How does an MVP benefit your business?
Firstly, it helps them avoid wasting time working on a product efficiently and then realizing… no one really wants the product.
Other benefits include:
1- Helping you onboard potential investors
2- Making it easier to test business concepts and models
3- Helping you develop a monetization strategy
4- Improving your business’ cost efficiency.
So, the main goal of an MVP is to collect knowledge and validate assumptions in your business model.
Watch the full video to learn more about MVP and it’s benefits and dive into the full lesson on our Hub to get the whole process propely executed.