What are the steps to building an MVP?

1. Identify a Problem Worth Solving

Identify the core issue your product addresses or the need it fulfills. How does the user solve that problem currently? How will your product make their life better?

2. Define the Target Audience

Identify your target audience, understand their preferences and pain points, and create a user persona for the ideal customer to ensure your product meets their needs.

3. Evaluate the Competition

Study competing products to define your MVP's functionality. Analyze their market share, customer reviews, and media coverage to understand their strengths and weaknesses.

4. Look for  Blockers

Identify potential roadblocks and constraints early in MVP development, such as deadlines, budget limitations, and regulatory issues. Address these challenges proactively to avoid excessive spending.

5. Create an Initial Design

This phase involves business analysts defining the MVP's appearance, technical architects specifying the tech stack, and designers creating working prototypes and visual designs.

6. Build the  MVP

With the previous knowledge and artifacts, your development team is prepared to build and test the MVP, which may take days to months depending on complexity.

7. Launch and Gather Feedback

Collect user feedback efficiently by using surveys, interviews, focus groups, and more, tailored to your audience and product type.

8. Analyze and  Iterate

Analyze the feedback, noting both dislikes and areas for improvement, to enhance the next product.