MVP Development

How To Find the Best MVP Developers for Your Startup Idea?

How healthcare startups can benefit from AI?

It may have happened when you were talking to a friend or using a product that inspired a creative idea, a flash of genius. You get excited about the prospect of building a product based on your idea. You spend endless hours and days trying to develop your thought into a presentable concept. Naturally, once you have formulated your idea into a proper plan, the next step would be to find an MVP developer.

Finding a good MVP developer plays a significant role in the successful transformation of a startup idea into an app.

Having worked on many projects as a startup and grown to be excellent products, as professional developers, we know what makes a good startup idea and what makes it a bad one.

Check out these tips on how to find out if your MVP idea has a bright future before moving forward with the development process.

How to Validate Your MVP Idea?

Test your idea as many times as possible

Experiments increase your chances of success. You must experiment with your ideas until you learn to identify which ones work and which ones don't. Having this ability will also help you when you enter a harsh and rapidly evolving business environment with your new company.

Discuss your idea with potential customers

Interviewing your customers is primarily meant to identify their problems. Your solutions and ideas take a back seat. You should focus on the customer to find out what their major concerns are.

Be open to changes and failure

Entrepreneurs have a tendency to get obsessed with their ideas. Most likely, your brilliant ideas won't work when tested in reality. This does not necessarily mean that your idea is bad. It only means that you have to mold it according to the current business environment. If you fail, be willing to move on and work on improving your idea or trying to find a new one that will work.

Be proactive

Pre-selling your app idea can be a good way to determine whether it is viable and prevent you from making a mistake. Don't waste your time or money on ideas that haven't proven popular with your customers. There is no point in spending huge sums on advertising a useless product. Find an idea that people will enjoy, even if it is only a small group. When you find a good idea, explore your limits by selling it. The longer you wait before trying again, the less likely you are to know whether or not your idea is profitable. And now, if you find that you can go ahead with your idea, it is time you consider building an MVP.

Why Should You Build An MVP?

How healthcare startups can benefit from AI?

A simple version of your future product with only the essential features is one of the best ways to test whether your startup will succeed.

Benefits of building an MVP for your business

  • Launch to market faster. Even though the product is basic and doesn't offer a lot of features, it is working and can be offered to customers from the beginning. There is no need to waste time and money implementing all the features because you will be able to update them over time.

  • Early feedback. Through the feedback your customers provide, you will be able to improve your product and add new features.

  • Market research. Investing money wisely depends on analyzing user feedback for feature implementation.

  • Analyze user response. Your business solution can be improved by monitoring how your customers interact with it. It will help you improve customer experience and optimize your product.

Overall, MVPs provide an excellent way to test your product in the real world, as they pose risks, are easy to develop and deploy, and are significantly cheaper than fully-featured products.

Finding a Good MVP Development Partner

By working with a quality development partner, you'll be able to delight your customers from the very beginning. Let us have a look at the benefits of finding a good MVP development partner.

How healthcare startups can benefit from AI?

Reduced costs

When you work with reliable development partners, you will receive the most for your money. In addition, you will save more with each iteration when you have well-defined processes, procedures, and experienced teams in place.

Technical expertise

A startup app development company like Neetable offers a wide range of highly experienced developers. As a result, you can focus on the end product and business growth rather than worrying about the tech stacks and developers involved.

Faster time to market

There is a possibility that others have thought about similar solutions. Let our project managers make sure your project reaches the market first! Taking too long to find your team and bring the product to market may give you a competitive disadvantage.

Expert team of professionals

You can beat your competition with a well-rounded team that will build a more robust and well-engineered product. With each iteration, our project managers ensure a well-developed, designed, and tested product.

Future-ready product

With the right development partner, you can create a fantastic product that will delight your customers for a long time. Neetable ensures that you get a product you will love from day one.  Most startups will work with the same MVP team for their future works too. Here are the basic steps involved in finding a good MVP development partner.

Clarify your startup idea

When entrepreneurs have an idea, they usually move quickly into the hiring phase. Prior to contacting development teams, clarifying your vision will be a lot more cost-effective.

  • In this very first step, you need to clarify your business or product idea. Ask yourself:
  • What should your final product look like?
  • What does your market research tell you about your target market?
  • Do you understand your end user and what their needs are?
  • Define MVP requirements The business concept and product concept are clear. It's now time to define MVP requirements. An MVP represents a minimum viable version of your end product. The product version should include a clear description of what it will and will not include.

Define MVP requirements

The business concept and product concept are clear. It's now time to define MVP requirements. An MVP represents a minimum viable version of your end product. The product version should include a clear description of what it will and will not include. Typically, requirements fall into one of two categories: technical or functional. In order to create requirements, you should specify what you expect your users to be able to do and what you expect your software to do. The next step is to prioritize your list of possible requirements. You might not have all the features you want in your MVP. You might only find a subset of these features. Your goal is to determine what features your target audience will appreciate in your MVP, based on your project scope. All the requirements that do not make it to the high-priority list can be included in future iterations.

Find a good MVP development partner

It's now time to begin looking for MVP development companies with experience in your industry. From freelance software developers to large companies with extensive startup MVP development experience, many options are available. A good option would be to look for a team that has developed MVP products before. How do you identify good MVP development partners?

Based on experience. It is important to choose a partner who has experience delivering MVP development solutions. Ideally, they should know how to build a minimal feature set product according to lean startup methodology.

  • Based on the understanding of your project vision: Your product vision must be understood by the team you work with. As the project is being developed, they should be given the opportunity to provide input and feedback.
  • Based on transparency and communication: There will be a lot of communication during the development process. For your MVP to be built quickly, you'll need to partner with a responsive and communicative team.
  • Based on past user feedback: Finding a leading MVP development company is best done by getting referrals from other entrepreneurs who have created MVPs. Find out who they used and if they were satisfied.

Request a development proposal once you've identified a couple of options, which will help you evaluate and select the most one.

Evaluate proposals received

A software proposal from a prospective development partner should include:

  • Understanding of the problem to be solved
  • How do they propose to achieve the solution?
  • Who will be involved in the project? Details of the team with information on their technical background.
  • When and how long the project will take for completion?
  • What is the estimated budget for the project? Based on the information provided and your personal experience, you can consider how you feel about a long-term relationship with the particular company.

Choose an MVP development company

The MVP development company you choose should fit your requirements. After you decide which MVP software development company to hire, you have to negotiate and sign a contract. A software company's contract terms, duration, price, and delivery schedule should be taken into account when negotiating. Be clear about your expectations when you meet the MVP development company, and ask questions about the products and services it offers. Ensure you understand the contract thoroughly. Keep a copy of the contract once you have signed it.

Manage the MVP development process

The success of MVPs depends on effective project management. It is pertinent to do the following:

  • Have at least one project manager on your team or in the development team to assist with all aspects of project planning and implementation.
  • Track the development of the project using project management tools, which will help you identify any bottlenecks or issues.
  • Create milestones and deadlines based on the expected date of project completion.

Cost to Hire MVP Developers

The cost of hiring developers for your MVP typically depends on three major factors:

  • Experience and expertise of the developers
  • Size and scope of the project
  • Location of the developers Developer rates can range from $15 to $50 per hour based on their experience, expertise, and location. Another important aspect of budgeting for MVP development is the project's size and scope. A basic MVP might only take a few weeks to develop and can cost a few thousand dollars. A more complex MVP can take several months to develop and can cost more.

Your priorities should guide your selection of the development team so that your end product aligns with your budget and expectations.

Conclusion

Choosing the right MVP developers for your startup can be challenging. As a software MVP builder, you might feel overwhelmed by the number of options in the market, but by sticking to the suggestions we discussed, you can be confident that you've sourced the right team. Want to test, validate, and bring to life a great startup idea? Describe your idea to us, and we will suggest ways to make it happen, so you can create an application that people will love.

FAQs

Q. What are the benefits of building an MVP?

A. MVPs are a great way to get your product to market with minimal spending. By determining how much profit your product can make, as well as how many customers will be willing to buy it, you can measure the market size.

Q. How much does MVP development cost?

A. MVP development cost depends on the project complexity, number of resources, technical expertise, and other factors. When working with a leading MVP development company like Neetable, we provide you with cost-effective development on top of building a successful product. Our cost ranges from $10,000 to $45,000 depending on the project requirements.

TopImage