Minimum Viable Product Approach for Setting Up an Airbnb Space in the Philippines

If you're setting up an Airbnb space in the Philippines, the minimum viable product (MVP) approach can be a great way to get started quickly and cheaply. MVP is a concept from product development that focuses on creating a basic product with just the essential features that customers need.

What defines a MVP approach for setting up an Airbnb space in the Philippines?

• Focus on the essentials. Don't try to do too much at once. Start by focusing on the essential features that guests need, such as a comfortable bed, clean sheets, and towels. You can add more amenities later as you become more established.
• Start with what you've got. Check out the stuff you already have in your place and consider reusing it. This might mean using your existing furniture, decorations, and appliances. If you've already invested in good-quality items like a bed, dining set, or couch because you've lived in the condo unit, using them can help you save money when setting up your Airbnb.
• Add charm creatively. There are plenty of ways to add personality and charm to your Airbnb space without breaking the bank. For instance, we chose to hang up some artwork we've collected but haven't displayed, leave out books we've finished reading, and provide board games for guests to enjoy.

The MVP approach helps you earn money faster and gather guest feedback for ongoing improvements. For example, I rented a parking space after my first guests requested it. When one guest suggested a dish rack, we added it. Another asked for a shower curtain, so we got a shower door. And when someone mentioned wanting indoor slippers, we provided them for future guests.

Here are the key steps to follow for a minimum viable Airbnb space in the Philippines:

1. Define your vibe. What kind of experience do you want to offer your guests? Are you going for a cozy and homey vibe, a stylish and modern vibe, or something else entirely? Once you know your vibe, you can start to make decisions about the furniture, decor, and other features of your space.
2. Preserve valuable features. Take a look at your existing space and identify any features that you can keep and incorporate into your Airbnb space. This could include furniture pieces, fixtures, or decor that are in good condition and match your vibe.
3. Address essential fixes and upgrades. Make sure that your space is safe and clean for guests. This means addressing any major repairs or upgrades that need to be done. For example, you may need to replace cracked tiles or reseal the sink.
4. Add a personal touch. What makes your space unique? What can you do to make guests feel welcome and at home? Add some personal touches to your space, such as artwork, books, board games, or a ukulele, for guests to enjoy.
5. Get feedback from guests. Once you've had a few guests, ask them for feedback on your space. What did they like? What didn't they like? This feedback can help you improve your space over time.

Here are some additional tips for creating a minimum viable Airbnb space in the Philippines:

• Prioritize essentials over luxury amenities like a comfortable bed and clean linens.
• Make use of your existing resources, such as furniture and decor.
• Be budget-conscious by shopping at thrift stores or online for affordable furnishings and considering DIY upgrades, such as painting the walls or changing the light fixtures.
• Make sure your space is well-lit and has plenty of natural ventilation. This is especially important in hot and humid climates like the Philippines.
• Get feedback from friends and family to see what they think of your space.

By following these tips, you can create a minimum viable Airbnb space in the Philippines that is both affordable and inviting.

Once you start earning revenue, you can gradually invest in additional amenities and upgrades to make your space even more appealing to guests.

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