We're going to go right into the definition of an MVP. According to Eric Rees, who wrote some books on the lean startup and lean methodology, a version of your product that can deliver the most amount of learning in the least amount of time. So this means that you're going to build something that you can test really quickly, without spending a lot of time and money so that you can get data and feedback from customers to see if you're building the right thing that they may want. Here's how you would do that. So instead of building a tire, and then two tires, and then a frame of a car, and then putting those tires onto the frame, people can't test these things, right, but they can test a skateboard that you built. And then once they give you feedback and said they would rather have a scooter, and a bicycle, and a motorcycle, and a car, your customers can test every of these iterations or versions.

Same goes for a burger like say you want to build the world's best burger. You're not going to give somebody this Because if you give this to somebody, they're going to taste the lettuce to onions, the tomato, the bacon cheese, the bun. They're not going to taste the patty that much. I mean, sure they will. But you know, when you bombard it with features or condiments in this case, they're not going to really get the essence of your burgers. So say you do a blind taste test, you can give somebody this burger, the Burger King burger and a McDonald's burger.

And if they choose yours, then you know you have a really good burger. So that's when you can start adding all these condiments and features to it because now you've proven that people like your Patty. Same goes for a virtual reality headset. You know, you think this is the first one somebody built. When Google and a bunch of other companies started getting into the VR space, I'm sure this is what it looked like with some electrical tape and some wires and batteries, and that kind of thing. So you know, even the Google Cardboard is very rudimentary, but eventually they've been able to perfect that by building something beautiful like this.

Same goes for Facebook, people don't realize when the Facebook first came out, it really was just an online directory in Just let you connect to people in your school. And that was pretty much it there were there were not a lot of features. And then of course, as they grew, they started gathering data. And they started adding games and videos and photo albums and birthdays and all sorts of events and things you can do on Facebook. And why is that important? Why should you build an MVP?

Everyone always says to me, Jason, why can't I just build my app the way I want to? Well, because you're not going to get any data before you build it. If you just build something based on what you think is correct, which means you'll learn faster, you'll take less risks, and you'll spend less money