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              Printable Handouts
Navigable Slide Index
- Introduction
 - About the presenter
 - Series introduction
 - Series topics
 - Perspectives
 - Traits of an entrepreneur or intrapreneur
 - MVP
 - Disruption
 - Disruption types
 - Disruption examples
 - Where do product ideas come from?
 - Technology brokering examples
 - New product types
 - From PCS to MVP design
 - An MVP spec includes…
 
This material is restricted to subscribers.
Topics Covered
- Entrepreneur
 - Intrapreneur
 - Traits of an entrepreneur and an intrapreneur
 - Disruption
 - Technology brokering
 
Links
Series:
Categories:
External Links
Talk Citation
Addison, E. (2024, July 31). Minimum viable product [Video file]. In The Business & Management Collection, Henry Stewart Talks. Retrieved November 4, 2025, from https://doi.org/10.69645/HVMF5650.Export Citation (RIS)
Publication History
- Published on July 31, 2024
 
Other Talks in the Series: Key Concepts: Managing New Product Launches
Transcript
Please wait while the transcript is being prepared...
      
      
        
                  0:00
                
                
                  
                    Hello, I'm Ed Addison.
                  
                    I'm with NC State University's
Department of Engineering.
                  
                    And I have spent
a number of years
                  
                    teaching both engineering
and business.
                  
                    This program is about managing
new product launches.
                  
                
              
                  0:16
                
                
                  
                    Once again, I'm Ed Addison.
                  
                    Feel free to link up
with me on LinkedIn.
                  
                    My address is shown here.
                  
                    I'm a Serial Entrepreneur and
                  
                    an Adjunct Professor and
                  
                    I've been doing
this for 30 years.
                  
                
              
                  0:29
                
                
                  
                    Do you want to learn
                  
                    how to launch a new
product either as
                  
                    an entrepreneur
starting a company
                  
                    or as a product
manager for a firm?
                  
                    This series of short videos
will help you do this.
                  
                
              
                  0:42
                
                
                  
                    We cover 10 topics
in this series.
                  
                    Today's topic is what we call
                  
                    the Minimum Viable Product,
                  
                    from here we'll go to
                  
                    Product Market
Positioning and then
                  
                    go through the 10 topics
that you see on this chart.
                  
                
              
                  0:57
                
                
                  
                    In this short course,
                  
                    we cover two perspectives:
                  
                    the perspectives of
                  
                    the entrepreneur and
the intrapreneur.
                  
                    An entrepreneur, everyone knows,
                  
                    is someone who starts a new
company to launch a new product,
                  
                    whereas an intrapreneur
is a word that
                  
                    I use to describe a
product manager or
                  
                    a person who works
for a larger company
                  
                    that wants to introduce a new
product for their employer.
                  
                    You can wear either
hat you want.
                  
                    In this course, the
material applies to both.
                  
                
              
                  1:27
                
                
                  
                    Entrepreneurs have
some traits in common.
                  
                    They tend to be very tenacious
and passionate people
                  
                    with a high tolerance
for ambiguity.
                  
                    They have great vision
                  
                    and a lot of self-belief.
                  
                    Tremendous flexibility.
                  
                    They deal with uncertainty well.
                  
                    They often break the rules.
                  
                    These are learned traits so
                  
                    anyone can be an entrepreneur
                  
                    or an intrapreneur and
                  
                    not everyone has all
of these traits.
                  
                    But it's interesting
to note that
                  
                    these people who do
this kind of work
                  
                    tend to have these
kinds of traits.