M43 Lesson 5 Notes: Measuring a Minimal Viable Product

Owned by Ryan Vasso
Mar 07, 2023
1 min read

Return and Report 

Class Activity: Report back on MVP ideas

  1. Students share their MVP ideas 

  2. Students explain why they choose that idea over others 

  3.  

Section 1: Why measure an MVP

Class Discussion: Explain the importance of measuring an MVP

 

Section 2: How to Measure an MVP

Class Discussion: Explain how to measure an MVP’s results by keeping a Test Card: https://www.strategyzer.com/blog/posts/2015/3/5/validate-your-ideas-with-the-test-card


Class Activity: Class fills out a test card together for a hypothetical company or a student volunteer. 

 

Section 3: Create Your Own Test Card 

Breakout Activity

  1. Students separate in groups of 3

  2. Have each student share their MVP  

  3. Have all 3 students write down a Test Card for their idea 

  4. When everyone is done, each student shares their Test Card ideas 

  5. Repeat the process for every other student biz idea 

 

Homework: 

  • Launch the MVP and get a week’s worth of data (using their Test Card). 

  • Schedule a 1-on-1 mentor meeting 

  • Start creating a Pitch Deck