What is an MVP?

An MVP refers to developing the most basic version of your product that still functions, similar to baking a simple cake to see if people enjoy the flavor before adding frosting and decorations. It is the most basic version of your product or service that is functional enough for people to use or test. An MVP lets you to collect feedback and learn from users early on by focusing on the basic capabilities, allowing you to discover what works and what needs improvement. It’s the same as releasing a basic version to see whether people enjoy it before adding all the bells and whistles.