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Businesses is inherently risky. We've all heard that statistic about 9 out of every 10 startups failing in the first year. Among the primary reasons why failure is so common is lack of product market fit. In other words, a product went into distribution without getting the foundation right.
That foundation is exactly what an MVP is. It's a tool to gauge market response, before you get the opportunity to waste budgets down the drain.
Without further ado, let's get into the article.
Businesses is inherently risky. We've all heard that statistic about 9 out of every 10 startups failing in the first year. Among the primary reasons why failure is so common is lack of product market fit. In other words, a product went into distribution without getting the foundation right.
That foundation is exactly what an MVP is. It's a tool to gauge market response, before you get the opportunity to waste budgets down the drain.
Without further ado, let's get into the article.
