this post was submitted on 25 Nov 2023
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The "one thing" can be a $5M thing (to build) for some products/industries, and a $1000 thing for others. Numbers are totally arbitrary here - the point is that the MVP does just the essential for that pain point.
How much did the Chat GPT MVP cost?
How much did the Gumroad MVP cost?
Etc...
yea to add to these, i've had a multiple profitable online businesses.
MVPs are very much alive and kickin.
more popular than ever.
but you probably can't tell the difference between MVP and launched product.
Everything has gotten so accessible people will build full fledged brands and launch them, just no infrastructure or minimal infrastructure on the backend.
for something as simple as a teeth whiteneing product like trysnow.com or a business service like explodingideas.co there's tons of examples of companies that started with mvp.
for saas too.
i mean look at theranos, elizabeth didn't even have an MVP and did a deal with walgreens.
that gives you everything you need to know tbh.