Digile Innovation Magazine MVP: A Smart Way to Validate your Business Idea | Page 2

What is MVP? • Minimum Viable Product or MVP is a development method that tests a product/idea by developing it with sufficient features aiming to satisfy early adopters. • Its a concept popularised by Eric Ries, author of The Lean Startup. • To understand it further, imagine you are building a house. You may build it using straws and wood. • Your house has the essentials: roof, posts, walls, windows, and doors.