Minimum Viable Product
In plain terms
The simplest version of a product that delivers value and learning.
Going deeper
An MVP includes just enough features to satisfy early users and validate assumptions with minimal effort. It maximizes learning per unit of build.
Under the hood
Focuses on validated learning over feature completeness; informs whether and how to invest further.
Examples
Startups, product validation, lean, early releases, hypothesis testing.
Think of it like...
Like a food-truck test of a restaurant concept before building the full restaurant.