How to define a MVP

How to define a Minimum Viable Product (MVP)

A minimum viable product (MVP) is a product with just enough features to satisfy early customers, and to provide feedback for future product development.

 

We really recommend this article describing best ways to setup a MVP: https://medium.com/swlh/from-a-problem-to-a-well-defined-mvp-in-8-steps-88efa12c1345

The main takeaways are:

  1. Start by framing the problem
    Start by describing the ideal situation versus the current one, and how certain users are impacted by this gap
  2. Identify your users
    Make sure you know who you are solving for
  3. Understand your users
    Identifying your users is different from understanding your users. You need to apply empathy, study your users and deeply understand their profiles, habits and needs
  4. Validate the problem
    Validate your problem with your key stakeholders?—?including your customers or end-users
  5. Ideate on potential solutions
    Ideas on how to solve the problem and provide value to your customers
  6. Define your ‘full Product’
    Your ‘full product’ backlog should have all the features you can think of, reflecting the needs of all users identified so far; and all in the form of solid user stories
  7. Define your MVP — the Minimum Viable Product
    To find this minimum subset, analyse carefully each User Story — in terms of value to the user, the importance in solving the problem and also in terms of cost and feasibility

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