Artificial Intelligence
Innovation
Jun 06, 2023
Innovify
As a tech entrepreneur, you have a vision for your minimum viable product (MVP) that can change the game in your industry.
However, turning that vision into reality requires a dedicated tech team with the right skills, expertise, and experience. Developing an MVP is different from developing a full-fledged product, and it requires a unique set of strategies and approaches.
Let’s understand how it affects a development team.
The difference between developing an MVP and a full-fledged product also affects how you select your development team. Here are a few key considerations:
If you plan to assemble an MVP team, the following should be your approach.
The planning stage sets the foundation for the entire project. During this stage, you must define the product vision, goals, and objectives.
You should also identify the core functionality and prioritize features required for your MVP. Similarly, define the technology stack, development methodology, and timeline for the project.
To perform the planning stage the right way, you should follow these steps:
While planning, you’ll also have to focus on creating a structure for your agile team. Typically, the agile team structure includes the following.
The hiring stage determines the success of the project. To develop an MVP, you need to hire a team that is capable of delivering the core functionality of the product quickly and efficiently.
Here is how to hire employees for your MVP development project:
The onboarding stage ensures that the new team members are fully integrated into the project and the company. During this stage, you must provide access to tools, resources, and documentation that the team needs to start working on the project.
The following are the best steps to onboard new hires:
The collaboration stage ensures that the team works effectively together and that the project is progressing according to plan. During this stage, you need to establish a feedback process and ensure that the team members are communicating effectively.
Here are the best practices for team collaboration:
Both approaches can suit you; of course, it depends on your approach. Here are the
highlights to help you make a decision.
In-house MVP developers are developers who are hired directly by your company to work on their minimum viable product (MVP) in-house, meaning they work in the same physical location as your company’s other employees. These developers may be hired as full-time employees or as contractors, depending on the company’s needs and resources.
Pros:
Cons:
An augmented team of MVP developers is a team of developers who are hired on a temporary or project-based basis to work on a company’s minimum viable product (MVP). These developers are not full-time employees of the company but are instead contracted through a third-party provider, such as a software development agency or freelancer platform.
Pros:
Cons:
Ultimately, whether to hire in-house MVP developers or augment teams from a reliable provider will depend on your specific project requirements, timeline, budget, and resources.
Both approaches offer distinct advantages and disadvantages, and the optimal choice will vary depending on your circumstances. If you are working with a tight budget, facing tight deadlines, or require specialized skills or knowledge, augmenting your team may be the better choice.
On the other hand, if you prioritize full control over the development process, product vision, and team culture, hiring in-house may be the best option for you.
Be it team augmentation or in-house teams, building an MVP by yourself will bring several challenges, such as sprint planning, feature prioritization, technology scaling, etc.
If you want to avoid making mistakes and build your MVP correctly, consider outsourcing your MVP development project to Innovify.
Let’s connect to build your MVP.
The development phases for an MVP typically include ideation, design, development, testing, and launch. These stages may vary depending on the complexity of the product and the development approach used.
After shipping an MVP, the first step for a product team is to gather feedback from users and analyze the data to identify areas for improvement. This feedback can refine the product and guide future development efforts.
Agile working on an MVP involves breaking down the development process into smaller, iterative sprint cycles. This allows for frequent feedback and adjustments, leading to a more efficient and effective development process.
The success criteria for an MVP may vary depending on the product and business goals, but generally, it should demonstrate that there is a viable market for the product, that users are willing to engage with it, and that it can be developed and launched within a reasonable timeframe and budget.
After the MVP in Agile, the product team can continue to develop the product through iterative cycles, adding new features and improving existing ones based on user feedback and data analysis. This ongoing process is known as “product development”.