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Vijay Gupta
Jumping from one sta... • 2d
MVP vs Final Product What would you prefer ? MVP (Minimum Viable Product) – It may have fewer features and a less streamlined process since it's still in the building stage. Someone with more resources could copy your idea, and users might not pay or use it due to missing features or poor execution. However, it helps you validate whether you're actually solving a real problem or if there's a genuine need in the market. Final Product – It takes more time and effort to build. But after months of development, you might discover that there's no real market need or users aren’t willing to pay. On the flip side, a complete product lets you offer all features properly, ensuring a smooth, polished user experience. That can lead to higher customer satisfaction, better reputation, and more conversions. Plus, with the product already built, you can fully focus on customer acquisition and scaling.
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Anirudh Gupta
CA Aspirant|Content ... • 2d
I just read Nawal sir post which said if a business is failing then one should obtain feedback.By obtaining feedback he can understand what's going wrong,in fact he can get a sharper clarity about what he should focus on. MVP would act as a medium for entrepreneurs to validate and obtain feedback and improve on their products.
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