In his book “The Lean Startup” Eric Reis describes the concept of the minimum viable product (MVP) as the version of a new product “which allows a team to collect the maximum amount of validated learning about customers with the least effort.” In other words, building and releasing a MVP means you release just enough […]
The concept of an MVP — Minimum Viable Product — has been instrumental in helping millions of entrepreneurs launch great companies, save lots of money and avoid scope creep that kills companies that stay in prolonged ‘stealth’ mode. However, this has also resulted in a ton of poor products that have ended in the ‘startup graveyard’. I […]
