This guide will help you identify the core features of your product, enabling you to avoid wasting time and money.
Many of you probably know that one of the most crucial steps in running a successful startup company is to define the right minimum viable product, simply known as MVP. Developing an MVP even after conducting initial market tests can be challenging, as the version of your product is essentially an unvalidated hypothesis. It's common for developers to waste time and resources on MVPs that are not well-defined.
The question you must answer before you move on to the next step is ‘What is the single thing that your product absolutely must do to fulfill its promises?’ For instance, if your goal is to create a trustworthy and efficient communication platform, you might say that your product must deliver seamless and secure communication between users without compromising privacy or data integrity. 5.
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