đź“ť Unit Quiz
Phase 3: Build Your MVP
Test your knowledge of MVPs, no-code tools, testing, and user acquisition!
Question 1 of 10
Score: 0/10
1
What does MVP stand for?
MVP stands for Minimum Viable Product—the simplest version of your product that allows you to test your core hypothesis and learn from real customers with minimum effort.
2
The main purpose of building an MVP is to:
An MVP is a learning tool. Its purpose is to test your assumptions about whether your solution solves a real problem, before investing significant time and resources into building a full product.
3
Which is NOT a typical no-code tool for building MVPs?
Python is a programming language that requires coding knowledge. No-code tools like Bubble, Carrd, Webflow, and Zapier let you build products through visual interfaces without writing code.
4
The "Build-Measure-Learn" loop is central to:
Build-Measure-Learn is the core feedback loop of the Lean Startup methodology. You build something quickly, measure how customers respond, learn from the data, and iterate.
5
A "concierge MVP" means:
A concierge MVP means delivering your value proposition manually before building technology. This lets you test if customers want the service without investing in building automated systems first.
6
What metric measures how many visitors become paying customers?
Conversion rate measures the percentage of visitors who take a desired action (like signing up or purchasing). It's one of the most important metrics for validating product-market fit.
7
Which is a "do things that don't scale" strategy for getting first users?
"Do things that don't scale" means using manual, high-touch methods to acquire early users—like personal outreach, hand-delivering your product, or providing white-glove service. This helps you learn what users really want.
8
A "Wizard of Oz" MVP is when:
Named after the movie, a Wizard of Oz MVP presents an automated-looking experience to users while humans manually perform the operations behind the scenes. This tests demand without building technology.
9
What's the best way to prioritize which features to include in your MVP?
Your MVP should include only the essential features needed to test whether your core value proposition resonates with customers. Everything else is a distraction from learning.
10
After launching your MVP, what should be your primary focus?
The MVP phase is about learning. Your focus should be on understanding how users interact with your product, what they love, what's missing, and whether you're solving a real problem worth solving.