After you have a better understanding of different business model concepts and monetization strategies, the next step is to develop a product whether it is software or hardware. A minimum viable product (MVP) is good enough to solve the core problem and simple enough to develop. To develop an MVP, a lean process, understanding of a product life cycle and cost exploration and optimization is necessary.
This program will guide you through the basic idea concept to full-scale production.
In this webinar, we will talk about:
Speaker: Michele Migliuolo, Executive Director, Center for Excellence in Entrepreneurship, Duquesne University
- Lean Methods
- Product Development Costs
- Product Life Cycle
- Product Improvement Approaches
- Growth Matrix
- A Real-Life Example: The BalloonWire