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Minimum viable product

What is a minimum viable product?

A Minimum Viable Product (MVP) is a product with just enough features to satisfy early customers and provide feedback for future product development. It's the simplest version of your product that still delivers your core value proposition, allowing you to test your business hypothesis with the least amount of resources.

The concept of the MVP is central to the Lean Startup methodology and helps prevent businesses from investing too much time and money into building a product before knowing if there's a market for it. With an MVP, you create a basic product, bring it to market, and then iterate based on the feedback you get. This allows for faster and more efficient product development cycles, ensuring you're continually adapting and improving to meet your customers' needs.

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