Why Should You Develop an MVP?
Still on the fence about going MVP? Here’s the scoop (and yes, it’s ALL about saving your sanity, wallet, and precious time):
Faster Time-to-Market: Launch your product with just enough features to start learning.
Validated Learning: Nothing beats real, unfiltered customer feedback. MVPs give you the goods.
Cost-Effective: Why drop $100k (or more) fully developing the product when a scrappier version does the job?
Risk Reduction: MVPs help you bail early on ideas that won’t fly. No shame in pivoting!
Iterative Development: Build, measure, learn, repeat. Iterative development is at the heart of the MVP approach.
Early Investor Buy-In: Attract those elusive early investors by showing that people will actually use the product.
Market Validation: Real users, real feedback. Validate their product experience before the big launch.
Real-World MVP Win Stories:
Airbnb started by renting out their own apartment. Dropbox? A video demo. Twitter (aka “twttr”)? Literally just short messaging. Facebook? Only for Harvard students. ALL were MVPs that grew by listening, learning, building, and iterating.