because of higher resolution and the potential for making more passes over the fields, and better than airplanes because of lower cost.) All of this information would help farmer

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Steve Blank An MVP is not a Cheaper Product, It’s about Smart Learning

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