People talk a lot about “business models” and “value propositions” these days. No-one understand what that means better than Dr Yves Pigneur.
So… Who is Yves Pigneur?
A museum website contains a vast amount of detailed information, from previews of collections and exhibits, to visitor guides, research, and donor lists. Content must be structured in a logical fashion so that users can find what they need without a clunky or overwhelming site design. Important information has to be accessible and not hidden in the recesses of the site.
Our preferred approach to charging for software development is to charge based on the time we spend. We sell our time in blocks of hours and carefully spend that time working with you to establish, feature by feature, what you actually need to include in your site.
There are lots of reasons why a client might prefer a fixed-price, fixed-scope project. The biggest one is there’s a feeling of security when you set out to buy something and you know exactly what that something is, and how much it will cost.
Founded in 2009, Wealthfront is a lean startup that lets regular investors have access to highly skilled investment managers. The company currently manages over 200 million US dollars in investments. Additionally, the business successfully meets all the complex regulations required to operate in this domain.
Co-founded in 2004 by Eric Ries (the author of The Lean Startup and creator of the concept), IMVU was one of the first successful lean startups. It is a large virtual 3D chat environment where you can dress up an avatar, create a home page for it, and talk with new people online. The original product the company made did not contain these features, however. The product evolved through the lean startup process to become what it is today.
Minimum Viable Product is a term that is often used in business and marketing but it is not usually clearly defined because it's not that easy to "get". When you understand how powerful the idea is, you'll understand why minimum viable product matters.