Premiersoft Blog

MVP: What It Is and How to Build Yours

· Premiersoft

01 / 08

What is an MVP?

An MVP is the smallest product capable of answering a business question: do people want this, and will they use it? It does not need to have every feature. It needs to have the…

02 / 08

What is an MVP for?

An MVP helps validate an opportunity with evidence before committing budget, a team, and time. Instead of spending months building a complete product only to find out whether…

03 / 08

What is the difference between an MVP, a prototype, and a proof of concept?

The three terms are often used interchangeably, and there is no formal distinction that everyone agrees on. In practice, we use the distinction below, which is the most useful…

04 / 08

How do you build an MVP, step by step?

Every project is different, but a well-executed MVP usually involves these seven steps:

05 / 08

How do you decide what goes into the MVP?

The most useful rule is to ask, for each feature: without this, can I test the hypothesis? If the answer is yes, the feature stays out. If the answer is no, it goes in.

06 / 08

What are the most common mistakes?

Turning the MVP into the complete 1.0 version. The scope grows with every meeting, and user testing never happens. Keep it in check with a defined, prioritized scope from the…

07 / 08

How long does it take to build an MVP?

It depends on the scope, integrations, and team size. The starting point is a small, well-defined scope: the clearer the boundaries of the primary journey, the shorter the…

08 / 08

When should you get help building an MVP?

You can build the MVP with your in-house team, hire a software development company, or run an MVP sprint. The choice depends on three questions:

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