Skill
Minimum Viable Product (MVP)
Business and Management
A Minimum Viable Product is the simplest version of a new product that includes just enough features to be usable by early adopters and to validate a business hypothesis with minimal development effort. The concept, central to Lean Startup methodology popularized by Eric Ries, is used by entrepreneurs and product managers to gather real user feedback quickly before investing in a fully-featured build. It helps teams test market demand and iterate based on data rather than assumptions.
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