Identify the Core Problem: Determine the primary issue your product aims to solve. This forms the foundation of your value proposition. Define Key Features: List out the features that are crucial for solving the core problem. Prioritize features that offer the most value to early users. Build a Prototype: Create a simple version of your product. It can be a wireframe, a landing page, or a basic functional model. Test and Iterate: Release the MVP to a select group of users. Gather feedback, analyze data, and make necessary adjustments. Measure Success: Use key performance indicators (KPIs) to evaluate the MVP's performance. Metrics like user engagement, retention rates, and conversion rates are crucial.