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To define your MVP, you must envision the first instance of your product and find a working method on how to showcase its best possible features in a simple and brief way. Let’s take a look at the 7-step guide on how you can turn your product idea into a successful startup and to appeal to the early adopters: Step 1. Define the problem you want to solve. Decide whether it is worth solving and if there are existing products on the market that can already solve this exact problem successfully.  Step 2. Analyze your users by applying different tactics like surveys, focus groups, interviews, etc. Step 3. Define what your full product should look like. Collect feedback from your team and first adopters.  Step 4. Create a list of top priority features that your product must have in order to carry out its basic functionalities.  Step 5. Generate, combine and sort ideas on the viability of your product – how it works, what its features are, and how you are planning to scale the product in the future. Create an MVP draft.  Step 6. Define an MVP by finding your best user stories. Use existing tools to create an MVP before you start pouring investments into developing your own in-house software.  Step 7. Continue to generate feedback and innovate your MVP.

3x founder | Forbes 30U30 | Founder @Checkme and @Renova, no-code platforms for insurance industry