What is Minimum Viable Product (MVP)?

Description

A minimum viable product (MVP) is always the first version of a product with only the “core and most useful features” meant for early adaptors. MVP Development is low cost, low risk, quick and it works!

Common Myths around Minimum Viable Products: An MVP is often confused with a Prototype, Proof of Concept, Test Product, and even with wireframes or Blueprint, and that is a wrong understanding. An MVP is a commercial product that users can actually use (and often pay for) and is not at all an “Prototype or Proof of concept” for internal testing.

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