Imagine that you can finally buy the house of your dream. There is a large yard, swimming pool and beautiful garden near the house. The building has three functional floors and looks absolutely amazing, but there is one problem. The building has been built for several years. The landscape around has changed. And it seems to you that a three-story house is too much. The question arises, how to change the house now according to today’s requirements.
That is what often happens with MVP creation. It is necessary to build a flexible foundation in a world today, respond quickly to market changes and adapt the product to new conditions. Hardly every IT company can give such a result. The most common issue is quick MVP creation. As a result, it is difficult for other teams to work with such a sketchy product.
MVP developing is like building a house, really. Some builders quickly erected the walls, while others did not know what to do next because the construction plan didn’t correspond to the result.
Purpose of an MVP
Yes, we do not deny that the purpose of building an MVP is to launch a product quickly, based on an established idea, with a small budget. Building an MVP implies finding the right balance between what the business offers to users and what they actually need. And this is where the initial but solid foundation for creating such an MVP.
MVPs also allow businesses to minimize errors in the development process and help in collecting maximum quality. And here, too, everything is like building a house. First, the architect calculates all the pros and cons and then only does a project for the final product.
Most business founders want to see their “house” functional and up-to-date as soon as possible. This approach is the best option for startups. Our Magnise Team knows how to do everything quickly and skilfully. We know everything about the fastest market entry: within four weeks. You will get your software product from idea to market launch and everything in between with Magnise. Let’s lay the foundation.
Start possibly with the most obvious step for everyone: validating ideas. This is necessary for you to answer the next question:
- Is the problem you’re solving a popular one and relevant at the moment? (For example, Airbnb – the issue of lodging is actual to everyone who travels, and their services are still on the top today).
And to make your product as successful as Airbnb, we take the following steps in Magnise:
Step 1: Business Analysis – draw a plan for the build
Our team does business analysis using our unique Sprint methodology, takes five days. We analyse the business idea, define key product features, do a professional competitors analysis and collect feedback from potential customers based on the tangible product prototype of the future project during those five days. This time is enough for a qualified team to collect the necessary data. Do not doubt!
Step 2: Work with the Project Manager – the architect collects all the pros and cons
Our Project Manager defines the key functionality of the future product using special prioritization techniques. The owner determines a set of future MVP functions based on all the pros and cons. That’s when the owner chooses the best MVP package for him. Our team collects the necessary number of bricks to build your project as soon as possible.
Step 3: Design
You will have a question – what will the windows and doors look like? The house has exterior and interior designs, of course. A professional designer prepares the layouts and visual elements of the product following the defined technical tasks.
Step 4: Development – recruiting builders
Our team is developers with extensive experience. We are preparing a unique team just for your project. Therefore, the development of MVP will be fast.
Step 5: Testing – do we need a three-story house?
To ensure the exact relevance of the MVP and its final implementation, you need to test. Yes, our house requires additional calculations, accuracy, and analysis. And suddenly the place for construction is not good? Or will the neighbours be bad? We need to know everything to succeed. At this stage, prioritize all the features that the MVP will support. To prioritize the MVP features, ask questions such as: What do the users want? Is this product offering them something beneficial? Etc.
Step 6: Launch – the house is built
Once the development phase is completed, the development team arranges product handover to the owner and ensures smooth performance. Answer if this is your dream house.
Step 7: Post-Delivery Support – help to get used to a new house
The post-delivery support covers communication with the client and assistance in problem-solving should this arise. It is a bottom line for us that you get the most out of working with Magnise.
Be ready to go down the road
Remember, time changes rapidly. Market trends are also changing. Therefore, it is significant to feel the relevance of your product. But if you do not know how to start the process of creating an MVP, contact us. We know exactly how to make a successful product for you.