Launching a startup using the MVP concept

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?

Focusing on MVPs, especially through mvp development services, is a smart move when budgets are tight. I’ve experienced this myself when launching an app and mistakenly adding features no one used, leading to wasted time and resources. Starting with essential functionality and iterating based on feedback is much more efficient. For more insights into mvp development services, check out this page: https://digiscorp.com/services/startup-mvp-development/ . It explains how to define core features and approach MVP development effectively.

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!