🚀 What to build for your MVP?

3 tactics, 2 traps and 1 tool to get started with building MVPs

Hello founders!

Welcome back to ‘Tactical Tips’ by Jerel and Shuo at DECODE, where we cover one new idea to help you build and grow your startup – every week in <5 minutes!

This format is designed to better support you, founders, so that our board members and experienced operators can tackle your most pressing questions, even in between community events.

Today, we’ll be answering the question, “What to build for your minimal viable product?

If you're focused on building a minimal viable product to validate your idea and attract early users—then today’s newsletter is for you.

🔥 Inside this issue:
3 tactics on building MVPs
2 traps to avoid
1 tool to leverage 

👇Let’s dive in.

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3 tactics on building MVPs

🔨 Build less, learn more 

  • Start testing your most important assumption about how to solve the problem (e.g. customers are willing to pay double the price of X if it can be delivered 10x faster), and build the simplest product to test that assumption. 

  • Test assumptions with no product (e.g. mockup, landing page, video demo, crowdfunding), or simplified product (e.g. manual backend).

  • Minimize input (e.g. time, money) for maximize output (e.g. users, revenue, learning). Iterate quickly based on what’s unexpectedly hard or easy.

😍 Nail what your customers care about most

  • Integrate all insights from your tests and iterations into a fuller product.

  • Understand the user’s why, so you can prioritize ruthlessly—focus on building and launching features that matters most to your users.

  • Follow the framework of MoSCoW (Must have, Should have, Could have, Won't have)—and stick to "Must haves".

🪄Deliver ‘ah-ha’ moments

  • Design small but powerful interactions that help users see why your product is 10x better (e.g. faster, cheaper) than alternatives for your specific audience.

  • Consider these key questions:

    • How quickly can you get users to experience their first ‘ah-ha’ moment while using your product? 

    • How can you repeatedly delight users?

    • What would get users to rave about and share your product?

2 traps to avoid

🚨Falling in love with the solution

  • Don’t fall victim to sunk cost fallacy or your own assumptions of the solution.

  • Fall in love with the problem and learn from users’ actions and feedback.

🚨Writing code too soon

  • Do as much as you can manually even though vibe coding makes it easier to build than ever before. The less you build, the less to maintain.

  • Build when you need to scale and the task becomes recurring.

1 tool to leverage

Best practice for launching MVP quickly

  • Aim to launch your MVP within 2 weeks. Test iterations in 1-week cycles.

  • MVPs should not take longer than 2 months to build and launch.

  • When you’re ready for automations, leverage tools like Zapier.

Dive deeper

Watch Kevin Tan (Founder and CEO at Snackpass) share frameworks and strategies for making products people love, iterating effectively, and building MVPs.

Other resources to help you move forward

  • Want to receive startup feedback from execs at Microsoft, Google, Meta, Reddit, etc? Apply here to participate in Founders Pop-up Board Advisory (Free)

  • Need guidance on structuring your equity-based compensation plan? Schedule here for a consultation (Free).

  • Want to get your brand in front of our community? Fill this form and we’ll get in touch for details on our sponsorships.

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