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Test The Minimum Viable Product (MVP)
Agenda
QUESTION 1: What is the main purpose of an MVP?
To earn a lot of money immediately
Validate hypotheses about the customer and the business
To have a perfect product
To fulfill a contract
2nd QUESTION: How is an MVP different from a prototype?
The MVP does not work
The prototype is sold
MVP is pitched to real customers and prototype is for internal learning
There is no difference
QUESTION 3: What strategy is mentioned to build an MVP quickly?
To hire more personnel
Fake it till you make it
Buy expensive technology
Ignore the user
QUESTION 4: What is an MVP according to the text?
Simplest possible version that delivers value to validate hypothesis
A paper sketch
The complete final product
A mock-up without functionality
QUESTION 5: What does the MVP allow before investing large resources?
Learn and adjust the direction with real data
Ensure total success
Ensure profits
Eliminate competition
6th QUESTION: What is NOT an MVP?
A functional product
A learning tool
An incomplete or low-quality product
A market experiment
7th QUESTION: What kind of learning does the MVP seek to achieve?
Theoretical learning
Academic learning
Financial learning
Validated learning
8th QUESTION: Who is the MVP mainly aimed at?
To the entire mass market
To the company's management
To competitors
To early adopters
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INCORRECT QUESTIONS
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Are there any errors or improvements?
Where is the error?
What is the error?
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