In the dynamic, fast-paced world of start-ups, one term you’ll often hear is ‘Minimum Viable Product’ or MVP. This concept has become a fundamental part of the modern entrepreneurial lexicon, shaping the way start-ups approach product development and market entry. But what exactly is an MVP, and why has it become such a pivotal element in the start-up ecosystem? Let’s delve into the details to demystify this concept and understand its significance.
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