tech
MVP (Minimum Viable Product)
The smallest version of a product that delivers value and lets you learn from real users.
Definition
An MVP (Minimum Viable Product) is the simplest version of a product that lets you test the core value proposition with real users and learn from their response. Popularized by The Lean Startup. The principle: stop guessing what the market wants, ship something minimal, see what happens, iterate. Common misuse: 'MVP' as an excuse to ship broken product. The 'V' in MVP is Viable - it has to actually work and deliver value, just narrowly.
In your business
- →MVP must be Viable - actually deliver value, even narrowly
- →Define what you're learning before building - an MVP that doesn't answer a question is just a small product
- →Iterate based on user behavior, not user opinions - what they do beats what they say