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MVP Fundamentals

Lean Startup 101: How MVPs Drive Innovation & Fuel Startup Growth

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By LegrescaTech Expert & Industry Thought Leader
📅Jan 25, 2025
⏱️15 min read
🏷️MVP Fundamentals
Lean Startup 101: How MVPs Drive Innovation & Fuel Startup Growth
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Frequently Asked Questions

Got questions? We've got answers. Find quick solutions to common queries below.

MVP stands for Minimum Viable Product — a stripped-down version of your product used to validate assumptions with minimum cost and maximum learning.

They reduce the risk of failure, allow faster time-to-market, and ensure you build what customers actually want.

A landing page with a signup form or a manual service delivery model (concierge MVP) are common early-stage MVPs.

Depending on complexity, anywhere from a few days to a few weeks. If it takes longer than 3 months, you're probably overbuilding.

Absolutely. MVPs aren't just for startups — corporations use them to test new products, services, or market expansions with reduced risk.

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Lean Startup 101: How MVPs Drive Innovation & Fuel Startup Growth | Legresca Blog