The Four Parts of a Minimum Viable Product

If people sign up for our MVP, that means we’ve got Product/Market Fit, right?

The answer to it is “NO”.

We build an MVP in order to take a small step towards Product/Market Fit and each step must be a complete Build-Measure-Learn loop. For an MVP, this means we need a minimum of four parts:

1. Customers
2. Value Proposition
3. Channels
4. Relationship