Why is this Important? The MVP is the simplest version of your product that can be used to iterate on your assumptions. It is the most basic version of the solution you are proposing.
Key Actions | Things to Consider | Tool Kit |
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Determine the simplest product that will be commercial viable | The MVP should solve the unmet need and be capable of generating easy to understand evidence of this
Examples Include:
Do not overly complicate the product at this point – an overly complex product can:
Try to get a product to market as fast and inexpensively as possible |
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Make sure your provisional patents cover the MVP |