In this video, I briefly explain what you need to know before launching a product, product and service based businesses, the MVP, the value proposition, and some common product launch mistakes made by beginners in the industry.

Lean Startup link: https://a.co/d/cKVS0jP

00:22 Introduction
00:39 Product-based business
00:51 Service-based business
01:41 Scaling a business
02:36 Common Product Error 1
02:56 Common Product Error 2
05:06 The 3 W's – What, Who and Why
05:55 MVP – Minimally Viable Product
06:46 Benefits of MVP
08:00 Value proposition (VP) and unique selling proposition (USP)
10:22 Outro

WHO AM I:
I'm Vuyile, a YouTuber, social entrepreneur, and content creator based in Toronto, Canada. I create videos explaining business topics to beginners and sharing tools to help aspiring entrepreneurs get started on the right path. I post weekly, Mondays and Thursdays.

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