Online Business Models
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Online Business Models
Web-Based Business Strategies and Monetization Models
Curated by Robin Good
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Minimum Viable Product: Seven Real-World Examples

Minimum Viable Product: Seven Real-World Examples | Online Business Models | Scoop.it

You don’t want to waste your time and money building a product no one will want to use or pay for. So, first get out of the building and talk to your customers. But there’s a world of difference between talk and action.

Robin Good's insight:


To build a new business online, it may prove quite effective to develop minimum viable products of the services your community is asking for, before moving all of your resources and money to build a full-featured and complete version.


Vladimir Blagojevic has curated a selection of seven useful minimum viable products that have been already created, as to provide an inspirational reference to anyone wanting to embark on the same journey.


"A minimum viable product is “that product which has just those features and no more that allows you to ship a product that early adopters see and, at least some of whom resonate with, pay you money for, and start to give you feedback on”.


For each one he has provided a good description of the real-world example, a screenshot and good story-description of how the minimum viabe product was put together.


Resourceful. Instructive. 8/10


Full guide: http://scalemybusiness.com/the-ultimate-guide-to-minimum-viable-products/ 



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Russell Holcombe, CFP, MTx's curator insight, November 16, 2013 12:48 PM

Great article on testing new ideas in business.

Jason Holman's curator insight, December 29, 2013 8:16 PM

good examples to live lean

Oliver Durrer's curator insight, October 22, 2014 2:22 PM

The notion of "MVP" or "Minimum Viable Product" is a key element of Eric Ries' book The Lean Startup. The idea is to test an MVP with early adopters to reach product-market fit as quickly as possible through real customer feedback and validation of underlying growth and value hypotheses. Avoiding to waste time and resources on developing a product that nobody wants. Still - very surprisingly to me - the number one reason for Startup failure, according to this source: http://sco.lt/8gFEh7

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The Business Model Gallery: Best World Examples To Be Inspired From

The Business Model Gallery: Best World Examples To Be Inspired From | Online Business Models | Scoop.it
Robin Good's insight:


The Business Model Gallery is a growing database of curated business models canvases gathered from a diverse set of companies operating in different sectors.


For each company you can analyze its updated "business canvas" in which you can see at a glance the key value propositions, its partners, revenue streams and all of the other key business building blocks.


Business models can be easily searched, filtered and compared across specific building blocks you are interested in. 


Coming up are also a PDF and PowerPoint export option as well as a dedicated iPad app.


A free trial is available and pro plans start at $9/month and go up all the way to $29/mo according to the number of features you want to use.


My comment: The Business Model Gallery offers a truly excellent gallery of valuable business models which can be extremely useful for anyone studying, researching or working on creating a successful new company.


Furthermore this is a great living example of how, curated collections of best of breed examples, are going to have a go as very useful business services in the coming months and years.



Free for the first three months: http://businessmodelgallery.com/ 


Features: http://businessmodelgallery.com/features/ 


Pricing: http://businessmodelgallery.com/packages/ 


To learn more about the canvas and its 9 building blocks, visit www.businessmodelgeneration.com



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Farid Mheir's curator insight, September 6, 2013 10:00 AM

I've been using business model tool for years now. This gallery is truly amazing and I believe will be very useful for business architects and managers as they define their own corporate strategy because they will be able to easily compare with what others are doing.

Paul Hobcraft's curator insight, October 23, 2013 3:54 AM

Well worth exploring this site