MVP product development doesn't differ significantly from software product development in general. The steps are more or less the same, but the speed and goals vary.

Here are 5 key stages of the MVP creation process to prepare for the pitfalls.

Stage 1 – Define A Problem Statement

Stage 2 – Conduct Market Research

Stage 3 – Prototype Potential Solution

Stage 4 – Define Features' List

Stage 5 – Iterate Constantly

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