Productivity
The most basic version of a product that can be released with enough features to attract early customers and validate a product idea.
Minimum Viable Product
Glossary Term
Productivity
122
Total Glossary Terms
In our reference library
An MVP focuses on core functionality to solve a specific problem while minimizing development time and cost. It enables startups and teams to test hypotheses, gather user feedback early, and iterate based on real data rather than assumptions. This approach reduces the risk of building products nobody wants and helps conserve resources. The MVP concept is central to the Lean Startup methodology and has been instrumental in the success of many modern tech companies.
Concept Visualization
Real-World Examples
- 1Dropbox launched with a simple demo video before building the full product
- 2Airbnb started with air mattresses and a basic website
- 3Buffer launched as a two-page website to test demand before building the scheduling tool