“How long will it take to develop my MVP?”
It is the most frequently asked question that we encounter.
I wish there would be a definite answer to this question but unfortunately it is not. The BEST answer – and the most honest one – is this: the timeframe for developing an MVP depends upon the type of business the MVP is for, the complexity of the product, and the scope of the MVP.
Now we know that this is not the answer you’re looking for. So here is our answer: The time required to develop an MVP would be anywhere between 4 to 6 weeks.
Now, this is not the most “definite” answer but it is based on our experience of working with startups and their founders.
Here are some points to consider that impact the timeline:
- The foundation of any MVP is the business concept around which the MVP is built. The development of the business concept can take days, weeks, or months of research to see if the product is possible, viable, or even one that doesn’t already exist. We take the revserve approach where we research for no more than 2 weeks and draw a “temporary” conclusion which is anyways going to change based on further feedback.
- Once this is done, a rough outline for the MVP is developed. This could be as simple as a spreadsheet, drawings, or outline on paper, or mere an Adwords campaign which will be executed to gather the feedback. This typically takes a week’s time.
- Then comes evaluating the results which is the most important part in our opinion. We believe that it is okay to start wrong as long as the business is willing to establish a process where quick feedback are taken into an account. In fact, that is the whole purpose – it is to validate the “viability” of the product with the minimum possible efforts.
So typically within 4 to 6 weeks of time we get a good idea of the viability of the product. There are cases where it takes more than 6 weeks – upto 12-14 weeks to develop and execute an MVP but as we said, more than 70% of the startups we consult, gets a fairly good idea about whether to pursue the idea or not within about 4 to 6 weeks.