Probably every startup founder has heard about MVP (Minimum Viable Product). Still, there are many misconceptions associated with it. Let’s fight the common MVP misunderstandings once and for all. Keep on reading! 1. MVP Is Only a Sports Term We are not here to discuss basketball. Better to mention that at the beginning. 😀 In the startup world, . from early adopters. MVP stands for Minimum Viable Product MVP is a first version of a software product that is developed and launched in a fast manner to receive feedback 2. You Must Include All Necessary Features in Your MVP . At the beginning of the development process, you and your development team/agency should decide which features will give the best value to your users. Building MVP is not about developing all the necessary features. It’s about delivering key ones These features should also help you stand out from the competition. Choose only a few – too many will unnecessarily drag the development process. 3. MVP Is Just a Basic Version of Your Product That You Can Sweep Under the Carpet Later No, . After the launch, you should keep on developing the product according to users' feedback and analytics data. I . MVP should be a cornerstone of your solution t means that during the first stages of MVP development, you have to make crucial long-term decisions For example, in the case of a mobile app, you have to decide if you build a native or a hybrid solution (one app for Google Play and AppStore). 4. Building MVP Is All About the Change Change is understandable in innovations. You probably know the that were a key reason for the success of YouTube, Twitter, and Instagram. However, . famous pivots you should respect your MVP plan. In the beginning, you establish the key features you want to build If you feel like changing the plan during the process, support your decision with strong arguments. Why bother to create any plan at the beginning if we assume everything can change? 5. You Start a Marketing Campaign After the MVP Launch Although MVP is a direct way to get users, . So when you launch the product, you have leads that you can inform about the product release. you should build your potential users' group long before the launch Just when you decide to build the MVP, build a dedicated landing page teasing your solution. Don’t forget to include an email form, so people who are interested in your solution could sign up for notifications. You should also promote your solution on Facebook, Reddit, and Discord communities which gather your potential users. Building a product without marketing activities will decrease your chances of success. Product development and marketing have to happen simultaneously. 6. MVP Should Be Perfect Last but not least… I believe that nothing is perfect. . There is a big chance someone already launched a similar product. Yet, if you consider your MVP perfect, then it is probably too late to launch it Even though their solution wasn’t perfect, they already started to attract your potential users... Also, remember that it is your subjective opinion that MVP is perfect. You should verify it with users. Do You Want to Know More About Building MVPs? ! Grab this ultimate free ebook about MVP development Unlock the secrets of successful product development with our free ebook on MVP. Learn from the experts and avoid costly mistakes.

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