In startups when we are a product company we usually create an MVP or minimum viable product to first test the feasibility of the app.
The term is coined in 2001 by Frank Robinson and later popularized by other startup founders. The idea behind MVP is
Reduce the time taken for the full App
Reduce the cost of development
MVP gives you the opportunity to explore your audience at a minimum cost in terms of money, team or time. It helps us to find product-market fit in a shorter period of time and work on the better version of the app.
Hopefully, this podcast increases your understanding of MVP and business, share if you love it.
Download now: Ep1 – What Is Minimum Viable Product? [Hindi Podcast]