This video is pure gold, and encapsulates the core philosophy I write about regarding product development.

Launch fast, learn fast, iterate fast.

Don't spend a year planning and building - get something to the market fast, and start learning.

The faster you learn, the more likely you are to build something that people love before anyone else.

Tips for building an MVP:

1. Give yourself a deadline.
2. Write down your specific features.
3. After you write it down, cut out the features you don't need. Get the basic stuff out first.
4. Don't fall in love with your MVP. It will change over time - fall in love with your user instead.

Get those initial users, care about them, and work with them. If you solve their problems, you will build a great product.