The MVP is the minimum version of a new product and includes the basic features required to satisfy the clients’ needs. It allows a company or team to collect the highest amount of validated information thanks to its fast adaptability to improve the product as soon as possible, with the goal of launching it to a broader audience, with better functionality and an optimal design.
At this point, it’s crucial to highlight basic terms. It’s common to want to start with a product’s MVP, while still lacking a clear idea of that imagined product or with a very vague or misguided idea that doesn’t consider all stakeholders.