The Minimum Viable Product, explained.
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What an MVP really is and how you can benefit from it.The term MVP was coined and defined by Frank Robinson and popularized by Steve Blank and Eric Ries. A popular definition is the following:“… the minimum viable product (MVP) is a product with just enough features to satisfy early customers, and to provide feedback for future development…”If you analyse this definition, you will see three major components there:1. An MVP provides ‘Just enough features’Assuming you have a product backlog — a list of all the features you want to build in your product — you have to decide the order to build them and when to release your product. The idea is to prioritize the features and release a smaller instance of my product, faster. But what would be the criteria for the prioritization? And how many of the top (...)
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