Minimum Viable Product is a development approach grounded in lean startup principles. Introduced by Eric Ries, it emphasizes learning through direct interaction with real users instead of relying on assumptions or internal opinions.
Lean Startup Foundation
At its core, MVP follows the Build → Measure → Learn feedback loop. This cycle represents a fundamental shift from traditional product development, moving from an Idea → MVP → Data → Idea process that prioritizes learning over building.
An MVP is not about cutting corners or building less. It is a focused version of a product that helps a team learn what works by testing with actual users. The goal is to validate key assumptions early, using the simplest version possible to gather meaningful insights.
Key Elements
Product Discovery: Understanding customer problems and needs before building solutions.
Hypothesis Formation: Creating testable assumptions about your value proposition, customers, channels, and relationships.
Backlog Management: Prioritizing features based on learning objectives rather than feature completeness.