Startup MVP

1. Quick Market Entry: The MVP allows the company to enter the market faster and start its business operations.

2. Cost Minimization: Initially, an MVP requires lower development costs, thus not overburdening the company’s finances.

3. Real Feedback: The MVP enables real feedback from customers and users, which helps refine and develop the product.

4. Risk Management: The MVP helps minimize risk since the initial investment is smaller and includes only the most essential features.

5. Learning and Iteration: The MVP allows for learning during actual use and provides opportunities for iterative development.

6. Business Model Validation: The MVP helps verify whether the business model is viable in reality.

7. Time Saving: The MVP allows the company to avoid wasting time on unnecessary features and reach market experiences faster.

8. Competitiveness: Faster market entry creates opportunities to get ahead of competitors and make the first moves.

9. Funding: The MVP can be presented to investors who can more easily see its value and are willing to fund further developments.

10. User-Centricity: The MVP helps better understand customer needs and design the product with a focus on the user.

Thus, the MVP approach helps startups launch and grow more effectively,
minimizing risks and optimizing investments.