Mvp in nutshell

An MVP is a minimum viable product, which is a product with just enough features to satisfy early customers, validate an idea, and provide feedback for future product development. Building an MVP involves prioritizing requirements, rapid prototyping, testing with customers, and measuring customer engagement and retention to determine if the product is viable or needs adjustment before a full product launch. MVPs fail when they are not tested with real customers early enough or if customer feedback is not incorporated into iterative improvements.