<ul><li>When creating a new product, it's important to understand the base first.</li><li>Finding the idea is the first stage, it is essential to evaluate the idea first before investing your time and resources.</li><li>MVP formation follows finding and testing the idea.</li><li>Creating a business model is the primary objective in MVP formation.</li><li>Analyzing your competition is useful in MVP formation as well.</li><li>Finding and talking to potential users will help you understand your target audience and what problems they really care about.</li><li>Deep diving and analyzing competitors can help create strategies that can help improve your product.</li><li>Updating the user card will make sure your product addresses related issues for potential users.</li><li>Your business model should be able to answer questions regarding areas of potential business.</li></ul>

The Process Of Creating A New IT Product — Chapter 1

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