Are you an entrepreneur? Well then, one of the first steps you should take in the start-up world to reduce risks and to speed up the process of adapting a new product to the market is a Minimum Viable Product or MVP.
Start-up expert Eric Ries popularized this concept, which is nothing less than a prototype of your idea or business plan. You can make it possible with minimal resources and go to market quickly to make sure that customers are interested in buying your product.
A product with a core set of functions to resolve customer's problems and add value.
Achievable and with enough core features to carry it through.
Deploy a product to early adopters to see if they are willing to pay for it.
Save time and money with an MVP and quickly validate your own business project.