How Much Should You Pay for Your Minimum Viable Product?

22/07/2021 12 min Temporada 1 Episodio 8

Listen "How Much Should You Pay for Your Minimum Viable Product?"

Episode Synopsis

If you've ever wanted to hire a mobile app agency or a freelancer to build your MVP (minimal viable product), you've probably been hit with prices anywhere between $500 and $1,000,000. That's a huge gap! During the early stages of your product, your goal is to build an MVP to validate your business idea. To get the most out of your MVP you'll want to build only what is necessary. Once you know what is and isn't necessary you'll understand exactly how to price your MVP. We will go into the differences between an MVP and a prototype. We'll touch upon the factors that determine the price. Finally, we'll answer your question: How much should your MVP cost?