Lesson 1
What an MVP Actually Is
Lesson Objective
Understand that an MVP is the smallest product that solves the core problem, not just a 'cheap' version.
Definition
MVP stands for Minimum Viable Product. It is the smallest useful version of a product that allows you to collect the maximum amount of validated learning about customers with the least effort.
The smallest product that solves the core problem.
The MVP Must:
Solve one specific problem, serve one user group, and contain only minimal features required to achieve the core action.
Exercise: Define Your MVP
Describe your MVP in one sentence focus on the core problem it solves.