The key questions for entrepreneurs setting out to create a business are "Should this product/service be built?" and "Can we build a sustainable business around this set of products/services?"Once you have answered these questions (through Design thinking, Business Modeling and Customer Development), the next question is often "How can this product be built?"The first step towards implementation is developing a prototype or a Minimum Viable Product (MVP). However, this is often a big challenge for many entrepreneurs. As an entrepreneur,
- you need to understand the differences between proof of concept, functional prototype, and MVP.
- you need to know what does a prototype means in the context of your startup.
- you need to know if your team has the comprehensive skill set required to implement the product/service.
- you need to find resources which can help you develop and iterate on your product development/service rollout.
In this workshop, we will help you to better understand the process of implementation of your startup by addressing these issues. We will provide you pointers to resources to help you build your prototype rapidly and be able to fast iterate on them.
Facilitator: Derrol Salmon
Derrol has spent 20+ years in the technology industry in various roles ranging from electronics engineering, software development, product management and business systems analysis. His current venture is NewMakeIt; a collaborative space in Newmarket that enables members of the local community get a start in innovative, creative and entrepreneurial endeavors. Derrol is an aspiring community builder and speaker and loves to contribute to discussions around entrepreneurship, innovation and creativity.