Launching Too Little Too Late
“If you’re not embarrassed by the first version of your product, you’ve launched too late.” – Reid Hoffman
On the contrary of the popular statement Too Little Too Late, launching an MVP with too much may be too late. Reid Hoffman, the co-founder of LinkedIn stated “If you’re not embarrassed by the first version of your product, you’ve launched too late.”
So what does that really mean? The way we’ve interpreted this is go lean, launch, and let the market provide you with insights in terms of what should or shouldn’t be added to the product. We create metrics that align with goals and objectives to ensure that decisions are data driven rather than “I thinks, I like so therefore, etc.”.
Many times as an entrepreneur you hold onto your idea and are afraid to share it in fear that others may steal it (but hey, if others want to steal it then you may be onto something great).