Question

What is an MVP (Minimum Viable Product)?

MVP defined properly. Frank Robinson 2001, Eric Ries 2011. The smallest version that tests a falsifiable hypothesis, not a stripped-down launch product.

TL;DR

The smallest version of a product that lets you test a single, falsifiable hypothesis about a buyer's behavior. Coined by Frank Robinson in 2001; popularized by Eric Ries in The Lean Startup (2011). Often not a working product at all (a landing page, a Wizard of Oz prototype, a manual concierge service). The defining feature: it can fail. If your MVP can't fail, it's not an MVP, it's just a small launch.

The fast version

An MVP (Minimum Viable Product) is the smallest version of a product that lets you test a single falsifiable hypothesis about a buyer’s behavior. Coined by Frank Robinson in 2001; popularized by Eric Ries in The Lean Startup (2011).

Ries’s definition:

“The minimum viable product is that version of a new product which allows a team to collect the maximum amount of validated learning about customers with the least effort.”

What’s in that sentence: validated learning, least effort. What’s NOT: a list of features, a number of weeks, an aesthetic standard.

What an MVP is NOT

The most common misuse: founders treat MVP as a synonym for “version 1.0 with fewer features.” That misses the point.

What it actually isWhat people often mean
A test for a specific hypothesisA stripped-down launch
Designed to be killed if the hypothesis failsDesigned to be the foundation
Often not a working product (a landing page, Wizard of Oz, manual fulfillment)Always a working product
Measured by what you learnedMeasured by how much you shipped

If your MVP cannot fail, it is not an MVP. It is just a small launch. The defining feature of an MVP is that it can produce evidence that kills the idea.

Common MVP types

  1. Landing page MVP. Describe the product, ask for sign-ups, measure conversion. Tests demand existence before any code is written.
  2. Wizard of Oz MVP. The user thinks they are using software; humans are doing the work behind the curtain. Tests whether the experience is valuable before you automate it.
  3. Concierge MVP. You explicitly do the work manually for a small group of paying customers. Tests willingness to pay AND the underlying workflow.
  4. Single-feature MVP. The product does ONE thing. Tests whether that one thing is enough to drive retention.
  5. Smoke test MVP (Fake Door). An ad campaign or pre-order page for a product you have not built. Tests whether marketable demand exists at the price point you intend.

The right type depends on what hypothesis you are testing. Demand? Use a landing page or Fake Door Test. Workflow validity? Wizard of Oz or Concierge. Retention? Single-feature.

How to scope an MVP

Write down one hypothesis BEFORE you scope:

[Buyer segment] will [take specific action] in response to [product offering] because [underlying reason].”

Example: “Solo founders will pay $50 to receive a custom-generated buyer persona report within 24 hours, because they are stuck on stage 2 of validation and have no other affordable option.”

Then ask: what is the smallest test that could falsify this? Often the answer is not a product. It’s a landing page, a Twitter post offering the service, or an email to ten people in your network.

If the smallest test takes six months and $50K, you didn’t pick the smallest test. You picked a launch.

How ShipFit operationalizes this

ShipFit’s stage 5 (What’s V1?) explicitly forces you to write down the hypothesis your MVP tests, then scopes the product down to the smallest version that could falsify it. The output is a feature list paired with the metric that defines success or failure. The system applies MoSCoW and ICE so cuts are visible instead of hidden in a spreadsheet.

If your hypothesis is “buyers will pay $50 for a persona report,” the MVP is a landing page and a Stripe checkout, not a full SaaS dashboard. The dashboard comes after the hypothesis is validated.

Further reading

Related

Frequently asked questions

Is an MVP just a stripped-down version 1?
No, and this is the most common misuse of the term. V1 is your launch product. The MVP comes earlier and is allowed to die. The MVP is defined by the hypothesis it tests, not by feature count. A landing page can be an MVP; a Wizard of Oz prototype can be an MVP; a manual concierge service can be an MVP. None of those are V1, but all of them produce evidence.
How long should it take to build an MVP?
Days to a few weeks. If your MVP takes 4+ months to build, you've scoped V1.3, not an MVP. Real MVPs are embarrassingly small. The Dropbox 'MVP' was a 3-minute video. Buffer's was a landing page with a pricing table and a 'sign up to learn more' button. The point isn't to be minimal for minimal's sake; it's to test the hypothesis as cheaply as possible.
What's the difference between an MVP and a prototype?
A prototype tests whether something is technically buildable; an MVP tests whether the market wants it. A prototype's audience is your team or investors; an MVP's audience is real buyers. They can overlap (a working prototype shown to buyers IS an MVP if the goal is to test demand), but the categories solve different problems.
Should I ship the MVP publicly?
Depends what you're testing. If you're testing demand: ship publicly to your buyer segment to get behavioral evidence. If you're testing workflow: keep it private with 5-10 buyers in a concierge mode. Public ship is loud and noisy; private concierge is quieter but produces deeper signal. Pick based on the hypothesis.
What if my MVP succeeds, do I keep building on it?
Often you throw most of it away. The MVP's job was learning, not load-bearing architecture. A landing-page MVP that converts at 3% to credit-card-on-file tells you the demand is real; you still need to build the actual product. A Wizard of Oz MVP that proves users will pay for the human-served version tells you to automate; you still need to build the automation. The MVP is the cheap test, not the product.
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