Techno_3 One-day Validation Flashcards

1
Q

It is a rapid approach to testing and validating new ideas within a single day. It helps determine feasibility, desirability, and viability quickly.

A

ONE-DAY VALIDATION

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2
Q

The process of testing whether an idea, product, or service meets market needs and expectations.

A

Validation

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3
Q

The introduction of new ideas, methods, or products that improve existing solutions.

A

Innovation

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4
Q

A simple version of a product with just enough features to attract early adopters and gather feedback.

A

Minimum Viable Product (MVP)

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5
Q

A basic working model of an idea, often used for testing and refinement.

A

Prototype

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6
Q

A strategy that prioritizes rapid experimentation over longterm planning to develop successful products.

A

Lean Startup Methodology

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7
Q

A significant change in product direction based on user feedback.

A

Pivot

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8
Q

The process of determining if there is a real demand for an idea before full-scale development.

A

Market Validation

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9
Q

What are the Key steps in 1-Day Validation

A
  1. Indetify the problem & hypothesis
  2. Create a simple prototype or MVP
  3. Engage with real users
  4. Analyze Results
  5. Pivot if necessary
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