Entrepreneurship & Startup → Startup Foundations → Lean Startup → MVP definition

Overview

A Minimum Viable Product (MVP) is the simplest version of a product that allows you to test your business idea with real users. It includes only the essential features needed to gather feedback and learn what customers really want. By starting with an MVP, you can save time and resources while making informed decisions about your startup's future.

📚 Key Learning Objectives

  • Define what an MVP is in your own words.
  • Identify the key features needed for your MVP.
  • Create a simple plan to develop your MVP.
  • Gather feedback from users after MVP launch.
  • Analyze user feedback to improve your product.