What is an MVP (Minimum Viable Product)?
An MVP is a simplified version of a product with just enough features to satisfy early adopters and gather validated feedback for future development.
Table of Contents
Full Definition
The MVP approach prioritizes building the core features necessary to test market assumptions quickly.
It enables entrepreneurs to learn from real user behavior and iterate accordingly.
This method reduces time to market, lowers development costs, and helps avoid building unnecessary features.
Examples
Core functionality only
Focus on early adopters
Collects user feedback
Benefits
Speeds up product launch
Reduces development risks
Validates market demand
Common Mistakes
May lack polish or features
Initial user experience can be rough
Conclusion
Launching an MVP is a pragmatic strategy to test ideas and pivot efficiently in the early stages.