TheRodinhoods

MVP , Minimum Viable Product

Hello everyone !

I have a small start up which is currently in it’s toddler phase. I have heard a lot of people talking about an MVP. I have an idea about the MVP concept most of which i have gathered from online resources. As more and more people today are taking the entrepreneurial route , the number of people providing consulting services ( paid ) to these start ups have also increased. As such , free flow of knowledge and learning from them is difficult to obtain and inaccessible.

In the simplest of terms what i understand from an MVP is an approach to make a prototype of your product in the simplest of ways integrating the basic functionalities. 

I would like to ask the family of fellow Rodinhooders here , am i approaching in the right direction ?

Also , i would like to ask you to list out the advantages of following this approach !

P.S – i really avoid MANAGEMENT JARGONS , trying to understand things in the simplest of way is the key i believe.

Waiting to hear what you have to say. 

Thanks in advance !