{"id":14827,"date":"2022-11-26T05:40:18","date_gmt":"2022-11-26T05:40:18","guid":{"rendered":"https:\/\/techpearl.com\/1645704443043\/?p=14827"},"modified":"2024-02-14T13:12:41","modified_gmt":"2024-02-14T13:12:41","slug":"how-techpearl-is-enabling-startups-enterprises-by-harnessing-the-power-of-mvp","status":"publish","type":"post","link":"https:\/\/techpearl.com\/1719395789229\/how-techpearl-is-enabling-startups-enterprises-by-harnessing-the-power-of-mvp\/","title":{"rendered":"How Techpearl Is Enabling Startups &amp; Enterprises By Harnessing The Power Of MVP"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"14827\" class=\"elementor elementor-14827\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-197e1dc elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"197e1dc\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c1c33d4 jltma-glass-effect-no\" data-id=\"c1c33d4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-dc43852 jltma-glass-effect-no elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"dc43852\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">How Techpearl Is Enabling Startups &amp; Enterprises By Harnessing The Power Of MVP<\/h1>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6588030 elementor-author-box--image-valign-top elementor-author-box--align-left jltma-glass-effect-no elementor-widget elementor-widget-author-box\" data-id=\"6588030\" data-element_type=\"widget\" data-widget_type=\"author-box.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-author-box\">\n\t\t\t\n\t\t\t<div class=\"elementor-author-box__text\">\n\t\t\t\t\t\t\t\t\t<div >\n\t\t\t\t\t\t<h4 class=\"elementor-author-box__name\">Srikanth Renganathan (VP - Techpearl)<\/h4>\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8c35812 bdt-ss-btns-view-icon bdt-ss-btns-shape-rounded bdt-ss-btns-align-left bdt-ep-grid-0 bdt-ss-btns-style-flat bdt-ss-btns-color-original jltma-glass-effect-no elementor-widget elementor-widget-bdt-social-share\" data-id=\"8c35812\" data-element_type=\"widget\" data-widget_type=\"bdt-social-share.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"bdt-social-share bdt-ep-grid\">\n\t\t\t\t\t\t\t<div class=\"bdt-social-share-item bdt-ep-grid-item\">\n\t\t\t\t\t<div class=\"bdt-ss-btn bdt-ss-linkedin\" data-social=\"linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ss-icon\">\n\t\t\t\t\t\t\t\t<i class=\"ep-linkedin\"><\/i>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"bdt-social-share-item bdt-ep-grid-item\">\n\t\t\t\t\t<div class=\"bdt-ss-btn bdt-ss-twitter\" data-social=\"twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ss-icon\">\n\t\t\t\t\t\t\t\t<i class=\"ep-twitter\"><\/i>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<div class=\"bdt-social-share-item bdt-ep-grid-item\">\n\t\t\t\t\t<div class=\"bdt-ss-btn bdt-ss-facebook\" data-social=\"facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"bdt-ss-icon\">\n\t\t\t\t\t\t\t\t<i class=\"ep-facebook\"><\/i>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\n\t\t\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-00ce3ec elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"00ce3ec\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bf71b3d jltma-glass-effect-no\" data-id=\"bf71b3d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-47d0a5f jltma-glass-effect-no elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"47d0a5f\" data-element_type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"2240\" height=\"1260\" src=\"https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2021\/11\/Minimum-viable-product.jpg\" class=\"attachment-full size-full\" alt=\"Minimum viable product\" srcset=\"https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2021\/11\/Minimum-viable-product.jpg 2240w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2021\/11\/Minimum-viable-product-300x169.jpg 300w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2021\/11\/Minimum-viable-product-1024x576.jpg 1024w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2021\/11\/Minimum-viable-product-768x432.jpg 768w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2021\/11\/Minimum-viable-product-1536x864.jpg 1536w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2021\/11\/Minimum-viable-product-2048x1152.jpg 2048w\" sizes=\"auto, (max-width: 2240px) 100vw, 2240px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-fd3f2c1 elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"fd3f2c1\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-257c969 jltma-glass-effect-no\" data-id=\"257c969\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b2fb78a jltma-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"b2fb78a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Eric Ries, introduced the concept of the minimum viable product (MVP) as part of his Lean Startup methodology. He describes the purpose of an MVP as \u201ca version of a new product that allows a team to collect the maximum amount of validated learning about customers with the least amount of effort\u201d. MVP (Minimum Viable Product) has been used by startups to test their products with early adopters. MVP has only a minimum set of features sufficient to test the idea, concept or risk with the initial users. The final, complete set of features is only designed and developed after understanding the feedback from the\u00a0 initial users. The difference between prototypes or mockups or other exploratory techniques and MVP is that MVP is an actual product that is used by real customers. This helps in getting valuable feedback which can be incorporated in the main product.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-9ca4aac elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"9ca4aac\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-41fd693 jltma-glass-effect-no\" data-id=\"41fd693\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-f0ffede jltma-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"f0ffede\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"500\" src=\"https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/MVP.png\" class=\"attachment-full size-full\" alt=\"MVP\" srcset=\"https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/MVP.png 800w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/MVP-300x188.png 300w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/MVP-768x480.png 768w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-38f5223 elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"38f5223\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-88c8c05 jltma-glass-effect-no\" data-id=\"88c8c05\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a4dfd22 jltma-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"a4dfd22\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">MVP development process<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-8b2fe17 elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"8b2fe17\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-b31eea7 jltma-glass-effect-no\" data-id=\"b31eea7\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b37cedd jltma-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"b37cedd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"580\" src=\"https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/Ideas-4-1.png\" class=\"attachment-large size-large\" alt=\"Ideas 4 1\" srcset=\"https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/Ideas-4-1.png 1024w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/Ideas-4-1-300x170.png 300w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/Ideas-4-1-768x435.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c6ef3b9 jltma-glass-effect-no\" data-id=\"c6ef3b9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d30f4ac jltma-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"d30f4ac\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"580\" src=\"https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2021\/11\/steps-to-build-mvp.png\" class=\"attachment-full size-full\" alt=\"steps to build mvp\" srcset=\"https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2021\/11\/steps-to-build-mvp.png 1024w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2021\/11\/steps-to-build-mvp-300x170.png 300w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2021\/11\/steps-to-build-mvp-768x435.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-9deb402 elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"9deb402\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-341e3b9 jltma-glass-effect-no\" data-id=\"341e3b9\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1d77774 jltma-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"1d77774\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><b>Come up with an Idea: <\/b><span style=\"font-weight: 400;\">Develop a basic idea which might yield a successful product.<\/span><\/li><li><b>Conduct market research: <\/b><span style=\"font-weight: 400;\">Check the practicality of the product in the market and its demand. Identify the early adopters who can provide unbiased feedback. An early adopter is a person who embraces new technology before most other people do. <\/span><\/li><li style=\"font-weight: 400;\"><b>Shortlist features: <\/b><span style=\"font-weight: 400;\">List down the most important and unique features that are useful for customers. These are features which are high on impact and low on effort. Also features which have many unknown aspects or assumptions are also good MVP candidates.\u00a0<\/span><\/li><li><b>Develop the MVP:<\/b><span style=\"font-weight: 400;\"> Plan and develop the product with its basic features making use of minimum time and cost. As the idea is to fail or succeed fast in the experiment, the development methods should be simple and barebones without frills. <\/span><\/li><li><b>Iterate:<\/b><span style=\"font-weight: 400;\"> MVP is an iterative process. Continue to Identify your riskiest feature or assumption, set-up the simplest experiment to test that assumption, and use the results of the experiment as feedback.<\/span><\/li><li><b>Pivot or Persevere:<\/b><span style=\"font-weight: 400;\"> Pivot or Persevere is the backbone of MVP implementation. Hence, before MVP starts, it is important to establish a clear success or failure criteria. Once enough data is gathered during MVP implementation, a decision needs to be taken on whether this is the right product worth pursuing or not. Success and Failure criteria helps in removing the subjectivity in taking these decisions. As per Eric Ries, we need to answer this simple question &#8211; are we making sufficient progress to believe that our original strategic hypothesis is correct, or do we need to make a major change? That change is called a pivot. <\/span><b>Pivot <\/b><span style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">is a structured course correction designed to test a new fundamental hypothesis about the product, strategy, and engine of growth.<\/span><\/span><p><b>Persevering<\/b><span style=\"font-weight: 400;\"> means continuing to use the ongoing MVP development to ensure that success criteria is met. We need to still come up with new ideas without altering the direction of the current MVP.<\/span><\/p><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-e669772 elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"e669772\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a7c3e9a jltma-glass-effect-no\" data-id=\"a7c3e9a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-acc19d0 jltma-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"acc19d0\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">The MVP iterations follow the classic BUILD-&gt;MEASURE-&gt;LEARN cycle pioneered by Eric Ries. Build-Measure-Learn may sound simplistic, but it has turned out to be a transformational technique for businesses that previously developed products\/solutions without getting stakeholder views. Build-Measure-Learn improves on the &#8220;just do it&#8221; approach with an incremental, iterative methodology that replaces assumption with knowledge and certainty<\/span><span style=\"font-weight: 400\">.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9299139 jltma-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"9299139\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">Often in large projects, it is difficult to estimate the effort and budget requirements. MVP process provides vital information to resolve this issue. You understand the effort involved more clearly as the number of unknowns decrease with each MVP.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-ceb25d7 elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"ceb25d7\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7e3c713 jltma-glass-effect-no\" data-id=\"7e3c713\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-e5b974a jltma-glass-effect-no elementor-widget elementor-widget-heading\" data-id=\"e5b974a\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How Techpearl is enabling startups &amp; enterprises in leveraging MVP<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-cf4ba07 elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"cf4ba07\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-d5f3269 jltma-glass-effect-no\" data-id=\"d5f3269\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-59b8288 jltma-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"59b8288\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">At Techpearl, using MVP for product development has become a way of our development work mode. Techpearl has helped several startups and enterprises to leverage the value of MVP modelling and incorporated\u00a0 it in their product development life cycle.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d7b314 jltma-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"2d7b314\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">In case of startups, we have initial working discussions with them to understand the purpose of their product, the target market and customers, the product architecture, the technology risks etc. We then propose the elements of the product which could be developed as an MVP and provide cost estimates and timelines. In the initial stages, the startups are less likely to deploy developers to work on MVPs. Many startups do not have the time or resources to develop MVPs as they focus on core areas of market study, customer preferences, overall product roadmap etc. This is a key area where Techpearl pitches in as a technology partner and helps them navigate their technology risks and get the initial feedback from early adopters.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-46e08ec jltma-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"46e08ec\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">In the case of enterprises, we act as their backend engineering team to enable them to have a faster reach to market. Here too, we de-clog their priorities where enterprises can focus on the unknowns leaving the MVP development and other engineering activities to a tech partner.<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-4285945 elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"4285945\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8acf88c jltma-glass-effect-no\" data-id=\"8acf88c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2440fbd jltma-glass-effect-no elementor-widget elementor-widget-image\" data-id=\"2440fbd\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/Key-Characteristics-Of-A-Successful-MVP.png\" class=\"attachment-large size-large\" alt=\"Key Characteristics Of A Successful MVP\" srcset=\"https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/Key-Characteristics-Of-A-Successful-MVP.png 1024w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/Key-Characteristics-Of-A-Successful-MVP-300x225.png 300w, https:\/\/techpearl.com\/1719395789229\/wp-content\/uploads\/2022\/11\/Key-Characteristics-Of-A-Successful-MVP-768x576.png 768w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-b87ac48 elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"b87ac48\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fa45014 jltma-glass-effect-no\" data-id=\"fa45014\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-34275ca jltma-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"34275ca\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"text-decoration: underline\"><strong><b>Key characteristics of a successful MVP &amp; its benefits<\/b> :<\/strong><\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-27d12d2 jltma-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"27d12d2\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul><li><span style=\"font-weight: 400\">Winning early adopters<\/span><\/li><li><span style=\"font-weight: 400\">Getting Investor Buy-In<\/span><\/li><li><span style=\"font-weight: 400\">Business Concepts verification<\/span><\/li><li><span style=\"font-weight: 400\">Market Demand forecast<\/span><\/li><li><span style=\"font-weight: 400\">Developing a viable monetization strategy<\/span><\/li><li><span style=\"font-weight: 400\">Cost-Efficiency<\/span><\/li><\/ul>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"has_ma_el_bg_slider elementor-section elementor-top-section elementor-element elementor-element-99d78c7 elementor-section-boxed elementor-section-height-default elementor-section-height-default jltma-glass-effect-no\" data-id=\"99d78c7\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"has_ma_el_bg_slider elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1ea7c94 jltma-glass-effect-no\" data-id=\"1ea7c94\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-09dafc9 jltma-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"09dafc9\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><span style=\"font-weight: 400\">MVP is known to be a proven method where you experiment and understand the success or failure of the idea with minimum investment in resources including time. Through an MVP, one can do a proof of concept, test a complex integration, verify performance limits etc and build confidence in their products and that of their customers. MVPs improve the cycle time to take a product to the market. At Techpearl, we have tailored and perfected MVP based development and applied them in a diverse set of projects and domains!<\/span><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2ba4a4a jltma-glass-effect-no elementor-widget elementor-widget-text-editor\" data-id=\"2ba4a4a\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p><i><span style=\"font-weight: 400\">Build your minimum viable products with Techpearl and get the most effective &amp; optimal software solution! <\/span><\/i><\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Eric Ries, introduced the concept of the minimum viable product (MVP) as part of his Lean Startup methodology. He describes the purpose of an MVP as \u201ca version of a new product that allows a team to collect the maximum amount of validated learning about customers with the least amount of effort\u201d. MVP (Minimum Viable &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/techpearl.com\/1719395789229\/how-techpearl-is-enabling-startups-enterprises-by-harnessing-the-power-of-mvp\/\"> <span class=\"screen-reader-text\">How Techpearl Is Enabling Startups &amp; Enterprises By Harnessing The Power Of MVP<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":13,"featured_media":10858,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,21],"tags":[45,44],"class_list":["post-14827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-software-development","tag-minimum-viable-product-agile","tag-mvp-approach"],"_links":{"self":[{"href":"https:\/\/techpearl.com\/1719395789229\/wp-json\/wp\/v2\/posts\/14827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techpearl.com\/1719395789229\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techpearl.com\/1719395789229\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techpearl.com\/1719395789229\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/techpearl.com\/1719395789229\/wp-json\/wp\/v2\/comments?post=14827"}],"version-history":[{"count":119,"href":"https:\/\/techpearl.com\/1719395789229\/wp-json\/wp\/v2\/posts\/14827\/revisions"}],"predecessor-version":[{"id":19132,"href":"https:\/\/techpearl.com\/1719395789229\/wp-json\/wp\/v2\/posts\/14827\/revisions\/19132"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techpearl.com\/1719395789229\/wp-json\/wp\/v2\/media\/10858"}],"wp:attachment":[{"href":"https:\/\/techpearl.com\/1719395789229\/wp-json\/wp\/v2\/media?parent=14827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techpearl.com\/1719395789229\/wp-json\/wp\/v2\/categories?post=14827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techpearl.com\/1719395789229\/wp-json\/wp\/v2\/tags?post=14827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}