What's the best MVP (minimum viable product) development strategy for startup founders?

Question

Ashit Vora · Accepted Answer

Best MVP Development Strategy is to NOT build the product at all.

Rather, first create a community of people who can be your potential customers.
Engage with them. Understand what they really want and then build the product.

Benefit:
- You will build a product that customer wants rather than based on your assumptions.
- When you launch the product, you will have the customers waiting for it already.

Niveditha Patluri · Answer

Great question! Instead of relying on traditional methods with long turnaround times, we've introduced a new way for founders to redefine their MVP development strategy with Helix. Building a successful MVP is no small feat, and after nearly a year of working closely with founders, we've identified a common challenge: uncertainty about which features to include. This uncertainty often leads to wasted time, effort, and money on introducing or modifying features, reworking user journeys, and adjusting UI/UX without clear direction. That’s where Helix steps in. 1. Helix empowers founders to visualize the first draft of their idea in just 3 minutes. 2. By generating 80% of your prototype upfront, Helix streamlines the early stages of development. Its intuitive interface and robust customization options guide you in perfecting the remaining 20% with ease. 3. With feature flow mapping, Helix allows you to define, adjust, and finalize user journeys effortlessly. 4. The resulting visual prototype becomes a powerful tool for gathering feedback from your team, co-founders, investors, family, and friends. Incorporating feedback is quick and seamless, enabling rapid iteration. When you’re confident in your prototype, Helix sets the stage for the next big step: building your MVP. We’d love to hear your thoughts on Helix. We’re launching soon on Product Hunt, and it’s free for now as we’re eager to receive genuine feedback. Here’s the link to explore Helix: https://shorturl.at/tFPBU

Rakesh Gupta · Answer

In the early stages, speed is crucial. Aim for a product that I can build fast, learn from and pivot if needed. An MVP doesn’t need to be fancy just functional enough to get user feedback and prove my hypothesis

Seungwoo Jang · Answer

@niveditha_patluri Amazing, I'll definitely try it out.

Seungwoo Jang · Answer

@ashitvora Thanks for the feedback, and as you say, building a community with your audience before launch is very important.

Egor Slyusarchuk · Answer

First, of course, comes the party. But seriously, an MVP is not the end goal of your product strategy. You should always have a plan for the next month, quarter, year, and beyond. In fact, you should have multiple plans in place and be ready to adjust based on the feedback from early users and the results of your fundraising efforts.

Answer

Focus on solving one core problem really well. My MVP should have just enough features to solve my target user’s pain point

What's the best MVP (minimum viable product) development strategy for startup founders?

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