The MVP approach takes you through the crawl, walk run process : Risk Mitigation through Real-World Validation
More often than not I meet first time founders claim they have assurances from customers and that they have done surveys. While it is good to have these as research for your product need and market.
The real validation only happens when you give them something to use and track their usage.
Surveys and assurances from prospects often sound promising but can be misleading. The real litmus test lies in users engaging with the product.
Here's why an MVP is your dynamic shield for risk mitigation:
-While surveys gauge interest, they are not confirmations of the real pain points being addressed through your product. People may express enthusiasm, but true validation happens when they interact with a tangible product.
-Assurances from prospects mean nothing until they roll up their sleeves and engage with your MVP. It's the hands-on experience that transforms promises into actionable insights.
-If a feature doesn’t resonate, you have the flexibility to adjust, ensuring a product-market fit. Users interacting with your MVP provide authentic feedback, shaping a product that addresses genuine needs.
Surprises and challenges are inevitable, but with an MVP, you detect them early.
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