![]() ![]() ![]() The minimum viable product is the way that agile teams and startups create, validate and evolve their products and businesses. Is your MVP plan ready? But, how do you decide the MVP? Important points when filling up the MVP Canvas Where and how did the concept of MVP come about?Īnd what does it mean to validate the MVP? How to find the balance between the minimum and the product? Some successful examples are Apple with the iPhone, Facebook, Spotify, Airbnb, Easy Taxi, and many other companies that started small, with their creators working that way, and won the world over time. The MVP concept has been responsible to the success story of thousands of entrepreneurs who have launched great products and great businesses. So, in other words, MVP represents a new way to create and evolve products, delivering only the minimum feasible, to validate the idea with users as quickly as possible and improve the product with the feedback received.īy delivering the minimum viable, it is possible to bring the product to market faster, minimize the expense of time and resources, and evolve the product based on the actual feedback from its users. Think big, start small, learn fast – this is the minimum viable product proposition. ![]() This concept emerged in Silicon Valley, a region that is home to many startups and technology companies and gained momentum after the publication of The Lean Startup book by author Eric Ries. ![]() MVP is the simplest version of a product that will be created and made available to users to validate an idea and collect essential data to validate the direction of the business. Only three letters that have a very important meaning to successful entrepreneurs. MVP is an abbreviation of Minimal Viable Product, a simple yet powerful concept that quickly validates if you are moving in thethe right direction in terms of making a product that people love. ![]()
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