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What’s	an	MVP	in	this	book?

A	representation	or	prototype	of	a	value	proposition	designed	specifically	to	test
the	validity	of	one	or	more	hypotheses/assumptions.
The	goal	is	to	do	so	as	quickly,	cheaply,	and	efficiently	as	possible.	MVPs	are
mainly	used	to	explore	potential	customer	and	partner	interest.

Tip

Start	cheaply,	even	in	large	companies	with	big	budgets.	For	example,	use	your
smartphone	to	make	and	test	reactions	to	a	video	before	you	bring	in	a	video
crew	to	“professionalize”	videos	and	expand	testing.
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