MVP for Startups: What is a Minimum Viable Product?

What is MVP?

MVP (Minimum Viable Product) is the first version of your product containing only its core features. The goal is to enter the market with minimum resources and collect real user feedback.

Why is MVP Important?

• Reduces risk: Tests the idea without large investment
• Quick market entry: Product ready in weeks, not months
• User feedback: Learn from real customers to improve
• Attract investors: Working MVP is ideal for demonstrations

How to Create an MVP?

1. Define the problem: What problem are you solving?
2. Select core features: Only the most important 3-5 features
3. Create prototype: Build wireframes with UX/UI design
4. Develop: Build as web app or mobile app
5. Test: Test with early users
6. Iterate: Improve based on feedback

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