Launching a startup using the MVP concept

[MESIgoal]

I recently thought about how to minimize the cost of launching my startup without losing quality. My main goal was to make a mobile app, and at first I wanted to hastily add as many features as possible. However, a friend suggested that it's better to start with a minimum viable product (MVP). Has anyone launched something like this? How can I avoid mistakes and not overpay for functionality that may not be useful?

[Blandar]

It's a good idea to focus on MVPs, especially if budget is limited. I once launched an app and made the same mistake - added features that no one used. Ended up spending more time and money to maintain them. It's better to start with the basic functionality and gradually add more, guided by user feedback. If you want to learn the process in detail, I recommend you to take a look at this page https://digiscorp.com/services/startup-mvp-development/ . It explains well how to define basic features for MVPs and how to approach development in a smart way.

[JoWee]

It's interesting how the MVP approach helps reduce risk at launch. I always thought it was better to launch everything at once, but that seems to require a huge budget and team resources. I guess with MVP it's easier to test demand and not overload users with redundant functionality. A convenient and efficient approach for startups!