Minimum Viable Product and the Importance of Experimentation in Technology Startups

Commercializing a brand new product or service is a complex task with an uncertain outcome. Whether it is undertaken in a big corporation, a startup, or a not-forprofit organization, it requires vision, determination, and resources. Entrepreneurs of all stripes, in a garage, a multinational, or in a social enterprise, have brilliant ideas and doggedness to succeed. Resources, however, can be scarce.