What is the least viable product?

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tanjimajuha4
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Joined: Thu Dec 05, 2024 4:23 am

What is the least viable product?

Post by tanjimajuha4 »

A Minimal Viable Product (MVP) is a version of a product that has enough features that users can interact with and use the product while also getting benefits from it.

An MVP is the heart of country code +372, estonia phone numbers the lean startup methodology and is essential for testing your idea in real time with real customers, so you can get feedback and make adjustments before wasting time building an entire product that might not work.

How do I create an MVP?
There are several ways to create an MVP for your product. The first is to create a minimum viable version of your product that is still useful. If you are selling a service, what is the simplest service you can offer?

The second approach is to take an existing product and remove as few features as possible. Most importantly, we want to test the most fundamental assumptions behind your business with potential customers.

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#4 Rotate if necessary
Now that you’ve tested your MVP and understand what your customers want, use that to your advantage. Do you need to make small changes to your product or change direction?

If the product feedback is positive and your customers are using your SaaS, great! But if not, make the small changes that are needed.

It’s important to remember that an MVP is not a final solution, and it’s not just about building a minimal product. You need to find a balance between building a minimum viable version of your product and considering all the features you want to include.

The last thing you want to do is build an entire product only to find that customers don’t really need it or just want a few small changes. A common saying about pivoting is “fail fast,” but some would argue that this isn’t always the right approach. It’s important to consider how many times you can pivot before your business no longer has a chance of succeeding.

# 5 Start hiring
Now that you have a product direction and know where you’re going, it’s time to take action, increase brand awareness , and start hiring.

It's good to start with a few people, but after a year or so, it's a good idea to start looking at hiring more help. Getting additional employees involved with your SaaS early on can boost morale and help accelerate your vision. You'll also need to use this process with remote work software , which can help keep things neat and under control. An employer of record provider can simplify hiring employees living overseas.


One of the most important things to consider before hiring any employees is where you will find them. Will you be hiring freelancers or permanent employees?

Both approaches have their pros and cons, but it really depends on your specific situation. If it's a more established SaaS with a larger customer base, this is much harder to do. On the other hand, if your SaaS is new and unvetted, hiring one or two people early on can help a lot.

Let's take a look at an overview of hiring employees and freelancers.
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