21 March 2024
Minimum Viable Product’s Benefits and Goals: An MVP Development Process Guide
Building MVP is no simple task. Startup founders face great disappointment when, after months of exhausting work and large sums of money spent, their company fails to withstand the fierce market competition. Here’s what the US Bureau of Labor Statistics tells us about the survival rate of private sector establishments: * 20% of new businesses fail in the first year. * 34% of businesses close within the first two years. * More than 50% of businesses remaining after the second year close by
