Building a minimum viable product (MVP) is a strategic approach to product development that focuses on delivering the core functionality with minimal features. The key is to create a prototype that validates the product idea, gathers user feedback, and enables iterative improvements. The process involves identifying the target audience, defining the essential features, and developing a functional prototype. By launching the MVP, you can collect valuable insights, validate assumptions, and iterate based on user feedback. This iterative approach helps to streamline the product development process, reduce risks, and increase the chances of building a successful and marketable product. Embrace the MVP approach to efficiently validate and refine your product ideas.