MVP stands for Minimal Viable Product, a basic version of a new product that only has basic features that are enough to showcase an idea, get early feedback, and increase the chances of a successful implementation. Simply put, developing an MVP for startups gives companies a real sense of the viability of an idea. Deploying a minimum product early allows for more accurate market forecasting and ensures that a future full product version is tailored based on early user feedback.
The success of your idea starts with the great MVP!