Discover how to build a Minimum Viable Product (MVP) that helps startups validate ideas, save costs, and reduce risk.
Learn what an MVP really is, how it differs from a prototype, and get a proven step-by-step MVP development process with real examples.
Why MVP Matters in the Startup World
Launching a new product is a high-stakes game. According to CB Insights, 42% of startups fail because there’s no market need. This alarming figure underscores the importance of validating your idea before investing heavily in development. That’s where the concept of an MVP — Minimum Viable Product — becomes essential.
An MVP allows startups to launch a version of their product that is just good enough to solve a core problem and gain early feedback. Done right, an MVP minimizes waste, uncovers real market insights, and informs future development.